Vodacom Group may consider a separate listing of its main South African business to unlock value, seeking to address what chief executive officer Shameel Joosub says is a stockmarket discount to the carrier’s sum-of-parts worth. Source: BusinessTech
Hospital admissions are one of the biggest cost drivers for any private medical scheme which is why the tariffs are often reviewed and negotiated annually. If no agreement is reached, medical aid members will typically bear the brunt of high co-payments. Source: BusinessTech
South Africa’s largest food producer Tiger Brands is making changes to its product portfolio as it sees a significant shift in consumer buying and eating habits. Source: BusinessTech
Markets will turn their attention to a rate hike decision by the South African Reserve Bank’s Monetary Policy Committee meeting later this week, following recent local government elections and the mid-term budget policy statement. Source: BusinessTech
Heineken agreed to buy South African wine and spirits maker Distell Group Holdings for 2.2 billion euros (R38.4 billion), creating a new regional group to compete with larger rival Anheuser-Busch InBev and spirits giant Diageo. Source: BusinessTech
Cooperative Governance and Traditional Affairs minister Nkosazana Dlamini-Zuma has extended South Africa’s national state of disaster by a further month. Source: BusinessTech
Viresh Harduth unpacks the findings of recent small business research conducted by Sage. Source: BusinessTech
President Cyril Ramaphosa says that the government’s newly launched Social Employment Fund is expected to create thousands of work opportunities in South Africa. Source: BusinessTech
The remuneration of public servants in South Africa now accounts for 37% of non-interest spending over the medium-term expenditure framework period, says the National Treasury. Source: BusinessTech
The local job market faces a crisis in the form of a talent tsunami and it must be arrested now before it causes too much damage Source: BusinessTech
