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Business

South Africa’s mothballed ‘supermall-ification’ sets strip malls up for success

Analysts agree that the country has enough malls and that, post-Covid, the convenience of local centres lure customers

A bigger slice of the pie: Retailers find ways to cash in on township economy

The South African informal economy market is much sought-after, with the big, formal-sector supermarkets all looking to grow their share

Phase two of presidential employment stimulus gets R11bn boost

The stimulus package is part of the state’s Economic Reconstruction and Recovery Plan, and is a response to the Covid-19 pandemic

Cross-cutting problems lead to service-delivery inefficiencies, says new report

Service-delivery issues, procurement inefficiencies and cadre deployment continue to plague municipalities, according to the Bureau for Economic Research

Fintech’s unique applications in emerging markets

The solution isn’t always about developing cutting-edge technology. Sometimes it’s about using existing technology in clever ways

Samsung boss goes on trial on drugs charges

Two months ago Lee Jae-yong was released early from a two and a half year prison term for bribery, embezzlement and other offences in connection with a corruption scandal

SAA staff on strike three weeks after flights resume

SAA emerged from a 17-month business rescue this year with hundreds of jobs slashed and a fleet slimmed from 46 to six planes.

Post-riot township economy is uncertain, but established investors won’t leave easily

July’s violence and looting dealt a blow to business confidence

SA one of the biggest spenders on social assistance globally — World Bank

Social grants are by far the largest facet of South Africa’s social protection system in terms of the number of people covered, according to the World Bank

‘I am not clear what ill the state bank would try to cure’ – Kganyago

The governor of the Reserve Bank asks what role a state bank would play in a country where more than 80% of the population has access to financial services

Apartments stand vacant as people opt to buy

Low interest rates are seeing tenants become homeowners and putting landlords under pressure

Mboweni calls on business to adopt sustainable and socially responsible policies

‘We know what needs to be done, we just need to get on with what we need to do,’ said the former finance minister

Sasria to get R3.9bn from Treasury to cover July unrest insurance claims

Claims totalling more than R5.8-billion had already been paid out to businesses

Sasol on ‘rollercoaster’ ride to a green future

Fleetwood Grobler, the petrochemical giant’s chief executive, says the company is transitioning from coal to gas and eventually to hydrogen.

Once empowered, always empowered: Does the mining charter judgment rule out transformation?

Given the slow pace of change in mining and other sectors, some analysts have raised concerns that the ruling will cause empowerment efforts to unravel

‘No Time to Die’: James Bond’s not-so-secret mission to save cinema

The release of the new James Bond, film’s favourite super spy, is more significant than ever

The brain drain can be South Africa’s gain

The departure of South Africa’s highly skilled individuals shows the value placed on South African skills and makes room for transformation

Covid-19 accelerates Capitec’s move to digital banking

The bank has been on a journey of digitalisation, moving from cash to card payments
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