Africa is about to get its first listing of a medical cannabis-focused SPAC, or special purpose acquisition company, when Cilo Cybin Holdings raises money in Johannesburg later this year.
Corruption at licencing departments continues unabated; load shedding worse than burglaries for insurers in SA; as the bus strike enters its ninth day, workers risk being fired; and Joburg's council mess continues.
A big chunk of Rosebank along Oxford Road has undergone major construction work over the past several years as part of a major new precinct development project, bringing 300,000 square metres of mixed-use space to the cosmopolitan commercial and reside...
South Africa's new anti-terrorism laws face backlash; government proposes new grants to replace the R350 distress grant; Eskom and other state companies hit by protection rackets; and new investigation uncovers deep rot in eThekwini.
South Africa’s economy shrunk below the size of what it was prior to the Covid-19 pandemic struck in the second quarter, hit by damaging floods and severe power outages.
Shoprite says that it is planning for rapid expansion in South Africa, adding hundreds of new stores, and building a massive new campus in Johannesburg.
Shoprite on Tuesday (6 September) published its annual financial results showing a 9.6% increase in group sales - equating to an additional R16 billion spent by customers over the period, compared to 2021 which included an additional week of trade.
Johannesburg’s OR Tambo International Airport was forced to close one of its runways after dry grass caught fire and “spilled over from the adjacent community within the airport precinct,” it said via Twitter.
Listed retailer The Foschini Group (TFG) says that the final Competition Commission approval for its acquisition of Tapestry Home Brands will allow it to apply its localisation strategy to furniture manufacturing, with significant job-creation and supp...
Road Freight Association says lower petrol prices should lead to lower fuel prices; SANDF warns of low morale and budget cuts hit; Eskom says two more metros are now struggling to pay up their debts; and German authorities reportedly investigating…
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