Tag: billion

Good news for Capitec customers, and R80 billion down the drain in South Africa – BusinessTech

South Africa’s rand weakened in early trading on Friday due to a…

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Eskom launches staff discipline over R21 billion diesel contract breaches

Forensic report cites non-adherence in procurement and contract management. Board chair vows…

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Major South African bank exiting UK business after R17 billion blow – BusinessTech

FirstRand has hired Bank of America and its own investment-banking arm, RMB,…

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South African billionaire acquires business worth R20 billion to create the largest company of its kind – BusinessTech

Billionaire Patrice Motsepe’s African Rainbow Energy (ARE) has acquired a controlling stake…

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South African giant sells stake in German company for R6.5 billion – BusinessTech

Naspers, via its international subsidiary Prosus, has sold a stake in Delivery…

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South African giant worth R80 billion buying Australian company – BusinessTech

South African gold miner Pan African Resources is in the process of…

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Big plans for South African bank being bought for R1.1 billion – BusinessTech

Lesaka Technologies plans to expand its product services into banking with the…

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R200 billion in South African pension funds wiped out – BusinessTech

The war in Iran revealed that South African pension funds are over-exposed…

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United Arab Emirates company has a R2.8 billion plan to operate trains in South Africa – BusinessTech

African Rail Co., a closely held rail-logistics company, plans to raise $170…

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