South African retailer, Pick n Pay to cut $187 million in costs in 3 years
18/05/2022South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rands ($187 million) in the next three years and grow its market share by.
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Africa
Recent Stories
South African court delays corruption trial of ex-president Zuma
17/05/2022On Tuesday, a South African court granted another adjournment in former president Jacob Zuma’s arms deal corruption trial, as his legal team pushes for the removal of the lead prosecutor.
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Environment
Recent Stories
South Africa says it is still analyzing details of $8.5 billion climate deal with rich nations
11/05/2022South Africa’s government is still analysing details of an $8.5 billion financing package offered by wealthy Western nations last year to help the country shift away from coal, environment minister.
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Business & Economy
Recent Stories
Durban welcomes global guests at Travel Indaba
04/05/2022Africa’s premier travel trade show, Travel Indaba, has kicked off in Durban, South Africa. South African Deputy Minister of Tourism, Fish Mahlalela, said that despite the COVID-19 setbacks, tourism has.
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Recent Stories
Trade and Investment
Building the South African Economy through Foreign Direct Investments, FDIs
19/04/2022South Africa is one of the most promising emerging markets globally. The country’s infrastructure and emerging market economy make it a strong and dynamic investment destination on the African continent,.
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Environment
Recent Stories
More than 300 killed, thousands affected in South Africa Floods
15/04/2022Heavy rains and flooding battered the eastern coast of South Africa on Wednesday, killing at least 306 people, damaging roads and destroying homes. The tragedy marked “one of the darkest.
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Recent Stories
Trade and Investment
South Africa Sells $3 Billion of Eurobonds Amid Rising Yields
14/04/2022South Africa raised $3 billion in a Eurobond sale, the third African nation to tap the market since the start of Russia’s war with Ukraine. In its first foray into.
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Business & Economy
Africa is an extremely important market for South Africa – Dr. Rob Davies
13/12/2018South Africa Minister for Trade and Industry, Dr. Rob Davies said that South African business people should consider the continent as an extremely important market. Minister Davies was speaking at.
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Business & Economy
Seraphim opens first African solar cell factory in South Africa
10/12/2018Seraphim Solar System Co. Ltd, a global solar product manufacturer, has announced the inauguration of a new 500 MW solar cell factory in the Coega Industrial Development Zone of Port.
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Africa
President Kenyatta holds talks with Deputy President Mabuza of South Africa
07/12/2018Kenya’s President Uhuru Kenyatta has today held talks with South Africa’s Deputy President David Mabuza who paid him a courtesy call at State House, Nairobi. During the meeting, President Kenyatta.
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