South Africa

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 …

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 …

Blue Label Telecoms’ decision to buy Cell C has destroyed billions in shareholder value, but it has not deterred the company from pumping more money into the mobile operator. Blue …

Takealot Group CEO Mamongae Mahlare says the potential launch of an Amazon marketplace in South Africa in 2023 is a “compliment” to Takealot and its customers. In an interview with …

Spur Corporation’s revenue over the past year jumped by 33% to R2.3 billion, while sales at its franchise restaurants grew by 28% now slightly ahead of its 2019 pre-pandemic performance. …

South Africa expects Total Energies to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the …

Checkers Sixty60 and Pick n Pay asap, online grocery delivery services have reported great financial performance in the past year. While the on-demand grocery delivery services make up less than …

City Logistics, South Africa’s largest privately-owned logistics provider and private equity management company Clearwater Capital have partnered to acquire 100% of the Fastway Couriers franchise in South Africa. The value …

Less than two months after Naspers and Prosus announced that they were offloading some of their stakes in Chinese tech giant Tencent to buy back their own shares, Naspers said on Wednesday …

MTN has appointed outgoing Independent Communications Authority of South Africa (Icasa) CEO Willington Ngwepe, as it chief of staff, it was announced on Tuesday. Ngwepe, whose term at Icasa comes …