South Africa

Sugar producer Tongaat Hulett says its annual results for the year ended March 2022, will be delayed. The embattled group has been grappling with a R6.8 billion debt pile, leading …

Technology group EOH has concluded the sale of four information services businesses managed by its subsidiary EOH Mthombo, in a R422-million transaction with Bachique 842. The companies that have been offloaded are …

Telkom, South Africa’s mobile’s business biggest communication services provider is showing signs of cooling and the company’s new CEO Serame Taukobong plans to “stabilize” the business. Telkom’s share price on …

SARS, South African Revenue Service has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who fail to …

CEO The Foschini Group (TFG) says the company is planning a new “omni-channel platform” which will be a first for South Africa. During the group’s results announcement on Friday CEO …

MultiChoice, Africa’s leading entertainment company is looking to spend half its content investment on African-made shows with local actors and producers within the next two years. The aim by Africa’s …

TFG – the JSE listed vertically integrated clothing, homeware and furniture retailer has staged a strong ‘post Covid’ recovery, with full-year revenue hitting a record R46.2 billion for its year …

Comair’s business rescue practitioners (BRP) have lodged a court application to liquidate the airline after they failed to raise the funding needed to save it and resume operations, the BRPs …

The Shoprite Group which offers global money transfers to 100 different countries has warned of a suspected data “compromise”. Customers who did money transfers to and within Eswatini and within …

Standard Bank has announced the appointment of Yewande Sadiku, the immediate past CEO of the Nigerian Investment Promotion Council (NIPC), as Head of Investment Banking, International. This was confirmed via …