Daily Archives: February 1, 2018

Jibu Announces Completion of $7 Million Series B Financing

Funds raised through impact investments will accelerate Jibu’s growth and drive social and financial returns DENVER, Feb. 01, 2018 (GLOBE NEWSWIRE) — Jibu, a social enterprise that has reinvented the traditional franchise model

XCMG Opens First Direct Spare Parts Center in Africa – ...

NAIROBI, Kenya, Feb. 1, 2018 /PRNewswire/ — XCMG opened its first direct regional spare parts center (“the Center”) on January 6 in Nairobi, Kenya to serve business in East Africa. The Center

Nine syndicate members in court for R90m VAT fraud

The nine members of a syndicate suspected of operating a large-scale value-added tax (VAT) fraud scam amounting to more than R90 million are expected to appear in court this morning.

The nine suspects

Eskom speaks on Fitch downgrade

Measures taken to turn the fortunes of Eskom around will yield positive results despite a rating downgrade by Fitch Ratings.The rating agency downgraded the power utility's long-term local currency Issuer Default Rating

Government notes announcement by Multichoice

Government has noted the announcement made by Multichoice to remove the Africa News Network 7 (ANN7) channel from the DSTV bouquet when its contract expires in August.Multichoice on Wednesday announced it will

Two in the dock for fraud, illegal land sales

The Hawks in Newcastle have arrested two suspects in Vryheid for rental fraud and illegal land sales amounting to about R4 million.Busisiwe Mthethwa (53) - the widow of the late chief Jabulani

Kganyago named Central Bank Governor of the year

President Jacob Zuma has congratulated the governor of the South African Reserve Bank, Lesetja Kganyago, for winning the Central Banking Governor of the year 2018 award.

The award celebrates the officials that have