Deutsche Bank to boost team in Africa
Deutsche Bank has hired a senior corporate originator in SA – someone who sources clients and deal opportunities…
Denel announces turnaround strategy
Denel announces turnaround strategy After a really long, hard struggle workers of Denel have now received their salaries – dating back to 2018. There is a total of around R318 million in salaries that were paid to workers from extra money from the [Denel]...
EU to release some SA citrus
EU to release some SA citrus, but worried growers say new rules are still a lemon. Good news for SA citrus farmers as the EU arranged to release at least some of the tons of fruit currently stuck at ports. But local producers say the deal doesn’t solve...
Transnet far from being financially and operationally sustainable
Transnet is far from being financially and operationally sustainable despite ‘accounting profit’ While Transnet’s ports and pipelines are improving, the big problem remains in Transnet Freight Rail, its largest division, which accounts for 47% of its total...
US investors visit South Africa with an eye on renewable energy
US investors visit South Africa with an eye on renewable energy. If there’s one thing we have, it’s sunshine. US investors with over $ 1 trillion of assets under management are in SA to look for investment opportunities. The delegation will meet...
Private sector shows solid improvement in July
The private sector shows solid improvement in July The S&P Global SA PMI released on Wednesday edged up to 52.7 from 52.5 and rose to a 14-month high in July, edging up to 52.7 from 52.5 the previous month. This is the strongest private sector growth since...
Investors rescue Sigfox IoT network in South Africa
Investors rescue Sigfox IoT network in South Africa. Major companies in SA, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network. This comes a year after Remgro’s CIVH effectively pulled the plug on Sigfox...