London-listed miner Anglo American and Canada’s Teck Resources plan to merge, marking the sector’s second-biggest mergers and acquisitions deal ever and forging a new global copper-focused heavyweight. Under the proposed deal, which will require regulatory approvals and was announced on Tuesday, Anglo American shareholders will own 62.4 percent of the new company, Anglo Teck, while…
India’s finance minister calls for greater collaboration in ‘cybersecurity’ and ‘defence’ between the two countries. Published On 8 Sep 20258 Sep 2025 Israel and India have signed a bilateral investment agreement to expand mutual trade during far-right Israeli Minister of Finance Bezalel Smotrich’s trip to the South Asian country, which deepened its ties with Israel…
MTN Group president and CEO Ralph Mupita. South Africa’s second-largest mobile network operator (MNO) cannot rule out a future deal with another telecoms operator, including Telkom, says MTN Group president and CEO Ralph Mupita. However, Mupita says there are currently no active talks with Telkom, quashing recent media speculation. Shares in Telkom jumped on rumours…
EPA Russia has rebuffed calls for a ceasefire as its troops advance in Ukraine President Vladimir Putin has said Russia is willing to fight to achieve all its objectives if Ukraine does not agree to a deal. He made the remarks in China after attending a huge military parade seen as a challenge to Donald…
TymeBank CEO Karl Westvig TymeBank customers will soon be able to apply for their ID and passport documents in the banking app or via the fintech’s 1 000-plus branded kiosks at Pick n Pay, Boxer and TFG stores around South Africa. This follows an agreement between TymeBank and the department of home affairs, which have had…
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking a 10% stake in the company, in a filing citing risks involved with the…
US President Donald Trump. Image US President Donald Trump said on Friday that the US would take a 10% stake in Intel under a deal with the struggling chip maker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America. The deal puts Trump on better…
Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank described the deal as a “significant milestone” in its strategy to target small and medium enterprises. iKhokha co-founder and CEO Matt Putman is TechCentral’s…
Carlos Jasso/Reuters Google has struck a six-year cloud computing deal with Meta Platforms worth more than US$10-billion, a source familiar with the matter said on Thursday. It would be the search giant’s second big agreement recently after one with OpenAI. Under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the…
The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint statement announced Thursday by the Trump administration and European Union. The pact also calls for the 27-member EU to eliminate tariffs on all American industrial exports and to offer preferred terms for some seafood and…
