7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
Low inflation is set to benefit consumers this festive season as the South African Reserve Bank (Sarb) looks set to leave interest rates unchanged at its final meeting for the year tomorrow.
Sugar producer Tongaat Hulett said on Tuesday that it had sold its 51 percent stake in Tongaat Hulett Namibia (THN) to Bokomo for R220 million to reduce its debt.
Pick n Pay will now help customers make more informed choices in a major healthy eating drive to make healthier eating cheaper, easier, and more accessible.
Taste Holdings on Tuesday announced it would offload food brands Maxi’s and The Fish & Chip Company as part of its continuing change and new strategic direction.
Public Enterprises Minister Pravin Gordhan has washed his hands of strike-ridden SA Airways (SAA), telling the national carrier and unions that the government could not afford the unions’ wage demand, as it had no additional funding.
Telkom SA SOC Ltd. shares extended their slump in Johannesburg after its acquisition target, Cell C Pty Ltd., agreed to an extended roaming deal with rival MTN Group Ltd.
The South African currency traded little changed as a US-Sino trade deal impasse curbed risk appetite. Broad-based greenback weakness however provided some reprieve to the local unit according to NKC Research.
BUSINESS REPORT ONLINE