Pick n Pay is in a tough spot – wanting to improve the customer experience for SA’s savvy shoppers as well as its operational efficiency, yet facing resistance from workers over proposed changes in shifts and pay. All that, and it must keep its investors happy, who are concerned about its decision to sell R4.7-billion worth of shares in Boxer.
Whether South Africa’s food system is “broken”, as some argue – or is functioning well but only to the benefit of a minority – it clearly is not meeting the needs of a growing majority who simply cannot afford to buy enough nutritious food.
Pick n Pay CEO Sean Summers faces backlash after a 3.55% drop in share price after disappointing 2026 results, citing high employee costs and delayed profitability.
The Tambo Springs port project is stalled indefinitely following a high court ruling that nullified its environmental authorisation, putting the government’s freight corridor vision in jeopardy.
ROME, May 25 (Reuters) – Prime Minister Giorgia Meloni’s right-wing coalition won the Venice mayoral election, projections showed on Monday, retaining control of the most prominent city at stake in a round of local votes held across Italy.
FRANKFURT/BRUSSELS, May 25 (Reuters) – The European Union is planning to fine Alphabet’s GOOGL.O Google a high triple-digit million euro amount as part of an antitrust investigation, Germany’s Handelsblatt newspaper reported, citing commission sources.
Herman Mashaba says ActionSA would “embrace” a possible mayoral candidacy by Jacinta Ngobese-Zuma in eThekwini, as the party sharpens its focus on undocumented foreigners ahead of November’s local government elections
Uganda’s new Parliament speaker promised on Monday to rid the body of corruption after his once-powerful predecessor was brought down over graft allegations that have shocked the country.
Oil prices fell about 5% to two-week lows on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of Hormuz, even though Washington and Tehran played down hopes for an imminent breakthrough.
The State alleges that Brown Mogotsi attempted to bribe the investigating officer shortly after his arrest, as ballistic evidence suggests the vehicle at the centre of his alleged assassination attempt was stationary and unoccupied when it was shot at.
Iran warned on Monday that, while some progress had been made, it was not yet close to striking a deal with the United States to end the Middle East war, as US President Donald Trump also said he was in no hurry to sign.
Rea Vaya commuters from Soweto say they are being forced to spend more money on transport and walk longer distances to reach work after bus operator PioTrans scaled down services.