News
Stellantis to grow multi-brand dealerships
Stellantis detailed its ambition to increase revenues in the region by 40% while maintaining a double-digit operating margin. This will be driven by a major shift in vehicle sourcing, with a target to reach 90% of sales through 22 brands.
Acsa flies closer to the sun
As part of efforts to reduce aviation’s carbon emissions, solar power is being installed at local airports, with Cape Town International leading the way for the big three
Isuzu sends SOS call for energy price relief for steel industry
A commercially sustainable steel industry and globally competitive downstream industries should not be competing interests, says Billy Tom
Prudential Authority pushes for overhaul of payments rules
Incumbent banks have called on the central bank to ensure a fair payments system as South Africa’s non‑bank entities, including retailers and telcos, enter the payments ecosystem, according to Prudential Authority CEO Fundi Tshazibana.
Electric car sales surge sparks Absa and BYD finance tie-up
The expanded alliance adds dealer finance, customer funding and insurance as EV demand grows
SA reforms bolster investor appeal, says Turlov
Turlov says SA remained 'a good continental jurisdiction' and a great platform to attract investors
How Studio 88 became a growth engine for Mr Price
The Durban-based retailer's decision in 2022 to acquire Studio 88 has become one of the group's most successful strategic moves, reshaping its earnings profile, broadening its customer base and giving it a stronger foothold
AI chip demand shock pushes up consumer prices
Personal computing becomes more expensive just as more powerful hardware is needed for AI-enabled software. That creates a widening affordability gap.
Pula abandons appeal in SA, presses ahead with Tanzania case
Company says its R3.4bn dispute with Patrice Motsepe is far from over
Edgars to open 50 new stores as turnaround strategy gathers pace
Retailability CEO says at 97 years old, the brand still has significant growth ahead of it
FNB backs Balwin’s R470m rental housing development
FNB Commercial Property Finance has committed R470m to fund Balwin Properties’ rental housing development, reinforcing its growing focus on South Africa’s expanding residential rental market.
Cape Town collects its own household stats
Cape Town says its vision is to conduct a large-scale household survey every three years to gain accurate and up-to-date socio-economic data for all of its suburbs.
Study finds loss of child support grant damages mental health
A recent paper has found evidence that the cessation of the child support grant increases depressive symptoms in adolescents.
Pressure mounts as Absa revamps leadership
Executive exits and fresh appointments come as bank lowers expectations for returns
Businesses shift to private AI models to retain data control
Businesses are rethinking how much data they hand over to public artificial intelligence (AI) models, shifting instead to smaller, private systems built on their own infrastructure to keep control of their information.
























