Business

Pan-African cellular operator MTN and fixed-line operator Neotel are to jointly build a R2-billion, 5 000km fibre-optic cable network connecting major centres across South Africa with the Seacom and Eassy undersea cables that will land in KwaZulu-Natal, in a move expected to slash local telecoms costs further.

French power company Alstom has secured a contract worth approximately €125-million (about R1.6-billion) from South African state company Eskom to upgrade the Koeberg nuclear power station outside Cape Town.

Peli Peli, the first South African fusion restaurant concept in the United States, has been selected as a 2013 Diners' Choice Award winner for the Top 100 American Fare Restaurants in the United States.

Attention was the new currency, said Linah Maigurira, one of the speakers at the National Small Business Chamber Summit. For brands to get customers,...

South African agri-processing company Tongaat Hulett is in negotiations to supply state company Eskom with electricity generated at its plants, in answer to the government's call for co-generation projects by industrial players.

Keaton Energy has made an offer to acquire Australian-listed Xceed Resources' coal projects in Moabsvelden, Roodepoort and Bankfontein in South Africa's Mpumalanga province for approximately R183-million in a bid to boost its annual Eskom-quality coal output.

John-Lee Augustyn will return to professional cycling next year with Team MTN- Qhubeka. The South African returns to the sport after spending time off the bike to recover from a hip injury that undermined his promising career.

The legacy of our late former President, Nelson Mandela lives on through the spirit of Ubuntu and robust dialogue around socio-economic issues. The year 2018...

Absa, a subsidiary of Barclays Africa Group, launched its eighth South African entrepreneurship centre last week. The bank is seeking to move beyond merely financing start-ups to helping entrepreneurs gain access to markets and business management skills.

South African bank Absa has launched the world's first Shari'ah compliant banking solution, in the form of an Islamic cheque value bundle offering customers a package of transactions and services for a flat monthly fee with cash-back rewards.