Steinhoff to sell about R4.7bn of Pepkor and lose majority stake.
By Karl Gernetzky. Debt-laden Steinhoff International said on Wednesday it plans to sell up to 6.5% of Pepkor, a move which
By Karl Gernetzky. Debt-laden Steinhoff International said on Wednesday it plans to sell up to 6.5% of Pepkor, a move which
By Carol Paton. @GettyImages. SA Revenue Service (SARS) commissioner Edward Kieswetter says that tax compliance measures are paying off so
Business Reporter. Nedbank has published its updated Capital Expenditure Project Listing for 2022, outlining the big capital projects that are
By Prinesha Naidoo. South Africa’s electricity crisis is costing the economy as much as R900 million per day, according to central
By Antony Sguazzin. South Africa is finalising an implementation plan for an $8.5 billion climate finance deal with some of the
By Lehlohonolo Lehana. South African manufacturing activity remained in positive terrain in January, as a decline in employment and new
Business Reporter. Sales at South African retail giant Shoprite soared 16.8% to R106.3 billion during the six months to the
By Eric Martin. Despite record levels of load shedding, the International Monetary Fund (IMF) expects South Africa’s economy will grow
By Lehlohonolo Lehana. Tongaat Hulett announced that current CEO, Gavin Hudson, has tendered his resignation with effect from 28 February
By Londiwe Buthelezi. A new high court judgment brings good news for Volkswagen, BMW and Mercedes-Benz financing arms – but vehicle
By Londiwe Buthelezi. South Africa’s largest poultry producer, Astral Foods is calling on the government to remove value-added tax (VAT)
By Prinesha Naidoo. The South African Reserve Bank may be gaining the upper hand on inflation, but risks, including power