Business

Wed,20Jun2018

Business

Shoprite Holdings ramps up Africa expansion with Kenya entry

A security guard patrols outside Westgate Shopping Malln the capital Nairobi, Kenya, July 18, 2015. Photo: Ben Curtis/AP/SIPASouth African Shoprite Holdings will move into Kenya, where weakened competitor positions have opened an opportunity for Africa's biggest grocer to expand its presence in East Africa, its chief executive Pieter Engelbrecht said on Tuesday.

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Turkish Cargo carried 3 thousand tons of cut roses to Holland with its wide body cargo aircrafts.

Turkish CargoTurkish Cargo carried 3 thousand tons of cut roses to Holland with its wide body cargo aircrafts.

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Sibanye says clears most illegal miners from gold shafts

Sibanye-Stillwater's Beatrix mine near Welkom, South Africa. Photo: AP/SIPAPrecious metals producer Sibanye-Stillwater arrested nearly 1,400 illegal miners at its South African gold shafts last year in a blitz the company says has mostly ended the practice at its mines.

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Eskom says coal supplier Optimum mine starts business rescue proceedings

Monday, Nov. 21, 2011, the cooling towers at Eskom's coal-powered Lethabo power station are seen near Sasolburg, South Africa.Photo: Denis Farrell/AP/SIPASouth African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the utility's power stations, had started business rescue proceedings.

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Drought-hit Cape Town cuts water useage as 'Day Zero' looms

In this Friday, Feb. 2, 2018 photo a woman throws away used water in an informal settlement near Cape Town. Photo: Bram Janssen/AP/SIPAA tough water-saving regime and the generosity of farmers have given South Africa's main tourist hub welcome respite from a severe drought and helped push back a dreaded "Day Zero" when Cape Town's taps are expected to run dry.

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Electric car-charging stations make their way to Egypt

Security guards run alongside the electric car of Egypt's ex-President Hosni Mubarak at the G8 summit in L'Aquila, Italy on July 9, 2009. Photo: Markus Schreiber/AP/SIPAAn Egyptian company has introduced 65 electric car-charging stations across the Arab world's most populous country, giving commuters a chance to opt for clean energy.

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Africa's top 500 companies: Oil firms look to a brighter future

Ulrich Lebeuf/M.Y.O.P.Figures from 2016 show the effects of investor stagnation and servicing expensive debts, but the future looks brighter

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