Wheels in motion to roll out fresh stocks for supermarket shelves

Banela Ginindza|Published

Major decisions in the efficient use of SA's ports and rail infrastructure for restocking of supermarket shelves are expected to be rolled out today.

SA has ample food supplies, no need to panic, say economists

Banela Ginindza|Published

South Africa?s food security is secure for the rest of the year.

Rand continues downward trend against dollar despite interest cut

Banela Ginindza|Published

The rand yesterday continued its downward trend against the dollar.

Rand and oil prices break record lows due to virus

Banela Ginindza|Published

The rand and oil prices broke record lows yesterday.

SA's first coronavirus case knocks rand

Banela Ginindza|Published

Currency falls to R15. 52 against the dollar yesterday as the market digested news of the confirmation.

Shares in Truworths International leap by nearly 8%

Banela Ginindza|Published

Shares in Truworths International, with its primary markets in the UK and South Africa, leapt nearly 8 percent

Investor sentiment on about-turn helps SA local stocks to rally

Banela Ginindza|Published

Firms stockpiling on precious metals to ease the effects of the coronavirus outbreak put investor sentiment on an about-turn.

WATCH: Labat Africa moves to cement position in cannabis sector

Banela Ginindza|Published

Investment group Labat Africa has moved to entrench its position in the cannabis sector with the R15million acquisition of cannabis education and training firm CannAfrica ...

Blue Label shares rise on good news of interim results

Banela Ginindza|Published

Blue Label Telecoms?s share price leapt 5percent after it said it expected its interim results to increase by 20%.

Stern action over Eskom corruption promised

Banela Ginindza|Published

The South African Institute of Chartered Accountants (Saica) is threatening stern action against any of its members implicated in corruption at Eskom.

WATCH: Gold has finally climbed out of its 25-month black hole

Banela Ginindza|Published

This all accounted for a seasonally adjusted mining production decline of 0. 9percent in the three months ended November 2019.

Fedusa parts ways with long-serving George

Banela Ginindza|Published

The Federation of Unions of South Africa (Fedusa) yesterday officially parted ways with its long-serving general secretary Dennis George.

Apprehensive rand teeters on back foot after IMF warning

Banela Ginindza|Published

A jittery rand rattled the cage after a warning by the International Monetary Fund team and as emerging markets took strain from a stronger dollar.

Tsogo Sun on the hunt for real estate investments

Banela Ginindza|Published

Gaming, Leisure and Hospitality group Tsogo Sun is on the prowl for real estate investment trust (Reit) acquisitions.

Ailing economy douses hopes of any bonus, pay increases

Banela Ginindza|Published

South African senior professionals are neither optimistic about a bonus this year nor a salary increase in the new year.

Downgrade to junk is looking ever closer

Banela Ginindza|Published

South Africa might have narrowly dodged a bullet in escaping a downgrade to junk status by Moody?s Ratings Services last week.

Regulations for pet food found in need of a review

Banela Ginindza|Published

The Department of Agriculture, Land Reform and Rural Development is reviewing regulations around the manufacture of pet food.

Blue Label Mobile for sale to settle debt

Banela Ginindza|Published

Telecommunications group Blue Label Telecoms is selling its Blue Label Mobile for close to R1billion to settle its debts.

Security industry strike looms as wage talks fail

Banela Ginindza|Published

The South African Transport and Allied Workers Union (Satawu) yesterday warned of a possible strike in the private security industry.

BHP Group predicts lower, more normal demand trajectory

Banela Ginindza|Published

Iron Ore futures slipped after BHP Group forecast that iron ore supply in the longer-term was ?expected to return to a more normal trajectory?.

Italtile boosts BBBEE rating by partnering with SA's Yard

Banela Ginindza|Published

The BEE Transaction is expected to enhance Italtile?s BEE ownership credentials for a period of at least three years.

Bell Equipment reports an 8% rise in its revenue

Banela Ginindza|Published

Bell, which declared a 20?cents a share interim dividend, similar to that of the last financial year, said profit rose 14?percent to R152. 3?million.

SA Express to replace local flight routes with destinations on the African continent

Banela Ginindza|Published

State-owned medium- to short-distance carrier SA Express has dumped local routes to focus on continental destinations.

HomeChoice to launch site on Oracle Cloud Commerce

Banela Ginindza|Published

HomeChoice International has partnered with Oracle to launch a new e-commerce website.

Strong African momentum drives Distell’s growth

Banela Ginindza|Published

The group says that the operations would be divided into international spirits, exports, and premium wine