Business
A good week for South Africa – but a timely warning
This past week offered South Africans both encouragement and caution.
On the positive side, improved credit outlooks, capital inflows into the bond market and a...
Government takes steps to release land for farmers
We typically don’t comment much on budget vote speeches. Still, the Presidency’s Budget Vote speech, delivered by President Cyril Ramaphosa on Tuesday, carried vital...
Community celebrates Marico Chrome victory amid fresh questions
The traditional community that gave rise to former Bophuthatswana president Lucas Mangope has welcomed a major North Gauteng High Court, Pretoria, victory restoring control...
SAB’s black shareholders see red over dividend payouts
Black shareholders of brewing firm SAB are up in arms, alleging they have not seen financial returns on their broad-based black economic empowerment (B-BBEE)...
Beer and wine could cost much more as Treasury reviews sin...
National Treasury is mulling changes in how beer is taxed, a move that could see excise duties on malt beer – the most consumed...
TFG plans store closures and spending cuts as profit drops
Fashion retailer TFG, which owns such brands as Foschini, Markham, Sportscene and Exact, said on Friday it will step up cost cuts, slowing store...
Fitch upgrades South Africa for first time in over 20 years
South Africa has received a significant boost from global credit rating agency Fitch Ratings, which has upgraded the country’s long-term foreign and local currency...
Mr Price expands store network as profits cross R6bn mark
Mr Price group has reported solid annual financial performance amid volatile trading environment and pressure on consumer spending.
The group increased total revenue by 4.2%...
Mozambique tightens grip on mining with 15% state stake rule, local...
Mozambique's President Daniel Chapo has signed a new law requiring 15% state ownership in all mining ventures and local processing of minerals, tightening control...
Canal+ targets lower DStv subscriptions through bundled streaming
Cash-strapped DStv subscribers could soon see some relief as Canal+ moves to reduce monthly subscription costs.
The French media giant, which now owns MultiChoice, is...
