South Africa

Cosatu says meat-processing company Eskort was undertaking a mass dismissal of its employees at an operation in Heidelberg, Gauteng. This comes amid wage negotiations between Eskort and employees, where Eskort …

South Africa’s central bank raised its benchmark interest rate by three-quarters of a percentage point to 5.5 percent on Thursday — the steepest hike in a decade. The move — …

Global fast food restaurant KFC has launched a new “high tech” restaurant in Pinelands, Cape Town, featuring digital menus, self-service kiosks and a two lane drive-thru. Kentucky Fried Chicken said …

According to AIDS Healthcare Foundation Africa Bureau chief, Dr Penninah Iutung, patients at the facility will now be transferred to government health facilities where they are set to benefit from …

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 …

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 …

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 …

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 …

Creditors of Mango have accepted R85 million less from government than the R819 million approved by Parliament in a special allocation 18 months ago, in a bid to avoid a …