'The worst is behind us now' says Pick n Pay boss
The Pick n Pay Group said its turnaround strategy is gaining traction with progress made across a number of key strategic initiatives.
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Staff Writer
Oct 282 min read
Balwin foregoes dividend as revenue slumps
Balwin says that the residential property sector faced significant pressure during the interim period.
Staff Writer
Oct 252 min read
How 1% vs 3% fees can impact your retirement investment
The golden rule is to make a contribution of at least 15% of your gross salary over a 40-year period of employment.
Staff Writer
Oct 252 min read
Half of salary earners have less than R1,000 before payday
Nearly half of salary earners are left with less than R1,000 or have negative balances by payday.
Staff Writer
Oct 253 min read
Here's who is semigrating to South Africa's coastal areas
The age cohort of home buyers reflecting growth in numbers since 2018 are those between 36 and 49 years.
Staff Writer
Oct 242 min read
Spear boosted by return-to-office trends, semigration, and interest rate tapering
Spear Reit has reported a 22.24% increase in distributable income for the first half of its financial year.
Staff Writer
Oct 242 min read
IMF revises growth forecast for South Africa
In the latest update, the IMF has revised its growth forecast for South Africa to 1.1% for 2024, slightly higher than the January outlook.
Staff Writer
Oct 242 min read
Big expansion plans for South Africa's biggest pharmacy
South Africa's biggest pharmacy chain Clicks Group is set to expand significantly in 2025.
Staff Writer
Oct 234 min read
Here's how many people are semigrating to Cape Town's prime areas
The Western Cape has attracted large numbers of residents from other provinces over the past few years.
Staff Writer
Oct 232 min read
More restaurants and tech for Wimpy and Mugg & Bean owner
Famous Brands, the owner of Steers, Wimpy, and Mugg & Bean, increased its headline earnings by 9.5% to R218.7 million.
Staff Writer
Oct 233 min read
The significance of R91.54 and what it gets you in South Africa today
Recent economic developments have boosted salary earners, potentially impacting the upcoming busy shopping period.
Staff Writer
Oct 232 min read
Latest inflation numbers spell good news for more rate cuts in SA
South Africa's inflation rate fell to lowest level in more than three years.
Staff Writer
Oct 232 min read
Is it too late to invest in listed property?
South Africa’s listed property sector has seen a remarkable recovery in 2024.
Staff Writer
Oct 222 min read
Middle-income South Africans face overdraft challenges before payday
Almost half of salaried South Africans find themselves with less than R1,000 or in negative balances by payday.
Staff Writer
Oct 223 min read
Demand for luxury homes shifting towards Durban West area
Demand for luxury homes shifting towards Durban’s Upper Highway area.
Staff Writer
Oct 213 min read
Top areas for semigrating South Africans
One in four homeowners who sell their property and buy a new one are now choosing to move to another province.
Staff Writer
Oct 212 min read
New solar ventures in Gauteng promise 40% reduction in electricity prices
Renewable energy company, Terra Firma, has unveiled a new R1.3 billion utility-scale solar energy build programme.
Staff Writer
Oct 182 min read
Insurance surrenders raise red flags as SA households seek short-term relief
The financial health of South African households improved in the second quarter of 2024.
Staff Writer
Oct 182 min read
South Africa’s commercial property market valued at R1.92 trillion
South Africa's commercial real estate (CRE) sector remains a significant pillar of the economy, now valued at an impressive R1.92 trillion.
Staff Writer
Oct 183 min read
More turnaround talk as store closures hit Pick n Pay sales
Pick n Pay Group's trading performance for the 26-week period ending 25 August 2024 showed varied results across its segments.
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