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Africa: South Africa Secures Full Afreximbank Membership with US Billion Programme to Enhance Trade and Create Jobs

Africa: South Africa Secures Full Afreximbank Membership with US$8 Billion Programme to Enhance Trade and Create Jobs

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South Africa has become a full member of the African Export-Import Bank (Afreximbank), the continent’s largest trade institution, and has qualified for an initial $8 billion financing package that will help boost the mining, automaking and manufacturing sectors. Speaking at the signing ceremony in Johannesburg, President Cyril Ramaphosa welcomed the agreement which he said “will…

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Africa: Britam Uganda Secures Top Employer Africa 2026 Certification.

Africa: Britam Uganda Secures Top Employer Africa 2026 Certification.

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Kampala — Britam Uganda has been certified as a Top Employer Africa 2026 by the Top Employers Institute (TEI), marking the second consecutive year the financial services firm has attained the continental recognition following successful recertification across Kenya, Uganda, Rwanda and Mozambique. The certification places Britam among a select group of organisations recognised for consistent…

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Africa: Britam Uganda Secures Top Employer Africa 2026 Certification.

Africa: Canal+ Secures Long-Term Content Deal With Warner Bros

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Canal+ and Warner Bros. Discovery have announced a major expansion of their long-standing strategic partnership, signing a new multi-year, multi-territory agreement that significantly strengthens their collaboration internationally. The expanded deal covers the distribution of HBO Max as well as the renewal of several Warner Bros. Discovery (WBD) thematic television channels across multiple markets in Africa…

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Vodacom secures majority control of Safaricom for R36 billion

Vodacom secures majority control of Safaricom for R36 billion

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Vodacom Group has moved to cement its dominance in East Africa with a massive R36-billion ($2.1 billion) transaction that will give it a controlling interest in Safaricom, one of the continent’s most valuable telecommunications and fintech players. Read: Epson CO-W01 Projector Review: Project Success The Johannesburg-headquartered group announced on Thursday that it has reached an…

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Pepkor secures approval to join the sector

Pepkor secures approval to join the sector

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South African discount retailer Pepkor Holdings has received regulatory approval to establish a banking presence, it said on Tuesday, as it expands beyond retail and basic financial services. Pepkor said in a statement that it had secured approval from the Prudential Authority in November, enabling it to enter South Africa’s competitive banking sector. The company…

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Cell C secures R9-billion valuation ahead of JSE debut

Cell C secures R9-billion valuation ahead of JSE debut

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Cell C CEO Jorges Mendes unveiling the company’s new brand identity at a recent event in Johannesburg Cell C has confirmed the final pricing and outcome of its long-awaited JSE listing, marking a major milestone in the operator’s recapitalisation and restructuring efforts. The offer, which closed on 21 November, was priced at R26.50/share, raising R2.7-billion…

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Blue Label secures majority Cell C stake

Blue Label secures majority Cell C stake

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Blue Label has achieved majority ownership of Cell C. Blue Label has finally achieved its almost decade-long goal of securing a majority stake in Cell C, South Africa’s fourth biggest mobile operator, reaching 53.57% ownership. Final approval from the Competition Tribunal concludes several regulatory hurdles for Blue Label – which is rebranding as Blu Label…

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