South Africa

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 …

Gauteng’s e-hailing partner drivers criticizes last week’s mediation meetings facilitated by the provincial government which failed to address their concerns. they also slammed their working relationship with Uber and Bolt …

Despite Makro-owner Massmart’s billions-rand loss over the 26 weeks ended 26 June 2022, its online platforms have performed well, and it believes it will be prepared to compete with Amazon if …

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 …

Rebosis Property Fund founded by Sisa Ngebulana is going into business rescue, and its shares have been suspended on the JSE with immediate effect. The property company has been working on …

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 …

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 …

African Bank has come to the rescue of the troubled Ubank. The bank announced on Friday that it is the successful bidder to acquire the majority of Ubank’s disclosed assets …

JSE, The Johannesburg Stock Exchange has disqualified Steinhoff’s former chief financial officer Ben la Grange from acting as a company director for 10 years and fined him a total of …

Nedbank has been ordered to cough up a R2 million penalty for implementing a transaction before competition authorities approved the deal, the Competition Tribunal said on Thursday. In a statement, …