Search results for 'South Africa'
Zimbabwe
Tongaat Hulett's Sugar Division Acquired by Tanzania's Kagera Sugar: A Sweet Deal or Cause for Caution
Tongaat was recently at the centre of a storm involving accounts manipulation and gross mismanagement by the management, which dearly costed the company. Over the recent past, the Rudland brothers hav
Jul 25, 2023
World
Fostering Regional Energy Synergy: South Africa and Namibia Forge Strategic Partnerships
Harare - In a landmark ministerial-level meeting, South Africa and Namibia, both esteemed members of the Southern Africa Development Community (SADC), embarked on a collaborative exploration of energy
Aug 21, 2023
Zimbabwe
Matias Cardarelli Appointed as PPC CEO: Charting a Course for Growth Amidst Challenging Times
With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen
Sep 04, 2023
South Africa
Truworths International Reports 8.2% Increase in Retail Sales Amid Economic Challenges
Truworths International Limited (TRU.J) on Monday reported an 8.2% growth in retail sales for the 26-week period ended 31 December 2023. The South African-based fashion retailer revealed that its reta
Jan 29, 2024
South Africa
Sibanye Plunges to a 37 Billion Loss, Prompts Reconsideration of Additional Restructuring Measures
Sibanye Stillwater Reported Massive Loss of 37.4 Billion Rands, Wiping Out Previous Profits Commodity Price Decline Affected Operations The Company Faces Restructuring and Project Cutbacks Amid Econom
Mar 07, 2024
Top Stories
Old Wine in New Bottles: Gvt Imposes ZiG 200k Fine for Violating Formal Market Rate Pricing
The introduction of the ZiG currency in Zimbabwe's ongoing currency struggle has been met with a wave of pessimism, much like its predecessor, the Zimbabwe Dollar. In just a month since its inception,
May 10, 2024Zimbabwe’s Maize Harvest Plummets 70% Accelerating Hunger Fears: Immediate Implications
Zimbabwe is facing a dire agricultural crisis as the Ministry of Agriculture reports an estimated staggering 70% decrease in maize harvest for the farming season 2023/2024 compared to the previous sea
May 09, 2024