Business

Comsol, a telecommunications company backed by Nedbank, the Industrial Development Corporation and Andile Ngcaba’s Convergence Partners, will launch the first fifth-generation (5G) network in South Africa next month.The company, based in Midrand in Johannesburg, will launch a trial 5G network, with live customers, in partnership with Internet service providers with a view to launching a commercial 5G network thereafter. Several high sites will be used for the trial, which will take place in Gauteng.

Sudan has for the first time in 20 years begun receiving foreign currency inflows, the central bank said on Wednesday, days after the U.S. government lifted decades-old trade sanctions on the northern African country.

The International Monetary Fund cut its South African economic growth forecast for this year on Tuesday, saying rising political uncertainty has dented consumer and business confidence.

Major Japanese steelmaker Kobe Steel said it has systematically fabricated inspection data for aluminium and copper products that may have gone to around 200 clients, reportedly including Toyota.

An International Monetary Fund (IMF) mission led by Dan Ghura visited Abidjan from September 19 to October 3, 2017 to hold discussions on the second review of the three-year economic and financial program supported by the IMF through arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF).

Wits University will not be renewing its contracts with audit firm KPMG, which are set to lapse at the end of the year.

Nissan will recall 1.2 million vehicles in Japan after regulators said safety checks did not meet domestic requirements.

More than two million birds have died or have been culled since an outbreak of highly pathogenic avian influenza  - or bird flu - was confirmed in the Western Cape in August, Economic Opportunities MEC Alan Winde said on Monday.

Benghazi port in east Libya reopened Sunday for the first time in three years after being forced to cease operations because of clashes in the cradle of the 2011 revolution.

Confidence among Japan's biggest manufacturers has jumped to its highest level in a decade, a key central survey showed on Monday, as the world's number three economy picks up pace.