Creator
Anathi Madubela is a business journalist with a keen interest in the retail sector.
Aggressive pricing and marketing strategies employed by Chinese producers have put the local industry under pressure
South Africa plans a comprehensive assessment of achievements and challenges
Annual consumer inflation edged up slightly to 2.9% from 2.8% in October
Amid rising imports and operational hurdles, the steel producer announces layoffs while the government’s long-term strategy remains unclear
The focus would also be on Africa’s high debt levels, financing the just energy transition and the strategic use of critical minerals
Economists incorrectly predicted a slight uptick in GDP
Pharmaceutical giant Bayer has launched a recall of the pill after a packaging mix-up compromised its contraceptive efficacy
R8.5 billion payday for Pick n Pay after listing
Although murders declined nationally by 5.8% for the second quarter, the province’s numbers increased because of the ‘Lusikisiki massacre’
Africa’s biggest pay-TV operator is battling subscriber loss, inflation in key markets, and competition from online entertainment leaders
A 2020 study found that the cost incurred by provincial and national governments from alcohol abuse was R17 billion
This comes as inflation cooled to 2.8% in October, below the Reserve Bank’s 3% to 6% target band
Consumers using these meters must re-code them by Sunday 24 November
Data from Statistics South Africa showed that the CPI annual rate braked to 2.8% – a four-year low
Canned pilchards linked to rejected imports have been uncovered during a police raid in Gauteng, sparking Oceana and Woolworths investigations
The grant budget is to be cut by R20 billion but it is unclear how the numbers will add up
Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space
The treasury also did not allocate new funds to other struggling state-owned entities such as Denel, Transnet, the Land Bank and the South African National Roads Agency
An amount of R11 billion will be set aside to allow people early exit from public service
Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6%…
