RC 261102Kaya 959Gugulethu Mfuphi
Monday, 2 November 2026
Kaya Biz's evening edition covered weaker interim earnings at Dis-Chem, strong growth at Altron and Redefine, a Fed rate hold, and municipal dysfunction that is hurting small businesses.
- 19:36
Dis-Chem's half-year earnings are falling around 13% as cost pressures offset sales growth, the group's latest interim results show.
- 19:15
Only 15% of South Africa's 257 municipalities achieved clean audits, around 39 in total, with about 20 of them in the Western Cape, according to the Auditor-General.
- 18:21
Redefine Properties' distributable income rose 7.5% on 2.6% revenue growth to R11.3 billion, with operating margin just under 77% in the year to August 2026.
- 18:35
Altron's revenue grew about 5% to over R5 billion, its strongest growth in three years, while cash generated from operations rose more than 32%.
- 19:50
The US Fed held its target rate at 3.75% to 4%, with chair Kevin Warsh saying inflation remains elevated and must return to the 2% goal.