Bumper Sea Harvest; Sugar tax hits RCL Foods; Vox buys out Investec; Manufacturing sentiment slips; Petrol price hike; Tesla powers Zim
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In today's business headlines:
Sea Harvest Group reported a surge in first-half sales and profits;
While RCL Foods reported a 60.8% drop in full-year profit hurt by a poor performance in its sugar and chicken divisions;
Vox Telecom SA shareholders including Rand Merchant Bank agreed to buy out fellow investor Investec in a R2bn ($130m) deal;
South Africa's manufacturing industry sentiment slid back into contraction in August;
Petrol rises by11 cents a litre today and diesel goes up by 26 cents a litre; and
Tesla batteries are powering Zimbabwean phones.
Sea Harvest Group reported a surge in first-half sales and profits;
While RCL Foods reported a 60.8% drop in full-year profit hurt by a poor performance in its sugar and chicken divisions;
Vox Telecom SA shareholders including Rand Merchant Bank agreed to buy out fellow investor Investec in a R2bn ($130m) deal;
South Africa's manufacturing industry sentiment slid back into contraction in August;
Petrol rises by11 cents a litre today and diesel goes up by 26 cents a litre; and
Tesla batteries are powering Zimbabwean phones.
