Value retailer Mr Price’s acquisition of Power Fashion has just received approval from the South African and eSwatini competition authorities. The deal will come into effect on 1 April and will see Mr Price acquire 173 Power Fashion stores across Southern Africa. Mr Price bought Power Fashion, also a value retailer, for R1.7 million in...
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SA will remain on Alert Level 1 over the Easter holiday but no off-site booze sales – Ramaphosa
President Cyril Ramaphosa addressed the nation last night following the Easter weekend holiday. South Africa is staying on Alert Level 1, however Ramaphosa has introduced restrictions on sales from bottle stores over the long weekend. The sale of alcohol for off-site consumption is prohibited on Friday, Saturday, Sunday and Monday. Onsite sales of alcohol are...
MTN Appointed Mobile Service Provider to Government
The National Treasury has appointed MTN as the new mobile service provider to the government for the next five years. The contract allows for all entities of state to “utilise the contract for mobile communication services, which will further assist with cost containment”. The scale of the government’s requirements is expected to allow MTN to...
SABC is Retrenching 621 Employees
South African Broadcasting Corporation (SABC) has concluded to retrenched 621 employees, and this is not the end, more still coming. As of 1 April, a total of 621 SABC employees will have been let go via the public broadcaster’s drawn-out Section 189 process. The SABC on Tuesday said that it had concluded the process and would transition...
Donald Trump launched a website to stay in touch with his supporters
Former President Donald Trump has launched an official website www.45office.com, a platform for his supporters to stay in touch and to showcase his time in office. The 45office.com website’s home page displays multiple pictures of Trump with various figures including his wife Melania, members of the military and world leaders, which were taken at multiple events...