Saturday, February 21, 2026

Money

SASSA Announces COVID-19 SRD Payment Dates for February 2026

The South African Social Security Agency (SASSA) has confirmed that COVID-19 Social Relief of Distress (SRD) grant payments for February 2026 will be processed between 20 and 25 February...

SPAR South Africa Faces R170 Million Legal Battle Over Failed SAP System

SPAR South Africa is facing a massive R168.7 million lawsuit filed in the Durban High Court, marking the...

SASSA Addresses Temporary Delay on January 2026 SRD COVID-19 Payment Status

The South African Social Security Agency (SASSA) has issued an important public notice regarding the January 2026 COVID-19...

SASSA Confirms February 2026 Grant Payment Dates: Here’s When Beneficiaries Will Be Paid

The South African Social Security Agency (SASSA) has officially released the grant payment schedule for February 2026, giving...

US December 2025 Employment Report: Critical Implications for the Logistics Industry

The U.S. economy added just 50,000 jobs in December 2025, capping a year of dramatic deceleration. Total 2025 job...

PepsiCo Stock Surges Following Elliott Management Stake Announcement

Shares of PepsiCo Inc (NASDAQ: PEP) jumped sharply in premarket trading on Tuesday after activist investor Elliott Investment Management...

Kraft Heinz to Split into Two Companies Amid Strategic Restructuring

Kraft Heinz announced on Tuesday that it will split into two independent, publicly traded companies, marking a major restructuring...

ArcelorMittal South Africa’s Job Cuts: Unions Rally Against Looming Layoffs

ArcelorMittal South Africa (AMSA) is on the verge of cutting over 4,000 jobs, putting a significant portion of its...

Relief at the Pumps: South African Fuel Prices Drop from Wednesday

Motorists across South Africa will pay less for fuel from Wednesday, 3 September 2025, as the Department of Mineral...

U.S. Futures Slide as Pre-Market Trading Resumes After Labor Day

U.S. stock futures pointed lower on Tuesday morning as Wall Street reopened following the Labor Day holiday, with investors...

Trump Pressures Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations

President Donald Trump has intensified pressure on Federal Reserve Governor Lisa Cook to resign, citing allegations of mortgage fraud...

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amid Sales Slump

Target Corporation has announced that longtime Chief Executive Officer Brian Cornell will step down from his role on February...

Zahid Group’s $1.25 Billion Barloworld Acquisition Gets Green Light

The Competition Tribunal has officially approved the R23 billion (US$1.25 billion) acquisition of Barloworld Limited by a consortium led...

Mango Airlines Rescue Plan Collapses as Investor Pulls Out

South African low-cost carrier Mango Airlines is now headed for closure after its last potential investor, Ubuntu Air, withdrew...

United Airlines Restores Flights After Major Tech Glitch Grounds Hundreds Across the U.S.

United Airlines has successfully resumed operations after a sudden and widespread technology outage forced the airline to ground hundreds...

Pick n Pay’s Bold Turnaround Plan: What Ackerman’s Praise for Summers Really Means

South African retail giant Pick n Pay is undergoing one of its most critical transformations in recent history—and the...

Tesla and Samsung Forge $16.5 Billion Chip Pact

In a deal that could reshape the competitive dynamics of both the automotive and semiconductor industries, Tesla and Samsung...

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