South Africa

Shoprite Holdings, Africa’s largest food retail group has secured R3.5 billion from the country’s largest banks to further invest in various environmental and renewable-energy linked projects. The JSE-listed group on …

MTN and Telkom on Monday, confirmed that they are still in takeover negotiations. Previously, the companies said their negotiations were “at an early stage” and that there was “no certainty the transaction …

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 …

Eskom has warned that a cold front passing over the country and the shutdown of Koeberg Unit 2 could worsen its generating capacity constraints and require load-shedding to be implemented …

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 …

Standard bank has delivered record earnings in the first half of 2022. The bank published its half-year financial statements on Friday, reporting a 33% jump in its headline earnings to …