Shoprite sells five stores in Malawi to Karson, which must keep workers and report regularly to the competition commission. In Ghana, Shoprite plans to sell seven stores and a warehouse, marking another step back from its Africa dream. Shoprite is pulling out of Ghana and Malawi after struggling for years to make money outside South…
Five people have died after a tourist bus returning from Niagara Falls crashed on the motorway in western New York. Witnesses saw the vehicle lose control and turn over approximately 40 miles (64km) from Niagara Falls, a major tourist destination on the US-Canada border. Most of the 52 people on board are from India, China…
Shares of MTN Group Ltd. experienced a steep decline in Johannesburg on Monday, falling by as much as 10%—the largest drop since March 2023. The plunge followed the announcement that the company’s South African revenue had fallen, leading to a management shake-up. Investors were also concerned about a U.S. Department of Justice probe into the…
Oil prices fell sharply Monday after a missile strike by Iran on a U.S. airbase in Qatar left no reported casualties, raising investors’ hopes that there might be a path to de-escalate the conflict in the Middle East. U.S. crude oil fell $5.33, or 7.22%, to close at $68.51 per barrel, while global benchmark…
RIO DE JANEIRO — A hot-air balloon caught fire and tumbled from the sky on Saturday in Brazil ’s southern state of Santa Catarina, killing eight people, firefighters said. Footage shared by local news outlet G1 showed billows of smoke coming from the balloon in flames as it hurtled toward the ground in the municipality…
