Business

Horizon victim sues Post Office and Fujitsu for £4m
This is the first time full details of a complex claim for compensation have been made public.

Claire’s files for bankruptcy as competition bites
The colourful accessories chain says sales are down as online competitors and higher costs eat into profits.

The exercise giant pumping out new locations in South Africa
Planet Fitness has reached its 50th club in South Africa, with a major expansion planned for the rest of the decade.

Checkers takes over Pick n Pay’s prime spot with a new flagship store
Retailer Checkers has launched its newest flagship store in South Africa, opening its latest Fresh X store in Hyde Park Corner in Sandton.

High whey protein prices take chunk out of THG profits
The firm behind Myprotein and Cult Beauty will take a hit to get a bigger share of the popular market.

What economic levers are left for Reeves to pull?
The Chancellor Rachel Reeves is due to deliver her Budget in the autumn.

Serious water problems across South Africa
The Department of Cooperative Governance and Traditional Affairs is taking over projects from numerous municipalities that have failed to adequately supply water.

The art of giving: how South Africans are keeping their causes alive
The growing awareness of South Africa’s social challenges, from limited access to health care and quality education to water and food insecurity, is making the country’s wealthiest rethink the idea of legacy.

Investors warned about South African energy company
Despite a likely takeover, PSG Wealth has recommended that shareholders sell their shares in Renergen.

The city at risk of becoming a ghost town in South Africa
This city could become a ghost town if one of South Africa’s major steel producers follows through with its threat to close the local steel plant.

South Africa is holding on – for now
Despite being hit with a barrage of headwinds, South Africa’s economy is somehow holding on, with key metrics weathering the storm. However, rougher seas lie ahead.