Shein seeking up to R660-billion valuation in IPO

Shein seeking up to R660-billion valuation in IPO

Shein is seeking a valuation of between US$30-billion and $40-billion (R495-billion and R660-billion) in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said. Shein started pre-deal investor meetings last week, one person said. The deal could be launched…

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Africa: Renewables Rising, Part 2 – Seeking Stability Amid Volatile Fossil Fuel Markets

Africa: Broken Promises, Shattered Hopes – – the Plight of African Climate Migrants Seeking Work in ‘Wealthier’ SA

Climate refugees who abandon drying agricultural lands in frontier countries and head to South Africa to seek new livelihoods are encountering crushing hardship in this country. ‘Crop yield, livestock failed. That’s why we came to South Africa confident of a fresh start,” says Joshua Tuso (41), an undocumented migrant from Zimbabwe. But “it has been…

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Amazon seeking South African talent for Project Kuiper

Amazon seeking South African talent for Project Kuiper

Project Kuiper terminal on a rooftop. Image: Amazon Amazon is moving closer to establishing a physical footprint for its Project Kuiper satellite internet network in Africa, advertising for a new technical business development manager focused on acquiring and developing ground infrastructure sites across the continent. And it’s specifically indicated it’s looking for South African talent….

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