Tag: South Africa business

South Africa’s Efora Energy faces liquidation as JSE suspends shares
BusinessTechnology

South Africa’s Efora Energy faces liquidation as JSE suspends shares

South Africa’s Efora Energy Limited is set for liquidation after years of name changes, asset sales and strategic shifts that ultimately failed to secure long-term financial stability. The Johannesburg Stock Exchange (JSE)-listed company now finds itself suspended from trading, with uncertainty mounting over its ability to meet obligations.  The development marks a sharp downturn for a group that once positioned…

Oluwatosin Alao Oluwatosin Alao
Michelangelo-Towers
LuxuryTourism

South Africa’s Michelangelo Hotel shuts amid ownership battle at legacy

Michelangelo Hotel in Sandton remains shut as a takeover battle between Legacy shareholders heads to appeal, leaving the landmark property idle.

Timilehin Adejumobi Timilehin Adejumobi
Truecaller, 365 Digital expand ads in Kenya, South Africa
TechnologyBusiness

Truecaller and 365 Digital strike Kenya and South Africa Ad deal

Truecaller is stepping up its expansion in Africa’s digital advertising market with a new exclusive reseller agreement with 365 Digital in Kenya and South Africa. The deal strengthens the company’s push to grow advertising revenue in two of the continent’s most active mobile markets.  The partnership gives 365 Digital sole rights to sell Truecaller Ads inventory in both countries. For…

Oluwatosin Alao Oluwatosin Alao