JOHANNESBURG Armed with low-cost operating models, three South African digital banks are betting on aggressive pricing and data analytics to attract tech-savvy, price-conscious consumers when they launch next year in a rare challenge to the old guard.
CAPE TOWN A South African advocacy group that lobbies for the rights of white farmers will on Thursday challenge in court President Cyril Ramaphosa's plan to change the constitution to allow land expropriation without compensation.
CAPE TOWN BP Southern Africa (BPSA) will invest $1 billion in South Africa in the next five years with more than a quarter of that set aside to upgrade the SAPREF refinery to produce lower sulfur diesel, its chief executive said on Thursday.
CAPE TOWN, Nov 15 Sky and Space Global (SAS
Global) is on track to launch 200 shoebox-sized
nanosatellites by the end of 2020, betting that its low-cost
model will prove a hit with telecoms customers in Africa.
* Buys music streaming business Simfy
(Adds MTN partnership with Chinese firms on new affordable 3G
CAPE TOWN, Nov 5 Nigeria's state oil firm NNPC
could sign crude-for-product deals with Shell and
ExxonMobil, similar to one signed with BP last
week, a senior NNPC official said on Monday.
CAPE TOWN, Nov 5 Equatorial Guinea's energy
industry has secured $2.4 billion of new investment from U.S.
firms with 11 wells expected to be drilled from next year, an
oil ministry source with direct knowledge told Reuters on
CAPE TOWN South African researchers say they have made bricks using human urine in a natural process involving colonies of bacteria, which could one day help reduce global warming emissions by finding a productive use for the ultimate waste product. | Video
CAPE TOWN South Africa predicted wider budget deficits and cut growth forecasts in a bleak budget on Wednesday that focused spending on infrastructure, manufacturing and agriculture to boost the recession-bound economy.
CAPE TOWN South Africa is likely to adopt new plans for the country's car industry in December which aim to increase the local content of assembled cars to 60 percent by 2035 from around 38 percent now, a cabinet minister said on Thursday.