Insurer Old Mutual on Friday confirmed speculation that it would separate its four core business units following a strategic review, in a bid to cut millions in costs. It will also reduce its stake in majority-owned Nedbank to a minority position.

Bidvest Group founder Brian Joffe plans to give a portion of the business to dedicated entrepreneurs, Deputy Minister of Trade and Industry Mzwandile Masina said.

The Lion Match Company this week officially unveiled a second iconic building in its home city of Durban – its new headquarters on the Durban Point Waterfront.

Packaging company Nampak expects to double the number of wine bottles it manufactures for clients such, as KWV and Nederburg, this year.

Dairy producer Clover cited solid festive season demand in its home market for an uptick in interim earnings, but warned of risks elsewhere in Africa and said it would make no more investments in Nigeria.

The search for a cheap avocado has become an unexpected middle-class concern in Joburg, with the fruit now a buttery symbol of entitlement.

With grocery brand owners increasingly exploring how they can bypass retailers and sell direct to consumers, new research suggests such moves would prove popular with shoppers.

A small local potato crisp manufacturer has to change its logo and packaging after Simba Chips accused it of being a copycat.

The current oversupply of milk is good news for consumers, who can expect to pay lower prices, but not for shareholders of Clover Industries, SA’s biggest milk producer.