Xenophobic Attacks: Johannesburg Stock Exchange, MTN, Others Lose Profits

Johannesburg Stock Exchange has felt the heat from the recent xenophobic attack against other nationals in South Africa. has reported that the growing violence meted out on African nationals living in South Africa is being felt on the Johannesburg stock exchange. According to reports, Africa’s largest mobile phone operator, MTN Group Limited fell as […]

Mercer South Africa Ltd enters into Strategic Partnership with EZ37 Solutions Nigeria

Mercer ( South Africa (Consulting) (Pty) Ltd has announced on 25 October 2017 that it has entered into a strategic partnership agreement with EZ37 Solutions Limited (, a Nigeria based Human Resources firm. Under the terms of the agreement, global human resources consultancy Mercer, will utilize the deep knowledge of the local Nigerian market and […]

South Africa Enters into Recession

(BBC) South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and trade, follows a 0.3% fall in GDP in the final quarter last year. It is the first time that economic has slowed for two consecutive quarters […]

South Africa overtakes Nigeria as African largest economy

  South African economy has regained the position of Africa’s largest in dollar terms, as the value of the nations’ currencies moved in opposite directions, this is coming barely two years after losing it to Nigeria. According to Bloomberg report, based on GDP at the end of 2015 published by the International Monetary Fund (IMF), […]