South Africa’s EV sales nearly double

South Africa’s EV sales nearly double

South Africa’s electric vehicle market is growing quickly, albeit off a very small base. Battery-electric vehicle sales rose 96% year on year in the first quarter of 2026, according to Naamsa – the Automotive Business Council, almost doubling on the same period in 2025 as record fuel prices push more buyers to reconsider how they…

Read More
TVS HLX Crosses 5 Million in Global Sales

TVS HLX Crosses 5 Million in Global Sales

TVSM HLX 5 Million Celebration – Director & CEO KNR and President of IB Peyman Kargar TVS Motor Company (TVSM), part of TVS VENU, is a global leader in the two and three-wheeler segments, today announced that its globally trusted commuter motorcycle brand, TVS HLX series, has crossed the significant milestone of five million sales…

Read More
Bash powers TFG online sales as group profit tumbles

Bash powers TFG online sales as group profit tumbles

The Foschini Group’s online business was one of the few bright spots in a bruising financial year, with its Bash platform driving a 49.2% surge in e-commerce sales across its South African operation even as group profit slumped and the retailer took R1-billion in write-downs against its offshore brands. TFG, the JSE-listed owner of brands…

Read More
4Sight earnings leap, led by back-office IT sales

4Sight earnings leap, led by back-office IT sales

Tertius Zitzke 4Sight Holdings has reported a sharp lift in earnings for the year to 28 February 2026 – but the JSE-listed group’s segmental data complicates the AI-led growth story it is pushing. Revenue rose 16.3% to R1.16-billion, operating profit climbed 45.8% to R71.7-million and headline earnings per share grew 46.1% to 10.732c. Basic EPS…

Read More
Pop Mart shares plunge over 22% as concerns over sustainability of Labubu sales dwarf stellar results

Pop Mart shares plunge over 22% as concerns over sustainability of Labubu sales dwarf stellar results

A PopMart Labubu The Monsters doll hangs from an influencer’s handbag during a press preview outside an AliExpress pop-up store in London, Britain, Nov. 11, 2025. Isabel Infantes | Reuters Pop Mart shares lost more than a fifth of their value on Wednesday, as concerns over the sustainability of the company’s Labubu plushies-driven growth overshadowed…

Read More