Sunday World News Updates

Consumer goods and milling giant RCL Foods expects a significant decline in earnings for the year ended June 2026, weighed down by weak performances in its sugar, pet food and grocery businesses. The company, which owns well-known brands including Selati Sugar, Yum Yum peanut butter, Sunbake bread, Bobtail and Catmor,… Read more »

Incumbent President Hakainde Hichilema has won re-election in Zambia’s presidential poll, the Electoral Commission of Zambia (ECZ) announced early Tuesday. ECZ Chairperson Mwangala Zaloumis declared the official results at the National Election Results Center in the Zambian capital of Lusaka, announcing Hichilema, candidate of the ruling United Party for National… Read more »

South African lender Absa Group reported an 8% rise in half-year headline earnings on Tuesday, supported by higher revenue and lower credit impairment charges. Headline earnings Headline earnings grew to R12.8-billion in the six-month period ended June 30. Absa, the third-biggest lender by assets in South Africa, declared an interim… Read more »

Absa Group’s insurance business delivered a mixed performance in the first half of 2026, with strong growth in South Africa helping offset a steep decline in income from its African operations. The banking group reported an 8% increase in aggregate net insurance income for the six months to June 30,… Read more »

The 2026 Nedbank Golf Challenge will return to a transformed Gary Player Country Club from 3-6 December, with the most significant course redesign in the tournament’s history creating a new championship test for one of world golf’s most recognisable events. The course transformation is the headline development ahead of the… Read more »

More than 40,000 students whose families are too poor to afford tertiary education but too rich for full funding by the National Student Financial Aid Scheme (NSFAS) have been left stranded after R3 billion meant to accommodate them was redirected to other expenditure items. This follows the Public Protector’s probe… Read more »

Mahindra has unveiled the production version of its long-awaited Global Pik Up, which will be marketed as the Mahindra Lifestyler outside India and is expected to make its debut by April 2027. The new midsize bakkie was first shown as a concept in Cape Town in August 2023. Its development… Read more »

A forensic investigation into R6.28-million in disputed travel-related expenditure at the National Department of Health was complicated by a missing laptop, unanswered questions, and missing documents as officials and entities failed to provide information or assist investigators. The Boqwana Burns Incorporated report, concluded on March 28, 2025, and submitted to… Read more »

Mamelodi Sundowns defender Grant Kekana has taken a dig at Orlando Pirates, saying the Buccaneers are still chasing them, despite snatching the league title away from them last season. Pirates ended the eight-year dominance by Sundowns when they were crowned the Betway Premiership champions for the first time since 2014… Read more »

Following days of protests which had created unrest in the Ngcobo area, in the Eastern Cape, the Dr AB Xuma local municipality has speedily suspended its municipal manager, Khathutshelo Mulaudzi. His suspension comes after the residents of Ngcobo raised issues of poor governance and lack of service delivery. The suspension… Read more »