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MTN Group reported a 69% decline in annual profits, mainly due to the devaluation of the naira and difficulties in Sudan, with significant pre-tax losses. Plans for recovery include renegotiating …
MTN’s Annual Profit Declines Due to Naira Devaluation and Conflicts in Sudan Read More
MTN Group has reported a dramatic 68.9% fall in annual profits due to Nigerian currency devaluation and operational issues in Sudan. The headline earnings per share decreased to 98 cents …
MTN Group Reports 68.9% Decline in Annual Profit Amid Currency Challenges Read More
Microsoft plans to invest ZAR 5.4 billion ($298.6 million) by 2027 to expand cloud and AI infrastructure in South Africa, following a previous investment of ZAR 20.4 billion. This initiative …
Microsoft to Invest $300 Million in AI and Cloud Infrastructure in South Africa Read More
Taiwan’s Ministry of Foreign Affairs protested the South African government’s unilateral change of Taiwan’s representative office name on its website. The alteration from “Liaison” to “Commercial Office” is part of …
Taiwan Protests Name Change of Representative Office in South Africa Read More
South Africa aims to host a Formula One Grand Prix for the first time since 1993, with Cape Town’s street circuit and Kyalami track in contention. A decision will be …
South Africa’s Bid to Host Formula One: Key Insights and Developments Read More
This article explores the importance of authentic diversity, equity, and inclusion (DEI) in business operations, emphasizing that genuine efforts are essential for effective customer engagement and internal culture. It highlights …
Embracing Diversity, Equity, and Inclusion: A Business Imperative Read More
European Commission President Ursula von der Leyen announced a €4.7 billion investment for South Africa during an EU summit focused on strengthening cooperation. The initiative aims to support the country’s …
EU Strengthens Partnership with South Africa Through €4.7 Billion Investment Read More
South Sudan authorities have arrested at least 22 political and military figures amidst violent clashes in Upper Nile. Human Rights Watch has expressed concerns over detentions without due process. Key …
South Sudan: Arrests of Political Figures Amid Growing Tensions Read More
A 2,492-carat diamond, the second-largest ever found, was unearthed in Botswana. Discovered in a mine known for producing large gemstones, this diamond could revitalize the struggling diamond industry. Experts are …
Discovery of Second-Largest Diamond Ever Found in Botswana Read More
This article discusses the recent detentions of at least 22 opposition leaders in South Sudan amid escalating violence and political unrest. Human Rights Watch urges the government to ensure transparency …
Political Crisis Deepens in South Sudan Amidst Arrests of Opposition Leaders Read More