Dis-Chem announces retrenchments in South Africa
South African pharmacy giant Dis-Chem has confirmed that it has initiated a Section 189 process, inviting over 500 employees to participate.
South African pharmacy giant Dis-Chem has confirmed that it has initiated a Section 189 process, inviting over 500 employees to participate.
Deploying capital and talent in the right areas will be critical to iOCO’s next phase of growth.
Mastercard has signed recent agreements with two South African companies in its shift towards a software-first ecosystem.
Global investing has rarely felt straightforward, but today’s environment is testing asset managers in new and demanding ways. Geopolitical tension, uneven growth, shifting rate expectations, technological disruption and evolving ESG demands are forcing a rethink not only of where capital should go, but also of how portfolios are built to withstand shocks without sacrificing long-term…
The South African Constitution is hailed as one of the best in the world. Yet among those who praise it, fidelity is often limited to provisions that do not significantly alter the economic architecture inherited from an unjust, unequal past. One of the most important provisions is the right to equality in the Bill of…
A senior executive alleged to wield significant authority at the Industrial Development Corporation (IDC) and his colleague facing charges of financial misconduct played a key role in ensuring that Tinley Leisure Women (TLWI) Investments, a questionable black empowerment consortium got a slice of the R2.1 billion Tinley Leisure Club Med project. Bongani Miya, the IDC…
Nanette is at a salon in Joburg’s Braamfontein neighbourhood when she and I get on a call to discuss her music and upcoming plans on a Tuesday morning. With a new single out, a deluxe edition of her last album due for release and a career milestone performance only a few days away, the 24-year-old…
When we left Tembisa last year, we thought we were leaving more than just a place. We thought we were stepping into something lighter, something safer, something closer to what people call freedom. But freedom, it turns out, is not always a clean break. Sometimes it follows you, sits beside you in the silence, asks…
The contrast between South Africa’s high levels of poverty and unemployment, alongside persistent allegations of corruption and graft, raises renewed questions about whether this is the freedom that was fought for. A Competition Commission report on the cost of living found that utilities, food and education, continues to rise faster than general inflation, placing significant…
Sending money to South Africa still comes at a higher cost than it should. Future Forex is reshaping that experience.