A SA high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast
Shell is, for now, free to proceed with its seismic survey of the ocean off the ecologically sensitive Wild Coast after four environmental and human rights organisations today lost their legal bid to interdict it from doing so.
Mango’s business rescue plan has been given the green light by its creditors, opening the way for it to start negotiating with a potential strategic investor to help relaunch the low-cost carrier’s operations.
Shares of Nigeria's second-biggest listed company, MTN Nigeria, fell 10% on Wednesday to a five-week low after it set a retail public offer price that was lower than its share price on the stock market.
Facebook could be sued by consumer groups for privacy violations, an adviser to Europe's top court said on Thursday, in a German online gaming case that could pave the way for similar action across the EU.
Asian and European countries rushed to tighten restrictions on Friday after a new and possibly vaccine-resistant coronavirus variant was detected in SA, with Singapore and India announcing stricter border controls.
The rand slumped to its worst ever in a year against the dollar on Friday as contagion effects of the meltdown of Turkish lira on emerging market currencies played alongside concerns of rising coronavirus cases and lockdowns in Europe.