Pick n Pay halts retrenchments of over 22K workers after state intervention
Retail giant Pick n Pay has temporarily halted mass retrenchment processes after a meeting with Minister of Employment and Labour Nomakhosazana Meth on Wednesday.... Read more.
FlySafair cuts fuel surcharge as jet fuel prices ease
Low-cost domestic airline FlySafair has announced a cut to its dynamic fuel surcharge, dropping it to below the 40% peak reached in late March. The surcharge was... Read more.
Bakubung Plantinum Mine to retrench nearly 500 employees
Bakubung Platinum Mine has begun a formal retrenchment process that could affect close to 500 employees across the business. Owned by Wesizwe Platinum, which is... Read more.
Nedbank rolls out AI-powered quick loans to widen credit access
Nedbank has partnered with fintech firm JUMO for a new digital lending solution aimed at expanding access to short-term credit, particularly for consumers who have... Read more.
Media giant Canal+ lists on JSE to deepen African footprint
French media company Canal+ has officially listed on the JSE in a secondary listing, allowing its shares to be traded on more than one market. The listing follows... Read more.
Liam Jacobs makes political U-turn to DA ahead of local government elections
Patriotic Alliance (PA) Johannesburg councillor Liam Jacobs had made a political about-turn to the Democratic Alliance ahead of the local elections after dumping... Read more.
AECI appoints former Reunert chief Ernest Dickson as group CEO
Industrial and chemicals group African Explosives and Chemical Industries (AECI) has appointed former Reunert Limited chief executive Ernest Dickson as its new group... Read more.
Petrol price rises, diesel goes down as government cuts fuel levy
There is yet another blow at the pumps as government fuel levy relief is reduced while petrol prices continue to climb. The general fuel levy relief has been cut... Read more.
Fuel hikes reshape driving behaviour as motorists tighten budgets
More people are driving less and buying less fuel as consecutive price hikes squeeze household budgets amid the Middle East war. This is according to recent data... Read more.
Merafe withdraws notice to retrench 3K workers after Nersa grants power tariff relief
Merafe Resources has withdrawn its retrenchment notice after a breakthrough on electricity pricing for the ferrochrome industry. Through the Glencore-Merafe Chrome... Read more.
