Tongaat Hulett faces R517 million sugar obligation as rescue process enters another critical phase
South Africa’s Constitutional Court has closed Tongaat Hulett’s final avenue of appeal in a dispute over ...
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Tag: corporate restructuring
Aspen Pharmacare to Divest Asia-Pacific Operations in $1.6 Billion Deal with BGH Capital
Aspen Pharmacare Holdings Limited, South Africa’s largest pharmaceutical company, has announced an agreement to sell its ...
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Econet Wireless Zimbabwe Moves to Delist as It Prepares a Strategic Infrastructure Spin-Off
Econet Wireless Zimbabwe Ltd, the telecommunications group controlled by Zimbabwean entrepreneur Strive Masiyiwa, has announced plans ...
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Nampak Zimbabwe Moves Closer to Majority Stake Sale to TSL Limited
Nampak Zimbabwe Limited has issued a further cautionary announcement regarding the planned divestment of a controlling ...
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PwC Fined in China and UK Following Strategic Withdrawal from Nine African Countries
The professional services giant has been fined approximately $62 million by Chinese regulators and handed a ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.