Friday, June 13, 2025
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B-BBEE

Absa Plans $636-Million Black Empowerment Deal for Staff & Investors

Absa, one of South Africa's largest banks, is currently planning a $636-million (R9,4-billion) transaction which could possibly see 8% of the lender's shares given to staff and third-party investors. Further, Media24 reports, the transaction will enable all of Absa's employees...

Networks Unlimited announces B-BBEE deal and unveils new corporate ID

Networks Unlimited, an African value-added distributor of converged technology, data centre, networking, and security technology solutions, has announced a 53 percent broad-based black economic empowerment (B-BBEE) deal, which has strong educational and community upliftment leanings. Networks Unlimited has announced the...
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Glovo Partners with Kenyan Government, Pledges Billions for Digital Growth & Jobs

Glovo, a technological platform, launched a historic Memorandum of Cooperation with Kenya's Ministry of Labour and Social Protection, led...
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