Mail & Guardian
Mail & Guardian
Franz Wild

Creator

Franz Wild

Slice of the action: Pizza Hut is embarking on an aggressive push to conquer the African market.

The Guptas have ‘not fled the country’, says Oakbay CEO

Nazeem Howa, chief executive of Oakbay Investments, insists that members of the Gupta family who reportedly left the country are not in hiding.

Greenpeace activists protest against Shell’s oil drilling project in the Arctic.

Gupta’s grip – state ‘captive to networks of patronage’

An analyst at the Institute for Security Studies said that South Africans are beginning to feel the real effects of the influence the Guptas wield.

Chinese workers brave Ebola and win friends

As workers fled the outbreak in West Africa, China International Water and Electric employees stayed put to finish the Kaleta dam in Guinea.

ANC calls for transparent nuclear tender process

ANC calls for "full, transparent and thorough cost benefit analysis of nuclear power" as SA prepares for a bidding process for new nuclear plants.

?Output tumbled at Anglo American Platinum

The PIC favours platinum shares over gold

Despite tough times of late for South Africa’s platinum sector the Public Investment Corporation is betting on the precious metals’ comeback.

About 20% of global water waste and 10% of global carbon emissions are produced by the fashion industry, according to United Nations Environment Programme estimates

ANC said to decide on minerals export taxes

The National Executive Committee is considering implementing export taxes to encourage the use of local materials in domestic manufacturing.

Most economists surveyed by Bloomberg expected that Reserve Bank governor Gill Marcus would hold rates at 5.5% at the announcement.

MPC keeps repo rate unchanged at 5.5%

The prime lending rate remains at 9% in the wake of Reserve Bank governor Gill Marcus’s announcement that the repurchase rate will be kept at 5.5%.

From words like “Nkandla” to “coconut”

ANC promises radical economic transformation

Public enterprises minister says government will use the next 20 years to pursue more radical economic programs and help black entrepreneurs.

A schoolboy walks past remnants from a march in protest of the slain toddlers in Diepsloot.

From Dainfern to Diepsloot: A short trip across SA’s wealth gap

The gap between the haves and have-nots is on the minds of low-income earning South Africans as they take to the polls.

PIC wants local ownership to boost economy

The Public Investment Corporation, South Africa’s biggest stock investor, says local ownership is key for growing the economy and empowering people.

South African mining magnate Patrice Motsepe gave the green-light to the AfCon, originally due to be staged in 2019, after talks with Cameroon president Paul Biya.

Motsepe plans money management firm

The Financial Mail has reported that the billionaire is planning to start a financial-services company.

A difficult trading environment has not stopped the Shoprite Group Holdings from producing impressive results for the three months ending September 2019. (Reuters)

Massmart profit dragged down by Game stores

The Wal-Mart-owned retailer Massmart has missed profit estimates as a result of disappointing performance from Game.

A difficult trading environment has not stopped the Shoprite Group Holdings from producing impressive results for the three months ending September 2019. (Reuters)

Shoprite looks for growth outside SA amid sluggish first-half profit

Shoprite says it does not expect any improvement on its first-half profit increased by 7.4%.

PIC says investment in oil explorer already paying off

South Africa’s biggest fund manager is "in the money already" when it comes to returns on its multibillion-rand investment in Camac Energy.

A Makro store

Massmart shares up as it anticipates an earnings gain

While other retailers battle with slow growth, Massmart has announced its earnings gained as much as 37% last year.

Woolworths food and clothing retailer.

Woolworths first-half profit increases to 22%

Woolworths has boosted sales despite a other retailers such as Shoprite and Truworths seeing a slow-down.

Courts have now set precedents that activists will be keen to use to challenge cases where mines threaten the environment or people’s land rights. (Paul Botes/M&G)

McDonald’s to upsize in Africa

Africa will form part of a growth strategy for the world’s largest restaurant chain, McDonald’s.

Mr Price leads clothing retailers lower as sales lag inflation

While store sales increased 10.5% in the final quarter of 2013, it could not match the rise in costs the company said.

Richemont sales growth disappoints as China declines

Sales of luxury goods grew at a lower rate than expected as China continues to clamp down on the use of watches and jewellery as bribes.

Shoprite Holdings

South African business to close for Mandela’s funeral

Enterprises ranging from retailers to mines and bank headquarters will close for the former president’s funeral.