In SA, the equation has also been ‘skewed a little bit’ by a shortage of glass

The deal will see an “expected inflow of foreign direct investment” of R6.4bn.

Durban’s Container Terminal Pier 2 and the Ngqura Container Terminal in Gqeberha in line for upgrades

In a move expected to outrage manufacturers, the agency intends to start seizing products labelled with processed-meat-related names from Monday

Absa, SA’s fourth-largest bank by market capitalisation, has delivered record normalised interim headline earnings supported by income-led “pre-provision profit growth”, as it benefits from SA recovering from the Covid-19 pandemic.

While the proportion of black people working at all management levels is growing steadily in SA’s banking sector, albeit behind the Financial Sector Code’s targets, the number of black women executive directors is still only a fraction of what is envisioned.

In a move expected to send a positive signal to the market after a public break up with their previous auditors PwC, fishing group Oceana announced on Thursday it had appointed Mazars as its new auditors.

Agri SA has welcomed the decision by JSE-listed food producer Tiger Brands to extend operations at its Western Cape deciduous fruits business, Langeberg & Ashton Foods, for another season, saying this should give the business enough time to find a buyer and save jobs.

Business practitioners say there is no ‘reasonable prospect’ of the airline being saved

The poor management and development of critical infrastructure, as well as red tape for JSE-listed companies, is flagged by Pick n Pay chair Gareth Ackerman.