Browsing Tag
South Africa
63 posts
9 killed in South African tavern massacre as gunmen open fire with AK-47s—nationwide manhunt underway
Nine people were killed and ten injured in a mass shooting at a South African tavern. Find out what police, lawmakers, and communities are doing next.
Petra Diamonds stock plunges nearly 6% after FY25 results reveal sharp revenue and earnings hit
Petra Diamonds shares drop 6% as FY25 revenue falls 33% and net loss widens. Find out how the company’s refinancing plan and mine strategy are unfolding.
Tronox just raised $400m at 9.125%—but is it refinancing smart or a warning sign?
Tronox raises $400M via 9.125% notes to refinance debt. Explore what this means for its balance sheet, stock, and the titanium dioxide industry.
Can Owlet’s Dream Sock disrupt pediatric healthtech in Africa? First launch in South Africa begins
Owlet has launched its medically certified Dream Sock baby monitor in South Africa. Find out how this move expands access to hospital-grade pediatric care.
Can Snowflake’s local AWS deployment unlock South Africa’s AI and cloud potential?
Snowflake expands its AI Data Cloud to South Africa via AWS Cape Town, aligning with POPIA compliance and local AI innovation. Discover how firms are scaling securely.
Sasol FY25 results: Can the South African energy and chemicals major deliver its debt-cutting and decarbonisation ambitions?
Sasol posts FY25 results with 75% higher free cash flow and debt reduced to US$3.7B. Find out how the energy and chemicals major is delivering its transition strategy.
Momentum Group expects earnings surge in FY2025 as life, insurance and investment units deliver broad-based growth
Momentum Group expects FY2025 earnings to jump over 50%, with strong growth across life, insurance, and investment units. Full results due 17 September.
Why is Nedbank acquiring iKhokha and what does it mean for South Africa’s SME sector?
Nedbank has agreed to acquire fintech innovator iKhokha for about R1.65 billion, aiming to strengthen its digital banking services for SMEs.
GameChange Solar secures top three global ranking and second place in U.S. solar tracker market as 2024 shipments hit 13.7 GWdc
GameChange Solar ranks third globally and second in the U.S. in 2024 solar tracker shipments, driven by manufacturing scale, global reach, and market adaptability.
Is QatarEnergy building a pan-African upstream portfolio? A region-by-region breakdown of its oil and gas interests
From Algeria to Namibia, QatarEnergy is rapidly expanding its upstream footprint in Africa. Find out where and why in this region-by-region deep dive.