Finance – Channel Africa

The Journal

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Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

Coty cashes out of Wella in $750 million deal with KKR

Beauty company Coty said on Friday it sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any future sale or initial public offering proceeds

Trade restrictions threaten Africa’s agricultural recovery: Expert

Africa’s agricultural sector is facing fresh challenges

Rand slips but analysts see more gains ahead

Rand slipped against a stronger Dollar

SA economy showing signs of recovery: Economist

The South African Reserve Bank released the October BCI showing a 0.4% increase in that month.

‘Foreign companies now control nearly 70% of Ghanaian market’

Foreign companies, particularly from Nigeria and parts of Asia, now control nearly 70% of Ghana’s market

Nike’s China conundrum deepens as turnaround stagnates

Nike is running out of time to prove its China playbook works