New Finance Minister Addresses Media on SA’s Financial Road Forward
New Finance Minister Pravin Gordhan, only appointed on Sunday night, lost no time addressing media on Monday, apparently trying to quell the local and...
Starbucks Isn’t the Only US Fast Food Coming to Town
Move over, Starbucks, doughnut-maker Krispy Kreme and competitor Dunkin' Donuts are also opening up in South Africa.
While much attention has been given to the fact...
More Entertainment Options as Netflix Launches in South Africa
The successful U.S. streaming entertainment company Netflix has broadened its global outreach to South Africa, where it launched this week and goes up against...
South Africa Says Deal Reached with U.S. Over Poultry
PRETORIA - South Africa said on Thursday it had come to an agreement with the U.S. at the 11th hour over poultry imports that...
South African Fund Manager Gives Company Profits to Charity
In a Mark Zuckerberg-like gesture of incredible kindness and philanthropy, the head of a Johannesburg-based fund manager controlling $35 billion has given his family’s controlling stake in...
Elon Musk’s Tesla Company to Enter the SA Market
The Pretoria-born, U.S.-based business magnate and innovator Elon Musk is eyeing out the market for some of his products in South Africa, where he will open...
End of an Era for NYC’s First SA Restaurant?
Madiba could be closing down.
The first totally South African restaurant in New York, it opened 17 years ago in an area – Fort Greene,...
Anglo to Cut 85,000 Jobs in Bad Market
Anglo American will cut its work force by two-thirds, the mining giant said on Tuesday, a move that is seen to reflect China’s diminishing...
Ethiopian Airlines to Order 10 Narrow-Body Planes, Eyeing CSeries or E2-CEO
MONTREAL (Reuters) - Ethiopian Airlines, Africa's largest carrier, wants to buy 10 narrowbody planes and is considering Canada's Bombardier and Brazil's Embraer jets among...
SABMiller Agrees to be Taken Over in Major $104 Billion Deal
LONDON - The South African brewer SABMiller has agreed to a $104-billion takeover bid by its larger rival Anheuser-Busch InBev, it was reported on...
