Tender Admin

TOKYO (Reuters) -A $14 billion tender offer to take Toshiba private is set to succeed, private equity firm Japan Industrial Partners (JIP) said on Wednesday, clearing the way for Japan’s biggest deal this year. JIP’s tender offer, which closed on Wednesday, ends Toshiba’s 74-year history as a listed firm and puts the electronics-to-power stations maker in domestic hands after years of battles with overseas activist shareholders.

A company and two of its directors who were involved in the controversial Kimberley Diamond Cup Skateboard Championship pleaded guilty to several charges of tax fraud of R7 million in the special commercial crimes court.

President Cyril Ramaphosa has told global leaders South Africa remains committed to implementing the controversial National Health Insurance (NHI).

South Korean feed making association Major Feedmills Group (MFG) has picked up corn in a private deal with US-based giant…

South Korea’s Nonghyup Feed Inc (NOFI) has booked 136,000 mt of South American, or possibly South Africa-origin, corn after…

André de Ruyter is currently under investigation by the SIU for alleged maladministration during his tenure as Eskom CEO.

Noni Gasa’s journey from presenter to fashion mogul and mentor reshaped the industry. See what she’s been up to since ‘Big Brother Africa’.

India’s quest to emerge as a net exporter of arms will depend on its ability to sell the ‘Tejas’ aircraft to friendly foreign nations. But that ambition must wait at least a decade or more as the Light Combat Aircraft’s manufacturer is busy supplying these fighters to the Indian Air Force (IAF) and developing the […]

President Cyril Ramaphosa pays tribute to the late Prince Mangosuthu Buthelezi, urging South Africans to honor his desire for lasting reconciliation.