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Vodacom turns in a strong first quarter

23 Jul 2021 /  Duncan McLeod, TechCentral  
Reported a strong 9% advance in revenue in the first quarter of its 2022 financial year, reaching R24.8 billion.

Sipho Maseko to step down as Telkom CEO

23 Jul 2021 /  Duncan McLeod   7
He will depart on 30 June 2022.

NGK Spark Plug Co referred to Competition Tribunal for prosecution

23 Jul 2021 /  Roy Cokayne   9
Allegedly involved in price fixing and collusive tendering for supplies to vehicle manufacturers.

Cape Town’s vaccine manufacture coup

22 Jul 2021 /  Palesa Mofokeng   6
Ramaphosa hails Biovac deal to produce more than 100m doses of Pfizer-BioNTech vaccine in the Mother City.

WeBuyCars buys the Dome to create enormous used car dealership

21 Jul 2021 /  Moneyweb   21
'...Another devastating blow for the exhibitions, events and entertainment industry due to Covid-19' - RX Venue Management.

Pick n Pay: 136 stores were looted, damaged

21 Jul 2021 /  Suren Naidoo   17
Two of the group’s distribution centres in Pinetown Durban were also ransacked and vandalised.

Truworths SA sales performance surprises to the upside

21 Jul 2021 /  Suren Naidoo   1
Despite the pandemic-boosted work-from-home trend.

Imperial Logistics in talks to buy transport firm J&J Africa

20 Jul 2021 /  Loni Prinsloo, Bloomberg  
Ahead of its own takeover by DP World.

Watercrest Mall and City View are Growthpoint’s worst-hit properties in KZN

20 Jul 2021 /  Suren Naidoo   3
Seven of the group’s properties were affected by recent looting and destruction – all of which were in the province.

Over 200 Shoprite group stores looted in last week’s unrest

20 Jul 2021 /  Suren Naidoo   14
Including 69 Shoprite, 44 Usave, six Checkers, one Checkers Hyper, 54 LiquorShop outlets and 35 furniture stores.

Prosus, SoftBank lead food delivery startup’s funding round

20 Jul 2021 /  Saritha Rai, Bloomberg  
Just days ahead of rival Zomato Ltd.’s listing.

Despite uncertainty Toyota SA to resume production at its Durban plant

20 Jul 2021 /  Roy Cokayne   11
After an eight-day halt because of the unrest in KZN.

New window for UIF Ters applications now open

20 Jul 2021 /  Palesa Mofokeng   1
For those impacted by the Level 4 lockdown such as the tourism, hospitality and liquor sectors.

Woolworths reports 118% increase in online food sales

19 Jul 2021 /  Duncan McLeod  
In the 52-week period to June 27, 2021.

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