Business Report

Jameel Motors has announced a new partnership with Changan Automobile, marking its entry into the realm of mobility solutions in South Africa.

Vukile Property Fund, the specialist retail estate investment trust, has forecast a dividend uplift of at least 6% after a year of strong growth and it is now moving towards a period of integration and value extraction from its assets in South Africa and in the Iberian Peninsula.

In an attempt to root out corruption in the food aid industry in South Africa, SA Harvest on Monday announced a groundbreaking smart vetting system to ensure food aid reaches legitimate, active community-based organisations (CBOs) around the country.

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SA Tourism has said they were on course to deliver a world-class Africa’s Travel Indaba 2025 in Durban in May.

Japan's economy could lose as much as $1.81 trillion (R33trl) in the event of a long-anticipated megaquake off its Pacific coast, which could trigger devastating tsunamis, the collapse of hundreds of buildings and potentially killing about 300 000 people, a government report said on Monday.

"Whilst there have been previous minor delays in the formal passing of budgetary legislation, South Africa has never ventured into the current impasse where society and government are not sure when and in what form the Budget will be passed."

York Timber Holding's headline earnings a share shot up to 14.31 cents in the six months to December 31 from 4.67 cents a year before, as the turnaround plan gained further traction.

Elon Musk, the billionaire founder of Tesla and SpaceX, told aspiring entrepreneurs in Wisconsin, US, on Sunday that creating useful products and services is essential to business success, while warning that most startups fail due to the difficulty of generating value.

Standard Bank Group CEO Sim Tshabalala’s single figure remuneration increased 7.1% to R89.22 million in the year to December 31, while that of his former deputy CEO Kenny Fihla, who this month announced his resignation to become CEO of Absa, fell by 3.7% to R67.29m.