TFG partners with JD Sports Fashion to dominate South Africa's sportswear market, amidst a sustained demand for casual wear post-pandemic. This move amplifies TFG's competition with global brands like Nike and local players such as Studio 88, aligning with JD Sports' strategy to expand globally.
Deputy Secretary Wally Adeyemo underscored the enduring economic partnership between the United States and South Africa, emphasizing shared values of democracy and human rights. He highlighted the need for reliable power, support for clean energy initiatives, and investments in a diversified economy.
Growthpoint Properties experienced a decline in dividends for the first half of FY24 due to global interest rate increases affecting property values and financial markets, despite strong operational performance locally and internationally. Norbert Sasse, CEO of Growthpoint Properties takes Bruce Whitfield through the financial results and says the company remains focused on strategic initiatives to optimize its portfolio and increase revenue from managed assets, including investments in Australia and the UK.
- Shapeshifter - Steven Kark, the co-founder and Group CEO of Paycorp, an international payments company based in South Africa