Business

South African shopping mall in the middle of a desert sold for R800 million
Hosken Consolidated Investments Limited is selling Kalahari Mall in the Northern Cape in a deal worth R800 million.

‘Concern’ as school holiday food vouchers end
A head teacher says he is “really concerned” about a decision to end school holiday food vouchers.

Top Reserve Bank official gets a new job
PSG Financial Services has appointed former Reserve Bank Chief Economist Dr Christopher Loewald to its board.

Checkers pulls one of its own food products from its shelves in South Africa
Checkers has reportedly pulled one of its own-brand braai packs after customers complained that the pack contained more sauce than chicken.

Fuel tax hike plan to be kept under review over Iran, says PM
Fuel duty on petrol and diesel is due to rise from September, when a 5p cut is phased out.

US inflation stable ahead of Iran shock
With energy prices jumping, analysts say the report might be viewed as a “historical artefact”.

OUTsurance gives R470 million ‘gift’ to shareholders
OUTsurance has declared a special dividend, with shareholders rewarded an additional payout of roughly R470 million.

Heating oil protection calls after ‘shock’ price rises
About 130,000 households in Scotland rely on the fuel to warm their homes.

Capitec innovates to empower entrepreneurs through affordable fees and access to inflow-based credit
South Africa’s economy is powered by millions of entrepreneurs, from traders and sole proprietors to growing small businesses.

Discovery gets the nod to spend R4 billion to buy its own office – with its own Woolworths
Discovery looks set to acquire its own office in Sandton following approval from the Competition Commission.