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.
Author: Nqobile Dludla
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.
MTN Group lifted first quarter pretax profit by 21.1% year on year, supported by service revenue growth amid demand for data and financial services.
MTN Group resumed annual dividends on Wednesday, declaring a higher payout than previous guidance as a divestment plan made progress and the firm reported higher profit.
The labour department is negotiating a possible out-of-court settlement with a subsidiary of China’s Huawei Technologies, which it accuses of failing to comply with local hiring quotas.
Massmart on Tuesday warned of a bigger annual loss, due to store damages and lost trading income suffered as a result of the July looting.