SOUTH AFRICA: We Are Open For Business And To Other Africans

South African Cabinet Spokesperson Ms Phumla Williams, has said South Africa is open for business and would increase its efforts to skyrocket trade with African countries. She said this in an interview, disclosing that the recent attacks on foreign nationals in the country have been a great concern for the government while describing South Africa… Continue reading SOUTH AFRICA: We Are Open For Business And To Other Africans

SOUTH AFRICA: DSTV To Discontinue Three Channels

The cable television services provider owned by MultiChoice is set to cut three of its channels; History, Crime + Investigation and Lifetime from its networks from November 1st 2019. The cut is following the expiration of the contract terms for these three channels, that are produced by the American broadcasting company, A and E Television… Continue reading SOUTH AFRICA: DSTV To Discontinue Three Channels

SOUTH AFRICA: Old Mutual’s Sacked CEO Sues Former Employer

The sacked CEO of one of the prominent insurance companies in South Africa; Old Mutual, Mr Peter Moyo who was sacked over alleged conflict of interest, has revealed through his lawyer his intentions to file a lawsuit against his former employer. The statement was made known by his lawyer, Eric Mabuza’s hours after Old Mutual… Continue reading SOUTH AFRICA: Old Mutual’s Sacked CEO Sues Former Employer

SOUTH AFRICA: SAA CEO; Vuyani Jarana Resigns

South African Airline CEO ; Mr Vuyani Jarana. Photo Credit: The Citizen

South Africa has once again taken another hit, as the current Chief Executive Officer of the South African Airways (SAA), Mr Vuyani Jarana, has tended his resignation letter barely two years after assuming office. This move marks the second major resignations among the state-owned companies after the Eskom CEO, Mr Phakamani Hadebe who exited saying… Continue reading SOUTH AFRICA: SAA CEO; Vuyani Jarana Resigns

SOUTH AFRICA: Power Outage Shakes Investors’ Confidence

South Africa has been without electricity supply in some parts of the country for almost 2 weeks. According to an official statement by the Electric Supply Commission (ESCOM), also Known as Eskom, “load shedding, or load reduction, is done countrywide as a controlled option to respond to unplanned events to protect the electric power system… Continue reading SOUTH AFRICA: Power Outage Shakes Investors’ Confidence