Monday, 9 November 2026

Nearly half of ordinary Shoprite shareholders opposed a share award worth over R175 million to CEO Peter Engelbrecht, but a large holder's higher-voting deferred shares pushed it through anyway.

The DA finished first in Johannesburg, Tshwane and Ekurhuleni but won no outright majority in any of the three metros, and has begun approaching other parties for coalition talks.

Alleged crime kingpin Vusimuzi Matlala denied paying suspended deputy commissioner Shadrack Sibiya R500,000, saying he gave only R50,000, but advocate Adila Hassim challenged his testimony at the Madlanga Commission.

The Presidency wants a commission chaired by the president to steer strategy across state-owned enterprises, which analysts say will be hard to make work without a clear roadmap.

Chemicals and explosives group Omnia reported operating profit up over 26% for the six months to September, even though revenue rose just 2%.