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Elon Musk's 'Great Meeting' with Cyril Ramaphosa Sparks Investment Talks
By Lindiwe Nkosi
Elon Musk's 'Great Meeting' with Cyril Ramaphosa Sparks Investment Talks

Elon Musk hailed a 'great meeting' with South African President Cyril Ramaphosa during the 78th United Nations General Assembly in New York. The meeting has ignited speculation about potential investments and partnerships between Musk's companies, SpaceX and Tesla, and South Africa. Ramaphosa aims to attract more investments to the country as Musk's firms expand their footprint in Africa.

25 Sep 2024 Business
NNPC Ltd Unveils New PMS Pump Prices from Dangote Refinery for September 2024
By Lindiwe Nkosi
NNPC Ltd Unveils New PMS Pump Prices from Dangote Refinery for September 2024

NNPC Ltd has announced the estimated pump prices of Premium Motor Spirit (PMS) sourced from Dangote Refinery for September 2024. The prices vary across Nigeria, with Lagos seeing N950.22 per liter and the highest in Borno at N1,019.22. These prices were negotiated based on international gasoline rates and foreign exchange factors.

17 Sep 2024 Business
Anglo American's Bold Restructuring Plan in Response to BHP's £34 Billion Takeover Bid
By Lindiwe Nkosi
Anglo American's Bold Restructuring Plan in Response to BHP's £34 Billion Takeover Bid

Anglo American has announced a bold restructuring plan aimed at countering a £34 billion takeover bid from BHP. The strategy involves focusing on key sectors like copper, iron ore, and crop nutrients while divesting from other business units. The market's reaction has been mixed, with shares initially dipping but showing growth over the past month.

15 May 2024 Business