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Rice millers to shut down plants over looting

Rice millers on Thursday declared that they would shut down some of their plants in some parts of the country following the destruction of some…

MTN sells stakes in Jumia, rakes in $138m

MTN Group has finalised its exit from Jumia, a Pan-African e-commerce platform, selling its 18.9 per cent stakes and raking in R2.3bn ($138m ) from…

Shanghai remains hot spot for foreign investment

SHANGHAI — Despite the global downturn due to the COVID-19 pandemic, China’s financial hub of Shanghai remains a hot spot for foreign investment. The city’s…