Shoprite spent R1.3 billion on diesel to power generators so that it could keep operating during load shedding.
Meat prices in South Africa are tracking lower, and there is some hope that vegetable prices will also start to normalise.
The US Federal Reserve will likely hike rates this week, spelling bad news for the rand.
Government worried about US kickback as AGOA Forum approaches; Eskom chair optimistic about the end of load shedding; Blue Light bullies charged with 12 counts; and sugary products under price pressure.
Despite the challening economic enviroment facing South Africa, the number of liquidations has decreased in the first half of 2023 compared to the same period in 2022.
The city of Tshwane faces an uphill battle to sort out its finances, with the city desperately needing residents to pay for their services.
Power utility Eskom says that load shedding will have to be pushed higher as units stay offline for longer than planned.
Telkom's bosses didn't get any bonuses after delivering a huge loss - but they still took home handsome salaries.
According to President Cyril Ramaphosa, the failure of public infrastructure is leading to poor service delivery across many parts of the country.
South Africans have spent a significant portion of the year so far in total darkness - and things aren't letting up.
© 2022, Instive. All rights reserved
