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Richemont clarifies its dividend tax position

Sars will ensure the full 20% dividends tax is deducted.

The Pick n Pay ship is slowly turning around

Records its strongest performance in five years.

PSG still sees significant growth potential in SA

… despite prevailing conditions and sub-par economic growth prospects.

Pick n Pay H1 profit jumps 19% as price cuts lure buyers

To keep attracting struggling consumers, Pick n Pay reduced prices across 2 500 every day grocery lines.

BAT warns that smoking alternatives will miss goal this year

The London-based tobacco company’s shares have lost a third of their value this year amid a selloff of cigarette makers.

Creditors call the shots at Steinhoff

As management asks for an extension on the lock-up agreement.

Discovery Life defends its decision to disclose client information

CEO Hylton Kallner says court files have been sealed and provides context.

Food companies boot legacy brands in pursuit of millennial cash

Food companies are looking to refocus their products to boost revenue in a world where millennials and Generation Z have power.

Famous Brands sees R874m impairment as UK burger business struggles

The company expects the sustained underperformance of its UK Gourmet Burger Kitchen (GBK) business to record an operating loss of 2.6 million pounds.

Stephen van Coller in EOH share buying spree

The counter has shed more than two-thirds of its value in the past 12 months.

Nedbank to buy back shares from minority shareholders

As part of the plan, Old Mutual spun-off a majority stake in Nedbank and now holds around 19.9%.

Iconic US retailer Sears files for Chapter 11 bankruptcy

The fate of Sears itself will depend on the willingness of creditors and suppliers to keep the company afloat.

Steinhoff requests one-month lock-up agreement extension

Delaying it until November 20.

Tesla boosts Hong Kong chargers to help stem slide in sales

Since Hong Kong scrapped tax incentives for private-use EVs in April 2017, Tesla has managed to sell just 40 cars through February compared with 2 939 sold in March last year.

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