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Woolies flags slower profit growth as Middle East conflict weigh on...

By Nqobile Dludla JOHANNESBURG, July 30 (Reuters) - South African retailer Woolworths Holdings said on Thursday it expects annual profit to rise modestly after a tough second half, as higher fuel

Cape Town received R12.8bn in property investment

Cape Town central business received a surge in investment as the central business district has attracted R12.8-billion in new property investment. The State of Cape...

Agriculture, finance, property worst BEE performers, reveals report

Despite a decade of progress in broad-based black economic empowerment (B-BBEE) implementation, South Africa's agriculture, financial services and property sectors continue to lag on...

Consumers gamble for debt relief, sink deeper into financial distress

Consumers are turning to gambling in the hope of escaping the debt pressures, but many are instead sinking deeper into financial distress as the...

S&P Global to buy majority stake in African ratings agency Agusto...

By Colleen Goko JOHANNESBURG, July 28 (Reuters) - S&P Global has agreed to acquire a majority stake in pan-African ratings agency Agusto & Co, seeking to deepen its presence in Africa's domestic

MultiChoice powers CANAL+ revenue, earnings growth

Global media and entertainment company CANAL+ has delivered a strong first half boosted by the acquisition of Africa's leading video entertainment and pay-TV platform...