Business
Africa trade insurer seeks $500m to help with Iran war cost...
Africa's leading multilateral insurer of trade risk is seeking about $500-million (R8.1-billion) in capital from partners to support countries that face higher costs as...
IFC, Citigroup sign $98m local currency borrowing facility for South Africa
The World Bank Group’s private-sector arm, the International Finance Corporation, and US bank Citigroup have signed a new $98-million (R1.6-billion) borrowing facility aimed at...
High compliance costs holding back small businesses, says Cyril Ramaphosa
President Cyril Ramaphosa has warned that unless regulatory pressure is eased, many businesses will remain locked out of formal economic participation or struggle to...
Isuzu and Toyota partner on hydrogen-powered truck for future logistics
Isuzu Motors Limited and Toyota Motor Corporation have announced a strategic collaboration to develop Japan’s first mass-produced light-duty fuel cell electric truck, marking a...
Patrice Motsepe firm beats Tanzanian miners in transnational R3.6bn case
A company linked to billionaire Patrice Motsepe has scored a decisive courtroom victory against Tanzanian mining players in a R3.6-billion legal showdown rooted in...
Oil prices flat as traders assess U.S.-Iran talks, Strait of Hormuz...
Oil prices were little changed on Wednesday as investors assessed prospects for renewed US–Iran talks and the potential for supply to be released from...
Botswana has not requested stake in Lobito refinery, Angola’s Sonangol says
State-owned oil firm Sonangol has not received any formal communication from Botswana signalling its desire to acquire a stake in Angola's new $6.6-billion (R108-billion)...
‘Blend’ countries pay billions extra as access to cheap multilateral loans...
Developing nations are paying tens of billions of dollars extra to fund infrastructure, education, and health projects due to inadequate access to affordable loans...
NFO warns of surge in ‘easy money’ account misuse cases
The National Financial Ombud Scheme South Africa (NFO) has warned of a rise in complaints linked to the misuse of personal bank accounts as...
Local pension funds power Africa’s record hotel boom
A surge in locally funded hotel developments is reshaping Africa’s hospitality sector, with South African pension funds emerging as influential players in a record-breaking...
