Stakeholders are concerned the continued closure of Durban beaches will have a devastating impact on festive-season trade.

JSE-listed Tongaat Hulett this week outlined its plans to loosen the more than R6bn debt chokehold it is in, including possible equity capital injections from strategic partners or the sale of some or all of its operations elsewhere in Africa.

In a bold move, the group is opening 275 stores this year as part of its R5.9bn capital expenditure programme

The Discovery CEO says the vaccine rollout is a case in point.

JSE-listed Bidvest, which operates in a range of industries from facilities management to motoring, hygiene and healthcare, expects global supply chain shortages - particularly in the automotive sector - to continue into next year.

After years of reporting losses in the glare of the public eye, Massmart in a surprise move this week announced plans to go private as a fully owned subsidiary of US retail giant Walmart, a move the company and analysts say offers the best chance of turning around its flagging fortunes.

In its first major capacity expansion at Sun City in 17 years, Sun International is investing nearly R300m to accommodate up to 400 additional people at the iconic resort’s Vacation Club complex.

With the world reeling because of supply chain shortages and soaring costs due to the pandemic and the Russia-Ukraine conflict, Coca-Cola’s focus on local sourcing is paying dividends for its South African operations.

Woolworths is planning to invest R8bn in the next three years, some of which will be used to expand its food business to tap into the lucrative pet, wellness and liquor markets.

The deal will see an “expected inflow of foreign direct investment” of R6.4bn.