South Africa

SARS, The South African Revenue Service has finally won its bid to deny Capitec the R71.5 million VAT return it claimed back in 2017. The tax collector and the bank have …

Virgin Active says its clubs in South Africa are showing good traction on membership recovery following a lift in the restrictions around capacity, in line with lockdown regulations in February …

Absa is expecting a leap of more than 20% in its headline earnings per share for the six months to end June, against the first half of 2021. This was …

The annual sales for retailers got boosted by 27% because consumers have been flocking to Game stores to stock up on generators and inverters as load shedding continues. Game said …

A new $300 million (R4.8 billion) fund has been established to help accelerate the adoption of renewable energy in Africa. Infrastructure investment firm Harith General Partners, and power company Anergi …

Amazon plans to launch an online marketplace in South Africa as part of a global expansion in the coming year. Leaked documents seen by Business insider shows (paywalled)  shows the …

Omnia’s chemicals producer’s results for the year ended 31 March 2022 showed that its headline earnings per share had jumped from to 361 cents in 2021, to 672 cents which …

JSE-listed mining company Gemfields has netted a record $95.6 million (around R1.5 billion) at a range of auctions in Bangkok over the past three weeks. The gemstones were all extracted …

As announced last year at COP26, COP president Alok Sharma will travel to South Africa from 19 to 21 June to support the implementation of the South Africa Just Energy …

Companies in South Africa focused on employee-centric propositions have embraced global maternity leave policies over country-specific policies, says Nicol Mullins, executive committee member of the South African Reward Association (SARA). …