Africa

Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff

After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide.


South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024

South Africa's return-to-office efforts get a middle finger from employees. Office-based policies are now increasing...

State, Provinces & Regions To Materialize Pledges For Global Warming Advocacy

The worldwide pledge to conquer climate change is being materialized...

More Than 30 Regions Can Now Avail Apple's Music Student Membership

Apple Music student membership is now available to some additional areas in the world...


Latest News

Local vendors, not supermarkets, key to Africa food security
Traditional markets sell more than 85 percent of the food consumed in sub-Saharan Africa, and rather than replacing them with Western-style supermarkets, governments should train local vendors to impr
Madagascar needs reforms to hit 5 percent growth - IMF
Madagascar will not achieve the 5 percent growth the International Monetary Fund has projected for it this year unless it introduces reforms to boost tax revenue and improve the business climate, an I
Most governments conceal data despite G20 pledges, study says
Myanmar, Haiti and Mali were ranked the least open and transparent countries in a global index of government data released on Tuesday, which found that most governments do not make official data openl
Aspen, Cipla win share of $860 million South Africa AIDS drug tender
South Africa will spend 10 billion rand ($860 million) between 2015 and 2017 on life-prolonging HIV/AIDS treatment drugs, health authorities said on Wednesday, as studies show the prevalence of the vi
Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr
Kellogg Co K.N., the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr (BISM.CA) on Wednesday, topping a rival offer from the UAE's Abraaj in an inte
Amplats gets $385 million offer for Bokoni mine stake
Anglo American Platinum has received a 4.5 billion rand ($385 million) offer for its 49 percent stake in the Bokoni mine in northeast South Africa, a source said on Wednesday, pushing its shares highe
Kellogg raises stakes in bidding war over Egypt's Bisco Misr
Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr, intensifying a bidding war with the UAE's Abraaj Investment Management that has pushed up the offer price by more th
GlaxoSmithKline fires executive who raised race complaint in South Africa: Bloomberg
Britain's biggest drugmaker, GlaxoSmithKline Plc, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial
U.S. buyout firm Carlyle enters South Africa with tyre deal
Carlyle Group (CG.O) has agreed to buy South African tyre retailer Tiger Automotive from Ethos Private Equity, Ethos said on Wednesday, the U.S. buyout firm's first deal in Africa's most developed eco
Egypt expects new African trade bloc in December: minister
Three African economic blocs will merge into a new 27-nation free-trade zone under an agreement to be signed in Cairo next month, uniting markets worth 58 percent of the continent's economic activity,
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