News By Category Business

African Deli's grand plans laid bare

2 days ago - 23 June 2017 | Business

Born and bred in Mondesa, entrepreneur Silvanus Kathindi is on a mission to produce ready-made tripe meals for the masses, with grandiose plans to produce up to 30 million servings by 2020. He recently spoke...

Temporary oil gains lost

2 days ago - 23 June 2017 | Business

Oil turned lower on Thursday after posting gains earlier in the session as traders look ready to test new lows for crude prices with worries persisting over a global glut. Since peaking in late...

Kapana champ search starts

2 days ago - 23 June 2017 | Business

The preliminary rounds in the Nedbank Kapana Cook-Off Competition have kicked off and the first five participants going through to the final round were chosen from hordes of other participants at the coast recently.Magreth Uazikiza,...

Curro buys SBS

2 days ago - 23 June 2017 | Business

Private education group Curro has bought its second academic college in just one month, as it gears up to list tertiary learning subsidiary Stadio on the Johannesburg Stock Exchange.Stadio will buy 74% of Southern Business...

Refurbishment to informal stalls

3 days ago - 22 June 2017 | Business

Vendors who ply their trade near the Wernhil Park bus stop will soon move into new stalls while eight informal markets in the capital have also been considered for upgrading during the 2017/18 financial year.The...

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Risky gold rush

3 days ago - 22 June 2017 | Business

Hulking excavators claw at riverbanks on Indonesia's Sumatra island in the hunt for gold, transforming what was once a rural idyll into a scarred, pitted...

Absa approaches high court over Public Protector's report

3 days ago - 22 June 2017 | Business

Absa and its main shareholder Barclays Africa have decided to approach the high court in order to have the Public Protector's report into Bankorp reviewed...

Early days for Ondundu

4 days ago - 21 June 2017 | Business

B2Gold Namibia is yet to make a long-term decision with regards to the development of its joint-venture project with Forsys Metals on the Ondundu project....

Marenica tests technology

4 days ago - 21 June 2017 | Business

Prospective uranium miner Marenica will be putting its U-pgrade processing technology on trial locally as moves to show investors that it is sitting on what...

Matangara factory opens in Walvis Bay

5 days ago - 20 June 2017 | Business

A businessman from Swakopmund, along with partners, has opened a N$70-million matangara processing factory at Walvis Bay.'Matangara' is the Oshiwambo word for tripe.The AfricanDeli factory...

Slight uptick in vehicle sales

5 days ago - 20 June 2017 | Business

Vehicle sales remained lacklustre in May with 1 118 vehicles sold according to research house IJG which released its monthly vehicle sales report recently.According them,...

Standard Bank launches 2017 Auto Show

5 days ago - 20 June 2017 | Business

It's all systems go for the 2017 Standard Bank Auto Show slated for 30 June to 1 July this year. The show which is expected...

Aquaponics the answer

1 week ago - 18 June 2017 | Business

The landscape of urban vegetable gardening can soon be a reality for communities to produce their own food from even a tiny spot in a...

New rules drop SA miners

1 week ago - 18 June 2017 | Business

Companies including Anglo American and Sibanye Gold dropped after South Africa increased the minimum black ownership requirement for local mines and set a 12-month deadline...

Bushveld acquires tin mine

1 week ago - 16 June 2017 | Business

Bushveld Minerals is listed on the development board of the London Stock Exchange announced this week that it had completed the acquisition of a 49.5%...

Inflation on downward spiral

1 week ago - 16 June 2017 | Business

The inflation rate observed during the year suggests that the overall price of goods and services appears to be going down – according to the...

ICT is expensive and lacks...

1 week ago - 16 June 2017 | Business

Information and communication technology (ICT) services and products are expensive and lack quality, said ICT minister, Tjekero Tweya. Opening the Southern Africa Telecommunications Association Conference...

EU roaming charges dropped

1 week ago - 16 June 2017 | Business

The European Union rang in the end of cross-border roaming charges for mobile phone users in the 28-nation bloc yesterday, hailing it as “one of...