Kaizer chiefs new ceo announcement
Bheki Shongwe’s return as CEO signals a major change in the management of Kaizer Chiefs. The restructuring aims to enhance the club’s performance.
Category: Business
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TotalEnergies’ Mozambique LNG Project Advances
TotalEnergies’ Mozambique LNG project exemplifies large-scale infrastructure investment in Africa’s energy sector. The project is currently 42% complete.
Yahoo: Atlético Madrid Faces Arsenal in Champions League Semifinal
Atlético Madrid seeks to change its fortunes against Arsenal in the Champions League semifinal. The stakes are high for both teams.
Nedbank: Durban City FC Wins Cup in Historic Season
Durban City FC achieved a historic victory by winning the Nedbank Cup in their first season back in the topflight. The team triumphed over TS Galaxy with a score of 2-1.
Middle East
The US will escort ships through the Strait of Hormuz as tensions with Iran rise. This development may escalate the ongoing conflict in the region.
Absa’s PMI Improvement Raises Questions About Recovery Sustainability
Absa’s Purchasing Managers’ Index rose to 52.6 in April 2026, raising questions about the sustainability of its recovery amid rising costs.
Sasol Faces Rising Diesel Prices in South Africa
Diesel prices in South Africa are set to surpass R32 per litre for the first time. This increase is influenced by global oil market conditions.
Pick n pay labour model
Pick n Pay is changing its labour model amid financial struggles. Proposed changes include cuts to Sunday pay and increased weekend shifts.
Zululand bus service contract dispute
Mduduzi Sithole alleges he lost a R6 million-a-month bus contract due to corruption and bribery demands from officials. The dispute involves multiple parties.
