Leon to close stores and cut jobs in restructure
The “healthier” fast food chain confirmed there would be job losses, as it appointed administrators.
Business
55-year-old company that built The Mall of Africa chosen to build new international airport in Cape Town
A South African contruction gaint has been appointed as the contractor responsible for the new R8 billion Cape Winelands Airport.
Iconic South African company sold for R55 million loss
Denny Mushrooms has been sold by Libstar in a deal that could reach a loss on sale before tax of up to R55 million.
Billionaire-backed company signs deal with South African state-owned giant
Transnet has signed a concession agreement with a company headed by Filipino billionaire Enrique Razon to expand the main terminal at the continent’s top container hub in Durban.
Too many unauthorised pre-Budget leaks, says Reeves
The chancellor tells MPs many of the stories leaked to the media were inaccurate and “very damaging”.
Here is the proposed National Minimum Wage hike for 2026
The National Minimum Wage Commission has recommended that bottom-line pay for workers in South Africa be hiked by a little over headline CPI next year.
Another positive sign for South Africa’s economy
The latest PayInc Economic Index points to a continued positive trajectory for South Africa, with the economy showing resilience despite a year of challenges.
United States moving to punish South Africa
United States Trade Representative Jamieson Greer says that Washington is open to extending AGOA and excluding South Africa, saying the country is a “unique problem”.