Business
The Southern African Times Business
African Development Bank Grants $1 Billion Loan to Transnet for Recovery Plan
The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to...
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Localising Water Treatment in Africa: Insights from Lovemore Kamupini on SAT Interviews
In a recent dialogue with Farai Ian Muvuti on SAT Interviews, Mr. Lovemore Kamupini, the distinguished...
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Tanzania Aims for $10 Billion Investment Influx Amid Growth in Diverse Sectors
The Tanzania Investment Center (TIC) has announced ambitious plans to attract nearly $10 billion in investment...
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Surge in Shipping Costs Sparks Concern Among US Importers
The cost of shipping a standard 40-foot container from Shanghai to New York has surged to...
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Shell Seeks Approval for Offshore Drilling in South Africa’s Orange Basin
British oil giant Shell is seeking permission from the South African government to drill up to...
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Marula Mining Acquires Majority Stake in South African Cobalt Mine
Marula Mining (MARU.AQ), an Africa-focused mining enterprise, announced on Wednesday its acquisition of a 51% stake...
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MultiChoice Group Reconsiders Business Strategy Amid Revenue Decline
MultiChoice Group, a leading entertainment firm in South Africa, is reassessing its business strategy for African...
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PPC Reports 20.6% Revenue Increase Driven by Strong Performance in Zimbabwe
Cement company PPC has reported a 20.6% year-on-year increase in revenue, amounting to approximately $550 million...
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Tanzania’s Meat Exports Surge, Bolstered by Government Reforms
Tanzania has witnessed a dramatic rise in meat exports, soaring from 1,774.3 tonnes in 2022 to...
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Uganda and UAE Ink Deal to Construct Third International Airport
Uganda has finalised an agreement with a business consortium from the United Arab Emirates to construct...
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