German retailer happy to become part of Mr Price Group
German-based clothing retailer Niedrig Kalkuliert Discount (NKD) Group has expressed joy at becoming part of South African retail giant Mr Price. Alexander Schmökel,... Read more.
Truworths UK division shows gains while retailer’s African branch struggles
Strong growth at Truworths’ Office UK has assisted in Truworths International growth during a difficult trading period as pressure on South African consumers continued... Read more.
Nissan ends South African production by selling Pretoria plant to Chery
Japanese carmaker Nissan has agreed to sell its South African plant in Rosslyn, Pretoria, to Chery SA after nearly 60 years of operating the production line. According... Read more.
Black Friday boosts Clicks Group sales as competitors pile pressure with discounts
Clicks Group has reported higher turnover in the first 20 weeks of its 2026 financial year, pushed by pharmacy sales as competition and supply issues weighed on... Read more.
Investors urged to trade cautiously as ArcelorMittal continues talks with IDC
Steel producer ArcelorMittal South Africa (AMSA) confirmed ongoing engagements with the ArcelorMittal Group and Industrial Development Corporation (IDC) aimed at... Read more.
Nedbank eyes East Africa growth with Kenya’s NCBA takeover
Nedbank has put an offer to acquire controlling stake in Kenyan-based NCBA bank at R13.9-billion. The Notice of Intention to acquire 66% of NCBA’s issued share... Read more.
Sasol raises fuel sales forecast, warns on gas sales volumes
Sasol has revised its fuel sales forecast upward for the 2026 financial year after stronger-than-expected performance at National Petroleum Refineries of SA (Natref),... Read more.
Cartrack drives group’s performance with 16% subscriber growth
Karooooo, the company that owns Cartrack and Karooooo Logistics, has reported growth in its third-quarter results, with Cartrack driving the group’s substantial... Read more.
Mountain Meadow Investments ordered to repay R2m Capitec bank debt
The KwaZulu-Natal High Court has ordered that Mountain Meadow Investments repay more than R2-million bank loan with interest and legal costs. The company had concluded... Read more.
Beef steak, rent, public transport drive inflation to 3.6% rise in December
The consumer price inflation rose in December, ending the year at 3.6% from 3.5% last November. The inflation jumped as higher food prices continued to weigh on... Read more.
