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Makro and Game report shift in consumer spending trends

    Retailer Massmart on Thursday (19 May) reported a marginal decline (0.2%) in group sales for the 19-week period ended 8 May 2022, amounting to R30.4 billion, while comparable-store sales increased by 2.3% over the same period.Trending, Game, Headline, Makro, MassmartRead More

    Home affairs hits a roadblock in plan to cut long queues

      Minister Aaron Motsoaledi says that unions have taken his department’s plans to cut long queues at home affairs offices across the country to the negotiation table – effectively putting them on ice.Government, HeadlineRead More

      The most complained about life insurers in South Africa

        The office of the Ombudsman for Long Term Insurers (OLTI) has published its annual report for 2021, showing which life and other long-term insurers have drawn the most complaints from policyholders over the last year.Lifestyle, HeadlineRead More

        Cisco spooks investors with supply warning

          Cisco Systems Inc spooked investors with a warning that Chinese lockdowns and other supply disruptions would wipe out sales growth in the current quarter, renewing broader concerns about tech spending in a shaky economy.Cloud and hosting, Cisco, HeadlineRead More

          Age of scarcity and higher prices begins

            The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a frightening pace.Business Opinion, HeadlineRead More