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Category: Business

Why I stepped down as Spar CEO – Swartz

Posted on February 23, 2026

154 Group says ‘highly competitive’ market in SA will mean lower gross profit margins … On Monday, outgoing CEO of The Spar Group Angelo Swartz personally addressed his “situation” and explained his…

Spar rethinks SAP roll-out amid franchise lawsuit and CEO exit

Posted on February 23, 2026

122 Spar Group has revised its SAP roll-out strategy, separating its finance systems migration from distribution centre operations in an effort to reduce disruption – a move that comes as the wholesaler…

Xbox chief Phil Spencer retires from Microsoft

Posted on February 22, 2026

144 Outgoing Microsoft Gaming chief Phil Spencer Microsoft has announced that gaming head Phil Spencer is retiring after 38 years at the software maker, in a major leadership shake-up. The company named…

The real reason MTN is bringing its towers back in-house

Posted on February 22, 2026

191 MTN Group’s decision to acquire 100% of IHS Towers reflects a strategic U-turn from the asset-light model it had been pursuing, but it doesn’t mark the start of a broader industry…

US-SA tariffs: Trump makes another tweak

Posted on February 22, 2026

129 The US imposed a 30% tariff on South Africa, but on Friday a US high court ruled the law Trump used does not give him authority to impose tariffs. President Donald…

We’re still fine: Aarto hits another roadblock

Posted on February 22, 2026

178 This latest move has raised questions about whether the project finally hit the road in July or will be postponed for a fourth time. Two months after it was meant to…

Tongaat liquidation threat puts thousands of growers at risk

Posted on February 21, 2026

107 SA Canegrowers says cane deliveries and payments could stop overnight. The imminent liquidation of Tongaat Hulett threatens to topple the livelihoods of thousands of small- and large-scale growers across KwaZulu-Natal and…

Minister Tau moves to save Tongaat Hulett from liquidation

Posted on February 21, 2026

110 Government believes Tongaat Hulett remains capable of being stabilised and restructured. Minister of Trade, Industry and Competition, Parks Tau said liquidation should be the last resort for Tongaat Hulett, as he…

Tongaat Hulett’s collapse began in the boardroom

Posted on February 21, 2026

180 Forensic findings revealed years of inflated earnings and hidden risks. As the fate of Tongaat Hulett, SA’s sugar producing giant founded over a century ago in KwaZulu-Natal, hangs in the balance,…

McDonald’s South Africa recognised as a top employer

Posted on February 21, 2026

151McDonald’s South Africa is pleased to announce its certification as a Top Employer for 2026 by the Top Employers Institute. McDonald’s South Africa is pleased to announce its certification as a top…

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