Neotel takeover could boost Vodacom's business revenue by 50%
Vodacom Group Ltd.’s proposed takeover of Tata Communications Ltd.’s South African unit will boost its revenue from business customers by about 50 percent, according to a person involved in the talks.
The acquisition of Neotel Pty Ltd. will accelerate a push for Vodacom
Allan Gray is ranked second richest African
The latest African rich list sees the first ever appearance in a list of super wealthy individuals by Allan Gray, the founder of South Africa’s largest privately owned asset manager of the same name.
Publicity-shy Gray makes it to the number two slot with an
Big Belgian mission to strengthen trade ties
A high-level and very large Belgian economic mission of 333 participants, including 252 business leaders, arrives in South Africa today hoping to boost trade, investment and other ties.
South Africa’s recent unilateral termination of its long-standing bilateral investment treaties
Hotel chains target Africa
Leading international hotel chains are expanding their presence in Africa due to the region's high economic growth rates and strong demographic trends.
With more than half of the continent set to produce an average GDP expansion of 5% annually, fuelled in part by rising exports of
