RC 261111Kaya 959Gugulethu Mfuphi
Wednesday, 11 November 2026
Kaya Biz focused on a weak retail season: Woolworths' soft trading update, Dipula's 22% earnings jump, and an economy that barely grew, with fuel prices and rates squeezing households.
- 18:16
Woolworths sales grew just 0.2% across the group in its trading update, with leadership blaming higher fuel prices and interest rates for weaker spending on discretionary fashion and beauty.
- 18:31
Dipula Properties' distributable earnings rose 22% to just over R636 million, beating guidance, as the company credited a retail-focused portfolio and disciplined cost management for the strong result.
- 19:11
Purple Group's retail deposits rose 51% to R16.8 billion, as investors kept adding money even though retail returns fell to about 11% this year from roughly 22% the year before.
- 19:33
Funeral costs typically fall between R30,000 and R50,000, but some families spend far more, with one funeral provider saying costs have reached almost half a million rand.
- 19:51
The Pay Inc economic index fell 0.7% in October after a 0.4% drop in September, leaving activity only 0.4% above a year earlier, a signal that the economy has stagnated this year.