Pepkor-Shoprite furniture merger gets provisional green light.
By Bianke Neethling. South Africa’s competition watchdog has approved Pepkor’s acquisition of Shoprite Furniture, with some conditions. Pepkor is South
Business
South African retail sales rise 3.9% year on year in February.
By Lehlohonolo Lehana. Retail sales rose 3.9% year on year in February after rising by a 7.0% in January, Statistics
SA Reserve Bank warns the uncertainty risks higher rates.
By Ntando Thukwana and Katlego Mtshali. South Africa’s central bank cautioned that borrowing costs around the world are likely to
SA’s February mining output falls 9.6% year on year.
By Tasneem Bulbulia. South Africa’s Mining production decreased by 9.6% year-on-year in February, Statistics South Africa reports. The largest negative
First National Bank to set up private bank services for Ghana’s wealthy.
By Prinesha Naidoo, Bloomberg. Caption: Eric Enslin, the chief executive of FNB’s private banking and advisory unit. A unit of
SA’s February manufacturing output down 3.2% y/y.
By Marleny Arnoldi. Manufaturing production decreased by 3.2% year-on-year in February, with the largest negative contributions made by the motor
Sim Tshabalala to serve as the interim Standard Bank SA CEO.
By Lehlohonolo Lehana. Standard Bank has announced that Group CEO Sim Tshabalala will take over as the Interim CEO of
Trump tariffs take effect hiking trade levies to a 100-year high.
By Catherine Lucey, Bloomberg. President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the
MTN CEO Mupita warns Trump’s tariffs may impact telecom services.
By Nkosinathi Ndlovu. Image: Waldo Swiegers. MTN Group CEO Ralph Mupita warned on Tuesday that the impact of US President
ATNS reports progress on maintenance of IFPs amid air traffic failures.
By Lehlohonolo Lehana. South Africa’s air traffic management and air traffic control agency, Air Traffic and Navigation Services (ATNS), has
South African rand extends drop on tariffs and local politics.
By Mpho Hlakudi. The South African rand extended declines against the dollar on Friday amid concerns about an escalating global
Retrenchments proposed in Murray & Roberts business rescue plan.
By Marleny Arnoldi. @M&R. JSE-listed engineering and contracting group Murray & Roberts (M&R) has advised that creditors will vote on