Author: Staff Writer

PwC South Africa predicts a 1% economic growth in 2024, citing significant private investment in alternative electricity supply as a positive factor.

The City of Cape Town has accepted a settlement offer from the Observatory Civil Association (OCA) to cease all legal action regarding the River Club development.

Google, a subsidiary of Alphabet Inc., has cut jobs at its mapping service, Waze, as part of its efforts to increase efficiency.

Porsche plans to invest more than €20 billion (R409 billion) in the coming years to equip its models, including the new Cayenne SUV, with cutting-edge electric and digital technology.

First National Bank (FNB) has signed an agreement with MTN South Africa to supply network services for FNB Connect, its mobile virtual network operator (MVNO).

Reserve Bank Governor Lesetja Kganyago announces that monetary policy will remain tight for a longer duration to combat persistent inflation in South Africa.

Advanced Health, an operator of day hospitals in South Africa, announced that its controlling shareholder, Eenhede Konsultante, has made an offer to acquire the majority of its minority shareholders.

German carmaker BMW is investing R4.2bn in its South African subsidiary to manufacture electric cars.

Retail group Pick n Pay acquires Western Cape-based abattoir and meat processing company Tomis for R340m.

Former Telkom CEO Sipho Maseko and Eskom Pension Fund’s ex-chair Hlengani Mathebula join Shoprite’s board as independent non-executive directors.