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BusinessTech Life Healthcare is selling Life Molecular Imaging (LMI) to Lantheus Radiopharmaceuticals UK Limited, a subsidiary of Lantheus Holdings Inc. The deal involves an upfront payment of USD350 million, with a potential additional payment of USD400 million linked to future…
Daily Maverick The Council accuses FlySafair of not meeting nationality provisions due to voting rights ownership. Council’s interpretation excludes trusts and companies, risking non-compliance for many South African airlines. FlySafair denies foreign control, citing resident South African voting rights. Council…
EWN Police in Cape Town are investigating the origin of 20 firearms seized after a fatal taxi shooting in Nyanga. One person was killed and seven others injured in a gun attack between rival groups. Safety and security MMC JP…
BusinessTech Amazon and Microsoft are hiring for their South African operations, with Amazon offering 93 full-time positions and Microsoft listing seven. Roles include software development, operations, support engineering, product management, customer service, marketing, and construction. Both companies have been in…
Bloomberg Chinese officials are considering Elon Musk acquiring TikTok’s US operations if the app fails to avoid a ban. Beijing prefers TikTok to remain under ByteDance ownership. The company is appealing to the US Supreme Court, but justices seem likely…
BusinessTech Billionaire Patrice Motsepe’s African Rainbow Capital may have to divest a fresh produce company due to a Competition Commission inquiry. The inquiry found ARC’s ownership in RSA Group and Subtropico raises competition concerns in the market. The investigation highlights…
The South African The Henley & Partners Passport Index 2025 reveals South Africans can travel to 106 countries visa-free. Singapore tops the list with access to 195 destinations, followed by Japan with 193. South Africa ranks 48th out of 199…
Daily Maverick Andiso Mengo testified at a Judicial Conduct Tribunal that Judge President Mbenenge asked her to undress during a WhatsApp exchange in June 2021. The tribunal is investigating allegations of sexual harassment through suggestive messages and inappropriate comments. Mbenenge…
Business Insider Africa The U.S. boasts strong industrial prowess and global reach, while Africa’s economies vary in size and development. The contrast between the two regions is evident in their GDP and economic stages on the global scale. Read More…
BusinessTech South Africa’s government has increased debt over 15 years, damaging its international reputation. Global debt hit a record $331.8 trillion by June 2024, with a $88.2 trillion rise in the past decade. South Africa’s total debt reached $699 billion,…
