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Business

Alibaba smashes sales record for China’s Singles’ Day with $9.3 billion in 12 hours

BEIJING — China's Singles' Day — otherwise known as the world's biggest online shopping event — was bigger and better this year, going by...

South Africa’s banks on sound footing

BUCKING the trend of the country’s subdued economy, South Africa’s banks have again posted solid earnings, as they continue to strengthen their position through...

Soweto Fashion Week Presents SS16 Fall

Johannesburg, SOUTH AFRICA - Soweto Fashion Week (SFW) and its sponsors look forward to yet another exciting spring/summer season showcase. Starting from 19...

Pearl Thusi launches her own hair care range

Pearl Thusi launched her own hair care range in collaboration with Afrobotanics on Thursday aimed at helping women to take care of their natural...

Alibaba Announces a $3.7 billion deal with ‘China’s YouTube’

The deal announced on Friday will give the e-commerce giant access to more than half a billion online video users, accelerating its push into...

Meet the BlackBerry Priv

BlackBerry Priv is the fourth new BlackBerry device released under the leadership of CEO John Chen, and I think it’s the most polished and...

Obama threatens to sanction South Africa for blocking imports of meat from US

WASHINGTON (AP) " President Barack Obama is threatening to impose trade sanctions on South Africa for blocking imports of meat from the United States. Obama...

MeQasa.com Of Ghana Raises $500,000 Investment To Become Zillow Of Africa

MeQasa.com, one of Ghana’s leading online real estate classifieds businesses, has secured a $500,000 investment from Frontier Digital Ventures, a global VC firm headquartered...

Deputy President Cyril Ramaphosa Declares Shares Worth Over R110 million

Deputy President Cyril Ramaphosa declared personal wealth worth well over R110 million, parliament’s 2015 Register of Members’ Interests showed on Thursday. The registry lists Ramaphosa’s...

Facebook just made it easier to talk to people you’re not friends with

Chatting with strangers on Facebook just got a bit easier. The social network is launching a new feature for Messenger called Message Requests, that makes...

Securitas acquires Diebold US e-security business in $350 million deal

The buyout of the North American business is intended to strengthen Securitas' technology backbone. Securitas has agreed to purchase Diebold's US-based Electronic Security business, leading...

Oprah Winfrey makes millions, just one day after buying Weight Watchers shares

Oprah Winfrey announced on Monday morning that she had agreed to purchase a 10% stake in Weight Watchers International and had signed a collaboration...

AB InBev Plans $55 Billion Bond Sale to Fund SABMiller Deal

Anheuser-Busch InBev NV is planning to sell bonds worth as much as $55 billion to finance its $106 billion takeover of SABMiller Plc, setting...

The Future of SABMiller as Carlos Brito Prepares to Takeover

In the future, staff at SABMiller are going to reflect on the pre-AB Inbev years as nice while they lasted. Hard core capitalism is...

Beer giants SABMiller and AB InBev Agree Takeover Terms

The world's two biggest beer producers are set to merge after SABMiller accepted an increased takeover offer from rival Anheuser-Busch InBev. SABMiller said it had...

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