Business

THREE MAJOR NEW LABOUR LAWS THAT EVERY SOUTH AFRICAN NEEDS TO KNOW ABOUT

Parliament’s Select Committee on Economic and Business Development recently passed a series of Labour Bills. According to law firm Cliffe Dekker Hofmeyr (CDH), the bills deal with a broad range

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‘BOS’ SOUTH AFRICA’S TOP ICED TEA COMPANY IS A MARKETING PHENOMENON

It’s an unusual scene: A wave of cyclists wearing giraffe costumes flood down a busy street, handing out drink cans to surprised members of the public. While unconventional, marketing events

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ALIKO DANGOTE’S HUGE NIGERIAN OIL REFINERY LIKELY DELAYED UNTIL 2022:SOURCES

LONDON (Reuters) – A huge oil refinery being built in Nigeria by Africa’s richest man is unlikely to start production until 2022, two years later than the target date, sources

AB INBEV INCREASES STAKE IN AFRICA’S $13 BILLION BEER MARKET WITH EXPANSION TO MOZAMBIQUE

Anheuser-Busch InBev (AB InBev), the world’s largest beverage and brewing company, recently disclosed its plans to build a large capacity brewery in Mozambique in the second half of 2019. The

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YOUNG AFRICAN ENTREPRENEURS RECEIVE BOOST WITH JACK MA’S $10 MILLION ‘NETPRENEUR PRIZE’.

Jack Ma, Founder of Alibaba Group, one of the world’s largest e-commerce businesses, concluded his unprecedented visit to Africa and announced the $10 million ‘Netpreneur prize’ for African entrepreneurs during

MULTICHOICE NIGERIA NEEDS NO HELP IN STIRRING UP A CONTROVERSY

Multichoice Nigeria, owners of Digital Satellite television (DSTV), have announced that there will be an increment in the prices of DSTV bouquet monthly subscription with effect from August 1, 2018.

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MTN CEO WARNS ABOUT GETTING TOO EXCITED OVER 5G IN SOUTH AFRICA

MTN group president and CEO, Rob Shuter, has warned over getting carried away with the imminent arrival of 5G networks – the next generation of mobile internet connectivity, which will

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SOUTH AFRICA BUSINESS CONFIDENCE RISES FIRST TIME IN SIX MONTHS

South African business confidence rose for the first time in six months in July, boosted by exports. The index increased to 94.7 from 93.7 in June, the South African Chamber

APPLE JUST BECAME AMERICA’S FIRST TRILLION-DOLLAR COMPANY

After a record financial quarter—and expectations of new iPhones in the fall—investors briefly pushed Apple’s market capitalization over $1 trillion today (Aug. 2). To visualize how many zeroes that is,

NIGERIA HAS TAKEN ITS FIRST STEPS IN ADOPTING CHINA’S YUAN AS A RESERVE CURRENCY

Nigeria has become the latest African country to step up its bid to adopt Chinese yuan as a reserve currency. Two months after agreeing a three-year $2.5 billion currency swap