Edition:
United Kingdom

Emma Rumney

UPDATE 1-S.Africa insurers' offer in COVID claims fight too little too late for some

31 Jul 2020

* Many customers say they won't qualify (Adds comment from Santam, paragraphs 11,12)

S.Africa insurers' offer in COVID claims fight too little too late for some

30 Jul 2020

JOHANNESBURG, July 30 South African small businesses fighting rejected coronavirus-related claims said insurers' offers of relief are too little too late for many and could leave some already struggling to survive with nothing at all.

UPDATE 2-S.African insurers Old Mutual, Guardrisk offer to settle with virus-hit firms

29 Jul 2020

* Many companies still without help (Recasts with Old Mutual, adds details)

UPDATE 3-S.Africa's Steinhoff offers $1 bln to settle global lawsuits

27 Jul 2020

* VEB supports proposed settlement (Adds VEB response, edits)

South Africa's Distell plays chess to beat lockdown wine glut

15 Jul 2020

CAPE TOWN At a centuries-old vineyard overlooked by South Africa's Drakenstein mountain, the country's biggest single wine exporter Distell is battling a problem of plenty. | Video

South Africa's Distell plays chess to beat lockdown wine glut

14 Jul 2020

CAPE TOWN, July 14 At a centuries-old vineyard overlooked by South Africa's Drakenstein mountain, the country's biggest single wine exporter Distell is battling a problem of plenty.

Old Mutual makes acting CEO permanent, a year after sacking predecessor

03 Jul 2020

JOHANNESBURG Old Mutual said on Friday acting CEO Iain Williamson had been made permanent, ending a year of uncertainty over who will lead one of South Africa's biggest insurers.

UPDATE 2-Old Mutual makes acting CEO permanent, a year after sacking predecessor

03 Jul 2020

* Seen as competent Old Mutual veteran (Adds shareholder comment, details)

Steinhoff faces legal claims of more than $10 billion

01 Jul 2020

JOHANNESBURG Steinhoff International , battling the fallout from a massive accounting fraud, faces legal claims amounting to more than 9 billion euros ($10.10 billion), the South African retailer's annual report showed on Wednesday.

UK Export Finance set to back Total's $20 billion Mozambique LNG project - source

26 Jun 2020

JOHANNESBURG/LONDON Britain's export credit agency UK Export Finance (UKEF) is set to back a $20 billion (£16 billion) liquefied natural gas (LNG) project in Mozambique, a source with direct knowledge of the matter told Reuters on Friday.

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