266 Pick n Pay CEO Sean Summers Pick n Pay’s online business has held onto the profitability it first reported a year ago, but turnover growth has slowed materially as the retailer…
Category: Business
Gauteng transport department ordered to pay Putco R154.4m
230 Department also issued with a punitive court cost order for failing to comply with its obligations. The Gauteng Department of Roads and Transport has been ordered to pay commuter bus company…
Altron surprises with special dividend
217 Altron Group CEO Werner Kapp Altron Group has declared a R500-million special dividend and lifted its final ordinary dividend by 44% to 72c/share, returning a substantial chunk of cash to shareholders…
Huawei claims chip design breakthrough
264 Ali Song/Reuters Huawei Technologies said on Monday that its high-end chips will have transistor density equivalent to 1.4nm processes in five years, underscoring Beijing’s efforts to neutralise US sanctions that have…
Eskom turned the lights back on
228 Congratulations must go to Eskom for achieving a full year without load shedding. That is a remarkable turnaround from only three years ago when we experienced 300 days of load shedding…
DDoS attacks expose South Africa’s cyber response gap
308 South Africa has the legislative foundation to respond to nation-scale cyberattacks but the practical capacity has yet to be realised. A wave of distributed denial-of-service (DDoS) attacks earlier this week disrupted…
Financial independence: Why you need it and how you can work towards it
208 PICTURE: PEXELS/ FINANCIAL INDEPENDENCE Financial independence has become one of the biggest goals for many young adults navigating rising living costs, economic uncertainty and increasing pressure to maintain certain lifestyles. Also…
The R800-billion mistake hollowing out the JSE
280 The author, Duarte da Silva I write this not in anger, but in sorrow. And with the weight of 30 years spent in markets that made South Africa exceptional. I have…
Why you’re broke soon after payday (and how to change it)
264 Picture: Supplied For many South Africans, payday feels like a brief moment of relief before financial stress quickly returns. One minute your bank account looks healthy, and a few days later,…
Another Woolies supplier claims bullying
313 The business grew from a small family seafood operation into one of Woolies’ largest seafood suppliers for more than 30 years. Another Woolworths supplier has come forward with allegations of mistreatment,…