Lerato Mokoena is the Business and Technology Editor and covers the economy, the markets and the technology the country runs on, from the JSE to the grid to the networks in between.
The ARC and its board unanimously backed Agriculture Minister Willie Aucamp's proposal on Monday, as South Africa continues to respond to an FMD outbreak. Licensing income will be ringfenced for the ARC's own manufacturing capacity.
Spar has warned that results due in December will come in below the previous financial year, after headline earnings fell 55% in March. The group's roughly 1,700 South African stores, its independent-owner model and its debt terms are all now under scrutiny.
