Glencore Xstrata merger gets Chinese approval

China has approved commodities trader Glencore's $64 billion merger with mining group Xstrata.

L'Oreal acquires Kenyan beauty firm

L'Oreal announced it has acquired the Health & Beauty business of Interconsumer Products Limited (ICP) in Kenya from its founding shareholder.

South African drinks group Distell buys Scottish whisky distiller

South African drinks giant Distell has brought Scottish whisky distiller Burn Stewart Distillers Limited for R2.

Boston 'terror' blasts injure 140, three dead

Two explosions near the finishing line of the Boston Marathon have left three people dead and more than 140 injured.

Bühler SA launches 'new innovation' for agro-processing

Food processing plant and equipment specialist Bühler South Africa on Friday launched its mobile Isigayo compact mill in Johannesburg, aimed at tackling government's mandate of developing the small-scale milling sector and improving food security in the Southern African region.

Adam Scott wins US Masters

Adam Scott clinched his maiden major title and became the first Australian winner of the Masters with victory against 2009 champion Angel Cabrera in a sudden death play-off at Augusta National.

Alonso wins Chinese GP

Ferrari's Fernando Alonso won a drama-packed Chinese Grand Prix on Sunday, with Lotus' Kimi Raikkonen and Mercedes' Lewis Hamilton finishing second and third.

MTN on shortlist for Myanmar licence

South Africa-based cellular giant MTN on Friday said its subsidiary MTN Dubai was one of 12 operators to be prequalified by the Myanmar Telecommunications Ministry for two telecommunications licences in the country.

Paramount wins Brazil supply contract

South Africa-based defence and aerospace company Paramount Group has won a bid to supply Brazil with police vehicles in preparation for the Fifa World Cup in the country next year and the 2016 Olympics.

Gold Fields Ghana strike ends

Gold Fields Ghana has said employees have resumed work at its two mining units following a strike.

MoneyGram, FNB launch first mobile money transfer service in Africa

FNB account holders in South Africa are now able to send and receive international money transfers using their cellphones, it has been announced.

South Africa approves Barclays, Absa merger

South Africa's Finance Minister Pravin Gordhan has approved the proposed merger of the African operations of British bank Barclays and the Absa Group.

Zuma sends condolences following death of Baroness Thatcher

South African President Jacob Zuma conveyed his condolences to the people of Britain on Monday following the death of former Prime Minister Margaret Thatcher.

The bold and the beautiful

As far as investing in Africa is concerned, fortune will favour the brave.

South Africa's Telkom predicts 20% profit drop

Africa's largest integrated communications company Telkom has warned of a drop in profit for the year to March as it battles against tougher competition from mobile and broadband companies.

EPL clubs set to adopt goal-line technology

Goal-line technology will be introduced in the English Premier League in time for the 2013-14 season, the Football Association (FA) expects.

South Africa's Zuma to attend Kenyatta inauguration

South African President Jacob Zuma will attend the inauguration of Kenyan President Uhuru Kenyatta, the Presidency.

Nelson Mandela leaves hospital

The South African presidency says former President Nelson Mandela has been discharged from a hospital following treatment for pneumonia.

Samsung to open Kenya assembly plant

Korean electronics giant Samsung is set to open a television, laptop and printers assembly plant in Kenya by end of year and use it as a launch pad to the region.