State-owned armaments manufacturer Denel is appointing an executive team to lead the organisation and bolster its efforts to improve governance, restructure and stabilise the organisation to fulfil its mandate.
Author: Staff Writer
MultiChoice, the owner of Showmax, has no plans to slow down its push to become the top video-on-demand streaming service in Africa.
Naspers, a South African multinational conglomerate, has warned that its core headline earnings for the financial year ending in March 2022 could decrease by up to 65% compared to the previous year due to the impact of the COVID-19 pandemic on Tencent, a Chinese multinational conglomerate.
EY’s CEO, Carmine Di Sibio, has announced his retirement in 2024 – one year earlier than planned.
The South African Revenue Service (SARS) has begun destroying illicit and smuggled cigarettes valued at R43 million at the Beitbridge border post.
Increase in self-generating rooftop solar power and cooler power station operating temperatures contributed to the recent drop in load-shedding severity in South Africa.
Convergence Partners Investments, led by visionary entrepreneur Andile Ngcaba, announced its rebranding as Solcon Capital.
A deal for a majority stake in South African Airways (SAA) is reportedly in sight, as the Takatso Consortium has reached an agreement with minority shareholders to acquire their shares.
Telkom, the South African telecommunications company, has rejected the latest acquisition bid from a consortium led by former CEO Sipho Maseko.
Brait, an investment company based in South Africa, has reported a decrease in its net asset value (NAV) for the year ended March 2023, despite strong performance from its Virgin Active health club busines.