Beyoncé Knowles-Carter has joined forces with Moët Hennessy, a subsidiary of LVMH, to create SirDavis, a new whisky. The first-of-its-kind joint venture reflects a shared vision between Knowles-Carter and Moët Hennessy, two vanguards of culture and craft, around the future of American whisky. This unique product was years in the making after Knowles-Carter, a Japanese...
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Qatar airways acquires 25% stake in South Africa’s Airlink
Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The partnership between Qatar Airways and Airlink seeks to align both carriers’ loyalty programs – Qatar Airways Privilege Club and Airlink Skybucks. “The announcement is a continuation of the multi award-winning airline’s ambition to further develop its operations across...
UK competition watchdog accepts Meta’s changes to ad data rules – reports
Britain’s competition watchdog said on Tuesday it has accepted Meta’s proposed changes to the way it uses the data of customers advertising on the global social media platform. In May, Meta had pledged to limit how it uses advertising customers’ data to prevent it from gaining an unfair advantage. Under the original commitments, advertisers on Meta platforms...
Uber and Bolt drivers in Mzansi to embark on 4-month protest till December
The Western Cape E-Hailing Association (WCEA) has announced that its members, which include drivers for popular e-hailing apps such as Uber, Bolt, and inDrive, will embark on monthly protest action until December. The WCEA members will go offline for one day in each of the upcoming months starting today, 20 August 2024 in protest of...
HSBC to offload its South Africa business operations to focus on Asia
HSBC Holdings is weighing a sale of its South African businesses as the lender focuses on Asian markets, according to people with knowledge of the matter. The South African branch business and securities unit have drawn interest from bidders that include banks from the region as well as China and the United Arab Emirates, said...