The company said yesterday that the engagements were meant to ensure the sustainability of the domestic industry and market stabilisation.
Chief executive Paul Dunne said that the strong financial performance was underpinned by Northam’s on-track growth and diversification strategy.
FAO said limited export supplies from Europe, caused by strong internal demand, was the main driving force behind the increase.
Business sentiment weakened in January, with executives painting a more realistic outlook compared with the euphoria that swept the market when President Cyril Ramaphosa assumed office.
INTERNATIONAL – Chinese-owned Volvo Cars reported a fall in 2018 profit margins as a prolonged trade war between Washington and Beijing pushed up costs and resulted in pricing pressure in its main market China.
The figures are given as “full-time equivalents” to account for part-time positions, the head of Wits University’s School of Economic and Business Sciences, Prof Jannie Rossouw, told Africa Check.
CAPE TOWN – The most critical challenges facing South Africa is the sustainability of Eskom which would require some sort of workable solutions but not the price increases, Minerals Council of South Africa chief executive, Roger Baxter said on Tue...
According to TMT Finance, Africa Telecom, Media and Technology (TMT) infrastructure, Initial Public Offering (IPO), Mergers and Acquisitions (M&A) fundraising in Africa are expected to continue growing due to increasing dealflow across the region ...
The value of tea exported for the January- November period grew by Sh8.9 billion, fresh data by Kenya National Bureau of Statistics, reveals.
The wise businessperson will be considering the broader effects of Brexit, not just on the economy in the United Kingdom, but on a global level, where the UK’s influence is felt.
Flour Mills of Nigeria Plc has recorded a 27.37 per cent decline in its profit after tax in three months to 31st December, 2018.
The Central Bank of Kenya (CBK) said in its latest weekly bulletin that other factors pushing the deficit down to 4.9 percent of the gross domestic product (GDP) were an increase in tourism receipts and a decline in food imports.
President Uhuru Kenyatta is banking on modernisation and development of new factories to help generate targeted 800,000 new decent jobs for the youth under “Big Four Agenda” economic transformation plan by 2022.
The united Nation Conference on Trade and Development (UNCTAD) report said these countries will continue to suffer unless strategies that stimulate exports are put in place.
Wildlife tourism is a powerful tool, countries can leverage to grow and diversify their economies while protecting their biodiversity and meeting several Sustainable Development Goals.
Ian Lourens, chief executive of OneLogix, said yesterday that they were starting with the earthworks on the site, with the facility expected to be completed in June or July next year.
Similarly, the Head, Department of Banking and Finance, Nasarawa State University, Keffi, Prof. Uche Uwaleke, said that the huge amount of money being spent on debt servicing was crowding out other areas of public expenditure.
, San Francisco, United States, Feb 5 – Google parent Alphabet reported quarterly earnings beating Wall Street expectations on Monday, but shares slipped, with investors apparently focused on rising costs at the technology giant.
Month-on-month electricity consumption hit a four-year high of 750.97 Gigawatt hours (GWh) in November, pointing to increased uptake of power by households and businesses in signs of accelerating economic growth.
Tea farmers earned Sh140 billion last year boosted by high volumes that defied low international prices of the commodity in the market.
“By comparison, financial support coming first, with measures aimed at generating savings at Eskom materialising much later – given that they would entail unpopular decisions on electricity tariffs and/or additional cost-cutting that would require...