MTN will launch its 5G commercial network in South Africa next week, joining Vodacom Group and Rain in the race to expand 5G technology in the country.
A group of creditors of Edcon has made a court application to halt meetings scheduled for Monday to consider a proposed restructuring plan for the company
Hyprop said that rent collections were increasing as outlets reopened and customers slowly start returning after more than two-months of lockdown.
The lockdown restrictions are being challenged in court by barbers and beauty specialists who depend on an industry.
Tsogo Sun Gaming reported a marginal fall in annual core earnings, as it shuttered its casinos amid nationwide lockdowns to contain the spread of the Covid-19 pandemic. ...
Tiger Brands said it is looking at “significant” job cuts and won’t pay an interim dividend as its business is hit by supply disruptions.
Tsogo Sun Hotels said it could face a fall of up to 10 percent in full-year core earnings due to the drop in local and international travel.
South Africa?s Phumelela Gaming and Leisure on Friday joined a slew of distressed firms to file for business rescue.
Vodacom was recently assigned temporary additional spectrum by South Africa?s telecoms regulator for the duration of a national state of disaster to tackle Covid-19. ...
Clicks suspended its interim dividend and warned trading would be tough for the rest of its financial year due to the coronavirus crisis.
Massmart said on Monday it was confident it had sufficient funding in place to weather a 21-day nationwide lockdown.
TFG said it will suspend store rental payments for April due to a country-wide coronavirus 21-day lockdown that has forced all its stores to temporarily close.
South African hotel and casino operator Sun International reported a 91% jump in adjusted full-year earnings on Monday.
The drugmaker sees no immediate impact of India?s decision this week to restrict the export of 26 pharmaceutical ingredients due to coronavirus.
Woolworths reported a 17. 7% drop in half-year earnings on Thursday, dragged down by disappointing womenswear and Black Friday sales.
Grand Parade Investments said it will sell its 95. 36 percent stake in Burger King franchise and all of Grand Foods Meat Plant to ECP Africa Fund for R697 million ...
MTN Group expects full-year headline earnings to rise as much as 50%.
Vodacom Group, South Africa?s biggest telecoms company by value, expects to offer 5G mobile services in its home market this year.
MTN South Africa relaunched its mobile money service on Thursday.
Tiger Brands CEO Lawrence Mac Dougall will retire on 31 January, having reached the company?s mandatory retirement age of 63.
South Africa?s Public Enterprises Ministry said on Sunday it was talking with the Treasury to raise funds to rescue South African Airways.
SAA had to be placed on ?business rescue? because there was no other viable and financially workable option to secure a credible future.
South Africa?s Vodacom Group and MTN Group could face prosecution if they do not agree with the Competition Commission to lower data prices.
Vodacom Group said its Chief Financial Officer Till Streichert will leave the company in June 2020 to pursue an external opportunity.
South Africa?s biggest supermarket chains could be forced to drop exclusivity clauses in shopping mall leases.