Wednesday, 22 May 2019

Category: Markets

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  • SA retail sales up by 1.1%

    SA retail sales up by 1.1%

    South African retail sales rose 1.1 percent year on year in February after rising by 1.2 percent in January, Statistics South Africa said on Wednesday. On a month-on-month basis, s ...

  • South Africa announces load shedding until August

    South Africa announces load shedding until August

    Gordhan, Eskom CEO Phakamani Hadebe and board chairman Jabu Mabuza briefed the media on Wednesday on the progress of the power grids stability. Gordhan said the challenges facing E ...

  • South Africa hit by more blackouts

    South Africa hit by more blackouts

    South African state utility Eskom stepped up blackouts on Saturday as it lost 900 megawatts of electricity imports from neighbouring Mozambique, which was hit this week by a cyclon ...

  • Massmart 2018 earnings down nearly 32%

    Massmart 2018 earnings down nearly 32%

    Massmart, which owns local brands such as Game, Makro, Builder’s Warehouse and CBW, said the combination of low sales growth and higher expense growth caused group trading profit e ...

SA retail sales up by 1.1%

SA retail sales up by 1.1%

South African retail sales rose 1.1 percent year on year in February after rising by 1.2 percent in January, Statistics South Africa said on Wednesday. On a month-on-month basis, ...

Read More »
South Africa announces load shedding until August

South Africa announces load shedding until August

Gordhan, Eskom CEO Phakamani Hadebe and board chairman Jabu Mabuza briefed the media on Wednesday on the progress of the power grids stability. Gordhan said the challenges facing ...

Read More »
South Africa hit by more blackouts

South Africa hit by more blackouts

South African state utility Eskom stepped up blackouts on Saturday as it lost 900 megawatts of electricity imports from neighbouring Mozambique, which was hit this week by a cyclo ...

Read More »
Massmart 2018 earnings down nearly 32%

Massmart 2018 earnings down nearly 32%

Massmart, which owns local brands such as Game, Makro, Builder’s Warehouse and CBW, said the combination of low sales growth and higher expense growth caused group trading profit ...

Read More »
5 rewards of using digital advertising as a start-up

5 rewards of using digital advertising as a start-up

Digital advertising is growing and the revenue of digital ads is expanding every year hugely as mobile has recently taken over with more number of people surfing from mobile itsel ...

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Zimbabwe to operate new Inter-bank forex market

Zimbabwe to operate new Inter-bank forex market

Zimbabwe’s Central Bank Governor, John Mangudya said it is in the process of establishing a new inter-bank foreign exchange market. On Wednesday, the Central bank governor said th ...

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SAA to be split into three divisions

SAA to be split into three divisions

South Africa’s struggling state-owned airline, South African Airways will be split into three business units as part of a revamp plan that could also involve the partial sale of i ...

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FNB is Africa’s best valuable banking brand

FNB is Africa’s best valuable banking brand

For the second year in a row, First National Bank (FNB) was named Africa’s most valuable banking brand in the latest Brand Finance® Africa Annual Survey. The report notes that FNB ...

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8 things you need to know as a newcomer when doing business in Africa

8 things you need to know as a newcomer when doing business in Africa

Many companies from the developed world are setting their sights on Africa as a new frontier for business. I am sharing a summary of the key tips that I have extracted from years ...

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Ford and Volkswagen to form deeper cooperation

Ford and Volkswagen to form deeper cooperation

Volkswagen and Ford will announce a deeper alliance next week, one which goes beyond just collaborating on commercial vehicles, in a move meant to save both car companies billions ...

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