RC 261110Kaya 959Gugulethu Mfuphi
Tuesday, 10 November 2026
Vodacom and Premier Group dominated the business hour with strong interim results, while Chery's vehicle recall and a 33.7% unemployment rate framed the evening's economic news.
- 19:07
Vodacom's interim revenue rose 25% and headline earnings per share 26%, with CEO Shameel Joosub saying 61% of revenue now comes from outside South Africa.
- 18:02
Chery is recalling over 23,000 vehicles in South Africa over defects that could cause suspension collapse or reduced braking performance. The National Consumer Commission is also investigating earlier recalls.
- 19:17
Premier Group's operating profit rose more than 50% in the first half, largely from the Rhodes Food Group acquisition, with integration moving faster than management expected.
- 19:29
Premier is closing one of its two canning factories and consolidating canned fruit at Langeberg in Ashton, arguing Chinese exporters selling 20-30% cheaper made two plants unviable.
- 19:54
Official unemployment ticked up 0.1 percentage points to 33.7% in the third quarter of 2026, with about 8.6 million people unemployed, according to Stats SA's quarterly labour force survey.