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Page 7 - பழையது பரஸ்பர லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South Africa s Old Mutual warns of full-year loss

South African insurer Old Mutual Ltd. warned Monday of a full-year loss, saying it had been forced to increase provisions and reserves related to the COVID-19 pandemic, sending its shares down more than 3%.

Old Mutual bets on African data center growth with Ghana deal

MONEYWEB app instead? As it expands to take advantage of a shortfall in cloud storage capacity on the continent. By Loni Prinsloo and Roxanne Henderson, Bloomberg 4 Mar 2021  17:09  Open: Image: Waldo Swiegers/Bloomberg Old Mutual Ltd.’s private equity unit acquired a stake in a second data center in sub-Saharan Africa as it expands to take advantage of a shortfall in cloud storage capacity on the continent. The investment, through its African Infrastructure Investment Managers fund, in conjunction with Onix Data Centres Ltd.’s management team, will ramp up the size of the Ghanaian facility into the largest in the West African country. It will be renamed Onix Accra 1, with connectivity provided by Vodafone Group Ltd., Comsys Holdings Corp and CSquared Innovations Inc, the company said in a statement.

Banks Buoy S Africa Stocks as Budget Hits All the Right Notes

Banks Buoy S Africa Stocks as Budget Hits All the Right Notes
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Mboweni faces tax problem as skilled and wealthy people leave South Africa

Mboweni faces tax problem as skilled and wealthy people leave South Africa
businesstech.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstech.co.za Daily Mail and Mail on Sunday newspapers.

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