Business - Page 3

Louis Jr Tshakoane’s Forex Book Now a Best-Seller!

World renowned Prophetic Forex Trader Louis Jr Tshakoane has officially crossed R2+ Million in revenue and sales from his latest book Forex Millionaire in 365 Days by God’s Grace. The book has sold well due to the massive loyal African following he has gathered over the past 5 years. With 2000+ pre-ordered and copies sold

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Tesco announces 4,500 job cuts across stores nationwide

Tesco has announced is is to cut around 4,500 jobs as part of measures to “simplify and reduce processes and administrative tasks” mainly across its Metro stores. Although the measures are focused on all of Tesco’s 153 Metro stores, some changes will also be made to 134 of its Express stores and to some large

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Vauxhall owner PSA ‘could move Astra production from UK’

The chief executive of Vauxhall-owner PSA says it could move all production from its Ellesmere Port factory if Brexit makes it unprofitable, according to reports. Chief executive Carlos Tavares has told the Financial Times that the company has alternatives to the plant, with any potential move threatening about 1,000 jobs. “Frankly I would prefer to put it

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United States firms rethink China presence because of trade war

Most US businesses in China are hurting from the tariffs war between the two countries, forcing some companies to relocate abroad or refocus their business, a survey showed Wednesday. The recent poll by the American Chamber of Commerce in China and its sister organisation in Shanghai paints a gloomy picture of the business environment for

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South Africa oil discovery could be a game-changer
South Africa oil discovery could be a game-changer

South Africa oil discovery could be a game-changer and major boost for the economy

South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country. France’s major Total said that it had made a significant discovery on the Brulpadda prospects off the southern coast of South Africa. “With this discovery, Total

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Zimbabwe third quarter net revenue rises by over 22 pct

Zimbabwe’s net revenue for the third quarter of 2018 grew by 22.56 percent to some 1.19 billion U.S. dollars from 967.76 million realised during the same period last year, Ministry of Finance permanent secretary George Guvamatanga said Thursday. Gross collections amounted to 1.28 billion dollars against a target of 1.089 billion dollars. Guvamatanga attributed the

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Zimbabwe edges back onto tourist map

Harare – Zimbabwe’s tourism sector is enjoying a rebound with visitors returning in hordes to see the majestic Victoria Falls following two decades of stagnation. Back in the 1990s nearly 200 000 people were checking in at ticket office to see the Victoria Falls every year and this dramatically changed when the opposition party, Movement

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Africa-India trade records 10-fold growth, report shows

Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India). The report, Deepening South-South Trade: An Analysis of Africa and India’s Trade and Investment, which

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