The rate of price inflation for new vehicles fell sharply to 2% in the fourth quarter of 2021, compared with 9.6% in the same quarter of 2020, while inflation for used vehicles rose to 7.9% from 2.9% in the same period. Read more.
Tags : telkom
Telkom has burnt almost R1 billion in cash over the past six months. The company reported negative free cash flow of R839 million for the six months to the end of September, down R1.05 billion from positive R11 million in the first half of last year. Read more.
With online sales expected to explode in South Africa in the coming years, e-commerce is becoming the centrepiece of Walmart-owned Massmart's growth strategy. Read more.