U.S retail giant Walmart Inc has launched a 6.4 billion rand ($377.6 million) offer to buy the remaining shares of South African retailer, Massmart. They bought the initial 51% in 2011 …
Mamelodi Sundowns are proud to announce a historic new partnership with EA Sports which sees the club positioned as the only African team in the latest edition of the world-renowned …
Truecaller, a global platform for verifying contacts and blocking unwanted communication, has launched additional features on its Truecaller for Business. The features will enable branded, contextual videos to differentiate business …
South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The rate is the highest …
The Telkom board says its court application to block a Special Investigating Unit (SIU) probe into its historic transactions does not mean it tolerates corruption. On Wednesday, the chairperson of …
Scores of South Africans have raised serious accusations about a major DStv partner’s business practices. South African consumer sentiment gauging platform Hellopeter had just over 1,000 reviews of the company at …
A South African agritech startup, Homefarm, has announced securing R1.7m (approximately $100,000) in a seed funding round. PixelBlue, the parent company of Homefarm, disclosed the raiser in a media release …
Binance has hired former HSBC South Africa global banking head Hannes Wessels to lead its South African operations. Wessels has been at HSBC for 22 years, serving in senior executive …
Thungela Resources has declared an interim dividend of R8.2 billion, or R60 per share, following a record half year in which profit rocketed on the back of strong export coal …
Major Eskom coal supplier Seriti Resources has acquired a controlling stake in renewable energy company Windlab Africa for R892 million. The deal gives Seriti a 51% stake in the wind …