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Labat Africa’s share price ended 20% higher on the JSE on Friday after it announced that it is selling its cannabis healthcare sector businesses to its CEO and a director.Labat had first announced its intention to enter the cannabis industry in November 2019, which at the time was a novel…

JSE listed KAP, the diversified South African industrial group, announced Friday it would dispose of Unitrans Swazi Holdings for about R214 million.KAP is focusing on turning around its underperforming businesses, with the Unitrans division being the largest of these businesses. KAP has made significant management changes in all underperforming businesses…

The share price of luxury goods group Compagnie Financiere Richemont surged 4.8% on the JSE on Friday after it reported strong global sales in the six months to September 30, with sales accelerating in the second quarter.The group interim results, which includes brands such as Cartier, Van Cleef & Arpels,…

This summer season, South Africans are gearing up for holidays, outdoor gatherings, and much-needed downtime. But while many prepare for festive fun, few consider the potential risks warmer months bring from storm damage and burst geysers to power surges and pest infestations. A few simple checks before heading off on…

This column is not for everyone. The majority of South Africans exist hand to mouth, with far too many households living below the breadline. “All this talk of saving,” they will say, “when we don’t even earn enough to feed our families.” Let’s consider their situation for a moment.The Pietermaritzburg…

Financial abuse is one of the least visible forms of domestic violence – yet one of the most damaging. According to the Human Sciences Research Council’s (HSRC) National Gender-Based Violence Study conducted in 2024, one in eight women over the age of 18 has experienced financial abuse, defined as the…

Finance Minister Enoch Godongwana's decision to lower South Africa's inflation target to 3% – ending a 25-year framework of targeting a 3% to 6% range – has bolstered the rand and will bring relief to millions of South Africans.Godongwana announced during Wednesday's presentation of the Medium-Term Budget Policy Statement (MTBPS).While…

The rise of Artificial Intelligence (AI), automation and smart technologies is transforming the way we work. Rather than replacing people, however, these advances are redefining what human value looks like in the workplace.Routine and repetitive tasks are giving way to roles that demand creativity, critical thinking and emotional intelligence.Work itself is becoming more flexible and connected, as digital…

In the FMCG industry, agility is everything. Markets move quickly, consumer expectations evolve daily, and global strategies often collide with local realities. Over the years, I’ve learned that the ability to turn a global ambition into a local success story depends on two forces: collaboration as a superpower and listening…

Discovery Bank's recent penalty of R3 million for serious failures in compliance with the Financial Intelligence Centre Act (FICA) serves as a stark reminder that South African institutions cannot afford to become complacent following the country's removal from the Financial Action Task Force (FATF) greylist.This opinion comes from Hawken McEwan,…