Covid-19 continues to knock Truworths' sales
Truworths says the Covid-19 pandemic continues to materially impact on its operations in South Africa and the UK. The clothing retailer's sales declined by 8.5% for the 26 weeks ended 27 December 2020...
Truworths says the Covid-19 pandemic continues to materially impact on its operations in South Africa and the UK. The clothing retailer's sales declined by 8.5% for the 26 weeks ended 27 December 2020...
The Trump administration took another swipe at China and its biggest firms on Thursday, imposing sanctions on officials and companies for alleged misdeeds in the South China Sea. It also imposed an i...
The streets of the capital Lisbon are deserted as Portugal enters a fresh national lockdown. In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a wo...
Retailer Truworths International said on Friday its profit for the half year ended December 27 will likely fall by between 4% and 9% as its operations across the UK and South Africa were hit by weak s...
Millions of coronavirus vaccine doses secured by the African Union (AU) will be allocated according to countries’ population size, South African President Cyril Ramaphosa said on Friday. Ramaphosa, wh...
Government recently announced a third blanket ban on alcohol trade as part of an attempt to address the second wave of coronavirus infections. President Cyril Ramphosa admits this could have consequen...
Annual inflation in Nigeria rose in December for the 16th straight month to a more than three-year high, the National Bureau of Statistics said on Friday, as rising food costs lifted the price index. ...
Companies are now booking their supplies for quarter two to four: Anban Pillay, health department. South Africa’s health department expects to finalise accords to buy millions of additional coronaviru...
South African Breweries, part of Anheuser-Busch InBev, has cancelled a further R2.5 billion of investment earmarked for 2021 following a third local ban on alcohol sales in the country, it said on Fri...
Stock markets struggled Friday as investors weighed mounting coronavirus concerns and President-elect Joe Biden's proposed $1.9-trillion stimulus package appeared to have already been largely priced i...
Investigators from the Hawks probing bitcoin trading platform Mirror Trading International are working with colleagues investigating an earlier alleged bitcoin scam uncovered in 2018, called BTC Globa...
The National Planning Commission (NPC) says South Africa would have been in a better position to deal with the health and economic devastation of the Covid-19 pandemic if there was better implementati...
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally, while investors assessed what impact a potential U.S. stimulus package will have on driving fuel d...
Unless the picture changes dramatically for South Africa's fragile economy by the end of January, the price of petrol could increase by 80 cents a litre, diesel by around 61 cents a litre, and illumin...
Yidu Tech Inc., which offers artificial intelligence and big data products to the health-care industry, saw its shares jump 148% in its Hong Kong debut after a HK$4.12 billion ($531 million) initial p...
South African stocks held steady near recent all-time highs on Friday as investors scrutinised US President-elect Joe Biden’s much-anticipated $1.9 trillion relief plan for the world’s largest economy...
South African Breweries (SAB) has cancelled a further R2.5 billion of capital investment following the third blanket ban on alcohol sales, it announced on Friday. In announcing the ban, President Cyri...
Futuregrowth Asset Management said the government’s plan to drop a partial guarantee in a proposed restructuring of its beleaguered Land and Agricultural Development Bank of South Africa is “alarming”...
South Africa on Friday delayed the start to its new school year by two weeks to Feb. 15, in order to prevent schools becoming transmission centres for COVID-19, as new cases have hovered around 20,000...
Hong Kong stocks ended Friday on a positive note after Joe Biden unveiled a $1.9 trillion economic recovery plan, while traders remain upbeat about the long-term recovery outlook. The Hang Seng Index ...
Europe's main stock markets lost ground in opening deals on Friday, as investors took profits after solid gains the previous day. London's benchmark FTSE 100 index of major blue-chip companies fell 0....
Tokyo stocks opened marginally higher before slipping into negative territory on Friday, with investors watching details of incoming US president Joe Biden's plan for new stimulus. The benchmark Nikke...
A bribery probe into British American Tobacco was dropped by UK prosecutors who said that they were unable to find sufficient evidence of corruption. The UK Serious Fraud Office said that “following e...
