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.
Companies
The deals, results, leadership and strategy of the companies shaping South Africa.
Capitec goes Mobile
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.
SA Artists Bank Over R500m on Spotify
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.
Capitec opened 60 sites in a quarter.
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 guides earnings down 18%.
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.