Business

Bitcoin sinks to new 13-month low

14 hours ago | Business

Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching US$5 173.23 on the Bitstamp platform. Bitcoin was last down 5.2% at US$5 270. The cryptocurrency, and other lesser coins including...

Capricorn excels at integrated reporting

14 hours ago | Business

Capricorn Group scooped the Best Regional Company Award at the Annual Integrated Reporting Awards 2018 hosted in Johannesburg by Chartered Secretaries Southern Africa in partnership with the JSE Limited recently.It is the second year in...

Company news in brief

14 hours ago | Business

Rio Tinto, Nespresso join forcesNespresso, part of food giant Nestle, aims to use sustainable aluminum in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto announced on Monday.Both companies...

Angola battles to revive oil exploration as output declines

1 day - 19 November 2018 | Business

Stephen Eisenhammer – Last Saturday, nearly two decades after securing the initial rights, Total's CEO Patrick Pouyanné was in Luanda to snip the ribbon on a US$16 billion oil project.It's not clear when he, or...

Thousands die yearly because of fake drugs

1 day - 19 November 2018 | Business

Sofia ­ChristensenWhen Moustapha Dieng came down with stomach pains one day last month he did the sensible thing and went to a doctor in his hometown of Ouagadougou, Burkina Faso's capital.The doctor prescribed a malaria...

Oil rises on expected OPEC cuts

1 day - 19 November 2018 | Business

Henning ­GloysteinOil prices rose on Friday amid expectations of supply cuts from OPEC, although record US production dragged.Brent crude oil futures were at US$67.49 per...

Joining forces

4 days ago - 16 November 2018 | Business

This was confirmed by Andre Neethling, director of Noric Otavi. Nedbank will assist with the financial structuring of the project and the raising of both...

Green exhibits at AfricaCom

4 days ago - 16 November 2018 | Business

Green Enterprise Solutions was the only Namibian company to exhibit at AfricaCom 2018 in Cape Town this week.This was a significant step, as it shows...

Company news in brief

4 days ago - 16 November 2018 | Business

Uber posts US$1 bln lossUber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6% in the latest...

Owning a small business not for the faint of...

5 days ago - 15 November 2018 | Business

Laurence Theron, born in Swakop and living in Walvis Bay, says it's getting tougher for small and medium (SME) size businesses to survive.Theron would know.His...

Company news in brief

5 days ago - 15 November 2018 | Business

MTN to offer mobile banking in NigeriaMTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next...

Angola bets on largest-ever offshore oil investment

6 days ago - 14 November 2018 | Business

Philippe Alfroy - A column of flame emanates from the bow of the boat, illuminating the jet-black ocean for miles around.For three months now the...

Business

Africa seeks more exports to...

1 week ago - 13 November 2018 | Business

Xu Zheng and Zhu Shaobin - Fridah Mbaya is exhilarated by her trip to the ongoing China International Import Expo (CIIE) in Shanghai. She can...

Company news in brief

1 week ago - 13 November 2018 | Business

Total plans new offshore Angola wellFrench oil company Total said on Saturday it plans to drill 13 wells on block 17, offshore Angola, in order...

Erongo Marine Enterprises opens onshore...

1 week ago - 12 November 2018 | Business

Erongo Marine Enterprises inaugurated its onshore processing plant at the Walvis Bay harbour on Wednesday.Speaking during the inauguration, Erongo Marine Enterprises managing director, Martha Uumati...

Company news in brief

1 week ago - 12 November 2018 | Business

Standard Bank to launch secondary listingSouth African lender Standard Bank will be floating its shares in a secondary listing on the A2X markets stock exchange...

Practical and strong-willed

1 week ago - 09 November 2018 | Business

Elizabeth Joseph Nangombe Negumbo has always known she wanted to venture into the communications industry. She did not waste any time securing her seat at...

Company news in brief

1 week ago - 09 November 2018 | Business

Credit Suisse pulls out of South Africa Credit Suisse has pulled out of South Africa after more than a decade as part of chief executive...

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