Stage 6 load shedding costs SA over R4 billion a day, which will shrink GDP in Q3.
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News
Taxes on Chinese tyres may make travel in SA costly
A battle is raging over Chinese tyres flooding into SA. Importers argue higher duties will make travel…
Goodbye SA Express – final liquidation order granted
Goodbye SA Express – final liquidation order granted As SA Express is grounded for good,
IDC turns last year’s loss into a R6.3bn profit
The state-owned IDC has returned to profit at the group level and substantially grew its asset base…
Regulator gets its way on the fate of Health Squared
Health Squared, the embattled medical scheme that last month sought voluntary liquidation
Tongaat Hulett makes progress with its debt restructuring
Financially troubled JSE-listed sugar producer and property company Tongaat Hulett says it is making
Arnot fights partner’s business rescue bid
Partners at war: Directors of coal producer Arnot OpCo have asked the high court to dismiss a business rescue
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.