Other News

Johan van Zyl quits Steinhoff Africa
Global JSE SENS

Johan van Zyl quits Steinhoff Africa

Steinhoff Africa said Johan van Zyl has decided to withdraw his candidacy for election to the Steinhoff Supervisory Board and has resigned his position as Supervisory Board member of the Company with immediate effect. The company said van Zyl’s decision will not be put to shareholders at the AGM. Ms. […]

Total boss Elisabeth Proust set to retire
Energy

Total boss Elisabeth Proust set to retire

Total E&P UK said that its Managing Director, Elisabeth Proust, will be retiring shortly, after 38 years of working for Total. Elisabeth began her career as a junior drilling supervisor with Elf Aquitaine (now Total) in 1980. An engineer by profession, she worked as one of the company’s development engineering […]

BlackRock to acquire TCP
Global

BlackRock to acquire TCP

The world’s largest fund manager, BlackRock Inc., said it has signed a definitive agreement under which BlackRock will acquire TCP. TCP is a company focused on middle market performing credit and special situation credit opportunities. The acquisition augments BlackRock’s position as a leading global credit asset manager and advances its […]

ToLet.com.ng rebrands to PropertyPro.ng
Startups

ToLet.com.ng rebrands to PropertyPro.ng

After acquiring Jumia House, ToLet.com.ng, a property search and eCommerce site has now rebranded to PropertyPro.ng. It would be recalled that ToLet.com.ng now PropertyPro.ng had acquired Jumia House for an undisclosed amount after the latter’s parent company, Jumia had to divest from non-core eCommerce business. In an official statement issued […]

Eni, SONATRACH extends strategic partnership
Global MENA

Eni, SONATRACH extends strategic partnership

Italy’s Eni and Algeria’s SONATRACH said they have signed a series of agreements aimed at strengthening the integration between the two companies in jointly operated activities in the country. Eni said the partnership will be achieved through important synergies that will lead to significant cost savings and improved operational efficiency. […]