SA Business Archives - African Alerts

TonyJanuary 9, 2024

RGS abandons Tongaat bid, claims business rescue is rigged

In another dramatic turn of events, RGS Holdings has withdrawn its business rescue plan for Tongaat Hulett Limited (THL) ahead…

TonyAugust 5, 2023

‘Draconian’ bill will kill legal tobacco industry

Up in smoke: The open display of tobacco and e-cigarettes, as well as the sale of ‘loosies’, will not be…

African AlertsAugust 3, 2023

Electricity production falls 3.7% in June, says Stats SA

Electricity consumption dropped by 3.2% year-on-year in June, because of plant breakdowns and unscheduled maintenance (Supplied) Electricity consumption dropped by…

African AlertsAugust 2, 2023

Business lobby: Chief executives extend helping hand to SA – not the ANC

Business Unity South Africa chief executive Cas Coovadia During a media briefing, business leaders said their work with government could…

African AlertsAugust 2, 2023

Departure of CFO ‘inevitable’ as Mr Price counts its costs

Just a month after Mr Price reported a financial bruising, the retail group has announced the departure of its chief…

African AlertsAugust 1, 2023

Black, small-scale sugarcane growers hit by Tongaat Hulett woes get R176m lifeline

Black and small-scale sugarcane growers have been given a lifeline of R176 million as they try to weather the storm…

KevinAugust 1, 2023

Google, Takealot, Uber Eats must change their ‘uncompetitive practices’

The Competition Commission’s online intermediation platforms market inquiry has unravelled a web of “uncompetitive online business practices” of firms like…