Business & Economy
Remgro-led consortium reaches agreement to buy out Mediclinic

[ad_1] A consortium led by Remgro has reached an agreement with JSE-listed personal hospital large Mediclinic International to buy it out in a money provide, which represents round a 50% premium to the group’s volume-weighted common share value for the six months to 25 May 2022. Confirming the deal in

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Business & Economy
Funding for African startups set to reach record highs

[ad_1]  FIFI PETERS: Good information. Funding for African startups is rising actually quick. In truth, quite a bit quicker than in different elements of the world the place funding within the first six months of this yr or so has truly declined. African startups obtained over $3 billion in

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Business & Economy
Sale to MTN the only way out for struggling Telkom

[ad_1] Perhaps ‘struggling’ shouldn’t be the acceptable time period to describe the complete Telkom group’s efficiency between April and June this yr. There’s a single division that’s buying and selling effectively: Openserve, which operates its market-leading fibre community throughout the nation. Households that join to Telkom’s fibre are doing so

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Business & Economy
TymeBank buys Retail Capital, expands business banking offering

[ad_1] FIFI PETERS: TymeBank is planning to broaden its business offering, and it’s planning to do that by buying Retail Capital. This is a fintech firm, a fintech financer of many small to medium enterprises. Read: TymeBank reveals plans to amass SME main funder We do have TymeBank CEO, Coen Jonker, on

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Business & Economy
ANC still has ‘no plan’ for stagnant economy

[ad_1] A number one market economist is suggesting that for the ANC to realize sustainable growth, it should keep away from repeating previous positions and proposals and should forge alliances with social companions and lecturers to realize a shared progress economy. In a crucial advisory opinion, macroeconomist Miyelani Mkhabela, who’s

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Business & Economy
Examine your Sars auto assessment before accepting it

[ad_1]  NZINGA QUNTA: The South African Institute of Chartered Accountants [Saica] is encouraging taxpayers to fastidiously look at their auto assessments from Sars before treating them as right. Somaya Khaki, who’s challenge director for tax at Saica, joins me. An excellent night to you, and thanks a lot for

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Business & Economy
Inflation, interest rates and joblessness

[ad_1] The South African economic system, like many others world wide, has had a ‘bumpy’ begin to 2022. The Russian invasion of Ukraine, volatility in worldwide monetary markets, inflationary pressures and so on have precipitated an financial atmosphere that threatens to spill over into a worldwide recession. Locally, the economic

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