Category archives for: Investing

ExxonMobil to Acquire 25% in Mozambique’s Area 4


From ARIMANDO DOMINGUES in Maputo, Mozambique MAPUTO, (CAJ News) – ExxonMobil and Eni have signed a sale and purchase agreement to enable ExxonMobil acquire a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni currently holds a 50 percent indirect share in the block through a 71.4 percent stake in […]

VW expands in Africa with new entity


By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – VOLKSWAGEN, the car maker, has established a new “Sub-Saharan Africa” entity as part of its strategy to develop and strengthen the African market. Thomas Schäfer, Chairman and Managing Director of Volkswagen Group South Africa, has assumed responsibility for developing and networking about 50 states to form the new […]

JSE revenues defy 2016 economic tests


By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE Johannesburg Stock Exchange (JSE) Group has announced a marginal growth in earnings to R920 million in the past year characterized by tough market conditions. The earnings were 2 percent up from R899 million gained in 2015. “2016 was a challenging year for both the JSE and its […]

Tech innovation in agro encouraged


By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SOME 50 world-class innovators in food, ag tech and agriculture will compete for the Agripreneur of the Year title at the third Future Agro Challenge (FAC) Global Championships set for Johannesburg next month. The competition will be held during the Global Entrepreneurship Congress (GEC) Agripreneurs Summit. In just […]

Oracle prepare scholars for tech driven economy

Angie Motshekga, Minister for Basic Education addresses at Ponelopele Oracle Secondary School .IMAGE SUPPLIED

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – ORACLE, the computer technology corporation, has provided US$3,3 billion (R44 billion) in resources globally to help prepare students for life and work in the modern technology-driven economy. Dorian Daley, Executive Vice President, General Counsel and Secretary at Oracle, disclosed the figures on Monday in Midrand, South Africa at […]

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