341But with some conditions. JSE-listed retail giant Pepkor has received the green light from the Competition Commission (CompCom) to acquire five retail store brands – Legit, Style, Boardmans, Swagga and Beaver Canoe…
Category: Business
South Africa will offer US revised trade deal
324 Trade minister Parks Tau. Leah Millis/Reuters South Africa will offer the US a revised trade deal in an effort to lower the 30% tariff imposed last week on its exports to…
Economists’ economic growth outlook steady but remains subdued due to global risks
314 The forecast of the top 40 economists in the country is not very good, but then also not that bad either. The country’s top 40 economists forecast that the economic growth…
Manufacturing output for June shows improved GDP in second quarter
339 It sounds like a bit of good news, but manufacturing output was still almost 2% lower this year than in the first half of last year. Manufacturing output for June shows…
Naspers unit gets EU nod for mega food delivery deal
356 A Just Eat delivery rider cycles through Manchester, UK. Phil Noble/Reuters Technology investor Prosus gained EU antitrust approval on Monday for its €4.1-billion (R84-billion) bid for Just Eat Takeaway, after agreeing…
Bank branch smart ID and passport services set for big expansion
366 Home affairs minister Leon Schreiber The department of home affairs plans to expand its partnership with South Africa’s banks for the processing of smart ID cards and passports. In a statement…
BLSA’s reform tracker will keep an eye on government reforms
375 It is hard for citizens and other stakeholders to keep up with all government’s reform programmes and monitor progress. Business Leadership South Africa (BLSA) is launching its Reform Tracker this week,…
Watts & Wheels Ep 3: ‘We drive the new Dongfeng Box’
405 The Dongfeng Box electric city runabout has landed in South Africa, and Watts & Wheels has taken the vehicle – one of the cheapest electric cars currently on sale in the…
Africa’s quiet crypto revolution – TechCentral
445 For many years, countries across Africa have been quietly leading the race when it comes to the practical adoption of cryptocurrency. From cross-border payments to savings, everyday users on the continent…
Suspended RAF CEO’s contract is up – ‘he’s gone’
477 Transport Minister Barbara Creecy has appointed an interim RAF board and tasked it with addressing the complaints backlog. SAA’s new board was also announced. Controversial suspended Road Accident Fund (RAF) CEO…