Heineken NV said the longer-term outlook has become cloudier as inflationary pressures squeeze consumers, raising the risk that they’ll cut back on beer.
South African Energy Minister Gwede Mantashe has asked Peter Becker, the community representative on the board of the National Nuclear Regulator, for written reasons as to why he shouldn’t be fired.
Listed fast-moving consumer goods (FMCG) giant Tiger Brands revealed in a voluntary trading update on Wednesday that industrial action at its key bakeries and ‘snacks & treats’ business units in the last quarter of 2021 cost the group R120 million in operating income.
Grindrod Ltd., the Johannesburg-listed logistics operator, plans to triple capacity at its drybulk port terminals in Mozambique to cater for growing demand for coal exports from neighbouring South Africa, the company said Monday.
South Africa’s Discovery Ltd said on Tuesday it would set up an Asia-focused health insurance technology business in partnership with Hong Kong-listed AIA Group Ltd 1299.HK.
Imraan Soomra, the CEO of embattled Cape Town-based fishing group Oceana which also owns the popular Lucky Star tin fish brand, has resigned with immediate effect.
The rand was flat early on Monday, but its recent resilience in the face of hawkish signals from global central banks could be tested by warnings that Russia could invade Ukraine at any time.
