Dis-Chem's founder steps back as a generational test begins
Founder Ivan Saltzman retires from his executive role at the end of June after 48 years, handing chief executive Rui Morais a generational test.
Founder Ivan Saltzman retires from his executive role at the end of June after 48 years, handing chief executive Rui Morais a generational test.
South Africans bought 54,482 new vehicles in June, the strongest showing for the month since 2007, even as consumer confidence slipped.
Big story
Governor Lesetja Kganyago says inflation expectations have crept above the Bank's 3% target, keeping the door open to a further increase on 23 July.
SARS begins issuing around 6 million automatic assessments from today, with refunds promised within 72 hours where everything is in order.
The Johannesburg-listed group has lifted its effective Safaricom stake to about 55%, taking majority control of the M-Pesa owner in a deal worth roughly R35 billion.
Big story
Petrol drops around R2 a litre and diesel more than R3 from today, though the full return of the fuel levy takes some of the shine off the relief.
Big story
Naspers' full-year results show the Takealot Group swung to a maiden adjusted operating profit, even as Amazon pushes into the South African market.
A self-imposed deadline set by anti-immigration groups has rattled township traders and the inner city, with foreign-owned shops shuttering and neighbours feeling the pinch.
Finance Minister Enoch Godongwana has warned the City of Johannesburg he may halt its transfers, citing an unfunded budget and mounting unpaid bills.
Big story
The lender has scrapped a R5.7 billion deal to buy Eskom's staff home-loan book, choosing to consolidate after swinging to a R624 million half-year loss.
Sharply lower oil prices look set to outweigh the return of the full fuel levy, pointing to cuts at the pumps in July.
With nationwide demonstrations planned for Tuesday, retailers and logistics firms are bracing for disruption as police mobilise alongside private security to avoid a repeat of 2021's unrest.