Steinhoff?s Asian business has secured new funding to refinance some debts and rebranded under the name Greenlit, the company said on Thursday.
Capitec Bank reported a 20 percent rise in half-year profit on Tuesday, helped by strong client growth.
MTN Group has been slapped with a $2 billion tax bill, the latest demand by authorities in the company?s most lucrative and problematic market.
The SA Reserve Bank has told top lenders that they cannot fire KPMG, despite the auditing firm being involved in a scandal involving the Gupta family.
SA's central bank has told top lenders they cannot fire auditor KPMG, because it might undermine financial stability.
Aspen shares drop after report accuses it of trying to force price hikes in Europe
Oakbay Investments will again try to restore its relationships with banks, which ostracised it after allegations of undue political influence by its owners, the ...
Some investors are concerned that crossing the Atlantic may be a step too far for Steinhoff’s Markus Jooste.
Elliott Capital has raised its stake in British chain Poundland to 22. 7%, putting it in a position to be able to block an agreed takeover by Steinhoff.
Britain’s decision to leave the EU caused the pound to slump - and Steinhoff is concerned that its UK businesses will be affected.
Rob Shuter has been brought in to boost profits at MTN after the company’s $1. 7bn fine in Nigeria.
Barclays is selling shares representing 12 percent of Barclays Africa - and SA’s state pension fund will be an anchor investor.
MTN's share price made its biggest daily gain in more than seven years after the mobile phone giant said it had set aside $600 million to settle its dispute with ...
MTN challenges Nigeria’s telecoms regulator over hefty penalty imposed for SIM card saga.
MTN Group will lobby for further reductions to a fine imposed by Nigeria, a source familiar with the matter says.
AB InBev's reputation for slashing costs prompts concern in South Africa - the birthplace of takeover target SABMiller.
SA’s Public Investment Corporation, a shareholder in SABMiller, rejects AB InBev's takeover offer for the brewer.
Mobile phones have been one of the factors behind Africa's recent growth spurt - but that may change in the next five years.
Some South African banks are beginning to ease corporate lending rates - and others could follow.
African stocks may break a 4 year winning run in 2015 as faltering currencies in markets such as Ghana, Nigeria and Zambia add to the pain for foreign investors. ...
SA's biggest builder Wilson Bayly Holmes-Ovcon Ltd reported its fourth annual profit decline in five years.
Johannesburg - Africa's top mobile phone operator, MTN Group, gave a downbeat outlook for Nigeria, its biggest market, on Wednesday after losing high-end users to ...
Eskom has agreed with Alstom to terminate the French firm's C&I contract for the Kusile power station.
Edcon reported a slight rise in core profit on Friday, reflecting sluggish consumer spending.
South Africa has fined Deutsche Bank R10m for not having appropriate anti-money laundering measures.
