southlatest news & developments
Simbisa Brands, the Zimbabwe operator of Nando’s and Steers restaurants in that country raised revenues over the year to June 2026 by 20%, boosted by an 11% increased customer counts and higher average spending.
RETAIL

Tills chime for Zimbabwe Nando’s and Steers operator

Zimbabwe's Simbisa Brands increased total dividends for its 2026 financial year by 45% to R25.46 per share.

  • Tawanda Karombo
3 min read
The refining and smelting of gold to produce bullion bars at Gold Fields. Its offer to buy the Northern Star gold mining company in Australia has been rebuffed.
MINING

Gold Fields sheds 14.56% on JSE after Northern Star rebuff

Gold Fields shares fell sharply on the JSE after Northern Star’s board declined to engage further on the South African miner’s proposed A$27-a-share takeover offer.

  • Tawanda Karombo
4 min read
Clicks Group has acquired a further 35.3% interest in ARC for R507 million.
CLICKS GROUP

Clicks raises ARC beauty stake in R507m deal

Clicks Group has increased its stake in premium beauty retailer ARC Store to 61% after buying a further 35.3% for R507 million, giving it control of the fast-growing business.

  • Edward West
2 min read
Matias Cardarelli CEO of PPC
CEMENT

PPC extends CEO Matias Cardarelli’s contract to 2030

PPC CEO, Matias Cardarelli will focus on South Africa operational improvements and growth initiatives in Zimbabwe after his tenure was extended until 2030.

  • Tawanda Karombo
2 min read