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Higher life insurance premiums for the unvaccinated on the cards

9 Dec 2021 /  Akhona Matshoba  
Some of the country’s biggest life insurers say new customers who refuse to get vaccinated may be classified as higher risk and as such might incur higher premiums.

Omicron might not be that bad after all

9 Dec 2021 /  Adriaan Kruger  
Netcare and Mediclinic report fewer hospital admissions despite the surge in Covid-19 cases.

Omicron symptoms ‘far milder,’ Netcare CEO says

8 Dec 2021 /  Janice Kew, Bloomberg   1
Even as as omicron is driving up the number of people testing positive for the virus. 

Dis-Chem gets tough on unvaccinated employees

8 Dec 2021 /  Moneyweb   6
Those who haven't received their shots by February will pay for weekly tests, wear N95 masks ….

RMI shares soar 9% on R8.7bn profit from sale of UK insurer Hastings

8 Dec 2021 /  Akhona Matshoba  
Group says profits from the sale will go towards reducing its debt.

Petrol service station Reit to list on JSE’s AltX

8 Dec 2021 /  Roy Cokayne   2
Shares in Afine Investments are being listed on Thursday at R3.67 per share.

Sygnia performs despite ‘turbulent’ economic environment

8 Dec 2021 /  Adriaan Kruger  
Offshore expansion the next thing to watch.

Saccawu’s compromise ends Massmart strike woes, after almost three weeks

7 Dec 2021 /  Akhona Matshoba  
A job reinstatement programme for Game employees and a wage increase for Builders Warehouses employees were some of the major settlement agreement points.

Strike ends at Walmart-owned Massmart

7 Dec 2021 /  Nqobile Dludla, Reuters   1
After agreement reached.

Tencent invests in TymeBank

7 Dec 2021 /  TechCentral  
The finalisation of the investments is subject to normal conditions precedent and regulatory approvals.

Nampak still burdened with debt

7 Dec 2021 /  Adriaan Kruger  
Its prospects nonetheless look bright, even though investors remain largely unconvinced.

Tongaat Hulett flags headline loss of up to R266m

6 Dec 2021 /  Moneyweb  
As hyperinflation in Zimbabwe, as well as the July unrest in KwaZulu-Natal and Covid-19 pressures, puts a spanner its turnaround plans.

MTN Uganda shares climb 2.5% on debut after muted IPO demand

6 Dec 2021 /  Fred Ojambo and Helen Nyambura, Bloomberg  
After an initial public offering that was undersubscribed by 35%.

Salmonella detected in a batch of Safari nut products

6 Dec 2021 /  Palesa Mofokeng  
Pioneer Foods is launching a recall of the contaminated products.
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