Business
The Southern African Times Business
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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Cluff Africa Secures Strategic Partnership with Zimbabwe’s Mutapa Sovereign Wealth Fund
Cluff Africa Limited has announced the signing of a term sheet agreement with Zimbabwe's Mutapa Investment...
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South Africa’s biggest green-hydrogen project woos Japanese investors
Hive Hydrogen South Africa is seeking to attract some of Japan’s biggest companies to invest in...
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The AI revolution comes for farmers growing a third of our food
In the village of Ndodo, 40 kilometers south of the Malawian capital Lilongwe, farmers gather in...
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