Metrofile is set to leave JSE in buyout deal

Metrofile is set to leave JSE in buyout deal

Metrofile Holdings will be acquired by a special purpose company wholly owned by Mango Holding in a cash-for-shares transaction that values the group at R3.25/share. The deal and offer price, announced to shareholders on Wednesday through the JSE’s stock exchange news service, represents a substantial premium to Metrofile’s share price before talks became public. Mango…

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Bolivia set to elect first non-left wing president in two decades

Bolivia set to elect first non-left wing president in two decades

Ione Wells South America correspondent, BBC News Reuters Rodrigo Paz Pereira is the frontrunner in Bolivia’s first-round presidential election which took place on Sunday. Bolivia is set to elect a non-left wing president after nearly two decades of near-continuous rule by the incumbent socialist party, according to official preliminary results. Senator Rodrigo Paz Pereira and…

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Ethereum price set for further big gains: Standard Chartered

Ethereum price set for further big gains: Standard Chartered

Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…

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Africa: Nigeria Set to Host Africa’s Largest Elevator, Escalator Exhibition

Africa: South Africa and China Set Up a Quantum Communication Link – How We Did It and Why It’s Historic

A major breakthrough in quantum technology was achieved in October 2024: the first-ever quantum satellite communication link between China and South Africa. The connection spanned a remarkable 12,900km: the longest intercontinental quantum communication link established to date. The longest before this was 7,600km and within the northern hemisphere only. It was achieved with quantum key…

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