Paul Modjadji’s directorial film The Deal premiered at the Nelson Mandela Foundation in Houghton on the 14th of June 2022. Starring two SAFTA lifetime award winners, Dr. Jerry Mofokeng wa …
Category:
Southern Africa
Despite dedicating 250 pages to wrongdoing and failures at the Passenger Rail Agency of South Africa (Prasa), commission chair Chief Justice Raymond Zondo said that “much about the ills at …
- BusinessSouthern AfricaTransportation & Logisitics
FlySafair adds new routes, takes advantage of rival’s collapse
FlySafair, South African airline plans to add at least 10 new routes across sub-Saharan Africa to take advantage of a gap in the market left by the collapse of domestic …
- BusinessFood ProductionSouthern Africa
Coca-Cola argues that retrenchment process was necessary at the time
The Competition Appeal Court has ruled that CCBA, a manufacturer, bottler and distributor of Coca-Cola, breached a merger condition when it cut the jobs in 2019 and had it not …
SARS, The South African Revenue Service has finally won its bid to deny Capitec the R71.5 million VAT return it claimed back in 2017. The tax collector and the bank have …
- BusinessSouthern Africa
Virgin Active to combat work from home trends, plans flexible pricing and online offerings
Virgin Active says its clubs in South Africa are showing good traction on membership recovery following a lift in the restrictions around capacity, in line with lockdown regulations in February …
- Banking, Finance & InvestmentBusinessEconomySouthern Africa
Absa expects an increase of 20% in earnings per share
Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …
- BusinessSouthern AfricaTechnologyTelecommunications
Cell C recapitalization hits a snag as large lender fails to meet deadline
The process aimed at recapitalizing Cell C hit a snag this week after a large lender failed to meet a deadline for the submission of instructions, the company announced on …
- AmazonBusinessEnergySouthern AfricaTechnology
Game witnesses sales boost by 27% on generator and inverter as load shedding continues
The annual sales for retailers got boosted by 27% because consumers have been flocking to Game stores to stock up on generators and inverters as load shedding continues. Game said …
- BusinessEnergySouthern Africa
Harith General partners launches new R4.8bn to fund renewable energy projects.
A new $300 million (R4.8 billion) fund has been established to help accelerate the adoption of renewable energy in Africa. Infrastructure investment firm Harith General Partners, and power company Anergi …