Three weeks have passed since the two-pot retirement system came into effect and thousands of pension fund members have submitted withdrawal applications to access a portion of their savings. Both ...
Earnings/(loss) per share (cents) 1.3 1.5 (13) (18.2) Diluted earnings/(loss) per share (cents) 1.3 1.5 (13) (18.2) Headline loss per share (cents) (0.2) (0.1) 100 (1.4) Diluted headline loss per ...
CEO and financial director Brian Roberts has resigned from these positions with effect from Monday, 25 May 2026, and will serve one calendar month’s notice. Roberts’s departure coincides with the ...
US-based specialised asset management firm Rohatyn Group has concluded its acquisition of South Africa’s Ethos Private Equity, a merger that will result in combined assets under management totalling ...
Telecommunications service provider Rewardsco says its R300 million investment into a third business process outsourcing (BPO) operations centre in Umhlanga, KwaZulu-Natal, will kickstart its move to ...
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Former Naspers CEO Koos Bekker, who now serves as chair of Prosus and Naspers, has trimmed his stake in both companies over three trading days, in transactions totalling nearly R2.5 billion. The ...
Not all Woolworths suppliers have an adversarial relationship with the retail giant: The head of one of its biggest suppliers says that in his 11-year relationship with Woolworths, they have always ...
Shares fell as much as 8% by 9:42 a.m. in Johannesburg, after gaining 14% on Friday when the retailer reported improved earnings guidance.
Technology group triples headline earnings since 2023 as high-margin platform businesses drive profit growth and cash generation.
South Africa is about to have a gas supply crisis. Hundreds of South African factories, making everything from steel and glass to beer and soft drinks, depend on piped gas for industrial heat. Some ...
The Solidarity Fund will be shutting down operations in September, following a decision taken by its board. In its statement, released on Thursday, it notes that the fund was never intended to be a ...
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