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Akhona is a passionate young financial journalist who covers the retail, property and tourism sectors. She has a keen interest in the South African digital media space, podcasting and financial education for the youth.

Massmart FY sales drop, Game continues to pull performance down

28 Jan 2022 /  Akhona Matshoba
Makro and Builders Warehouse see positive sales growth boosted by retail sales and a recovery in liquor trading.
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Godongwana says growth of SMEs critical to stimulating sluggish economy

28 Jan 2022 /  Akhona Matshoba
Reiterates government’s commitment to reducing red tape in business and positioning SA as the inter-regional trade engine.

Shoprite shows double-digit sales growth, indicating market share gains

27 Jan 2022 /  Akhona Matshoba
The group’s Checkers and Checkers Hyper segments continue to chase dominance in the premium food space, reporting higher sales growth than competitor Woolworths.

Harmony Gold reports steady H1 production in SA, lowers sister mine targets

27 Jan 2022 /  Akhona Matshoba
Papua New Guinea mine subjected to geotechnical issues and other operational disruptions.
3

Telkom awaits further clarity on Ramaphosa-sanctioned SIU probe

26 Jan 2022 /  Akhona Matshoba
Following President Ramaphosa instructing the SIU to investigate wide-ranging maladministration and possible employee misconduct at the telco dating back as far as 15 years.

Motus sees half-year profit surging up to 55% amid global supply disruptions

25 Jan 2022 /  Akhona Matshoba
Group expects to see inventory supplies normalise in 2023 financial year.

SA’s handle on public sector corruption no better than it was 10 years ago

25 Jan 2022 /  Akhona Matshoba
Promises to uproot corruption at its source ‘have not manifested in any real consequences for the perpetrators’ – Corruption Watch.

Mr Price and TFG report strong festive season growth

21 Jan 2022 /  Akhona Matshoba
Supported by consumers returning to stores and the promotional season.
UPDATE
1

Growth in Woolies Food division slows

20 Jan 2022 /  Akhona Matshoba
Group’s overall half-year performance also significantly affected by Australia’s prolonged Covid-19 lockdown restrictions and South Africa’s July riots.

Richemont records over 30% sales growth in three months to December

19 Jan 2022 /  Akhona Matshoba
Reporting a healthy cash position and exceeding pre-Covid-19 sales levels.
3

BLSA accepts Bain’s resignation

18 Jan 2022 /  Akhona Matshoba
The business body which represents some of businesses’ top CEOs says it looks to raise the ethical standards of SA business.
1

Vodacom shareholders green light R41bn Vodafone Egypt acquisition

18 Jan 2022 /  Akhona Matshoba
CEO says the move will play a significant role in transforming the telco into a tech company.

Africa an investment hotspot as fintech goes mainstream

18 Jan 2022 /  Akhona Matshoba
Continent secured about $1.5bn more in investments in 2021 than in 2020.

Coca-Cola launches new African sustainability platform, Jamii

17 Jan 2022 /  Akhona Matshoba
Focusing on key sustainability aspects such as water stewardship, waste management and economic empowerment on the continent.

‘Aarto targeted revenue generation, not changing driver behaviour’

14 Jan 2022 /  Akhona Matshoba
Automotive sector body and the Road Freight Association react to the Pretoria High Court’s decision on the constitutionality of the Administrative Adjudication of Road Traffic Offences Act.
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