Takealot Group is pushing further into townships and growing its new grocery partnership to defend its market share, its CEO said.
Author: Nqobile Dludla
The strategy is to build Massmart into a force able to see off its brick and mortar rivals and then win a looming battle against Amazon.
Eskom will reduce planned power cuts this week after sufficient progress was made in replenishing emergency generation reserves.
MTN Group has raised R2.5-billion in three bonds as a way of lengthening its debt maturity profile, the mobile operator said on Friday.
Woolworths plans to ramp up its online, on-demand delivery service, its CEO said on Wednesday, as it steps up a turf war with Pick n Pay and Shoprite.
The mobile operator has received a $35-million binding offer for its Afghanistan business as part of plans to exit the Middle East.
Vodacom Group will retain full ownership of a new subsidiary that will take over its South African tower business, it said on Thursday.
Rolling load shedding should come to an end by the end of this week as more power generation units come online.
The South African market has evolved, and continues to evolve, differently from many other places in the world.
Telkom lowered its revenue and profit guidance for the medium term due to a slowdown in growth in its mobile business and a decline in its legacy unit.