Southern Africa

Cell C, a leading mobile provider in South Africa witnessed a revenue declined from R13.9 billion at the end May 2021 to R13.4 billion this year, while it suffered a …

Distell’s revenue for the year to end-June has surpassed 2019’s pre-pandemic levels. In its results, released on Thursday, the liquor producer said its revenue for the period was R34 billion, …

SARS, SA Revenue Service will appeal against court ruling reinstating two executives who were fired during global consultancy Bain & Company’s controversial restructuring of the tax authority. Johannesburg Labour Court …

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 …

DRDGold on Wednesday reported a 22% fall in profit for the year which ended June 30 mainly due to surging costs. DRDGold’s headline earnings per share (HEPS), South African companies’ …

Eskom has threatened to disconnect the City of Tshwane’s (CoT’s) power over an outstanding electricity bill of R1.6 billion. The utility said it was considering disconnecting the metro as one …

Octodec Investments Limited, JSE-listed REIT announced that it has commenced upgrading its Shoprite building in the heart of the Tshwane CBD, at a cost of approximately R60 million. The facelift …

PayFast and PayGate, Payment processing companies have announced the appointment of Brendon Williamson as their new managing director. According to the company, Williamson as a veteran of the payments and …

Meat analogue manufacturers were given a reprieve after the Johannesburg High Court interdicted the Food and Safety Agency (FSA) from seizing their products from retail stores.  The Consumer Goods Council …

A primary school in Pimville serving roughly 1,000 pupils recently saw its bank account seized while fending off a multimillion-rand claim from Sasfin Bank. Its state subsidy for the year …