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Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Rayon Business News, Media/News Company, Tzaneen.

RayonBusiness News is a subsidiary of RayonMedia Group, created to provide the latest business, technology and financial news in South Africa, Africa and Around The World

28/07/2026

TFG SHARES DROP R52, 42 WOTH R24 BILLION MARKET SHARE LOST

CAPE TOWN - The Foschini Group (TFG), the owner of Foschini, Markham, Sportscene and , saw shares close at R52.42 on July 27th, down by 58% from late July 2025, which was the sharpest drop among its retail peers on the Johannesburg Stock Exchange.

The drop by 58% represent a R24 Billion wipeout of its market value.

The decline comes as investors continue to worry about weak earnings growth and shrinking profit margins.

Despite the 7% growth in sales to R67 Billion in 2026 Financial year, earnings per share fell by 33.5% due to weak demand in South Africa, The UK and Australia.

16/07/2026

AFRICAN BANK PLANS TO AXE 1 200 WORKERS AND CLOSE 90 BRANCHES

JOHANNESBURG - African Bank is set to begin consultations under Section 89A of the Labour Relations Act, a move that could close 90 branches and cut about 1 200 jobs.

The bank says the move is to cut costs and improve efficiency.

The bank announced on Thursday that it is reviewing various cost-saving measures including IT spending, procurement, leases, and employee-related expenses as part of its strategy.

The retrenchment process began after the bank's June 25 interim results highlighted the need for operational consolidation and cost optimization due to costs exceeding risk-adjusted revenue.

Interim Group CEO Zweli Manyathi says the move was necessary to secure the bank's long term future.

10/07/2026

VACANCIES] ‼️

Police Act vacancies available at National and Provincial level: Component: Internal Audit.

The closing date for applications is 24 July 2026 at 16:00.

Follow this link to the SAPS website career page to view the advertisement and to download the required application form.
saps.gov.za/careers/ia.php

08/07/2026

🚨 WE'RE HIRING – SALES EXECUTIVE 🚨

Are you passionate about sales and ready to accelerate your career in the automotive industry? Join our dynamic team in Polokwane and become part of a brand that drives excellence!

If you're self-motivated, target-driven, and have experience in vehicle sales, we'd love to hear from you.

📍 Location: Polokwane

📧 Apply now: Send your CV to [email protected] with the reference "FORD".

Only shortlisted candidates will be contacted.

Take the next step in your career and drive your future with us! 🚗💙

30/06/2026

📢 VACANCY ALERT: Part-Time Interpreter (CCMA)
📍 Mpumalanga – Mbombela Office
📌 Ref: PTIMB06-26
💰 R970.84 per day

The CCMA is seeking a Part-Time Interpreter (Independent Contractor) to support hearings and administrative functions.

✅ Requirements:
• Matric + NQF 5 in Communication/Languages
• 1–3 years’ interpreting experience
• Proficiency in at least 3 SA languages
• Languages needed: isiZulu, Sepedi & Xitsonga
📌 Apply Here:
👉 https://forms.office.com/r/aECjKB55iu
📅 Closing Date: 03 July 2026

13/06/2026

TFG PLANS STORE CLOSURES AND SPENDING CUTS AS PROFIT DROPS

CAPE TOWN - The Foschini Group ( TFG ), the South African fashion retailer that owns Foschini, Markham, and others, is closing over 100 stores after profit dropped 33.5% this year.

CEO Anthony Thunstrom says peak-season sales were weak, shoppers spent less, and problems in the UK and Australia hurt business.

TFG also had a cyber attack that disrupted online sales.

The group found about 300 stores and brands losing money, so more than 100 will shut down to cut costs.

The Group says it will slow down opening new stores and instead focus on their Bash online shop.

TFG will also cut 300 million rand in spending and reduce Cape Town head office costs. Even though the news was bad, TFG’s share price actually went up 4.5% because investors liked the cost-cutting plan.

Revenue rose 7.2%, with retail turnover up 7.1% at 62.4 billion rand.

04/06/2026

CANAL + CELEBRATES HISTORIC JSE LISTING

SANDTON - The Johannesburg Stock Exchange (JSE) today welcomed CANAL+, a leading global media and entertainment company, to its Main Board, marking a significant milestone in the exchange’s continued evolution as a globally competitive marketplace.

The secondary listing of CANAL+ signals strong international confidence in South Africa’s capital markets and reinforces the JSE’s role as a conduit between global capital and African growth opportunities.

CANAL+ enhances the JSE’s sectoral diversity and provides local investors with direct, rand-denominated exposure to a globally diversified media and entertainment business with a significant African footprint.

CANAL+ listed on the London Stock Exchange in December 2024 and, using the fast-track framework, today becomes the first ever French company to list on the JSE, further strengthening the links between the capital markets of South Africa and Europe.

As the only global media and entertainment company listed on the JSE, CANAL+ provides investors on the JSE with a unique investment opportunity.

19/05/2026

JOB ALERT | 3X DRIVER POSITIONS AVAILABLE (CENTURION)

REQUIREMENTS:

- Valid Code 10 Driver's license and PDP.
- ⁠Truck driving experience not negotiable (no chancers).
- ⁠Experience in truck loading will be added as benefit.
- ⁠Age preference (25yrs - 32yrs).
- ⁠Must be physically fit.
- ⁠SOBER HABITS & RELIABLE (No criminal record).
- ⁠Good customer skills and very good communication skills (preferably English as most of our clients are English speaking).
- Person must be willing to relocate to Tembisa (transport to/from work will be provided.
- First preference will be given to people from Tzaneen & Giyani.

BENEFITS:

- Transport to/from work provided.
- ⁠Work flexible hours.

Salary offer: Depends on loads (R6500-R10000)

To apply email your CV to [email protected], for more information please contact (012) 012 6074.

13/05/2026

JOB ALERT | AGRICULTURAL INTERNSHIP UNIVERSITY OF JOHANNESBURG

This programme is designed for individuals interested in sustainable agriculture, agroecology, and practical, hands-on experience within agricultural and ecological systems. The internship provides exposure to crop production, research support, and community-based agricultural initiatives aimed at strengthening applied skills and real-world impact.

Interested candidates are invited to review the attached advert for full details on requirements, responsibilities, and application procedures.

Applications should be submitted via email to: [email protected]

Application deadline: Friday, 15 May 2026

13/04/2026

JOB ALERT | WE ARE HIRING AT FASTRAK TRADING

Fastrak Trading, Giyani Store is hiring staff for retail positions.

Interested candidates are invited to drop off their CVs between 09:00 and 17:30 starting from 13 April 2026.

Closing date for applications is 20 April 2026.

Requirements: Grade 12 and retail experience.

Male candidates only.

Apply early to avoid disappointment.

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