SA’s top poultry producer Astral appoints Arnold as CEO.
By Lehlohonolo Lehana. Gary Arnold has been appointed as the new CEO of Astral Foods, South Africa’s largest poultry producer,
Business
Canal+ deal will help Multichoice take on Netflix says Calvo Mawela.
By Loni Prinsloo and Jennifer Zabasajja. MultiChoice chief executive officer Calvo Mawela is preparing to take on US streaming giants as
Telkom executes search and seizure court order on company that stole customer data.
By Daniel Puchert. Telkom said it executed a search and seizure court order obtained from the Gauteng High Court against
Multichoice records 99% decline in its half-year profit as subscriptions fell.
By Sfundo Parakozov. MultiChoice Group on Tuesday reported a 99% fall in half-year profit and described the operating environment as
Financial watchdog investigates Banxso agents’ claims that it ‘has been cleared’.
By Ryk van Niekerk. The Financial Sector Conduct Authority (FSCA) is investigating claims that Banxso agents are informing clients that
Foschini challenges Shein, Amazon with speedy delivery in South Africa.
By Mpho Hlakudi. The Foschini Group is mounting a challenge on its home turf as global giants Amazon, Shein, and Temu
Vodacom’s first-half profit drops 18% on currency swings.
By Loni Prinsloo. Africa’s biggest phone company by market value Vodacom Group posted an 18% drop in first-half net income
Pick n Pay publishes its pre-listing statement as it prepares to list on JSE.
By Lehlohonolo Lehana. Retail group Pick n Pay has on Monday, published its pre-listing statement as it prepares to list
Richemont profit slumps on weak China demand for luxury watches.
By Andy Hoffman. Richemont’s profit slumped in the first half as the Swiss luxury group’s watchmaking division suffered from falling demand
Trump trade sinks emerging markets as trade-war fears return.
By Matthew Burgess, Colleen Goko and Kerim Karakaya. Mexico led a currency meltdown, while China spurred an equity selloff, as
SA on the clock as rand volatility soars post-budget.
By Mpho Hlakudi and Colleen Goko. Investors are giving South Africa’s coalition government some leeway to get its finances in order,
Flysafair faces sanctions over compliance on its shareholding structure.
By Shaun Jacobs. South Africa’s biggest domestic airline, FlySafair, is facing potential sanctions that could severely impact its ability to