German luxury automaker BMW said on Friday it will spend over $118 million on a test track for self-driving and electric cars in the Czech Republic, as it expands its foray into alternative driving technologies.
Steinhoff's African business is preparing to repay $1.2 billion it owes to its parent, it said on Friday, a move that would go a long way to plugging a liquidity hole in the group fighting for survival in the wake of an accounting scandal.
Labour analyst Terry Bell says the South African Broadcasting Corporation (SABC) board should make employees of the public broadcaster that are affiliated to trade unions BEMAWU and CWU understand that it's in a financial mess.
Business Leadership South Africa (BLSA) has congratulated Standard Bank Group for appointing former director-general at National Treasury Lungisa Fuzile as the new chief executive of Standard Bank South Africa.
Zambia’s 2017 copper output is expected to increase to between 800 000 and 850 000 tons due to stable power supply and higher copper prices from 774 290 tons in last year, mines minister Christopher Yaluma said on Thursday.