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Domestic tourism ‘is the only market’ right now – Tsogo Sun Hotels CEO

27 Sep 2021 /  Suren Naidoo   2
Marcel von Aulock talks about developments at SA’s largest hotel group in the face of the pandemic, the broader tourism industry’s recovery, and how the vaccination drive is crucial for the sector.

Spur posts full-year profit, despite group revenue declining

23 Sep 2021 /  Akhona Matshoba   4
The group says the improved performance is a sign of a slow but positive recovery.

France’s Canal+ buys an even bigger stake in MultiChoice

23 Sep 2021 /  Duncan McLeod, TechCentral   1
Taking its shareholding to 15%.

Clicks CEO Vikesh Ramsunder resigns to take up top job in Australia

UPDATE
23 Sep 2021 /  Akhona Matshoba   6
Group appoints Bertina Engelbrecht as its first black female CEO, with her appointment being effective from January next year.

Remgro ‘still trading at a significant discount’ – Durand

23 Sep 2021 /  Suren Naidoo   1
But share price hits 52-week high as investments in RCL, Distell, TotalEnergies and RMI Holdings boost full-year earnings.

Sasol maps out its future

23 Sep 2021 /  Adriaan Kruger   8
Moving from dirty and harmful coal to zero emissions by 2050.

SAA takes to the skies after being grounded for 544 days

23 Sep 2021 /  Akhona Matshoba   23
The once-dominant national carrier is on the back foot as it resumes operations with a modest fleet.

Stanlib’s head of listed property Keillen Ndlovu resigns

22 Sep 2021 /  Suren Naidoo   1
Nesi Chetty to take over top post upon Ndlovu’s departure at the end of October.

Absa mulls new R9.6bn empowerment plan

22 Sep 2021 /  John Bowker, Bloomberg   2
Could constitute as much as 8% of South Africa’s third-largest lender, worth about R9.6 billion at current prices.

Telkom’s Openserve is next up for a JSE listing

22 Sep 2021 /  Duncan McLeod   1
A listing of Telkom’s data centre assets is also a possibility.

Authorities greenlight Burger King sale

UPDATE
21 Sep 2021 /  Akhona Matshoba   23
...with hefty BEE-centred conditions.

DStv internet service launched in deal with MTN

21 Sep 2021 /  Duncan McLeod   2
Offering three data packages designed for streaming media.

Budweiser brings environmentally friendly beer cans to Europe

21 Sep 2021 /  Joe Deaux, Bloomberg    2
New metal-making technology doesn’t emit carbon dioxide.

Evergrande crisis not China’s Lehman moment, Citigroup says

21 Sep 2021 /  Bloomberg News    2
Growing investor angst about Evergrande and a crackdown on China’s real-estate sector have caused a chain reaction across global risk assets.
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