#ICYMI: The 10 most read articles on Business Report this week Photo: Supplied

CAPE TOWN - Good morning. Let's take a look at Business Report's top stories for the week.

Edcon is shutting down more brands including Red Square

Edcon Holdings said that it will be closing three of their chains, including Red Square and La Senza lingerie.

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GALLERY: Hashim Amla invests in R600m luxury KZN development

South African cricketing icon Hashim Amla together with Saxony Developments, a South African property developer, has launched a luxury property development on the North Coast of KwaZulu-Natal. 

The Saxony Sibaya
Photo: Supplied

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Standard Bank in top spot for African bank rankings - report

A list of the Top 1000 banks in the world has been released by The Banker.

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Telkom has a new fair usage policy with its uncapped LTE deal

Telkom announced its Big Deal for July 2018 on the first of the month, offering users two uncapped LTE packages.

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Troubled Steinhoff mulls a takeover of Pepco

Troubled retailer Steinhoff International continued its roller-coaster ride on the JSE on Wednesday, surrendering some ground it made on Tuesday after reports emerged that the group was mulling a takeover interest in its businesses, which include clothing chain Pepco, to chart a way for a recovery process.

Pepco is one of the profitable subsidiaries in Steinhoff International.Photo: David Harrison

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PROFILE: Who is the disgraced Clive Ramathibela?

Clive Ramathibela, a former ANN7 editor, will be appearing in court next month on charges of fraud. 

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WhatsApp has a new group feature - All the details

WhatsApp has launched a new group setting feature that only allows admins to send messages in groups. 

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Check out ABSA's new look

ABSA's new logo has been revealed by trademark filings ahead of its brand relaunch happening next week



Want to stop fake news on WhatsApp, the company needs your help

WhatsApp is looking for help from researchers to solve the problem of fake news on its platform.



Samsung profits fall short due to slow S9 sales

Samsung Electronics has revealed its earnings for quarter two and it shows that there has been a 0.7% decline in sales.


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