On Monday, renowned Swedish home-appliance maker Electrolux AB announced that it had nodded to buy Chilean appliance company CTI as well as a subsidiary.

On Friday, Pan African Resources (PAN) has showed its interest in listings it’s Manica Gold Project in Mozambique as a separate entity, with the hope of unlocking the value of shareholders.

Africa's biggest shipping company, Grindrod held responsible weak shipment rates and unfavorable swings in currencies as the reason for their 42% decline in the profit of per share, 19% decline in ove

Counsel for ArcelorMittal has notified the North Gauteng High Court yesterday, that the idea suggesting two or more mining licenses for the same minerals and on the same land was “absurd".

It seems that the ongoing financial crisis has trashed hopes of South Africa’s Finance Minister Pravin Gordhan, who has come all out to warn against the bleak growth prospects.

It has been revealed that the Imatu (Independent Municipal and Allied Trade Union) is going to be a part of the prevailing municipal strike.