Naspers Invests in Online Insurer Naked as Part of South African Investment Push August 5, 2021 By Loni Prinsloo Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech...
Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’ July 27, 2021 By Felix Njini and John Viljoen Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after...
Cyber Attack Disrupts Container Operations at Major South African Port July 23, 2021 By Zandi Shabalala and Tanisha Heiberg JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen...
S. African Riot Insurer to Shoulder Bulk of Claims After Days of Violent Civil Unrest July 19, 2021 By Roxanne Henderson and Khuleko Siwele As calm begins to return to South Africa following days of violent riots that caused billions of rand in damage,...
Uninsured South African Businesses, Wrecked by Civil Unrest, Struggle to Recover July 15, 2021 JOHANNESBURG — After losing 53 cars during xenophobic attacks in South Africa in 2019, Johannesburg car dealership owner Okey Uchendu...
South Africa Develops Public-Private Scheme to Provide Drought Insurance for Farmers July 14, 2021 By Emma Rumney JOHANNESBURG – Happy Letsitsa hasn’t paid off the money he borrowed to survive a 2019 drought that ravaged his maize...
Ex-Deloitte Auditor Faces Disciplinary Action for Improper Audit of S. Africa’s Steinhoff April 23, 2021 By Janice Kew An ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International Holdings NV...
Cape Town Wildfire Largely Contained; Damage Assessment Begins April 21, 2021 By Gerald Imray CAPE TOWN, South Africa – Fire crews had largely contained a big wildfire on the slopes of Cape Town’s Table...
South Africa to Launch Compensation Fund to Allay Vaccine Makers’ Liability Concerns April 20, 2021 JOHANNESBURG – The South African government’s compensation fund to cover potential injuries from COVID-19 vaccines could cost around 250 million...
Wildfire on Cape Town’s Table Mountain Rages Out of Control April 19, 2021 By Paul Vecchiatto and Mike Cohen More than 250 firefighters in Cape Town battled a massive blaze that broke out on the slopes of the city’s...