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Robert B. Zoellick, the president of the World Bank, has spent half of his time during his latest trip to China in persuading local companies including the country's sovereign fund to invest in Africa ...

Johannesburg — CIC Energy yesterday said it had extended its engineering, procurement and construction contract with Shanghai Electric to beyond the finalisation of SA's second integrated resource ...

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JOHANNESBURG (Reuters) - China's sovereign wealth fund has taken a 25 percent in South Africa's unlisted but prominent Shanduka Group, the latest investment by the Asian giant keen to gain greater ...

CIC Insurance Group shareholders have approved the creation of three new subsidiaries, including a pharmaceutical company, a micro-insurance arm, and a Ugandan asset management firm as part of a ...

CIC Insurance Group is trimming part of its workforce through a voluntary early retirement (VER)/programme as part of a five-year (2021-2025) corporate restructuring plan seeking to bolster ...

MOSCOW (Reuters) - Energy trader Vitol is taking a 9.1 percent stake in South Africa miner CIC Energy Group as part of its strategy to develop a substantial coal business for the long-term, a Vitol ...

Kenya’s listed insurer CIC Insurance Group has received a $13.95 million windfall from the partial sale of its prime property in Nairobi, marking a major breakthrough in its bid to pay off a $26.35 ...

Kenya’s listed insurer CIC Insurance Group has received a $13.95 million windfall from the partial sale of its prime property in Nairobi, marking a major breakthrough in its bid to pay off a $26.35 ...