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LATEST Africa  

Nigeria and South Africa weigh down Africa growth outlook

The IMF projects 3.1% growth for sub-Saharan Africa in 2018; exclude Nigeria and South Africa, and the figure is 4.6%.

Abduction of Africa’s youngest billionaire prompts reward offer

The abduction of Mohammed Dewji, the owner of MeTL Group and who has a net worth of $1.5bn, is the latest worrying turn for Tanzania.

The Pick n Pay ship is slowly turning around

Records its strongest performance in five years.

PSG still sees significant growth potential in SA

… despite prevailing conditions and sub-par economic growth prospects.

LATEST Economy  

SA gets $35bn in investment pledges towards $100bn goal

Commitments include those from Saudi Arabia, the UAE and China.

IMF lowers SA’s economic growth forecasts

Urges reforms to improve policy certainty and the efficiency of state-owned companies.

LATEST Industry  

Mining, Engineering, Industry, Factory production

Shell, Equinor commit to Tanzania LNG as they await host accord

Shell and Equinor said they’re committed to a project that will allow the export of natural gas from Tanzania.

Navigating the nuances of offshore investment

Offshore wrappers are providing some of the solutions.

LATEST International  

Eskom crisis deepens, load shedding narrowly averted

Govender resigns, money for salaries questioned.

Deputy president Mabuza in South Sudan to talk peace plans

In a bid to strengthen the enactment of a deal to end the five-year civil war.

LATEST Markets  

Rand weaker, focus on Fed minutes and retail sales data

In early morning trade the rand was at 14.21 per dollar, 0.32% weaker than its New York close on Tuesday.

Wall St rallies over 2% with earnings, data boost

Tech leads all 11 S&P sectors higher.

LATEST South Africa  

Solidarity to strike at Denel firm over pay

The state-owned company has not paid managers and specialists their full salaries in September.

EFF confident in deputy leader over VBS allegations

EFF leader, Julius Malema says he wants proof that Floyd Shivambu benefitted from the bank's failure.

LATEST Tech  

Netflix investors seek signs of resurgence after July letdown

Netflix has tripled in value over the past three years by posting record subscriber growth that consistently exceeds Wall Street forecasts.

Netflix earnings will test waters for tech giants after sell-off

Wall Street expects Netflix to have added about 5.1m subscribers in the third quarter.

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