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Boxer Retail surged in its Johannesburg debut following South Africa’s biggest initial public offering since 2017. The stock gained 17% to R63.01 at 9:07 a.m. local time, up from the IPO price of...
Takealot, South Africa's biggest pure-play online retailer, on Wednesday opened its third distribution centre in the coastal province of KwaZulu-Natal, as it seeks to offer faster deliveries in the...
Speakers participating in the Mapungubwe Institute for Strategic Reflection’s (Mistra’s) ninth yearly platinum group metals (PGM) roundtable, on November 27, agreed that South Africa has potential...
JSE-listed packaging manufacturer Nampak expects to report headline earnings a share from continuing operations of R31 to R35 for the financial year ended September 30, compared with the headline...
Electronics manufacturer Hisense has opened a museum of television, the Tevolution Museum, in Cape Town. In partnership with the Western Cape Department of Cultural Affairs and Sport and the South...
The International Monetary Fund (IMF) has again urged South Africa to implement its economic reforms “ambitiously”, while arguing for priority to be given to reforms in the electricity and...
Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two...
Vehicles manufactured in India accounted for 70% of the 108 000 light vehicles under R300 000 sold in South Africa in 2023 through the dealer network, says market intelligence group Lightstone. The...
South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic...
Food and non-alcoholic beverage (NAB) inflation (henceforth to be referred to just as food inflation) in South Africa fell again in October, the Bureau for Food and Agricultural Policy (BFAP) think...
South Africa’s Trade, Industry and Competition Minister Parks Tau is appealing an order by the nation’s Competition Tribunal that blocked Vodacom Group’s R13.2-billion deal to buy a stake in...
Power utility Eskom says it has successfully completed its prepaid meter Key Revision Number (KRN) rollover project, but has set a new deadline of December 13 to assist paying customers who are...
Industry body South Africa Wine has denounced government’s proposed excise tax increases on wine, saying it could contribute to job losses and force producers out of the market. The proposed tax...
South Africa will issue import permits for genetically engineered white and yellow corn from the US after a mid-summer drought that caused 22% drop in local production. South Africa’s Department of...
The Absa Manufacturing Survey for the fourth quarter of this year showed that production, domestic and export sales, and new orders have improved and recorded better levels than initially expected....
Automotive quality control specialist Chrisnelsa, in collaboration with government entity the Automotive Industry Development Centre and UK-based EV training institute Duplex Business Services,...
State-owned power utility Eskom has welcomed the decision by international ratings agency S&P Global Ratings to upgrade Eskom's 'B' long-term global-scale foreign and local currency ratings to...
Mobile network operator Vodacom and connectivity and telecommunications infrastructure company Maziv have decided to lodge a notice of appeal with the Competition Appeal Court after the Competition...
Goldman Sachs is making a contrarian case for a steep slowdown in South Africa inflation next year, setting itself apart from other observers and the country’s central bank. “We think inflation...
African mobility services provider Zeda achieved record revenue of R10.5-billion for the financial year ended September 30 – a 14.5% year-on-year increase – and based off a smaller fleet than...
The Department of Mineral Resources and Energy (DMRE) has reiterated its aim of securing Cabinet approval for a new Integrated Resource Plan (IRP) for electricity by the end of March after...
UK-based retail and sports equipment company Frasers Group has concluded a deal to acquire South African sporting, outdoor and recreation goods company Holdsport Group from private equity...
A better understanding of the scale, challenges and business models of businesses in township economies can help to create better financing and policy support that will help township businesses to...
JSE-listed retail real estate investment trust Vukile Property Fund has reported a 6% increase in its interim cash dividend to 55.2c a share for the six months to September 30. The company, in a...
JSE-listed real estate investment trust Attacq has reiterated its confidence in its ability to achieve distributable income a share growth of between 17% and 20% in the 2025 financial year ending...
The South African Institute of Auctioneers (SAIA) has published a comprehensive new booklet to simplify the auction process for buyers, sellers and the general public. The ‘SAIA Auction Information...
After starting the year with an El-Niño-induced drought that negatively impacted on summer crops, high interest rates, animal disease woes and the persistent logistical crisis, sentiment in the...
As sovereign debt investors concerned about climate change scrutinise national responses to rising global temperatures, they’re increasingly finding that wealthier nations aren’t doing their part...
The motor vessel United Heavy Lift Fresh berthed at the Durban Container Terminal (DCT) Pier 1 last week to deliver the first nine of 16 Liebherr rubber-tyred gantry crane (RTG) component batches....
State-owned air traffic control agency, Air Traffic and Navigation Services (ATNS) has posted on professional social media that the Instrument Landing System (ILS) flight procedure for the second...
The National Research Foundation (NRF) has announced that it and its parent Ministry, the Department of Science, Technology and Innovation (DSTI), have jointly launched a new environmental...
Hard choices are having to be made to enable the Gauteng provincial government (GPG) to meet its e-toll debt obligations. In 2022, the GPG accepted its 30% debt contribution to settle South African...
Multidisciplinary construction group Stefanutti Stocks says it is still commercially solvent despite its current liabilities exceeding its current assets by more than R1.2-billion and its total...
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