More sabotage at Eskom as Hendrina power station cable is cut.
By Lehlohonolo Lehana. Power utility Eskom has been hit yet again by an act of sabotage which further limits its
Business
Economists warns of more price increases outside of food and fuel.
By Lehlohonolo Lehana. The Monetary Policy Committee (MPC) increased the repo rate by 50 basis points to 4.75%, following on
Sales at Builders and Game fall, but Makro sales grow.
Business Reporter. Massmart on Thursday (19 May) reported a marginal decline (0.2%) in group sales for the 19-week period ended
SA Reserve Bank increases repo rate by 50 basis points to 4.75%.
By Lehlohonolo Lehana. The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hike interest rates by 50
Ninety One hits record annual earnings despite challenges.
Business Reporter. Global investment manager Ninety One on Wednesday (18 May) reported a 31% increase in profit before tax for
South Africa’s inflation steady as massive interest-rate hike looms.
By Prinesha Naidoo. South Africa’s inflation rate held steady near the ceiling of the central bank’s target range on the eve
Court dismiss Moyo’s applications to declare Old Mutual directors delinquent.
By Lehlohonolo Lehana. The High Court dismissed the applications by Peter Moyo (former CEO of Old Mutual) to have the
Pick n Pay announces changes to its core retail brand.
Business Reporter. @JohannBotha. Retailer Pick n Pay has announced plans to take on Shoprite and Woolworths across three main market
Twitter’s board recommends shareholders vote to approve Elon Musk deal.
By Maxwell Adler. Twitter Inc’s board unanimously recommended that shareholders approve Elon Musk’s bid to take the social media company
Technology company Altron delivers solid results in a tough environment.
By Lehlohonolo Lehana. JSE-listed technology company Altron has announced its financial results for the year to February 2022, during which
Economists predict big rate hike with an announcement expected on Thursday.
By Lehlohonolo Lehana. The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to increase the repo rate
Vodacom posts earnings increases as data traffic & a demand for mobile money grew.
By Lehlohonolo Lehana. Vodacom Group on Monday (16 May) reported a 4.5% increase in revenue to R102.7 billion for the