* H1 HEPS more than double, beat analyst estimates
(Adds Jumia sale plans, fresh CEO quote)
JOHANNESBURG South African mobile operator MTN Group will exit the Middle East in the medium term, it said on Thursday, starting with the sale of its 75% stake in MTN Syria, as part of plans to focus on Africa.
JOHANNESBURG South Africa's Shoprite Holdings will lay off 115 staff and close another Kenyan store, less than a year after its opening as part of the supermarket's expansion into the east African country, a letter seen by Reuters shows and the company confirmed.
JOHANNESBURG The chief executive officer of South Africa's MTN Group , Rob Shuter, has been appointed to head the enterprise unit of British broadband and mobile operator BT from next year, the two firms said on Friday.
JOHANNESBURG South African mobile operator Vodacom Group Ltd on Thursday reported a 7.6% rise in first-quarter group service revenue, buoyed by strong demand for voice, data and financial services in its domestic market during the coronavirus lockdown.
JOHANNESBURG Thousands of South African restaurant and bar owners placed tables and chairs on the streets outside their premises on Wednesday in a nationwide protest against lockdown restrictions that prevent them from selling alcohol or trading after 9 p.m.
JOHANNESBURG Like many of her compatriots, Kubashnee Moodley made her first foray into online shopping during South Africa's coronavirus lockdown. She is not a satisfied customer. | Video
JOHANNESBURG The Foschini Group (TFG) is set to buy 371 stores and selected assets of Jet for 480 million rand ($28.7 million) from Edcon's administrators, it said on Monday, allowing the South African retailer to expand into the budget apparel market.
* See 300 million rand in cost savings
(Recasts with Nigeria exit)
* Sun International shares surge 22%
(Adds quote, details about buyer, Sun's shareholder opposing