Pick n Pay has launched a new premium range under its private label, targeting customers in its newly revamped middle to top-end stores. The label – The Crafted Collection by …
South Africa
- PoliticsSouthern Africa
Nelson Mandela Bay signs a coalition government, opposition party takes a step closer to ousting ANC
Opposition parties in the Nelson Mandela Bay Municipality have signed a coalition government agreement, taking the first step to oust the ANC-led alliance governing the metro. On Thursday, parties met …
- BusinessSouthern AfricaTransportation & Logisitics
Transnet swings from over R8bn FY loss to a R5bn profit
State-owned ports and rail logistics monopoly Transnet has posted a recovery from the Covid-19 financial fallout, reporting a R5 billion profit for its full-year ended 31 March 2022. This means it has …
Altron System Integration, a leading South African technology solutions provider, has been appointed as an official Aruba Networks Managed Service Provider (MSP). This achievement highlights Altron’s position as an expert …
Mark Dytor, who has been with the company for 38 years, was appointed group CEO in 2013, after serving in various senior roles in the company. “I have had a …
- BusinessSouthern Africa
South Africa’s major JSE-listed food retailers shield consumers from rising food prices
South Africa’s major JSE-listed food retailers are continuing to play a part in trying to shield already compromised consumers from spiking food costs by keeping internal food inflation levels low. …
- Banking, Finance & InvestmentBusinessSouthern Africa
South Africa’s banking regulator warns SA banks against high risk of money laundry
South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas …
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 …
- Banking, Finance & InvestmentSouthern AfricaTechnology
Standard Bank to provide Metrofibre Network with sR5 billion deal
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. …
- BusinessSouthern AfricaSpotlightTechnology
Huawei acquires a large share in South Africa without Google services
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 …