Restaurants in South Africa and takeaway sectors are seeing a structural shift, says John Loos, property sector strategist at FNB after more than two years of Covid restrictions and increased …
Southern Africa
Debt-laden sugar and property group Tongaat Hulett has had its shares suspended from trading on the JSE for the second time in three years. The embattled KZN-based company confirmed the …
Major retail outlet Makro has launched its first stand-alone shopping app which will enable customers to purchase merchandise, liquor, and pantry items, remotely. The Makro Shopping App, available to Apple …
- Southern AfricaTransportation & LogisiticsTrending Today
South African Airways and Kenya Airways sign new codeshare deal
SAA, South African Airways and Kenya Airways have signed a new codeshare agreement. The deal enables travelers to combine flight segments and baggage on a single ticket as the codeshare agreement …
Restaurants in Cape Town has been ranked number 37 in the World’s 50 Best Restaurant List, with La Colombe, also in Cape Town, and the small restaurant Wolfgat on the West …
- Banking, Finance & InvestmentBusinessSouthern Africa
Standard Bank cuts ties with Iqbal Survé’s Sekunjalo group
Standard Bank says it has decided to cut its ties to Cape Town businessman Iqbal Survé’s Sekunjalo group following a “comprehensive client review process”. The bank was one of the …
- AfricaBusinessSouth AfricaSouthern Africa
SARS strike impact endures, forcing scores of branches to close
The South African Revenue Service (SARS) said the ongoing strike at its operations has caused continued delays, forcing the tax body to close 40 branches throughout the country. The Public …
- AfricaBusinessEnergySouth AfricaSouthern Africa
Africa’s largest renewable energy IPP to be sold to Egyptian company
Mainstream Renewable Power together with investment company Actis have announced the sale of Africa’s largest pure-play renewable energy independent power producer (IPP) Lekela Power, to Egyptian company Infinity Group and …
- BusinessEnergyOil & GasSouthern Africa
Sasol declares force majeure on petroleum product as Natref is forcefully shutdown
Sasol has declared a force majeure on the supply of petroleum products after key refinery Natref was forced to shut down on Friday due to delays in the arrival of …
- BusinessEnergyOil & GasSouthern Africa
PASA: R1bn Investment in SA’s oil and gas industry gets halted by Legal action
According to an official from PASA, Petroleum Agency SA, Legal processes lodged by coastal communities to block oil and gas exploration effectively halted R1 billion in investment into the country. …