Southern Africa

Mr. Price Group has granted CEO Mark Blair a R32.931 million bonus in the year to 2 April 2022, in the form of an allocation in its group forfeitable share …

The City of Cape Town will start paying cash to commercial and industrial customers to feed power to the grid in an effort to end load shedding. Executive Mayor Geordin …

Telkom is in the process of auctioning off the unused commercial property in its real estate portfolio, with the next batch of buildings set to go under the hammer in …

Twitter reported disappointing second-quarter sales on Friday, another blow to a company that is already fighting a high-profile legal battle with Elon Musk over the fate of the social network.  …

The South African Post Office says it has shut down 144 branches across the country – mainly due to unprofitability, congestion and crime. Responding in a written parliamentary Q&A, the …

Fashion retailer the Cotton On Group has joined several other leading name brands in South Africa by moving its headquarters and central distribution centre to Waterfall. Situated in Waterfall Logistics …

JSE-listed company Grindrod has appointed Xolani Mbambo as its new chief executive on the 1 January 2023, Mbambo will succeed current CEO Andrew Waller who has been in the role …

Troubled JSE-listed fishing company Oceana Group may be on the road to recovery, if its performance expectations for the second half of its financial year are anything to go by, …

Impresa Capital has announced that it has inked a deal with Norwegian online classifieds specialist Adevinta to acquire Gumtree South Africa for an undisclosed sum. It said this marks the first …

Cosatu says meat-processing company Eskort was undertaking a mass dismissal of its employees at an operation in Heidelberg, Gauteng. This comes amid wage negotiations between Eskort and employees, where Eskort …