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Category: Business

Shoprite walks away from Malawi after 25 years: What went wrong?  

Posted on August 5, 2025

561 The Competition and Fair Trading Commission invites written comments on the Shoprite–Karson Investment Trust transaction. Shoprite, South Africa’s largest grocery retailer, has announced it will be exiting the Malawi market as…

South African car exports show grit as Trump tariffs bite

Posted on August 5, 2025

447 Naamsa CEO Mikel Mabasa South Africa’s automotive sector is weathering US President Donald Trump’s steep tariffs, but storms clouds are gathering. According to motoring industry group Naamsa (also known as the…

Naspers South Africa CEO sells R240-million in shares

Posted on August 5, 2025

520 Naspers South Africa CEO Phuthi Mahanyele-Dabengwa Naspers South Africa CEO Phuthi Mahanyele-Dabengwa has sold R240-million worth of shares in the company. She sold the shares “to cover taxes and other expenses”,…

How to get rid of a squatting tenant

Posted on August 5, 2025

466 Go the legal route. Chaining the gate, turning off the water and electricity, or changing the door locks will just prolong the process. The stir caused by our recent article about a…

Ghana tells MultiChoice to cut DStv prices – or else

Posted on August 5, 2025

493 Ghana has demanded that the local unit of MultiChoice Group to reduce subscription fees by 30% by 7 August or risk suspension of its broadcasting licence, Daily Graphic reported. The country…

Taukobong’s Telkom keeps winning – TechCentral

Posted on August 5, 2025

652 Telkom Group CEO Serame Taukobong Telkom’s strong financial performance in its 2025 financial year has continued into the new year, with the partially state-owned telecommunications group on Monday reporting good growth…

Adidas, Nike warn of price increases as US tariffs bite

Posted on August 5, 2025

557 Other companies that have warned they might need to increase prices include Temu, Shein, and Walmart. Adidas and Nike are among companies that have warned shoppers could soon be forced to…

Elon Musk’s R520-billion payday – TechCentral

Posted on August 5, 2025

381 Elon Musk. Gonzalo Fuentes/Reuters Tesla has granted CEO Elon Musk shares worth about US$29-billion (R520-billion) in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a…

Government races to finalise rescue package after Trump trade blow

Posted on August 5, 2025

584 Presidents Cyril Ramaphosa and Donald Trump in the White House on 21 May 2025 Government is putting the final touches to an overarching package that aims to shield businesses against the…

How a cold call nearly put me under debt review

Posted on August 4, 2025

596When companies can access your financial data illegally without consequence, privacy law is a farce. Sixteen minutes. That’s how long it took me from receiving a cold call from a woman claiming…

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