South African economy contracts marginally in third quarter

[ad_1] Electricity lights up the central business district of Cape Town, South Africa, June 18, 2019. REUTERS/Mike Hutchings/File Photo Acquire Licensing Rights Q3 GDP -0.2% Q/Q vs -0.1% forecast Q3…

South Africa’s Aspen expands further into Asia with Sandoz China deal

[ad_1] An Aspen Pharmacare logo is seen at outside company offices in Woodmead, Johannesburg, South Africa, September 13, 2018. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Dec 4 (Reuters) –…

COP28: France, Japan to support African development bank push to leverage SDRs

[ad_1] A person walks past a “#COP28” sign in Abu Dhabi, United Arab Emirates, October 1, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights DUBAI, Dec 4 (Reuters) – France and…

S.Africa’s Quantum Foods swings to loss on bird flu, power cuts

[ad_1] Dec 1 (Reuters) – South African poultry producer Quantum Foods (QFHJ.J) on Friday reported a 35 million rand ($1.86 million) loss in the year to end-September, after the country’s…

Exclusive: France’s Orange withdraws from process to buy stake in Ethio Telecom

[ad_1] NAIROBI, Nov 27 (Reuters) – French telecoms firm Orange (ORAN.PA) told Reuters on Monday that it had decided to withdraw from the process to purchase an up to 45%…

South Africa throws troubled Transnet $2.5 bln lifeline

[ad_1] Container ships are seen outside the harbour as workers at South Africa’s state-owned logistics firm Transnet continue to protest outside the Port of Cape Town on their nationwide strike…

UAE president announces $30 bln fund to bridge climate finance gap

[ad_1] President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan attends the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Amr…

Gabon seeks to preempt $1.3 bln sale of Carlyle’s oil business -sources

[ad_1] LONDON, Nov 29 (Reuters) – Gabon’s national oil firm is seeking to use its right of first refusal to acquire Carlyle’s (CG.O) Assala Energy after the private equity giant…

Ghana reaches deal with insurers on domestic debt exchange

[ad_1] Ghana’s Finance Minister Ken Ofori-Atta speaks during a news conference in Accra, Ghana December 13, 2022. REUTERS/Cooper Inveen Acquire Licensing Rights ACCRA, Jan 26 (Reuters) – Ghana has reached…

South Africa’s Vukile posts 5.2% rise in distributable income

[ad_1] JOHANNESBURG, Nov 29 (Reuters) – South African commercial property group Vukile Property Fund (VKEJ.J) said on Wednesday its half-year distribution per share or funds from operations rose 5.2%. Its…