Makro owner Massmart witnessed a billion-rand loss over the 26 weeks ended 26 June 2022 and despite this, its online platforms have performed well. The company believes it will be prepared …
South Africa
- Banking, Finance & InvestmentBusinessSouthern AfricaTechnology
Vodacom launches Vodalend, a cash loan service
Vodacom has launched its cash loan service called VodaLend Cash Advance, a product that allows its customers to take out small short-term cash loans. The mobile network operator said the …
- BusinessInformation & TechnologySouthern Africa
DStv makes an addition of two new channels in June and July
DStv in the past two months added NHK World-Japan and Hilaal TV to its channel list and they are both available to subscribers on all packages. NHK World-Japan launched on …
- BusinessSouthern Africa
Harmony Gold reports a R1 billion loss for the year which ended in June as profits plummets by 120%
Harmony Gold reported a R1 billion loss for the year ended in June as profits plummeted 120%. This was in comparison to a profit of R5.12 billion in the previous …
- South AfricaSPORTSpotlight
Mamelodi Sundowns announces partnership with EA Sports, to feature in Fifa 23
Mamelodi Sundowns are proud to announce a historic new partnership with EA Sports which sees the club positioned as the only African team in the latest edition of the world-renowned …
- BusinessBusiness and EconomyEconomySouthern Africa
Transnet announces a deadlock in wage negotiation as strike continuous
Transnet announced on Friday a deadlock in wage negotiations, with two labor unions raising the prospect of a strike that could further cripple the state-owned logistics company and impact Africa’s …
- BusinessReal EstateSouthern Africa
Cognition Holdings announces sales of 50.01% stake in Private Property for R150 million.
Cognition Holdings has announced that it is selling its 50.01% stake in Private Property for R150 million. The shares will be sold to BetterHome, ooba, and Fledge Capital in a single indivisible …
Pick n Pay has migrated its entire on-premises information technology infrastructure to Amazon Web Services (AWS). The retailer worked with Lemongrass Consulting an AWS premier consulting partner with migration and …
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 …