Finding Reebok’s US$2,4bn buyer
By Joseph Pompliano After buying Reebok for $3,8 billion in 2005, Adidas has continuously written down its book value since — all the way to $995 million in 2019. But…
Directors’ Dealings: Valela ups stake in Delta
Business Writer Delta Corporation’s financial director Mathongonolo Mothibedi Valela recently upped his stake in Delta, a move market watchers say is a good signal of things to come. On the…
Ponel Youth Soccer Academy to appoint executive this year
Innocent Kurira, Sports Reporter RECENTLY established Ponel Youth Soccer Academy (PYSA) has set its sights on appointing an executive early this year in compliance with Fifa statutes. PYSA founding member…
Monetising natural gas must bind Africa’s energy sector
FOR many years Mozambique has been pursuing ambitions to become a global natural gas exporter. The country has struggled to generate enough energy for its domestic market. We are now…
Tesla: Soaring share price creates army of ‘Teslanaires’
Shares in Elon Musk’s electric car firm have risen more than 700 percent during 2020 to become the world’s most valuable car company. But it’s been a roller-coaster ride for…
Chippa United withdraw controversial Eymael appointment
CAPE TOWN — Chippa United have withdrawn the appointment of Luc Eymael as head coach after widespread criticism on Wednesday. The Port Elizabeth-based club on Wednesday said in a statement…
Why Africa’s COVID-19 Outbreak Hasn’t Been as Bad as Everyone Feared
Aryn Baker When COVID-19 initially blazed through Asia, Europe and then the United States, global public health experts worried that it could be catastrophic for Africa, with its crowded cities,…
Italy sees new surge in daily COVID-19 cases Expert says ‘Italian’ variant of coronavirus was already circulating in August
Giada Zampano ROME (AA) – Italy reported 11,212 new cases of the novel coronavirus Tuesday, rising again above the 10,000 mark after dipping for two days at around 8,000. Italian…
When your company has to say sorry, here’s how to do it right
It’s lockdown redux, so companies are again apologizing to customers for delays, closures, and unavailable services. Most do it terribly. A much-utilized apology fail is “We missed the mark,” used…
UK Authorizes Emergency Use of Oxford-AstraZeneca Coronavirus Vaccine
After pioneering the emergency use of Pfizer-BioNTech’s coronavirus vaccine, the United Kingdom is once again ahead of the game and is now the first country to approve the vaccine developed…










