Big story
A Malaysian retail giant worth over R56 billion is rapidly expanding across South Africa
The Malaysian chain says it wants that at 20%, and has set out how it decides which South African suppliers get onto the shelf.
Christian Maidman
Big story
Trustco has been slapped with a R5 million fine after losing its fight against the JSE
The Financial Services Tribunal dismissed the company's reconsideration application on 20 August, which makes the censure and the penalty immediately enforceable.
The rand just hit its strongest level in six months, briefly breaking below R16 to the dollar
Washington said it would double its buybacks of long-dated debt, the dollar softened, and the rand traded below R16 for the first time in six months before easing back.
Amid South Africa’s influx of Chinese cars, Volkswagen just had its biggest production month ever
Volkswagen's Eastern Cape plant made 17 009 vehicles in July, most of them Polos for Europe, on a contract with a 2035 deadline and no replacement secured.
John Dory’s is down to 39 restaurants, and a tough year could put even more on the chopping block
The seafood chain's revenue fell 17.4% in a year when group revenue rose 8.5%, and the plan is to shrink it rather than sell it.
Cape Town's first superyacht marina has a day job for the off-season
The R230 million Quay 7 basin will berth eight yachts up to 90 metres in season and stage catamaran exports for the rest of the year.
The Roundup — Friday, 21 August 2026
Editor’s pick
WhatsApp is about to start charging SA businesses for something that has always been free
Meta starts charging South African businesses for customer service replies on 1 October, and only publishes the rate card on 1 September.
Big story
South Africa has a new 5G network and it’s already covering more than a million homes
Comsol owns the spectrum, the network and the core; the internet providers own the customer, the price and the complaints.
Amazon says its drones will reach nearly 500 US cities and towns, each hub covering 175 square miles
Each Prime Air hub covers about 175 square miles, and every community inside that range still has to approve the service for itself.
South Africa’s food inflation just fell to its lowest level since the 2010 Soccer World Cup
Food and drink inflation came in at 0,9% in July, the lowest since the month South Africa hosted the World Cup, and the rand had a good day for reasons decided in Washington.
The JSE wants to scrap another reporting requirement as it fights to keep companies listed
The exchange has proposed dropping the diluted version of the profit-per-share figure and moving the main one outside the audited accounts, with comments open until 13 October.