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News
Cumberland Council could secure clean audit opinion by November 2031
9+ hour, 48+ min ago (419+ words) EXTERNAL auditors could be in a position to give an unqualified “clean” opinion on the finances of Cumberland Council by November 2031, according to a new report. Members of the authority’s audit and risk committee are due to meet at the…...
The unexpected rise of Margot Torres: Six lessons to success
11+ hour, 50+ min ago (1385+ words) Authority. Some fight and clamor for it, while for others, it comes so naturally. Margot Torres, Managing Director of McDonald’s Philippines, belongs to the latter. From the moment she walked into the room for her shoot, one could feel a…...
South Africa: Equinix's 170 MW data centers challenged on appeal
14+ hour, 11+ min ago (309+ words) The approval granted for two Equinix data centers near Cape Town Airport is under appeal. The project, estimated at around 170 MW, raises concerns about water, electricity, and the regulation of digital infrastructure. The project is planned for the King Air…...
Growthpoint has a V&A Waterfront problem
15+ hour, 8+ min ago (485+ words) The V&A Waterfront is thriving, but Growthpoint’s valuation isn’t. Strong Cape Town growth is offset by struggling Gauteng offices and modest earnings guidance and portfolio complexity have investors questioning whether Growthpoint’s diversification is an advantage or a drag on…...
V&A Waterfront supports Growthpoint income amid weak Gauteng offices
16+ hour, 6+ min ago (367+ words) In South Africa, real estate investment fund Growthpoint’s 50% share of the distributable income of the V&A Waterfront complex in Cape Town rose by 19% in the year ended June 2026. At the same time, the office portfolio in Gauteng province showed…...
Exclusive: Anita Horam on Entrepreneurship and Taking Local Stories Global
23+ hour, 47+ min ago (842+ words) You began your career at major media institutions before becoming an entrepreneur. What first drew you to storytelling and media? Looking back, what were the most formative lessons from your early years at television networks like MTV, Channel V and…...
Tim Draperâs USD 7.9 Mn Tanzania Resort Sale Draws Bizarre Offers Of Gold Mines, Homes And Cattle
1+ day, 6+ hour ago (642+ words) The sale has also attracted scrutiny over the legal status of the island and the nature of Draper’s interest in the property. Tanzanian authorities have clarified that Draper does not personally own Lupita Island. Instead, his investment is tied to…...
Clicks launches KwaMakhi format for South African townships
1+ day, 6+ hour ago (276+ words) In South Africa, the Clicks Group has launched a new KwaMakhi retail format for townships. As the columnist notes, Clicks Group CEO Bertina Engelbrecht said during the format’s presentation that the company would compete with all spaza shops and spaza…...
Mr Mozzie’s: The end of a Durban institution, but not its legacy
1+ day, 6+ hour ago (1165+ words) For almost 60 years, Mr Mozzie’s was woven into the fabric of Durban life — a place where generations of families bought food, built traditions and made memories. Now its iconic building has been sold for R11 million and the familiar corner has…...
SA urged to expand tax base through enforcement and job creation
1+ day, 4+ hour ago (197+ words) SA Institute of Taxation Chief Executive Professor Keith Engel said improving economic growth and employment would be critical to increasing government revenue over the long term. “The real issue has been, for quite some time, that we need to expand…...