Discovery Life might charge unvaccinated people more for new policies.
By Lehlohonolo Lehana. Discovery Health offices in Sandton, Johannesburg. Picture: Gallo Images. Discovery Life says that being vaccinated against Covid-19 […]
Business
Embattled power utility outlines plan to move away from coal.
By Lehlohonolo Lehana. Eskom chief executive Andre de Ruyter laid out a funding plan to help the company, which generates
Big petrol price increase expected in August for motorists.
Staff Reporter. The end of month data from the Central Energy Fund points to a sizeable increase in petrol and
Rating agency S&P sends caution over South Africa’s growth prospects.
By Lehlohonolo Lehana. South Africa’s week of unrest earlier in July could shave as much as 0.7% off the country’s
Capitec Bank on a hiring spree to fill around 300 positions.
By Lehlohonolo Lehana. Capitec Bank chief executive officer Gerrie Fourie says the bank aims to fill around 300 positions over
SAA interim CEO says Mango Airlines to enter business rescue.
Staff Reporter. Mango Airlines, the low-cost arm of state-owned South African Airways (SAA), will be placed into business rescue, says
Tiger Brands recalls 20 million KOO and Hugo’s canned products.
By Lehlohonolo Lehana. Tiger Brands is recalling 20-million canned vegetable products at a cost of between R500m and R650m, over
High flying Anglo Platinum’s stakeholders to receive R40bn boost.
Staff Reporter. Anglo American Platinum (Amplats) declared a record interim dividend as higher platinum group metal (PGM) prices combined with
Sipho Maseko to step down as Telkom CEO.
By Lehlohonolo Lehana. Telkom group chief executive officer Sipho Maseko will step down on 30 June 2022. In a shareholder
Pick n Pay CEO Pieter Boone calls on Ramaphosa to lift restrictions on alcohol.
By Lehlohonolo Lehana. Pick n Pay group chief executive Pieter Boone has called for president Cyril Ramaphosa to lift the
Reserve Bank keeps repo on hold, but warns of unrest impact on growth.
By Lehlohonolo Lehana. The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged
Rating agency Moody’s downgrades SA metros to junk status.
Staff Reporter. Ratings agency Moody’s has downgraded five of South Africa’s largest metropolitan municipalities, citing concerns around liquidity and finances.