Aspen’s share price surges after their drug is hailed as a breakthrough in the fight against COVID-19
South African pharmaceutical company Aspen’s share price surged more than 6% on the JSE in early trade on Wednesday after it said it owned the rights to... Read more.
Massmart says it missed sales of R2,3 billion of alcohol in April and May
South African retailer Massmart, which owns brands such as Game and Makro said it lost out on R2.3 billion in sales of alcohol during April and May when the... Read more.
Future is gloomy for SMMEs
Report calls for the intervention of state... Read more.
SA on course to establish a National Petroleum Company
South Africa is one step closer to having a National Petroleum Company after the Central Energy Fund (CEF) board gave management the green light to start... Read more.
Some companies shortchanging employees of COVID-19 UIF money – Thulas Nxesi
Minister of Employment and Labour Thulas Nxesi, has accused some employers of abusing the COVID-19 Unemployment Insurance Fund (UIF) relief scheme. Since... Read more.
PIC given green light to buy a minority stake in Alzu Agri
The Public Investment Corporation (PIC) has been given the green light by the competition authorities to conclude its purchase of a 30% stake in Alzu Agri.... Read more.
SAB enters the glass manufacturing market
South African Breweries (SAB) said today, it had made its foray into the glass manufacturing industry with the purchase of Nampak Glass by Isanti Glass –... Read more.
KZN govt warns liquor license holders against selling alcohol on June 16
The KwaZulu-Natal (KZN) government has issued a stern warning to tavern owners not to sell alcohol tomorrow as the country observes June 16. KZN MEC for Economic... Read more.
Thirteen of SA’s universities ranked among the best in the world
Thirteen of South Africa’s 26 public universities made it into the top 2000 best universities in the world, according to the latest Center for World University... Read more.
Joel Netshitenzhe, Sanlam CEO part of team tapped by Ramaphosa to turnaround SOEs
President Cyril Ramaphosa has appointed a high-powered to as members of the Presidential State-Owned Enterprises Council (PSEC) to support government repositioning... Read more.