South Africa’s private sector returned to marginal growth in June as easing price pressures helped offset a second straight monthly decline in output and new orders, a business survey showed on Friday. The S&P Global South Africa Purchasing Managers’ Index (PMI) rose to 50.5 in June from 49.6 in May, a survey by S&P Global…
The long-term goal for Takealot Fulfilment Solutions is to eventually take on the sector’s big and established logistics players. South Africa’s largest e-commerce retailer is looking beyond online shopping for its next growth phase, with Takealot Group positioning its standalone logistics arm, Takealot Fulfilment Solutions (TFS), as a major future revenue driver. The logistics business,…
US-Iran peace talks ease market volatility but uncertainty keeps oil prices hovering, complicating recovery efforts Published On 29 Jun 202629 Jun 2026 United States President Donald Trump is touting relief at the pump as US gas prices begin to fall ahead of potential peace talks despite ongoing clashes in the Strait of Hormuz. “GAS PRICES…
Knowlix AI launched an AI-powered business platform for small companies across 29 African countries and other global markets. The Munich-based startup said the platform helps businesses manage customer relationships, invoicing, inventory, projects and other back-office tasks. It is launching with support for African markets including Nigeria, Rwanda, Senegal, South Africa, Kenya, Uganda, Tanzania, Zambia and…
Entrepreneurs across Bellville and the Northern Suburbs looking to grow their businesses are invited to apply for the 2026 Bellville Connect Level Up Programme, a four-month business development journey designed to help local businesses strengthen their foundations, increase their visibility and connect with new market opportunities. Now entering its fourth year, the programme forms part…
David Meister, Global Head, MSP & MSSPs, Check Point Software Technologies. Every year on 27 June, the world marks the United Nations International Day for Micro, Small and Medium-sized Enterprises (MSME Day). This year’s theme – “The Future Generation of MSMEs: An AI-Driven Future” – could not be more timely, because what I’m seeing on…
The price of Brent crude has reached its lowest since February 27, before the war started. Published On 25 Jun 202625 Jun 2026 Oil prices have extended their decline to levels last seen before the start of the Iran war, as expectations of rising supply from the Middle East outweighed demand concerns. Prompt-month Brent crude…
Investor discusses the operating environment and some of the region’s untapped business opportunities.
The South African Post Office’s joint business rescue practitioners have asked the high court to end the entity’s business rescue, declaring the adopted plan substantially implemented nearly three years after the troubled state-owned company was placed under supervision. Anoosh Rooplal and Juanito Damons launched the application in the Pretoria high court on 12 June, seeking…
A SAPO office in the Eastern Cape. (Image source: SAPO via X) The South African Post Office (SAPO) is preparing to exit business rescue after its practitioners asked the High Court to terminate the proceedings. However, its long-delayed digital modernisation now rests on the shareholder and newly-appointed board after government failed to provide R3.8 billion…
