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News

Clicks to sell off its drug manufacturing unit

Clicks Group, a diversified retailer, has announced plans to sell its stake in Unicorn Pharmaceuticals, its manufacturing subsidiary. This decision follows a Constitutional Court ruling

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July 1, 2024
Pepkor

Pepkor’s fintech business seeing surging growth

Pepkor, South Africa’s leading listed clothing retailer, is experiencing robust growth in its fintech division, which saw a 24.5% increase in the half-year ended 31

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May 30, 2024

Tiger Brands reports decline in first-half revenue

Tiger Brands has experienced a difficult six months, citing the shift in leadership, a tough market landscape, and consumer spending limitations as primary factors. On

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May 28, 2024
Vodacom

Vodacom and Orange in talks to share network infrastructure

Vodacom is currently negotiating with France’s Orange SA to form a strategic alliance in Africa aimed at exploring infrastructure collaborations to reduce costs on the

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May 24, 2024
Capitec

Capitec now boasts a client base equal to the combined total of Standard Bank, Absa, and Discovery Bank

Capitec Bank has achieved a remarkable milestone, now serving as many clients as the combined total of Standard Bank, Absa, and Discovery Bank. Additionally, Capitec’s

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May 23, 2024
Steers Logo

Steers-owner, Famous Brands reports lower profits

Famous Brands, the owner of Steers, announced on Monday that for the year ending February 29, 2024, their full-year revenue grew by 8% to R8

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May 21, 2024
Checkers Sixty60 logo

Checkers Sixty60 now goes beyond groceries

Shoprite Checkers announced on Friday the beta launch of an upgraded Sixty60 app, designed to allow customers to shop from a selection of over 10,000

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May 20, 2024

Balancing between savings and investments

Understanding the distinction between saving and investing is crucial for building a robust financial plan. Saving involves putting money aside in low-risk accounts for future

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May 17, 2024

MTN sweats over currency devaluation in Nigeria

MTN’s latest quarterly report paints a mixed picture, with challenges stemming from currency devaluation in key markets like Nigeria. Despite a 52.8% decline in revenue

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May 16, 2024
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