South African insurer Santam plans to expand into as many as three African countries by the end of the year, the Business Day newspaper reported. We are in seven countries and we will be in nine or 10 probably by the end of the year, Ian Kirk, Santam's chief executive officer, was quoted as saying. The insurer has previously announced plans to start new medical insurance businesses in Tanzania and Zambia this year. |
South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more
South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more
Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more