The industry seeks legal counsel over Eskom’s plan to curtail operational wind farms, with the utility citing reduced demand in relation to COVID-19.
Net profit attributable to holders of ordinary shares of the listed company amounted to RMB5.15 billion, a year-on-year growth of 173.7%.
To unlock value for shareholders, the company is looking to unbundle its UK-based unit and list it separately on the London Stock Exchange.
Binance users in SA will be able to deposit rands from any South African bank account and use features like spot, margin, lending and futures trading.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
The ambitious provincial cyber security project has been incurring irregular expenditure unabated over the last four years.
Mobiz will use the investment to fund expansion as it looks to grow its footprint in the US and Europe.
The board has put a strong governance framework in place and set up audit and risk, social and ethics, and remuneration committees.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The latest development puts an end to months of a cat-and-mouse game, which saw Xerox aggressively push for a takeover.
The mobile operator says it is among the largest taxpayers in many of the markets it operates in.
As the world grapples with a looming recession, fintech players are expected to be the big winners, as they see a rise in demand for their services.
There is now a zero-risk, zero-cost way to establish renewable energy in Africa, says Wessel Wessels, head of sales, Alternative Energy at NEC XON.
Of the total $800 million, over $200 million will go towards an investment fund that will provide financial support for small businesses amid the COVID-19 outbreak.