Day: May 9, 2019

Pretoria – So-called smaller political parties on Thursday said they were willing to take the Electoral Commission of South Africa (IEC) to the Electoral Court over irregularities in Wednesday’s general election. More than 10 political parties including the African Peoples’ Convention (APC), National Freedom Party, African Transformation Movement (ATM), Black First Land First, Land Party, […]

Discovery Vitality is launching HealthyDining – a brand-new Vitality benefit that offers members up to 25 percent cash back on healthier meal options when ordering takeaway food via the Uber Eats app. With HealthyDining Discovery Vitality will also get 50 percent cash back on Vitality kids’ healthy meals. The HealthyDining benefit integrates seamlessly with Uber […]

The Emirates Group on Thursday announced its 31st consecutive year of profit and steady business expansion. In its 2018-19 Annual Report, the Emirates Group posted a profit of AED 2.3 billion (US$ 631 million) for the financial year ended 31 March 2019, down 44% from last year. The Group’s revenue reached AED 109.3 billion (US$ […]

While all property values fluctuate in line with the country’s overall economic conditions and with interest rate levels, some areas do consistently experience better growth over time – and generate higher returns for home owners. And that is why buyers need to spend at least as much time deciding on the area in which to […]

African businesses are being challenged to wake up to the economic, social and environmental power of the Blue Economy. Momentum is gathering for companies based in Africa’s coastal nations to fully recognise and understand the benefits of backing a Blue Economy, which covers a wide range of productive sectors that are crucial for the continent’s […]

Congo Republic has taken a decisive step towards debt sustainability through a loan restructuring with China, especially combined with fiscal caution and renegotiations with private creditors, the head of an IMF mission said on Wednesday. Congo’s government said on Thursday it signed an agreement in April to restructure its debt to China, which amounted to […]

Vivo Energy, the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, has made a strong start in the first quarter of the year, reporting 7 percent increase in volumes to 2.441 million litres. The group attributed the volume growth during the quarter to good underlying growth in its existing 15 Shell-branded markets […]

In the past it has been said that central banks were the worst when it comes to trading in gold. No so anymore, specifically since end-2012. According to the World Gold Council’s recently released data central banks’ gold purchases in aggregate averaged around 150 tons per quarter since 2012. What is important though is that […]

Transnet chairperson Popo Molefe yesterday told the state capture commission that the group needed to recover at least R7.2 billion that was siphoned from the company, but warned that a lot of the money had already left the country. The rail and logistics parastatal also said it was suing former chief executive Siyabonga Gama to […]

South Sudan has signed a contract with a U.S. lobbying firm, after cancelling an earlier deal with the same company that drew criticism from rights groups over its aims, documents showed. Lobbying including trying to lift U.S. sanctions and avoid the establishment of a court to try war crimes was part of the brief in […]

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