Companies
Companies
Cartrack parent company Karooooo posts record profit as subscriber growth accelerates
Singapore-headquartered Karooooo has reported a record second-quarter operating profit and accelerated subscriber growth. Strong demand for subsidiary Cartrack’s fleet management and operational intelligence...
JSE CEOs pocket bigger bonuses while women and black executives lag...
Chief executives at the country’s largest listed companies enjoyed another lucrative year as bonus and long-term incentive payouts surged, even as women and black...
Competition Commission moves to revoke Premier-RFG’s R5.6bn merger over ‘non-disclosure’
The Competition Commission has applied to the Competition Tribunal to revoke its approval of a merger between Premier Group and RFG Holdings, alleging that the...
Sanlam moves to buy out Santam minority shareholders in R505-a-share deal
In a move set to reshape South Africa's insurance landscape, Sanlam has launched a bid to acquire all the shares in Santam that it...
Visa launches Infinite Series as banks target SA’s high-rollers
Visa is expanding its push into South Africa's premium banking segment with the launch of the Visa Infinite Series, a flexible platform designed to...
Implats bosses take home 1 200 times more than lowest-paid workers
A record rebound in platinum group metals prices has delivered a dramatic turnaround for Impala Platinum Holdings (Implats), generating soaring profits, stronger cash flows...
Elon Musk’s SpaceX joins SA’s proposed new telecoms law fight
The company owned by the world’s richest man and South African born entrepreneur, Elon Musk, is among the organisations that have weighed in on...
Acsa unveils Siphamandla Mthethwa as new CEO
Airports Company South Africa (Acsa) has appointed Siphamandla Mthethwa as its new chief executive officer effective November 1, following a cabinet decision taken on...
Truworths deals big blow to former executive in court
The Supreme Court of Appeal (SCA) has dismissed an appeal by former Truworths executive Pieter Maritz against an enforcement of a restraint-of-trade agreement, ruling...
Pick n Pay appoints CEO designate as Summers due to exit...
Pick n Pay has appointed former Woolworths South Africa and international retail executive Spencer Sonn as CEO-designate, setting in motion a leadership succession plan...
Harmony taps global debt markets with R8.1bn convertible offering
Harmony Gold Mining Company has successfully priced a US$500-million (R8.1-billion) guaranteed senior unsecured convertible bond due in 2031, marking the miner's latest move to...












