Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
Big story
Amazon Leo will reach South African homes through Herotel's new Evry service, using a licensing route that neatly sidesteps the rules keeping Starlink out.
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The carmaker switched on a new Hilux line at its flood-hit Durban plant, its biggest capital project there since 2022, as Chinese rivals crowd into South Africa.
A third of shareholders refused to back the pay deal that offers CEO Jurie Strydom R300m to lift a share price stuck near R14.
Sun Pharma has won SAHPRA approval for a generic semaglutide, making SA the second market after India to clear a cheaper Ozempic rival.
A R130m flagship, R2,499 fees and a 37-club plan: inside Virgin Active's premium bet ahead of a Brait listing.
From 15 July, shoppers on TFG's Bash can split purchases into three, as buy now, pay later chases the retailer's 49% online-sales surge.
Coca-Cola HBC says the Competition Commission's backing for its $2.6bn takeover of Coca-Cola Beverages Africa keeps it on course to list in Johannesburg this year.
The National Union of Mineworkers has vowed to fight 1,214 job cuts after De Beers moved to halt production at Venetia, its only South African mine, for two years.
Big story
The FSCA has opened a formal investigation into the Public Investment Corporation — the R3-trillion manager of public-sector pensions — a day after it suspended its chief executive.
Editor’s pick
Standard Bank's 2026 Youth Barometer shows Chery and Haval deals up 423% in five years, with young buyers choosing new Chinese cars — while local retailers still beat Shein.
Richemont's quarterly sales jumped 20% to €6.3bn on runaway jewellery demand, and its Johannesburg-listed shares leapt 7.5% to the top of the JSE.
Belle Rive is building a 4.89MW solar array and a 20MWh battery — which its installer calls SA's biggest for an off-grid farm — to run cold rooms and irrigation without Eskom.