Former Pentagon chairman Trevor Reeve has joined the board of Direct Valeting as chairman following the business’ acquisition in a management buy-out (MBO).
In a show of low confidence, 32.37 percent of Standard Bank shareholders voted against the re-election of group chairperson, Thulani Gcabashe, during the company's 52nd annual general meeting (AGM) held virtually yesterday.
Daily Maverick 168 weekly newspaper.
India could have lessened its Covid-19 disaster if the government had not been so determined to manage the procurement and distribution of vaccines centrally, says Mohammed Akoojee, CEO of Imperial Logistics. The fact that the country is in the grip of a severe third wave is an added tragedy, considering one of the vaccines is manufactured there, he says. But the process has now been opened up to the private sector, a fact that warrants the attention of governments around the world.
“Is centralised procurement and distribution really the right way to go? The pace at which we are vaccinating people in South Africa is not where it should be – just 340,000 medical professionals have been vaccinated, out of a possible 1.5 million. And we need to cover 65% of the population? Do the maths. We need to vaccinate 250,000 people a day, as they did in the US and UK.”
Top 15 Most Valuable African Companies
In this article, we discuss the Top 15 Most Valuable African Companies. If you want to skip our detailed analysis of the African economy, go directly to the Top 5 Most Valuable African Companies.
In today’s multi-polar world, Africa is no longer a land of exploitation. It’s rather a hub of business activity and investments. The United States knows it, Europe knows it, and most of all China knows it. Across the whole African continent, Chinese enterprises are investing heavily in crucial transportation and network infrastructure. Gone are the days when Africa was known just for war, poverty, Ebola, and diamond mines. Africa’s youth today are well informed and are headed in the right direction. They are starting businesses, launching apps and software, initiating major business ventures and entrepreneurial projects. According to Quartz, Rwanda, Sudan and Ethiopia have an estimated growth rate of 7 percent and above. African economy stands