SA banks turn to mid-sized businesses as new growth frontier
In the glass-walled boardrooms of South Africa’s biggest banks, executives are ramping up efforts to win clients from a once overlooked corporate segment:... Read more.
South Sudanese whistleblower reported abducted in Kenya
A South Sudanese whistleblower who made allegations of corruption in his home country was abducted in Kenya and taken to South Sudan’s capital Juba, according... Read more.
Boks Eye Winning Start Against England
South Africa intend to field their strongest line-up against England in the opening round of the new Nations Championship next month as coach Rassie Erasmus alleviated... Read more.
Euro Pauses Before ECB Hike; Dollar Flat
South Africa’s central bank said on Wednesday the country’s financial system was likely to remain resilient despite tighter financial conditions and... Read more.
Crude Edges Higher as U.S.-Iran Tensions Intensify
Oil prices jumped on Thursday on the escalation of hostilities between the U.S. and Iran, but later pared gains as traders assessed the actual impact on supply disruptions.... Read more.
Rand Gains as Dollar Wavers Amid Middle East Tensions
The South African rand gained in early Thursday trade as the U.S. dollar wavered, while renewed strikes by Iran and the United States and higher oil prices kept... Read more.
China’s Hengli Eyes West Africa, Mideast Oil After Sanctions
China’s Hengli Petrochemical, sanctioned by the U.S. for allegedly purchasing Iranian oil, has bought at least 2 million barrels of West African crude and... Read more.
US urges Europe to impose Ebola travel bans ahead of World Cup
The Trump administration has called on European nations to follow Washington’s lead and impose travel restrictions on people who have recently been in Central... Read more.
Nigeria’s largest refinery’s gasoline unit to resume full rates in June, IIR says
Nigeria’s Dangote oil refinery has derated its gasoline-making unit (RFCC) by 34% since May 21 and expects the unit to resume full rates in mid-June, industry... Read more.
War over Ozempic, Wegovy hits South African courts
Danish drugmaker Novo Nordisk headed to court in South Africa on Wednesday to try to halt the sale of unapproved copies of semaglutide, the key ingredient in its... Read more.
