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Get the latest Business and Financial news in South Africa as it happens.

Fawu to march against sugar tax

The Food and Allied Workers’ Union (Fawu) will march to the National Treasury in Pretoria on Monday to protest against the proposed introduction of a sugar-sweetened beverages (SSB) tax, or “sugar tax”. Fawu general secretary Katishi Masemola said in a statement that the protest is informed by the “admission” from …

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Whitey Basson to retire in December

South Africa’s biggest retailer will soon have a new boss. Shoprite chief executive, Whitey Basson is expected to retire next month. Chief operating officer Pieter Engelbrecht his expected to succeed him in January. Basson’s decision to retire brings to an end a 45-year career. He’s credited with growing the business …

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#FeesMustFall calls for protest at Parliament

The #FeesMustFall movement issued a call in the early hours of Wednesday for protest action at Parliament where Finance Minister Pravin Gordhan was set to table the Medium-Term Budget Policy Statement (MTBPS). “We call upon all citizens of this country to descend to parliament and other strategic institutions on 26 …

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Dis-Chem Pharmacies plans to list on JSE

Dis-Chem Pharmacies on Monday announced its intention to list on the main board of the Johannesburg Stock Exchange. The company, which sells pharmaceuticals and a wide range of household goods and health and beauty products, said the proposed listing was subject to market conditions and JSE approval. Dis-Chem, which has …

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