MTN profit up on Iran, Ghana growth
MTN Group, Africa’s largest mobile operator, reported a 14 percent increase in first-half profit on Wednesday, as solid growth in South Africa, Iran and Ghana helped it overcome tougher competition in its key Nigerian market.
R280m mall for Zwide
IN a first for Nelson Mandela Bay, Zwide township will soon become a major retail hub with the construction of a R280-million shopping mall that will feature some of the country’s biggest fashion retailers.
Telkom slapped with R449m fine
TELKOM SA was fined R449-million by the Competition Tribunal yesterday for “bullying” its competitors.
Consumer boss’s court blow
NATIONAL Consumer Commissioner Mamodupi Mohlala-Mulaudzi’s urgent application to the Johannesburg Labour Court yesterday regarding her question of whether her contract would be renewed next month was dismissed.
Business boost for Nkonkobe
EASTERN Cape entrepreneurs in the Nkonkobe region have received a major boost with the launch of a new business support centre in the area.
Leading employee at VWSA earns national women’s award
ONE of Volkswagen Group South Africa’s (VWSA) leading women, Lesley Lee, has won South Africa’s Most Influential Women in Business and Government Award in the automotive category.
Cassie’s proves no pie in the sky
Hardwork, commitment and humility are some of the ingredients that go into a wholesome, fulfilling pie, says Andre Castelein co ownwer of Cassie’s Pies which has become one of the Eastern Cape’s leasding fast food brands.
SA’s surging stocks belie sluggish economy
Once again, South African stocks are on a tear. Drawn by earnings growth, fat dividends and expectations of further Africa expansion, investors – particularly foreign ones – have ploughed into Johannesburg’s retailers, banks and industrials, sending the All-share index to another series of record highs this week.
New vehicle sales soar
SURGING entry-level new car sales, buoyant demand for taxis and light commercial vehicles, and car- hungry rental companies were behind a remarkable 18.3% year-on-year increase in new vehicle sales last month.
Article source: http://www.peherald.com/news/article/7816