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Employers offering better benefits to help struggling employees

Employers are offering better benefits in addition to better salary increases to help struggling employees who face high prices combined with debt and high interest rates. Despite average salary increases starting to align with inflation for the
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25 Apr 2024

PZ to exit Africa citing sales plunge in Nigeria

By Yinka Kolawole, with agency report PZ Cussons Plc, yesterday,said it has commenced a strategic review of its business in Africa, with a consideration of exiting the continent, partly driven by economic challenges in Nigeria such as naira
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25 Apr 2024

Recapitalisation will empower banks to lend more to economy CIBN

By Babajide Komolafe Chartered Institute ofBankers of Nigeria, CIBN, has expressed support for the ongoing banking recapitalization exercise saying it will empower banks to lend more to the economy. CIBN President, Dr. Ken Opara stat
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25 Apr 2024

Zeder declares special dividend despite economic uncertainty

JSE-listed Zeder Investments expects economic uncertainty and volatility to persist in South Africa although it has declared a special dividend.The company yesterday appointed PSG and Rabobank to act as joint advisers on potential disposals
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25 Apr 2024

BHP makes $39 billion bid for Anglo American in mining shake-up

BHP Group said on Thursday it had made a $38.8 billion bid for Anglo American,proposing a deal that would create the worlds biggest copper miner and sending its smaller rivals shares sharply higher. BHP said it will offer Anglos sharehol
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25 Apr 2024

BHP makes offer to acquire Anglo American in mega transaction

BHP has made an offer to acquire its bigger resource rival, Anglo American in a mega transaction that if successful will shake up the global mining industry.Anglo American confirmed on Thursday that it had received an unsolicited, non-bindi
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25 Apr 2024

BHP makes takeover bid for Anglo American

The worlds largest mining company, BHP Group, has made a takeover approach for rival Anglo American, a move that could spark the biggest shakeup in the industry in over a decade. Anglo American said late on Wednesday that it had received an u
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25 Apr 2024

Mining giant BHP launches bid to takeover rival Anglo American

British mining heavyweight Anglo American confirmed on Thursday it was 'reviewing' a takeover bid from its larger Australian rival BHP, in potentially one of the sector's biggest deals in years.Anglo American did not disclose the price of t
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25 Apr 2024

Sanlam and SANParks team up to fund SMMEs

Financial services group, Sanlam, has joined forces with SANParks to launch their Kruger National Park-focused R10 million (487855) SMME funding and support programme, implemented by the I Am An Entrepreneur programme an apex platform focused on s
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24 Apr 2024

Kumba affected by delays at Saldanha as quarterly output slumps 2%

Kumba Iron Ore yesterday said its sales volumes during the quarter to the end of March were impacted by challenging operating conditions at the Saldanha Bay Port, with production for the period dipping by 2% to 9.3million tons, despite providing s
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24 Apr 2024