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Randgold increases production to new high of 1.25 million ounces
Randgold Resources is strongly positioned to sustain profitable production,...
Sanlam Group executive committee members step down
The Chief Executive Officer (CEO) of Sanlam Personal Finance...
Truecaller, Google unite to improve video calling (View Image)
Truecaller today, 28 March 2017, announced a strategic agreement...
Thinking about investing? Ask yourself these top questions
When selecting making investment choices, it can be challenging...
High demand for South African fruit drives reefer market (View Infographic)
The reefer trade (refrigerated cargo solutions) sector contributes positively...
Kenyans abroad are the biggest users of mobile transactions
To mark the 10th anniversary of ground-breaking mobile money...
Shifting global dynamics still support the rand
After a record 63 days without a 1% decline,...
Why you should be uncomfortable as a manager
I built an oscilloscope the other day. I don’t...
BUSA concerned over SA Finance team investment roadshow recall
Business Unity South Africa (BUSA) has expressed grave concern...
Old Mutual to sell 24.95% shareholding in OM Asset Management
Old Mutual Group today, 27 March 2017, announced that...
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BizNis Africa is an independent online trade and investment news website

BizNis Africa focuses on Africa’s 3 major business economic sectors – ICT (Information and Communications Technology), Mining and Energy.
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Truecaller today, 28 March 2017, announced a strategic agreement to integrate Google Duo, a...

To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit (www.WorldRemit.com) has...

The global oil and gas industry is undergoing a period of unprecedented change and...

A new-look SAP Skills for Africa kicks off today, 21 March 2017, with the...

  • Randgold Resources is strongly positioned to sustain profitable production, and continue delivering value to all stakeholders, well into the future, says Mark Bristow, the company’s Chief Executive Officer during the 2016 annual report published today, 28 March 2017. Bristow notes that after a slow start to the year, Randgold increased production to a new high […]

  • The Chief Executive Officer (CEO) of Sanlam Personal Finance (SPF), Hubert Brody, will step down on 31 May 2017 to attend more closely to his other interests. Jurie Strydom, currently the joint Deputy CEO of SPF, has been appointed the CEO of SPF and will take over on 01 June 2017. With effect from 01 […]

  • Truecaller today, 28 March 2017, announced a strategic agreement to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value of Truecaller’s wildly popular dialer, caller ID, and spam blocking app already used by more than 250 million users globally. Along […]

  • When selecting making investment choices, it can be challenging to figure out just where to start. The investment universe can be complex at the best of times. But once you understand why you’re investing and what you’d like to achieve, the process becomes far simpler. To help you sort through the clutter we have outlined […]

  • The reefer trade (refrigerated cargo solutions) sector contributes positively to the South African economy by creating employment and stimulating economic growth. This is according to Matthew Conroy, Trade Manager of Maersk Line Southern Africa, a member of Maersk Group, who says that even though 2016 saw the South African reefer market contract by about 3%, […]

  • To mark the 10th anniversary of ground-breaking mobile money service M-PESA, WorldRemit (www.WorldRemit.com) has released new data showing that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts. Transfers to mobile money accounts make up 93% of WorldRemit transactions to Kenya now – showing that Kenyans continue to be early adopters […]

  • After a record 63 days without a 1% decline, the benchmark US S&P500 equity index finally hit a wobble last week. After such a long winning stretch, a correction was inevitable. The catalyst appears to have been doubts over President Trump’s ability to deliver on his stated aims of cutting taxes and upgrading infrastructure, following […]

  • I built an oscilloscope the other day. I don’t need one and I’m not sure what I’m going to do with it, but the point is that I built it and, in doing so, I learnt a few things, like how to solve the technical problem of flicker when refreshing a screen, and how to […]

  • Business Unity South Africa (BUSA) has expressed grave concern about the decision to recall the South African Minister of Finance, Pravin Gordhan, and his deputy, Mcebisi Jonas from an investment roadshow currently underway in the UK and scheduled to continue in the US. The Presidency announced this morning that it had instructed the Finance team […]

  • Old Mutual Group today, 27 March 2017, announced that it has agreed to sell a 24.95% shareholding in OM Asset Management (OMAM) to HNA Capital US in a two-step transaction for gross cash consideration of approximately $446 million. Following the transaction, Old Mutual’s shareholding will reduce from 50.8% to 25.9%. The transaction comprises a sale […]

Energy News ››

Business News ››

  • Old Mutual to sell 24.95% shareholding in OM Asset Management

    Old Mutual Group today, 27 March 2017, announced that it has agreed to sell a 24.95% shareholding in OM Asset Management (OMAM) to HNA Capital US in a two-step transaction for gross cash consideration of approximately $446 million. Following the transaction, Old Mutual’s shareholding will reduce from 50.8% to 25.9%. The transaction comprises a sale

    Old Mutual to sell 24.95% shareholding in OM Asset Management
  • United Bank for Africa grows profit before tax by 32%

    United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an

    United Bank for Africa grows profit before tax by 32%
  • Oramah- increased infrastructure key to Africa’s Industrial competitiveness

    Africa should focus on developing labour-intensive industries and providing effective logistics and transport infrastructure from factories to ports in order to become a globally competitive industrial player, declared Dr Benedict Oramah, President of the African Export-Import Bank (Afreximbank) during the recent Africa CEO Forum. Speaking during a panel discussion on “Will economic nationalism put Africa

    Oramah- increased infrastructure key to Africa’s Industrial competitiveness

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Marine Economy ››

  • The reefer trade (refrigerated cargo solutions) sector contributes positively to the South African economy by creating employment and stimulating economic growth. This is according to Matthew Conroy, Trade Manager of Maersk Line Southern Africa, a member of Maersk Group,...

  • Denel has applied to the High Court of South Africa in Gauteng for an order declaring that it obtained approval to form a joint venture with VR Laser Asia, which resulted in the establishment of Denel Asia. In spite...

  • The choice of Kenya as the host country of the International Maritime Organization (IMO) new regional Maritime Technology Cooperative Centre (MTCC) for the African region is a welcome development certain to further strengthen and enhance ongoing collaboration, knowledge sharing...

  • As Denel gets ready to revive the Naval Dockyard facilities in Simonstown, the company is collaborating with thyssenkrupp Marine Systems (tkMS) for joint support of the SA Navy frigates and submarines. Denel, which is a global supplier of world-class...

  • Aiteo, an integrated energy group, has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29. Aiteo acquired OML 29 in September, 2015 when oil major Shell...

  • A few months ago, South Africa’s oceans were the scene of what can only be described as two high action pursuits by South African authorities of suspicious Chinese vessels fishing illegally in South African waters. In one incident the...

  • Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block...

  • Leading oil and gas industry executives and experts from across the East Mediterranean will gather in Beirut this May, to gain invaluable insight to the newly presented opportunities in Lebanon’s energy sector, the challenges and the road ahead for...

  • SacOil, South African based independent African oil and gas company, has acquired 100% of Phembani Oil Proprietary Limited from Gentacure Proprietary Limited and its holding company, Moopong Investments Holdings Proprietary Limited. Phembani Oil’s only asset is a 71% direct...

  • Total Gabon has signed an agreement to sell its interests in five mature fields and the Rabi-Coucal-Cap Lopez pipeline network to Perenco. The sale agreement also comprises the transfer of operatorship to Perenco of certain other fields. Valued at $177m...

Profiles ››

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