Pick n Pay Hits Pause on 22,000-Job Retrenchment After Government Steps In
A six-hour showdown between the retailer, unions and the Labour Minister has bought 22,000 workers time — but the retrenchment threat is far from over.
A six-hour showdown between the retailer, unions and the Labour Minister has bought 22,000 workers time — but the retrenchment threat is far from over.
The economy shed 345,000 jobs in Q1 2026, pushing official unemployment to 32.7% — 8.1 million people — and the expanded rate to 43.7%. The numbers behind the crisis, and where the pressure is worst.
South Africa shipped 2.9 million tonnes of citrus in 2025 — overtaking Spain as the world's largest exporter by volume. How agriculture quietly became one of SA's export heavyweights.
Calls between Capitec Connect users are now free — an industry first for SA mobile. Why a bank is giving away airtime, and what it says about Capitec's push beyond banking.
South African artists earned over R504 million in Spotify royalties last year — up 28%, and nearly double 2023. Who's cashing in, and what it says about SA's place in global streaming.
The R1.8m–R2.4m Series-A founder salary arrived from the Bay Area via Twitter and quietly became SA consensus. Opinion: why the benchmark is wrong for this market, and what to pay instead.
The Information Regulator has issued an R8m fine for a breach-notification failure — POPIA's first big-ticket penalty. The amount is unremarkable; the precedent is the news.
Capitec opened 60 branches in a quarter — record pace, mostly township and peri-urban — while the rest of banking shrinks its footprint. The contrarian thesis behind the build-out.
Sasol warned full-year headline earnings will fall 15–21%. The shares dropped 6.2%; the bonds barely moved. What's driving the guidance, and what the two markets are telling you.
Naspers is selling ±R12bn of Tencent to fund a R10bn buyback — the eighth such trade in two years. The 40% discount logic, and why it hasn't closed.
The MPC voted 3–2 to hold the repo rate at 7.25% — a third straight hold, fully priced in. Hawkish language, neutral substance: what Kganyago's wording signals about cuts.