Business

Whitey Basson outsmarted Walmart and stopped them from buying Pick n Pay
Former Shoprite CEO Whitey Basson convinced the United States retail giant Walmart to buy Makro instead of Pick n Pay, thereby preventing his biggest fear from becoming true.

South African food giant gives shareholders a special R1.8 billion payout
Tiger Brands has declared a special dividend totalling R1.8 billion in its latest results following a massive jump in earnings.

Business loans for SMEs in South Africa
Discover flexible lending options for South African SMEs. Apply for a business loan or try our calculator today.

Government plans to use pension fund money for South African industrial policy projects
Finance Minister Enoch Godongwana confirmed that the government is still considering funding industrial projects with pension funds and other assets.

Johann Rupert sitting on a R37 billion pile of cash
The Rupert-controlled Reinet Investments is sitting on a big pile of cash following the sale of its stake in British American Tobacco.

Nissan hunts R125 billion in funding with future in South Africa uncertain
Nissan is seeking to raise $7 billion in funding as it considers selling parts of its business, including plants in South Africa and Mexico.

How to handle medical emergencies: What every family should know
While thinking about the possibility of medical emergencies may be unsettling, knowing how to respond swiftly and calmly could be lifesaving.

One river running through South Africa’s richest province is so polluted it is killing people
Sewage and pollution continue to devastate the Hennops River, as advocacy group WaterCAN calls for accountability and urges the prosecution of officials responsible for the crisis.

Brazil sues China carmaker BYD over ‘slave-like’ conditions
The labour prosecutors’ office in Bahia state are seeking 257 million Brazilian reais ($45.5m; £33.7m) in damages from BYD and two contractors.

Ster-Kinekor closing cinemas in South Africa, and warning over US and Europe flight ban
Here are five important things happening in South Africa on Wednesday, 28 May 2025.

Work with Codehesion – South Africa’s leading app developers
Codehesion is your best option if you need a new Android or iOS app for your business.

Biofuel plant ‘faces closure after US trade deal’
Vivergo Fuels, based near Hull, says government support is needed within “the next few weeks”.

Big plans for prominent South African company that escaped business rescue
After a close to R300 million purchase, AutoZone is looking to expand its operations close to a year after being placed under business rescue.

Texas governor signs online safety law in blow to Apple and Google
Under the new law, minors will need parental approval before they can download apps or make in-app purchases.

‘We make more money from weddings now than farming’
From falconry and helicopter rides to spas and solar farms, three quarters of farmers now have a side hustle.

Thousands to get payouts over forced meter fitting
More than £70m is being paid to customers who were forced to switch to prepaying for energy.