South Africa

Pick n Pay’ on Tuesday witnessed a jump in share price from 3% after the group posted sales growth of almost 11% for the 18 weeks to 3 July. Its …

Standard Bank will provide Metrofibre Network with R5 billion in financing to facilitate its fiber roll-out and expand its connectivity into homes and businesses in underserviced communities across the country. …

Huawei has managed to retain a relatively large share of South Africa’s mobile vendor market, despite having lost access to Google Services in May 2019. The manufacturer’s vice president of …

JSE-listed chemicals and energy giant Sasol says it expects production of petroleum products at its Natref refinery – which it owns with Total Energies SE – to resume by the …

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 …

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 …

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 …

South Africa’s central bank has unveiled the biggest increase in interest rates for nearly 20 years in the continent’s most industrial economy, joining the wave of policymakers trying to tackle surging …

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 …