Nick Wilson
BusinessLIVE
Johannesburg, GP, South Africa
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Past articles by Nick:
‘We cannot have Durban without beaches in December’
Stakeholders are concerned the continued closure of Durban beaches will have a devastating impact on festive-season trade. → Read More
Tongaat’s debt plan critical for group’s future
If the company cannot be stabilised, it could affect up to 500,000 jobs across its supply chains in the Sadc region → Read More
Vehicle supply shortages ‘will go into 2023’
The shortage of chips, parts and components is a major issue worldwide → Read More
Together, government and business can turn the economy around, says Adrian Gore
The Discovery CEO says the vaccine rollout is a case in point. → Read More
Shoprite is making a difference within and beyond its doors
In a bold move, the group is opening 275 stores this year as part of its R5.9bn capital expenditure programme → Read More
Going private will be a Massmart game-changer
Going private under Walmart's wing seen as allowing more flexibility in turnaround plan → Read More
Sun International climbs out of the valley to bet on expansion
With Covid-19 restrictions lifted and tourism on the up, the company is expanding its offerings → Read More
Local sourcing keeps Coca-Cola SA’s costs in check
Breadth of products also attributed to the group's dividends and keeping costs manageable → Read More
Airline industry flies into most stable period in a decade
But it’s not just blue skies ahead as price of jet fuel price, spare parts and components on the rise → Read More
Curro cashes in as state schools decline
Parents cut spending on cars and holidays to send children to private schools → Read More
Absa unveils bold green energy financing plans
The bank is confident its funding of renewable energy projects, currently at R23bn, will double as a total percentage of group loans by 2030 → Read More
SA’s smaller bourses nipping at JSE’s heels
In its results for the year ended December 31, the JSE reported 25 delistings, up from 20 the previous year. There were eight listings in 2021 from four the previous year → Read More
SA’s unclaimed millions: BEE beneficiaries owed R167m in dividends
JSE says millions in stock cash unclaimed, with BEE beneficiaries particularly hard hit. → Read More
‘New energy plan could spark growth for JSE and SA economy’
The successful implementation of President Cyril Ramaphosa’s energy plan will be a catalyst for economic growth, requiring capital that could lay the foundation for more listings and increase the potential for new bonds and private placements by companies in the power sector, says JSE CEO Leila Fourie → Read More
‘Notable recoveries’ in domestic corporate travel, mall foot traffic
Domestic business travel, absent for much of the past two and half years, is making a comeback in Johannesburg → Read More
State turns to business to help end energy crisis
Government is lobbying the private sector to avail technical and project management skills as it mobilises the biggest multi-department cooperation effort since the Covid pandemic to implement President Cyril Rampahosa's bold energy crisis plan. → Read More
Massmart seeing green shoots from lifting its game, says upbeat COO
Turnaround measures introduced in 2019 gathering momentum, says Jonathan Molapo. → Read More
House sales surge, but economy weighs on prices
Economists say house prices will, after inflation is taken into account, probably decrease over the next few years → Read More
Activist investors urge Tongaat to speed up restructuring plan
One proposal is to ask the nine banks that lent the company some R13bn to ‘take a haircut’. → Read More
‘Economic madness’ to hike borrowing costs, experts warn
Reserve Bank gets flak for rate decision — but some call it the right move → Read More