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Democratic Republic of Congo officials rejected an African Union request to suspend the finalisation of election results that are being challenged in court by an opposition candidate.
The Police and Prisons Civil Rights Union has noted with concern the revelations made at the State Capture Inquiry by former Bosasa boss, Angelo Agrizzi.
Aveng has announced the sale of 100% of Aveng Water and the Aveng Namibia Water business to Cambrose 735.
African heads of state are preparing to discuss the Democratic Republic of Congo’s disputed presidential election after questions were raised about the accuracy of the vote’s results.
Government is pushing Eskom, the power utility with R419bn ($31bn) in debt, to present a credible turnaround strategy before the Feb. 20 budget presentation, a person familiar with the situation said.
Two more Alexander Forbes executives have resigned from the South African insurance-services provider, extending a management exodus following the ousting of former Chief Executive Officer Andrew Darfoor in September.
Eskom, South Africa’s struggling power utility, expects to report a loss of more than R15bn in the year to March 31, a record for any state company.
John Gavin Hudson has been appointed as the new Chief Executive Officer and an Executive Director of Tongaat Hulett with effect from 1 February 2019.
Anheuser-Busch InBev NV shares jumped the most since 2015 after people with knowledge of the matter said the world’s largest brewer is considering an initial public offering of its Asian operations.
Cyril Ramaphosa’s eight-person team appointed in December to advise on strategy at struggling state power utility Eskom has lost a second member.