South African grocery group Pick n Pay on Tuesday reported a 4.3% increase in group turnover, lifted by increased sales at its supermarkets and strong growth at discount chain Boxer, despite challenging consumer conditions.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
Read MoreSouth Africa’s Telkom reported a 6.5% rise in quarterly core profit on Tuesday, helped by subscriber growth and increased use of its “next-generation network” (NGN) offerings as it ditched legacy services.
Read MoreNigeria’s capital inflows surged 67% year-on-year to $5.64 billion in the first quarter of 2025, driven by an uptick in portfolio investments and renewed investor interest in the financial services sector, official data showed on Tuesday.
Read MoreNedbank Retail Services has warned that franchise businesses in South Africa will likely come under immense pressure after the US imposes its 30% tariff on the country.
Read MoreKamers/Makers has officially launched a new chapter in its 23-year journey, featuring a refreshed visual identity and a powerful new seasonal theme.
Read MoreSpringbok coach Rassie Erasmus revealed he had a phone call with Stormers boss John Dobson about the roles of Evan Roos and Salmaan Moerat.
Read MoreWoolworths has announced a first-of-its-kind benefits package designed to change the lives of thousands of its employees.
Read MoreThe Baumann family went from manufacturing biscuits made for sailors to founding one of South Africa’s oldest and most beloved brands: Bakers.
Read MoreFormer SuperSport CEO Marc Jury has been appointed group CEO of sports marketing agency Megapro, effective 1 September 2025.
Read MoreThe South African Broadcasting Corporation (SABC) has announced the appointment of Maijang Mpherwane as group executive: video entertainment, effective 01 August 2025.
Read MoreOld Mutual Investment Group’s (OMIG) flagship Investor’s Fund has sold out of the South African financial services sector to invest more heavily in mining companies set to benefit from rising commodity prices.
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