News24 | Nestlé begins SA layoffs as part of global overhaul
Nestlé has begun issuing retrenchment notices to more than 400 employees in South Africa as part of a global overhaul.
TUESDAY, 03 MARCH 2026, 17:36
Nestlé has begun issuing retrenchment notices to more than 400 employees in South Africa as part of a global overhaul.

Nestlé has begun issuing retrenchment notices to more than 400 employees in South Africa as part of a global overhaul that reorganizes the company around four core divisions, according to people familiar with the matter.

Finance Minister Enoch Godongwana said he does not see the value of NSFAS, which costs R700 million to administer, yet needs three service providers to the job it is supposed to.
A month after Daily Maverick revealed that Stanislav Stamenov, a personal trainer offering his services at a Cape Town gym, was actually an internationally wanted drug trafficker, he has been arrested.
The US aims to process 4 500 refugee applications from white South Africans per month, far above US President Donald Trump’s stated refugee programme cap, and is installing trailers on embassy property in Pretoria to support the effort, a US contracting document said.
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Netflix jumped more than 9% premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10% on winning the race for some of the world’s most prized TV and film assets.
Geordin Hill-Lewis has thrown his hat into the ring for the top job at the Democratic Alliance, launching his campaign in Elsies River to cheers from supporters and endorsements from senior party figures.
Proteas captain Aiden Markram has hardly put a foot wrong at the 2026 T20 World Cup. Most importantly, he’s been imperious with the bat in hand. This he has complemented with great captaincy, while also chipping in with ball in hand.
The EFF opened a case against former British Military Intelligence officer Paul O’Sullivan on Friday morning, after he walked out of the ad hoc committee investigating the underworld’s encroachment on the criminal justice system the day before.

Cape Town Mayor Geordin Hill-Lewis said he’ll stand for election as leader of the Democratic Alliance, South Africa’s second-biggest political party, a contest he’s widely expected to win.

Daily Investor is read by business decision-makers who control the spending power in their organisations.
UK Prime Minister Keir Starmer’s Labour Party suffered an embarrassing election defeat in an area of Greater Manchester that it had dominated for almost a century, a loss that underscores the breakdown of Britain’s two-party politics.

Award-winning economist Dawie Roodt said crime has gotten completely out of control in South Africa, and the government has lost control over the police.

While the 2026 Budget may not have changed the VAT rate, it still made several adjustments to the system.

Cape Town in winter is quieter, greener and surprisingly vibrant, offering culture, cuisine and coastal beauty.
The strong rand has acted as a counterweight to surging international oil prices over the past month, but motorists are still going to be set back quite a bit at the pump in March.
Croatia can deliver oil supplies to Hungary and Slovakia via its Adria pipeline to replace disruptions to the Druzhba pipeline and is in talks with the two countries and the European Commission on the plan, Prime Minister Andrej Plenkovic said.