Nigeria’s President Muhammadu Buhari will visit South Africa next month to reinforce the bonds between the two countries after a wave of deadly riots and xenophobic attacks, the South African presidency said on Saturday.
Shares of MTN Nigeria hit a three-month high on Friday after the telecoms company’s offices partially reopened following a shutdown due to anti-South African attacks in the West African country.
South African businesses MTN and Shoprite closed stores in Nigeria on Wednesday (September 4) after their facilities came under attack.
Gauteng police are still looking for an unknown number of suspects following a business robbery at a Shoprite in Bram Fisherville in Soweto on Saturday.
South Africa’s Shoprite said on Monday it would appeal against a 20 million rand ($1.4 million) fine handed to its ticket-selling subsidiary by the country’s Competition Tribunal, which found agreements signed by the firm had hit competition.