Telkom SA SOC Limited has secured approval from the South African Competition Tribunal for the sale of its masts and towers business, following the Competition Commission’s recommendation, clearing one of the key regulatory hurdles the deal faces. Shareholders were initially informed on 24 May 2024, following a general meeting where…
Companies globally are piling into debt markets to sell bonds and loans while they still can. More Asian firms including Meiji Yasuda Life Insurance Co offered notes Wednesday, after nearly 30 blue-chip companies sold about $43 billion of bonds in the US market Tuesday, the busiest single sales day by…
Gold edged lower for a fourth day as investors took stock following a broad sell-off that rattled equity and commodity markets, with the weakness stoked by concerns about economic growth.…
Bitcoin flirted with a one-month low amid a wider retreat from riskier investments in global markets due to fears about the economic outlook.…
THE importance of employee engagement cannot be overstated. Companies are often consumed with market trends, customer satisfaction, and profit margins, yet the backbone of any successful organisation — its employees — can sometimes be overlooked.…
Barratt Developments, the UK’s largest housebuilder, saw a sharp drop in profits after it built far fewer homes last year. It completed just 14,000 in the year to June, compared to 17,000 for the previous 12 months, and says the total will be lower again next year. Pre-tax profit fell…
Brazil’s Supreme Court has upheld a ban on social media platform X, formerly known as Twitter. The judges voted unanimously in favour of the measure, meaning the ban will stay in place. X has been suspended in Brazil since the early hours of Saturday after it failed to appoint a…