Africa’s largest mobile operator, MTN, expects its interim profit to remain flat or rise despite the impact of hyperinflation and foreign exchange in some of its markets.
Author: Staff Writer
Mr Price’s CFO, Mark Stirton, has resigned from his position on mutually accepted terms.
The South African Competition Commission has released a range of remedial actions against online platforms.
Anglo American cut its interim dividend by more than half to 55 US cents.
Johann Rupert’s Richemont has acquired a controlling stake in Italian luxury shoemaker Gianvito Rossi.
Netcare CEO Dr Richard Friedland will retire in September 2024 after almost 20 years in the role.
A McKinsey report found that women are 1.5 times more likely than men to need to change occupations by 2030 due to automation.
Fuel prices are expected to rise across the board in South Africa in August, according to data from the Central Energy Fund (CEF).
The International Monetary Fund (IMF) has raised its growth forecast for South Africa’s economy for 2023 to 0.3% from 0.1% predicted in April.
Producer price inflation in South Africa has hit a two-year low, according to data from Stats SA. The decline in inflation was driven by a drop in manufactured food price inflation, as well as a significant decrease in petrol and diesel prices in June.