Category: BUSINESS
French giant Canal+ cleared to acquire MultiChoice in R30bn deal – SABC News
The Competition Commission has welcomed the approval of the proposed merger between the French media company CANAL-Plus and MultiChoice. The Competition Tribunal conditionally approved the over R30 billion deal on
Read MoreSolidarity willing to negotiate downwards in FlySafair wage dispute – SABC News
Trade union Solidarity says it’s willing to negotiate downwards in its wage dispute with FlySafair. The two parties will resume their CCMA-led wage negotiations in Centurion this afternoon. The union says priority
Read MoreConsumer inflation rises to 3% in June – SABC News
Household budgets remain under pressure amid the rising cost of goods as inflation edges up from 2.8% in May to 3.0% in June. Statistics South Africa’s (Stats SA) latest released
Read MoreMr Price credits Easter, timely winter season for sales bump – SABC News
South African clothing retailer Mr Price reported a 6.3% rise in its first-quarter sales on Wednesday, with comparable store sales up 3%, supported by the shift of Easter holidays into April
Read MoreAfrican entrepreneurs push for investment shift at G20 Summit – SABC News
Concerns are growing about the widening gap between public and private educational institutions. This issue was discussed at the Startup20 Summit, which provides a platform for small businesses to engage
Read MoreMore infrastructure back online, faster response time: City Power – SABC News
Power utility, City Power says there’ll be fewer unplanned power outages and a more stable, consistent electricity supply for households and businesses. The embattled power utility indicated that with more
Read MoreWestern Cape farmers brace for 30% US tariff hike on SA goods – SABC News
Commercial farmers organisation, Agri Western Cape, has expressed concern over the announcement of a 30% US tariff increase on South African exports set to take effect next month. This comes
Read MoreLanseria loses 20% flights amid FlySafair disruptions – SABC News
The Chief Executive Officer of Lanseria International Airport, Rampa Rammopo, states that over 20% of their commercial passenger services are currently not operating, which will impact their bottom line, as
Read MoreGovt shifts to local FMD vaccine production after spending R72m – SABC News
South Africa has spent over R72 million on about 900 000 doses of vaccines for the Foot and Mouth disease outbreak since March this year. The government is now prioritising
Read MoreLanseria Airport reports two flight cancellations – SABC News
Lanseria Airport, west of Johannesburg, has confirmed two flight cancellations today due to the ongoing FlySafair pilot strike, now in its second day. Airport management says FlySafair has continued to
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