Woolworths delivered a more than 58% improvement in headline earnings per share in the 26 weeks ended 27 December 2020, with the retail group benefiting, in part, from a big focus on e-commerce.
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Convergence Partners, the investment vehicle created by businessman Andile Ngcaba, has acquired Ctrack’s operations in Africa and the Middle East from Nasdaq-listed Inseego.
Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as R1.5-billion by April with the industry poised to grow.
Eskom is expected to complete its unbundling into three divisions by December 2022, according to national treasury.
South Africa signalled a shift in budgetary policy, backtracking on planned tax increases as it switched focus to reigniting the coronavirus-battered economy by bolstering consumption and investment.
South Africa could spend as much as R19.3-billion over the next three years to vaccinate most of its population against Covid-19, national treasury said in a budget presented to parliament on Wednesday.
A group of human rights lawyers has launched a class-action lawsuit against Uber South Africa, seeking to support the company’s thousands of local drivers with better pay and benefits.
Spotify will nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion people around the world.
JSE-listed Imperial Logistics announced on Tuesday that it has bought South African e-commerce logistics specialist Parcelninja. Terms of the deal were not disclosed.
Nasa scientists on Monday unveiled first-of-a-kind home movies of last week’s’ daredevil Mars rover landing, vividly showing its supersonic parachute inflation over the red planet.