Category: South Africa Market

Instantly update and podcast South Africa Market News and Analysis from varies financial media and provide a sitemap with South Africa financial news summary for the one who wanted to catch up South Africa Market change in timely manner.

David Jones drops Melbourne food stores

Melbourne will be hit hardest David Jones’ decision to close some of the premium food stores it launched only a few years ago, the company’s South African owners have revealed.

SANParks counts millions lost due to hard lockdown

CAPE TOWN – South African National Parks (SANParks) is counting the cost of months of hard lockdown, saying the COVID-19 pandemic had cost it millions of rand in lost revenue.The Table Mountain National Park and other parks across the country were closed during the lockdown period last year and with foreign tourism virtually non-existent, the parks…

SA wine ‘paradise’ finds success by going its own way

HEMEL EN AARDE – Heaven and Earth – that is the name in Afrikaans for this valley nestled between arid mountains and the cool ocean, a location that makes it a paradise for winegrowing.Not for nothing are vineyards in Hemel en Aarde carving out a global reputation among wine lovers seeking a fresh, distinctive flavour.Winemakers here do not try to…

New Prasa CEO confident hard work will restore the ailing rail agency

The new Group CEO of the Passenger Rail Agency of South Africa (Prasa), Zolani Matthews, says he is confident that with hard work, the company will turn over a new leaf.Transport Minister, Fikile Mbalula, introduced Matthews to the public over the weekend.Mr Zolani Kgosie Matthews has been appointed as the Group Chief Executive Officer of PRASA. He…

Matshela Koko returns to the Zondo Commission hot seat

Former Eskom Group CEO, Matshela Koko, returns to the State Capture Commission that’s sitting in Johannesburg on Monday.On Thursday, former Eskom board chair, Zola Tsotsi, responded to allegations by some Eskom witnesses that in 2015 he suggested that certain Eskom executives be suspended.Witnesses alleged that Tsotsi asked the executives – including…

David Jones drops Melbourne food halls

Melbourne will be hit hardest David Jones’ decision to close some of the premium food stores it launched only a few years ago, the company’s South African owners have revealed.

East Africa: EAC Considers DR Congo, Somalia Bid to Join Bloc

The 21st ordinary meeting of the Summit of the East African Community Heads of State is set to take place virtually on Saturday, February 27, with consideration of the request by the DR Congo to join the six-member bloc high on agenda.The latest Heads of State Summit was preceded by a meeting of the Council of Ministers, which took place from February…

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