Business

Ex-Takealot CEO Mamogae Mahlare appointed on Foschini board

Former Takealot group CEO and executive chairperson Mamogae Mahlare has been appointed independent non-executive director for Foschini Group. The seasoned board director and C-suite executive...

South32 to sell aluminum business to Alcoa in R92bn deal

Mining company South32 has agreed to sell its aluminium value chain assets to Alcoa in a deal worth up to $5.6-billion (approximately R91.7-billion). The agreement...

R250m defamation claim looms over Mantengu as legal risks mount

The R250-million defamation lawsuit filed by Liberty Coal against Mantengu Limited, its former chief executive Mike Miller, and executive Jill Hills remains before the...

Government not threatened, deportations to continue

The government said it was not threatened by the marches against illegal immigration after the nationwide demonstrations on Tuesday. The demonstrations were led by...

Harmony hits gold target for 11th year as worker fatality rate...

Harmony Gold chief executive Beyers Nel has announced that the company has met its annual gold production for more than a decade. The 11-year target...

JSE appoints Abdool-Samad and Wainwright to board

The Johannesburg Stock Exchange has added two independent non-executive directors to its board to help strengthen expertise in governance, finance and capital markets. Tasneem Abdool-Samad...

Group Five ends six-year business rescue

Group Five has completed one of the largest business rescue processes, which took six years to complete. The exit for both Group Five Construction and...

Financial strain force Gen Z, millennials to delay major milestones

Nearly half of South Africa's Gen Z and more than half of millennials are putting major life decisions on hold as rising living costs,...

Financial sleuth Nosisa Fubu takes over as Raubex lead director

Raubex, an infrastructure development and construction materials supply group, has appointed Nosisa Fubu as a lead independent director with immediate effect. Fubu replaces Setshego Bogatsu...

Takealot hits profit milestone as Naspers delivers blockbuster year

Naspers has reported one of its best annual results in recent years, with its South African operations in the spotlight after the e-commerce giant...