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News

Discovery Invest

Discovery Invest has given R20 billion back to investors since 2007

Discovery Invest has returned R20 billion to investors through its shared-value rewards program since its inception in 2007. The company recently announced new investment products,

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May 15, 2024
Vodacom

Vodacom’s full-year dividend below expectations

Vodacom Group, Africa’s largest wireless carrier, announced a full-year dividend that fell short of estimates due to start-up losses and currency pressures in its new

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May 15, 2024

Tinned fish now SA’s preferred protein, overtaking chicken

The Competition Commission’s report reveals that tinned pilchards have surpassed chicken as South Africa’s preferred protein due to the avian flu outbreak, which caused chicken

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May 7, 2024

Anglo rejects BHP takeover bid as significantly undervalued

Anglo American Plc has recently rejected a $39 billion takeover proposal from BHP Group, stating that it significantly undervalues the company. Despite BHP’s all-share deal

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April 29, 2024

MTN partners with Investec to launch Payshap on MoMo

MTN South Africa’s partnership with Investec and Electrum to integrate PayShap into its MTN Mobile Money (MoMo) service marks a significant step towards enhancing financial

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April 26, 2024

Clicks’ half-year profit up by 13%

Clicks has reported a significant increase in half-year earnings, driven by robust turnover and profit growth. Clicks is the largest drugstore company in South Africa,

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April 24, 2024

MTN’s investments boost its network performance

MTN’s significant investment in its South African network has led to impressive performance, surpassing competitors like Vodacom. With CEO Ralph Mupita’s announcement of R41.1 billion

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April 10, 2024

Mantengu Mining warns of possible share manipulation

Mantengu Mining, formerly Mine Restoration, has recently made headlines by raising concerns of potential share price manipulation, albeit without the consent of the JSE. The

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February 28, 2024
Shoprite

Shoprite secures R2.1bn financing for supply chain expansion

South Africa’s leading retailer, Shoprite, has secured 1.2 billion rand in vehicle and asset financing to bolster its supply chain expansion efforts. The financing deal,

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February 21, 2024
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