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Denel eyes $2bn export deals

South Africa’s Denel can see some 30 billion rand ($1,97 billion) in deals over the next two years which should help it recover after struggling to pay salaries and relying […]

Woolworths shares rise

South African retailer Woolworths Holdings Ltd reported a 2,1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home business that had […]

Distell loses interest in Zim

South African alcoholic drinks firm Distell is likely to hold off on further investments in Zimbabwe until there are signs it is tackling is deep economic problems, chief executive Richard […]

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