Foreign ministers of the BRICS nations expressed concerns about cyber snooping reports on individuals, businesses and country leaders.
Africa
Blackstar says it will fight Shoprite Holdings trade reversal
The Blackstar Group said it would be fighting the court proceedings initiated by Shoprite Holdings to reverse its stock trades in Zambia.
Violence escalates in Mali as soldiers and rebels exchange fire
Government soldiers in Mali and separatist rebels exchanged gunfire in the northern town of Kidal on Sunday, escalating violence in the African nation.
Solarcentury forms South African alternative energy venture with local partner
British solar solutions provider Solarcentury announced that it had formed a new venture in solar energy with South African local partner Momentous Energy.
PepsiCo has new AMEA CEO Sanjeev Chadha
Consumer goods conglomerate PepsiCo appoints new AMEA CEO in Sanjeev Chadha. PepsiCo Inc, the US based softdrink giant had announced its appointment of its new CEO for Asia, Middle East and Africa, Sanjeev Chadha to be made effective immediately.
Latest News
African Minerals Ltd would be selling its 17% stake in a Sierra Leone mine to Tianjin Materials & Equipment Group Corp.
One Thousand & One Voices formed its private equity team to run its office in Johannesburg. Private equity fund One Thousand & One Voices announced the hiring of three former executives of Standard Bank Group Ltd to run its office in Johannesburg.
Capitec Bank Holdings Ltd. announced in a regulatory filing that Gerrie Fourie would be Riaan Stassen's successor for the chief executive post after the latter's retirement by the end of this year.
Subject to board approval, all preparations are being done for the IPO of the Moroccan unit of the Abu Dhabi Energy Corp.
Several top private equity firms had expressed in a convention that Africa would be seeing an influx of investments in the near future.
The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.
According to its recent stock filing, NDB Capital Holdings Plc is planning a new private equity venture with US-based firm Zephyr Management LP.
South African billionaire John Rupert bought Mystery for ZAR 40 million. A billionaire bought a bull for ZAR 40 million or USD 4. 1 million. John Rupert, the richest person in South Africa, led a group that purchased Mystery, a Cape Buffalo bull.
Denison is countering the Mega Uranium bid for Rockgate Capital with a bid of its own. The Canadian expert on uranium mining, Denison Mines Corp, whose operations span Canada, Mongolia, the United States and Zambia, is planning to submit an alternative bid for Rockgate Capital Corp.
