Tag: Business Africa

Mercedes-Benz Launches Fresh €1 Billion Share Buyback as Carmaker Strengthens Investor Returns

Mercedes-Benz Group will launch a new €1 billion share buyback programme on September 1, 2026, extending the German luxury carmaker’s strategy of returning excess...

Razon’s ICTSI Expands African Port Empire With TLG Acquisition

International Container Terminal Services Inc. (ICTSI), controlled by Philippine billionaire Enrique Razon Jr., has agreed to acquire 100% of TLG Acquisition Holdings, expanding its...

Eskom CFO Calib Cassim to Retire as South Africa’s Power Utility Builds on Turnaround

South Africa’s state owned power utility Eskom has announced the retirement of Group Chief Financial Officer Calib Cassim, who will leave the company during...

Trump Announces US Control of $65 Billion Barrels of Venezuelan Oil Reserves

President Donald Trump says the United States has reached an agreement with Venezuela that will give American interests majority control over more than 65...

India Moves to Put Red Warning Labels on High Sugar and Salt Foods After Public Backlash

India’s Food Safety and Standards Authority of India (FSSAI) has proposed prominent red, hexagonal warning labels on packaged foods and beverages high in sugar,...

Singapore Deepens Egypt Investment Push as Bilateral Trade Ties Gain Momentum

Singapore is stepping up efforts to deepen investment and trade relations with Egypt, as the Asian financial hub looks to expand its presence in...

Popular articles