International investors buying South African company for R1.4 billion
American investors are looking to purchase Metrofile for R1.4 billion as they look to establish a presence in Africa.
Business
Woolworths Ballito Food Market officially opens
Woolworths has officially opened its new Ballito Food Market. Hot on the heels of the recent store openings of the Durbanville and Tygervalley Woolworths stores, the Ballito launch brings the future of Woolies shopping to the KwaZulu-Natal North Coast.
Read MoreMajor international retailer trying to crack South Africa
Walmart Inc. wants another shot at cracking the Africa market. This time, it’s staking its name on it.
Read MoreSouth African SMEs uged to prepare for Black Friday surge
As South Africa approaches the busy Black Friday trading period, experts are urging small and medium-sized enterprises (SMEs) to view the event as more than just a sales spike.
Read MoreInternational retail giant already taking over shopping malls in South Africa
The expansion of MR DIY has flown under the radar in South Africa, with it already opening multiple stores in the country.
Read MorePnP Clothing opens 400th store in Roodepoort
PnP Clothing has opened its 400th stand-alone store at Westgate Mall in Roodepoort, Gauteng. This marks more than two decades of consistent growth for the brand and reflects its increasing relevance in South Africa’s dynamic retail landscape.
Read MoreSouth Africa has the worst maternity leave in the world
South Africa is at the bottom of the world’s rankings regarding maternity leave, with mothers not guaranteed any maternity pay.
Read MoreOUTsurance profits surge even as international business records R450 million loss
OUTsurance has seen its headline earnings surge 37% over the past year, even as the operating loss of its new Irish business widened to almost R450 million, with the business still years off from profitability.
Read MoreLucky Star-owner feels the pain
Oceana expects a significant drop in earnings for its 2025 financial year as lower fish oil prices in the United States weighed heavily on the company.
Read MoreThe South African drinks company coming after a R25 trillion market
South Africa’s PURA Beverage Company has secured major global investment to accelerate its international expansion.
Read MoreWomen-led Alignd attracts E Squared investment for healthcare solutions
Alignd, a women-founded and led healthcare business, recently received an investment from E Squared Investments.
Read MoreBillionaire Johann Rupert’s South African investment group set for big earnings boost
Johann Rupert’s South African-focused company, Remgro, is expecting a large rise in earnings.
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