Author: Staff Reporter

Failure by a regulator in Zimbabwe to approve timeously the sale of JSE-listed Adapt IT to Canada’s Volaris Group is now holding up the planned transaction.

The price of petrol is going up again – and this time it’s pushing the retail cost of the fuel above R20/l for the first time in South Africa’s history.

Absa Group said on Thursday that its partnership with Amazon Web Services to train employees in cloud computing skills will see almost 1 800 people benefit.

A group claiming to be former employees and shareholders going under the name “Save EOH”, all of them anonymous, have accused CEO Stephen van Coller of destroying shareholder value.

Pick n Pay has launched a customer communications channel on WhatsApp, allowing shoppers to interact with the retailer through the popular messaging app.

MTN Group said on Tuesday that it has secured regulatory approval for a public offer of ordinary shares in its Nigerian subsidiary.

MTN South Africa said on Monday that users of its MoMo mobile money platform can now “cash out”, or withdraw funds, at Nedbank-owned ATMs.

Energy regulator Nersa has presented four new options to Eskom for determining the tariffs it will be allowed to charge from 1 April next year.

MTN Group has exited its investment in Yemen. Its departure from the troubled country is line with its strategy to leave the Middle East and focus on its investments in Africa.

Shoprite Group, South Africa’s largest retailer, has quietly launched a basic transactional bank account linked to its Xtra Savings rewards cards.