Although the food division of JSE-listed Woolworths has traditionally been the group's most resilient and best performing division, growth has slowed significantly. Read more.
Tags : rand
Karooooo, which is wholly owned by Cartrack, yesterday announced results for the third quarter of its fiscal year 2022 ("2022"), which ended November 30, 2021. Read more.
roubled JSE-listed sugar producer and property owner Tongaat Hulett on Tuesday secured shareholder support for a controversial multi-billion rand rights issue that will involve Zimbabwe's billionaire Rudland family. Read more.
Residents of Govan Mbeki Municipality are pleased with a ruling last week by the Mpumalanga High Court that requires the municipality to report regularly to the court on progress in clearing Eskom's R1.18 billion arrears. Read more
Independent investment firm Fledge Capital has announced a 25% stake in sports and exercise nutrition brand Ultimate Sports Nutrition (USN). Read more.
Elon Musk's SpaceX will launch three South African-made nanosatellites into orbit as part of its upcoming Transporter 3 mission - the first to be entirely manufactured on the continent of its birth and sent into space. Read more.
The growth rate of new vehicle sales is expected to decline to around 8% in 2022. This follows a strong 22.1% increase in sales in 2021, after a 29.2% decline in sales in 2020 due to the Covid 19 pandemic. Read more.
Steinhoff International announced Monday that its U.S.-based retail chain Mattress Firm has filed an application with the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange. Read more.
Competition in the retail market for baby products continues to increase. Checkers is the latest major player to aggressively enter this space. Read more.
South Africa's largest supermarket group, Shoprite Holdings, announced on Monday that its upscale grocery chain Checkers has entered into a joint venture agreement with its delivery partner, RTT Group, to expand its e-commerce business. Read more.