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Foschini Group grows market share as it battens down the hatches for weak consumer demand

Edward West|Published

The Foschini Group reports a mixed performance for the year ending March 31, with market share growth in key sectors despite challenging trading conditions. CEO Anthony Thunström outlines strategies to enhance resilience and profitability in a constr…

Mr Price's share price soars after resilient earnings and positivity about its prospects

Edward West|Published

Mr Price Group's share price surged over 14% following the announcement of resilient earnings growth and market share gains, despite facing inflationary pressures ...

Wesizwe Platinum initiates restructuring process, risking 497 jobs at Bakubung project

Edward West|Published

Wesizwe Platinum has announced a potential restructuring of its Bakubung Platinum Minerals project, which could lead to the retrenchment of 497 employees, representing ...

Jubilee Metals' Roan concentrator resumes full operations amid rising costs

Edward West|Published

ubilee Metals announces the successful return to full operational capacity of its Roan concentrator in Zambia, following a maintenance shutdown. The company aims ...

Petshop Science offers access to free insurance cover as unexpected vet bills bite

Ashley Lechman|Published

Petshop Science has launched South Africa's first retail linked free pet insurance benefit, offering accidental cover worth up to R10 000 for qualifying customers. ...

TikTok removes more than 1.1 million videos in South Africa as platform tightens online Safety measures

Ashley Lechman|Published

TikTok has removed more than 1.1 million videos and over 520 000 suspected underage accounts in South Africa as it ramps up efforts to combat harmful online content. ...

Newton Park SPAR shopper turns grocery run into dream car victory

Ashley Lechman|Published

After shopping at the same SUPERSPAR for more than two decades, Chantal Ashington has driven away with a limited edition Hyundai Exter thanks to SPAR's national ...

Absa Group's AGM: Non-executive director remuneration resolution fails

Edward West|Published

Absa Group's annual meeting took an unexpected turn as shareholders rejected the resolution on non-executive director remuneration, prompting discussions on policy ...

Traxtion secures R1.5bn investment to accelerate rail expansion across Southern Africa

Siphelele Dludla|Published

Traxtion has successfully raised $86 million to bolster its rolling stock investment programme, signalling a pivotal moment for South Africa's rail sector and attracting ...

Fairvest raises distributable earnings guidance amid strong interim financial performance

Edward West|Published

Fairvest has reported strong financial results for the six months ending March 31, leading to an upgrade in its distributable earnings guidance and a focus on expanding ...

Amazon launches Prime in SA offering free delivery, entertainment and gaming benefits

Ashley Lechman|Published

Amazon is strengthening its position in South Africa with the launch of Prime, bringing its globally popular membership programme and first local Prime Day event ...

Canal+ makes history as the first French company to list on the JSE

Edward West|Published

Canal+ becomes the first French company to list on the JSE, marking a significant step in its expansion into Africa and highlighting the growing confidence in South ...

Navigating volatility: Ninety One's performance and future strategies

Edward West|Published

Ninety One reports a robust 31% increase in assets under management, reaching £171.8 billion, despite facing geopolitical risks and market volatility. The company's ...

Mantengu Mining challenges JSE's decision on censure and fine

Edward West|Updated

ntengu Mining is exploring legal options following a censure from the JSE for unsubstantiated allegations of share price manipulation, raising concerns about transparency ...

Delta Property Fund returns to profitability, more strategic asset disposals planned

Edward West|Published

Delta Property Fund has returned to profitability, driven by a strategic reduction of its property portfolio and improved financial metrics. CEO Bongi Masinga outlines ...

How Copper 360 is positioning itself for future growth

Edward West|Published

" Copper 360 has successfully recapitalised, reducing debt and raising new equity, positioning itself for growth in the competitive mining sector. Despite reporting ...

Volkswagen Kariega plant reaches one million Polo production milestone

Yogashen Pillay|Published

Volkswagen Group Africa proudly announces the production of its one millionth Polo at the Kariega Plant, highlighting its significance in the automotive industry ...

Telkom pays out a 66 percent dividend increase amid a year of strong earnings growth

Edward West|Published

Telkom has announced a remarkable 65.7% increase in dividends, driven by strong earnings growth and a strategic shift towards mobile and fibre services. CEO Serame ...

Why a valid Will is just the beginning of effective estate planning

Jane Black (née Rushton)|Published

Many believe that having a valid Will is sufficient for estate planning. However, this article explores the critical role of estate liquidity and the potential complications ...

Rate hike has a hidden upside for South African savers

Jurgen Eckmann|Published

Interest rate hike demonstrates SARB’s commitment to defending inflation target – and there’s also a silver lining for savers, says Jurgen Eckmann, Wealth Manager ...