Manufacturing activity contracted for the first time in a year in July, when South Africa experienced severe power cuts, Absa said on Monday.
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David Hirsch, the former Incredible Connection executive director who last year launched a new retail venture, TechMarkit, has opened the company’s first store.
The recapitalisation of Cell C is taking longer than expected, and will now only be concluded “towards the end of August”.
MTN Group said it expects headline earnings per share to jump by between 40% and 50% in the six months to 30 June 2022.
Meta Platforms CEO Mark Zuckerberg has told staffers the company had planned for growth too optimistically.
Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels.
Eskom has met with CEOs and top leadership from at least 70 businesses in a JSE- and Business Leadership South Africa-led session.
Promoted | Having served its purpose in ushering in high-speed Internet access in South Africa, ADSL has now reached the end of its life.
Promoted | FNB Connect, through its Service Provider Value added Services business, has extended its software vouchers to more business clients.
EOH Holdings should be in a position to announce its capital-raising plans when it publishes it full-year results to 31 July 2022.