Joe Biden's $1.9 trillion stimulus proposal was met with a shrug in Asia Friday as observers said the massive spending spree had been largely factored into valuations, while profit-taking weighed on m...
Sibanye Stillwater, one of South Africa’s largest precious-metals producers, offered to help the government’s vaccination campaign by inoculating hundreds of thousands of mineworkers and people living...
South Africa’s rand weakened early on Friday, in line with other emerging market currencies, as the dollar firmed on global markets. At 0702 GMT, the rand traded at 15.16 versus the dollar, down rough...
Concor (formerly Murray & Roberts Construction) has completed a fast-track Covid-19 facility at Jubilee Hospital in Hammanskraal, north of Pretoria, using innovative technology. The facility was hand...
Xiaomi plunged 11% after the Trump Administration blacklisted China’s No 2 smartphone maker and 10 other companies, broadening efforts to undercut the expansion of the country’s technology sector. The...
Sibanye Stillwater, one of South Africa’s largest precious-metals producers, offered to help the government’s vaccination campaign by inoculating hundreds of thousands of mineworkers and people living...
President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan is designed to both pump money into the economy and contain the coronavirus pandemic. The plan includes a wave of new spending, including...
Although some neighbours are attempting to stop the outgoing president from taking up permanent residency there. Donald Trump plans to fly to his Mar-a-Lago resort in Florida the morning of Joe Biden’...
South Africa’s health department expects to finalise accords to buy millions of additional coronavirus vaccines within about a month and has agreed on an expedited payment process with the National Tr...
British airline easyJet says the country's National Health Service will train hundreds of its cabin crew to administer COVID-19 vaccines under a fast-track scheme designed to help boost the country's ...
Include the right to call witnesses to an insolvency inquiry, appoint investigators and solicit information from banks. The investigation into a failed South African Bitcoin trader is deepening as pro...
China’s economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share of global trade and investment. The wor...
Facebook has seen an increase in signals indicating potential future acts of violence associated with efforts to contest the result of the U.S. presidential election since the Capitol siege last week,...
Hollywood movies suffered an unprecedented 80% slump in box office revenue in North America in 2020 as the coronavirus pandemic closed movie theaters and studios held back the release of scores of new...
The Flip is an editorial-style podcast exploring more contextually relevant insights from entrepreneurs and investors changing the status quo in Africa. Produced and hosted by Justin Norman. Our expl...
San Sereno, an Auria Senior Living (Auria) community in the Johannesburg suburb of Bryanston, was named one of five winners of the Argentum 2020 Senior Living by Design Awards. Based in the US, Argent...
It is written in the annals of marketing 101 (I didn't actually attend any of these lectures, but I do recall reading this in the study notes I stole) that every year needs to begin with a trends emai...
It is written in the annals of marketing 101 (I didn't actually attend any of these lectures, but I do recall reading this in the study notes I stole) that every year needs to begin with a trends emai...
According to the Re/Max National Housing Report Q4 2020, South Africa's real estate market has shown a remarkable recovery following the hard lockdown and the Deeds Office closure that occurred in the...
According to Yael Geffen, CEO of Lew Geffen Sotheby's International Realty, executives who take note of new emerging trends as the world transitions to the next paradigm will be able to reset their co...
Engen has introduced its own private label convenience brand, Quickshop & Co., focused on offering quality, locally-sourced products at a competitive price. The Quickshop & Co. range of proudly South ...
// Employment Appeal Tribunal upholds earlier order by Employment Tribunal that Tesco has to hand over info about warehouse staff. // This includes info on the activities and work they do and how much...
// The shopping centre owner has begun search for replacement. // James Lenton will remain in his role and as executive director until a successor is found. Hammerson has said its chief financial offi...
The renovation involved, among other things the addition of eight additional guest rooms with balconies, also adding balconies to several of the existing rooms. There is also a heated pool and expand...
Recent legislative changes have made it easier for foreigners to live and work in the country. Mauritius has long been valued as a jurisdiction with an efficient and effective regulatory framework and...
No outlook for 2021 and beyond would be complete without including Covid-19 and the vaccines deployed against it. The other top themes likely to find traction this year are reflation, a global move to...