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Lese-Ansicht

BAE Market Value Seen Topping $100 Billion on Defense Spending

Analysts expect BAE Systems Plc’s market value to top $100 billion for the first time as the UK defense contractor benefits from increased military spending by the US and Gulf states in the aftermath of the Iran war.

The BAE Systems booth on the exhibit floor of the Association of the US Army Defense Show in Washington, DC.
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Football Row in Africa Tests Tycoon’s Ability to Restore Trust

South African billionaire Patrice Motsepe has been lauded for cleaning up the finances of Africa’s most powerful sports organization, but a football trophy scandal has highlighted the deep mistrust that still dogs the body.

Senegal supporters clash during the Africa Cup of Nations final between Senegal and Morocco in Rabat on Jan. 18.
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Billionaire-Backed Zoho Plans More Mideast, Africa Data Centers

Zoho Corp., a software firm owned by the Indian billionaire Vembu family, is in talks to build out its own data centers in the United Arab Emirates, Saudi Arabia and South Africa, three of its fastest-growing markets.

The Zoho Corporation Pvt. Ltd. booth at the Africa Tech Summit in Nairobi, Kenya, on Wednesday, Feb. 15, 2023. The tech summit, held in Kenya's capital, runs from 15-16 Feb.
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South Africa Sued Over Coal Plant Pollution Exemptions

Environmental groups sued to overturn a decision by South Africa’s environment department allowing state-owned Eskom Holdings SOC Ltd. to breach air-pollution limits.

Electricity pylons near the Eskom Holdings SOC Ltd. Kendal coal-fired power plant in Mpumalanga, South Africa, on Friday, Jan. 17, 2025. A rare moment of investor goodwill for South Africa’s most indebted company is being tested by its inability to collect a staggering $5 billion in unpaid bills from cities and towns across the country. Photographer: Waldo Swiegers/Bloomberg
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South Africa Business Mood Hits 14-Year High on Tourism Boom

South African business confidence surged in November to its strongest level since 2011, aided by a tourism boom.

TOPSHOT - A surferrides a wave at Durban's North Beach, on December 11, 2020. - A series of shark attacks in the 1950's made fear the worst for the coastal tourism industry in the KwaZulu-Natal province of South Africa, who attracts more than 6 million visitors each year. To safeguard this tourism sector, authorities have adopted a shark control system largely criticised by environmentalists for its ecological danger. (Photo by Michele Spatari / AFP) (Photo by MICHELE SPATARI/AFP via Getty Images)
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Musk’s Starlink Rallies Support as Namibia Weighs Licensing Bid

Elon Musk’s Starlink Inc. urged Namibians to provide comment on proposed amendments to the country’s regulations as part of the satellite-internet operator’s efforts to obtain a license without ceding ownership.

A technician installs a Starlink Inc satellite-internet communication system antenna on the roof of a home in Accra, Ghana, on Monday, May 26, 2025. MTN Group Ltd., the largest mobile operator in Africa by footprint, has started trials with satellite operators including Starlink in some markets where the service is allowed.
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