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Business: Dis-Chem withdraws price fine appeal inflated

Dis-Chem on Friday urged its prison group to withdraw its appeal against the Competition Tribunal’s R1.2million quality for inflating the price of surgical masks, pronouncing it would as an alternative focus on meeting its customers’ needs. In July, the tribunal slapped the pharmacy chain with a R1.2m fine, or 10percent of its turnover, after discovering […]

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South Africa: Newborn found abandoned in bushes in Mamelodi

Just days after the provincial Health Department expressed challenge over the spate of abandoned babies, a newborn was determined in the timber in Mamelodi at the weekend. A police K9 unit, which used to be patrolling in Mamelodi, reacted to a criticism on Saturday at about 11am and determined the toddler at a park in […]

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Business: Embattled Denel reports R1.7bn loss

State-owned fingers organization Denel recorded any other loss of R1.7billion for the 2019/20 monetary year due to a significant decline in revenue collection. This emerged when the Department of Public Enterprises seemed before the portfolio committee on public firms on Wednesday to short the committee on development made in addressing governance challenges facing state-owned entities. […]

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S’Africa: Unions Threaten Strike Over Inadequate Covid tools

South Africas largest union coprising of Education, Health and Allied Workers known as NEHAWU have threatened to go on strike beginning from Monday August 24 According to the union, this is in response to the govts failure to offer adequate personal protective equipment (PPE) against the coronavirus. “everybody is supposed to be taking the line […]

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Business: Chairman of Tiger Brands to step down in December

Tiger Brands said on Friday, Khotso Mokhele would step down as chairman of the board on December 31. Mokhele will be changed by means of Geraldine Fraser-Moleketi, a lead impartial director at mining company Exxaro, who will take over on Jan. 1 after a handover period beginning from September. Fraser-Moleketi, 60, served in quite a […]

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Business: Mastercard enhances security capabilities online

As digital commerce continues to speed up owing to the COVID-19 pandemic, Mastercard has introduced it will provide tokenization services to retailers with app, eCommerce, and ordinary billing card-on-file application in South Africa, further defending consumers and growing comfort when storing Mastercard cards in merchant databases. Dubbed Mastercard Digital Enablement Service (MDES) for Merchants, the […]

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Sports: The plan was for the chiefs to take the game – Maduka

Bloemfontein Celtic coach John Maduka defined how he master-minded the downfall of Kaizer Chiefs on Wednesday evening. Siwelele got here from behind to humble Amakhosi at the Absa Tuks Stadium, with Motebang Sera bagging a brace to along with Victor Letsoalo’s solitary strike. Maduka insists he wouldn’t allow his aspect to sit down back against […]

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Entertainment: Unathi Nkayi rubbishes suggestions that she is beefing with DJ Zinhle

“Idols SA” decide Unathi Nkayi has put to mattress guidelines there can also be some pork brewing between her and DJ Zinhle, telling a follower to quit “lying”. This comes after an Instagram user commented on one of Unathi’s posts about guest choose Buhle Mda’s interaction with fellow judge Somizi. The follower accused Unathi of […]

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Business: MTN appoints Ralph Mupita to become CEO

MTN has announced the appointment of Ralph Mupita as the new CEO of MTN group replacing Rob Shutter who will be stepping down at the end of August Mupita the chief financial officer will start his duties in September 2020 the company announced on Wednesday. The current group president and CEO, Rob shutter will step […]

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South Africa lifts COVID-19 ban on tobacco and alcohol sales

South Africa lifted its ban on alcohol and cigarette sales on Tuesday as the country eased coronavirus measures to level two. Cigarette, tobacco and alcohol sales were prohibited to prevent people from sharing cigarettes and to reduce the burden on hospitals to deal with alcohol-related injuries. South Africa is the continent’s worst affected country by […]

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Business: South Africa recruits RMB for Airline Stake Selling Advisory

South Africa’s Rand Merchant Bank, the funding banking arm of FirstRand Ltd., has been appointed as an adviser to assist the government examine offers for stakes in its insolvent countrywide airline, according to two humans acquainted with the situation. The state is looking to elevate greater than 10 billion rand ($575 million) that South African Airwaysadministrators […]

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Entertainment: Bongo Riot opens up about financial difficulties amid Covid-19 outbreak

SAMA winner Bongo Riot on keeping financial afloat throughout this Covid-19 lockdown. This 12 months has been tremendous so a ways for reggae and dancehall musician, Bongo Riot, who has a lot to have fun no rely the challenges posed by the use of the Covid-19 pandemic. Bongo Riot, whose real title is Mphikheli Zungu, […]

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Business: The share price of Hulett jumps 13 per cent as the turnaround plan begins to produce some results

Tongaat Hulett’s share fee leapt more than 13percent on the JSE on Friday morning after the agriculture and agri-processing commercial enterprise narrowed its losses by using 79percent for the 12 months to cease March, benefiting from its turnaround method applied closing year. The share charge climbed to a one-month intra-day high to R5.67 a share, […]

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Breaking: South Africa eases up restrictions after low Coronavirus cases

South Africa announced on Saturday it will move to alert level 2 after a drop in the rate of new confirmed coronavirus cases. In an address to the nation President Cyril Ramaphosa said the number of new confirmed cases had dropped over the past three weeks from a peak of over 12,000 a day to […]

Business: Absa gains as earnings take a huge fall

Absa opened weaker on the JSE on Thursday after the bank flagged that its profits would probably take a massive hit in the six months to quit June. Absa said its revenue have been expected to decline between ninety two percent and 97 percentage with headline salary per share and profits per share tumbling compared […]

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COVID-19: South Africa records 286 new deaths

South Africa stated 286 new coronavirus deaths late Friday, taking the variety of fatalities to 11,556, according to that country’s fitness officials. It registered 6,275 new COVID-19 cases, bringing that tally to 579,140. Health care gurus conducted extra than 3.3 million exams and 461,734 sufferers have recovered in the most-affected usa on the continent. The […]

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Covid-19 confines African Free Trade Area, for now

The start of the African Continental Free Trade Area (AfCFTA) was postponed due to the coronavirus. Experts agree with that the pandemic ought to assist give the bold free alternate undertaking a boost. Measured via the range of countries, the African Continental Free Trade Area (AfCFTA), is to grow to be the greatest free-trade zone […]

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Business: Power cuts to dampen industry, consumer trust as Eskom load shedding implements

South Africa woke up to information of greater load shedding yesterday, with analysts warning a resurgence of power supply interruptions ought to derail South Africa’s monetary recuperation and stifle investments post Covid-19. Eskom started imposing Stage 2 load shedding for 14 hours due to the prolong to return to service of two generation devices at […]