Partners at war: Directors of coal producer Arnot OpCo have asked the high court to dismiss a business rescue
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Home affairs has dropped central adjudication
DHA reverses central adjudication of visas, which has caused extreme delays in issuing these
One of South Africa’s biggest retailers has major plans to create jobs
TFG says final Competition Commission approval for its Tapestry Home Brands acquisition will allow it to apply
Pick n Pay Clothing aims for 60% local by 2028
Pick n Pay Clothing is aiming to source 60% of its products locally within the next five years.
Radical economic transformation is coming
Policy reform, such as what we saw last month about the energy sector, could prove to be the turning point to lift
Debt-laden Rebosis in business rescue
Rebosis Property Fund has gone into business rescue in which it will implement a turnaround plan in a bid
Why Foot Locker remains a no-moat business
As the world’s best consumer brands focus on direct-to-consumer strategies, Foot Locker’s experimentation with different store formats…
How Spur got back in the saddle
Projections for SA’s restaurant sector are relatively good. The industry is expected to show a CAGR of 8.6% from 2022 to 2026, according to Euromonitor.
Jobless rate drops unexpectedly in Q2
Where did the extra jobs come from? Seems the lifting of all lockdown restrictions & normalisation of economic activity supported some job creation.
What an effective budget process would look like
Spending on infrastructure expands economic capacity, making it possible to grow employment and production.
Treasury has allocated 30% more to build infrastructure
National Treasury is increasing its spending on infrastructure by 30%, boosting the budget to R812bn over the next 3 years.
Farmers meet to strategise against Land Bank liquidations
A court application has been launched to amend the Insolvency Act to extend business rescue to include trusts and natural persons.
Kicking for touch
Kicking for touch has become a misnomer used to describe a litigant seeking to use every trick in the book to delay the finalisation of court proceedings.
Deutsche Bank to boost team in Africa
Deutsche Bank has hired a senior corporate originator in SA – someone who sources clients and deal opportunities…
Denel announces turnaround strategy
Denel announces turnaround strategy After a really long, hard struggle...
EU to release some SA citrus
EU to release some SA citrus, but worried growers say new rules are still a...
Transnet far from being financially and operationally sustainable
Transnet is far from being financially and operationally sustainable despite...
US investors visit South Africa with an eye on renewable energy
US investors visit South Africa with an eye on renewable energy. If...