Canal+ offers $2.9bn for Multichoice, targets African expansion
In a strategic move to expand its presence in Africa, Vivendi SE’s Canal+ has made an all-cash offer of $2.9 billion for MultiChoice.
In a strategic move to expand its presence in Africa, Vivendi SE’s Canal+ has made an all-cash offer of $2.9 billion for MultiChoice.
The Motsepe Foundation has partnered with Agri SA in an effort to improve the agricultural sector and save failed land reform projects.
Finally, a major entrepreneur has spoken truth to power, articulating what many have long sensed but felt too timid to express, writes Chatov.
‘Harmony Gold is considering going further underground at the world’s deepest mine as SA producers find it harder to dig for dwindling ore reserves’.
Cofesa says Ramaphosa deserves a deputy with the dynamics and intellect of an astute business visionary – to achieve fundamental economic reforms.
Financial markets and the rand could be volatile as the news of a ratings downgrade is absorbed. The decision by Moody’s could not have come at a worse time.
Billionaire Patrice Motsepe’s family and companies in which he has shareholdings pledged to spend R1bn on fighting the Covid-19 pandemic in South Africa.
South Africa’s fading gold industry has a new champion as AngloGold Ashanti has sold its last remaining assets to Harmony Gold Mine.
AngloGold Ashanti has sealed its South African exit by selling the last of its remaining assets to Harmony Gold Mining for R4.4bn.
SAA has been given access to R3.5bn from state-owned Development Bank of Southern Africa to avert the airline’s collapse and has immediately taken R2bn.