South Africa Port and Rail Group Is Out to Conquer the Continent

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South Africa Port and Rail Group Is Out to Conquer the Continent

South Africa's national port and freight-rail operator is hunting for deals across the continent, from Senegal to Zimbabwe. Transnet SOC Ltd. has drawn up a list of 18 African nations where it wants to do business and is targeting at least five transactions this year, said Petrus Fusi, general manager for
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Capitec CEO Says Business 'Back to Normal' After Viceroy Target

Business at Capitec Bank Holdings Ltd. is “back to normal,” Chief Executive Officer Gerrie Fourie said, weeks after it became the target of the short seller who contributed to the scandal surrounding Steinhoff International Holdings NV. Despite some initial uncertainty and customer withdrawals, Capitec is
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Tops preparing to file for bankruptcy Bloomberg: Grocery chain was $723M in debt as of April

AMHERST — Tops Friendly Markets is reportedly preparing to file for bankruptcy in the coming weeks — one of two U.S. supermarket chains doing so, Bloomberg News reported over the weekend. And in the meantime, a union representing grocery workers said they are keeping an eye on Tops'
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What is bookkeeping in accounting

A bookkeeper records daily financial transactions, including purchases, receipts, sales and payments, usually through a general ledger or Janet in bookkeeping entered half of the debits in an account as credits, causing no end of problems for the rest of the accounting department. While bookkeepers
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Keep Looking for the Brexit Effect on UK Banking

People keep saying that the U.K.'s decision to leave the European Union will force the global financial industry to move some of its business out of London. It's thus odd to see it doing the exact opposite, at least in terms of lending. London's role as a financial center involves a lot of cross-border lending.
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