New South African store has much lower prices than Checkers and Pick n Pay

Walmart, which launched in South Africa at the end of 2025, has significantly lower prices on everyday products than Checkers and Pick n Pay. View online Friday, 16 January 2026 Your daily update New South African store has much lower prices than Checkers and Pick n Pay Walmart, which launched in South Africa at the end of 2025, has significantly lower prices on everyday products than Checkers and Pick n Pay. Eskom is in serious trouble Despite ending load-shedding, Eskom faces existential risks from declining demand, rising costs, and soaring municipal debt, as higher prices drive consumers to alternative energy, shrinking its sales base and threatening a downward financial spiral. New R3.5 billion luxury coastal estate coming to South Africa A new R3.5 billion luxury coastal golf estate, Beachwood Coastal Estate, is currently under development in Durban North. Major international company closing South African factory because of crime British American Tobacco's South Africa subsidiary said it will end local production of cigarettes after illicit trade shrank volumes and made operating unviable. Business and Technology News The South African software development company that does things right Codehesion, voted South Africa's most trusted software development company in 2025, helps companies fix their software projects and ensure things are done right. DStv owner's do-or-die plan completely backfires Nearly three years ago, MultiChoice said its strategy was to transform its video streaming service into its growth engine, a gambit which has spectacularly failed. Basic food prices in South Africa increased by 75% in seven years The PMBEJD's latest Household Affordability Index shows that the cost of a basic nutritional food basket in December 2025 was R5,333.45, a 75% increase from December 2018. South Africans can now visit 101 countries visa-free in 2026 – losing access to 5 destinations South Africans can travel to 101 countries without needing a visa in 2026, marking a decline in global mobility compared to the previous year. Must read Sale of iconic South African shopping mall scrapped Hyprop's planned R805 million sale of 50% of Hyde Park Corner has collapsed due to unmet conditions by the buyer. Mr Price in hot water for R10 billion European gamble Mr Price is in the hot seat after announcing plans to buy a German-based retailer and expand into Europe, with shareholders voicing their concerns The ANC wanted fixed investment to be 30% of GDP by 2030. Instead, it has plummeted South Africa's National Development Plan aimed for fixed investment to reach 30% of GDP by 2030, but instead it has fallen to less than half that target. South Africa's rand ready to rock South Africa's rand is expected to build on gains made in 2025, as both local and global factors are working in the country's, and therefore the currency's, favour. More stories

Manage your preferences or unsubscribe • View PDF • Pause Subscription • View Online This email was sent to mufhandu.o.itsol@blogger.com on 16-01-2026 by Daily Investor, This is intended for opt-in communication only. If you feel this email is unsolicited please report it to us Email Powered By Everlytic