Vodacom Group records R43.9bn in Q3 revenue growth
Strong demand for mobile data, digital services and financial products has driven up revenues for telecommunications giant Vodacom in the third quarter ended last... Read more.
Higher PGM prices set to lift Implats profits
Mining giant Impala Platinum Holdings (Implats) has given a signal of sharp recovery in earnings ahead of the half-year results to be released next month. In a trading... Read more.
Mpact’s plan to close Springs Paper Mill puts 377 jobs in jeopardy
Paper and plastic packaging group Mpact has announced plans to shut down its Springs Paper Mill, a move that could leave 377 workers without jobs next month. The... Read more.
Sanlam transfers R400bn assets to Ninety One to seal long-term deal
Sanlam Investments and Ninety One have sealed a long-term strategic partnership as leading asset managers. Carl Roothman, Sanlam Investments CEO, said nearly R400-billion... Read more.
Vodacom’s R85bn investment plan tops Nedbank’s capital expenditure projects
Nedbank’s annual capital expenditure (capex) listings have revealed that Vodacom has emerged as the leading private investor in planned fixed investment projects.... Read more.
Treasury sets disciplinary hearing against GPAA CEO Kedibone Madiehe
Suspended Government Pensions Administration Agency (GPAA) CEO Kedibone Madiehe is set to face a formal disciplinary hearing as the National Treasury investigates... Read more.
Troubled medical scheme wants curator removed over dark cloud of insolvency
The troubled Sizwe Hosmed medical scheme – whose members are mainly in the steel, automative, transport and coal industries – is embroiled in a fresh battle... Read more.
Light at end of tunnel as Transnet freight rail increases volumes, revenue
State-owned logistics company Transnet is showing signs of recovery under its Tactical Recovery Plan, although freight rail volumes remain well below the peak of... Read more.
Woolworths SA delivers steady growth despite weak consumer spending
Woolworths South Africa recorded sales growth that outperformed the market during a challenging trading period as cautious consumers continued to limit spending.... Read more.
Experts weigh in on central bank’s decision to keep repo rate unchanged
Economists and consumer experts have revealed that the decision to keep the repo rate unchanged reflect a balance between improving economic conditions and persistent... Read more.
