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United States

Joe Bavier

Congo poll leaves uncertainty for miners at heart of EV revolution

Jan 13 2019

JOHANNESBURG The surprise outcome of Congo's election - a vote meant to bring closure to years of turmoil under President Joseph Kabila - has done little to ease uncertainty for miners and investors in a country crucial to the electric vehicle revolution.

Exclusive: South African state asset manager buys up struggling arms firm's bonds

Dec 20 2018

JOHANNESBURG South Africa's state asset manager has quietly bought up almost 90 percent of cash-strapped arms manufacturer Denel's bonds in the past 12 months, data from the country's main securities depositary showed.

In an African first, a cannabis expo...without cannabis

Dec 17 2018

PRETORIA Andre Kruger's stand at Africa's first ever cannabis exposition displayed an indoor growing tent, complete with state-of-the-art lighting imported from the United States and fittings for a high-tech hydroponic irrigation system. | Video

Message service Clickatell considers IPO to fund expansion: CEO

Dec 04 2018

JOHANNESBURG Clickatell, which helps companies communicate with customers via mobile messaging platforms, is considering a public offering next year as it seeks to fund a rapid expansion of its services, founder and CEO Pieter de Villiers said on Tuesday.

South African arms company needs partners soon to survive, official says

Nov 29 2018

PRETORIA South Africa's defence industry is facing a crisis as the state-owned arms maker Denel struggles to survive, and rapidly agreeing equity partnerships is the only way to save it, one of the country's top defence officials told Reuters.

South African arms company needs partners soon to survive, official says

Nov 29 2018

PRETORIA, Nov 29 South Africa's defence industry is facing a crisis as the state-owned arms maker Denel struggles to survive, and rapidly agreeing equity partnerships is the only way to save it, one of the country's top defence officials told Reuters.

Africa missing out on boom in Chinese tourism

Nov 23 2018

STELLENBOSCH, South Africa African countries are missing out on a boom in Asian tourism, mainly from China, and must ease visa and entry requirements to tap into a historic shift generating billions of dollars in revenue, government officials and industry leaders said.

Khashoggi killing complicates Saudi rescue bid for South African arms firm

Nov 20 2018

JOHANNESBURG Loss-making South African arms maker Denel has a problem as it fights to survive. Its potential savior is Saudi Arabia, now drawing fierce criticism following the killing of journalist Jamal Khashoggi.

Tractor maker Deere aims to ride green revolution in Africa

Nov 16 2018

JOHANNESBURG U.S. Deere & Co expects to see demand for its farm equipment in Africa grow 8 to 10 percent annually in the coming years, driven by expansion in key markets like Ethiopia and Zimbabwe, a local company executive said.

Morocco's Attijariwafa bank to eye new Africa acquisitions from late 2019

Nov 08 2018

JOHANNESBURG, Nov 8 Morocco's Attijariwafa Bank plans to launch a new acquisition push in Africa late next year, starting with Rwanda, Kenya and Ethiopia, a bank executive said on Thursday.

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