Retail giant Mr Price Group has refined its remuneration structure to align with industry best practices.
In its 2024 annual report released on Friday, the group announced a phased transition from a basic salary plus benefits model to a total cost-to-company remuneration framework, a shift...
Cheapest mobile phones in South Africa — All under R200
Whether you cannot afford to spend thousands on a smartphone or don't need all the additional features they provide, you will find no shortage of basic mobile phones you can buy in South Africa for less than R200.
MyBroadband scoured the...
Mr Price makes R570 million by selling cellphones
Mr Price has released its interim results and reports that its telecoms segment generated R570 million in revenue during the 26 weeks from 2 April to 1 October 2022.
The company said that this is a 9.2% increase in revenue.
South Africa's retail CEO salaries compared to shareholder returns
Dis-Chem CEO Ivan Leon Saltzman achieved the best shareholder returns for every rand earned, while Pick n Pay CEO Pieter Boone performed the worst.
Executive compensation has been a hotly debated issue for many years. Workers...
South African companies waste millions on chasing metaverse hype
Many South African companies are blowing money on the metaverse, not because of its potential, but because they fall victim to the hype.
The hype started last year when Facebook CEO Mark Zuckerberg rebranded the company to Meta...
Mobile virtual network operator boom in South Africa
Mobile virtual network operators (MVNOs) offer alternatives to dealing with larger carriers like Vodacom and MTN while still using the bigger networks' excellent infrastructure to provide subscribers with coverage.
Several South African...
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TFG launches mobile operator — here's how its data prices compare
The Foschini Group (TFG) has launched a mobile virtual network operator (MVNO) — TFG Connect — that will compete with other MVNOs, including Mr Price Mobile, Afrihost Air Mobile, and PnP Mobile.
TFG Connect will use MTN's...
Mr Price launches freaky-looking NFTs
Earlier this week, Mr Price ran a competition giving away nine non-fungible tokens (NFTs) to its Instagram followers.
Dubbed “NF-Tees”, the collection features a strange-looking animated character doing dance moves while wearing different t-shirt designs.
FNB Connect vs Standard Bank Mobile vs Afrihost Air Mobile — Battle of the virtual operators
There are four big mobile networks in South Africa, but those looking for affordable cellular connectivity also have several mobile virtual network operators (MVNOs) to choose from.
Afrihost Air...
Here is how much money Yuppiechef makes
Yuppiechef generated R296.2 million in revenue and R19.9 million in operating profit between 1 August 2021 and 2 April 2022.
Mr Price Group acquired 100% of Yuppiechef on 1 August 2021 as a way to gain access to a higher LSM customer base.
Clothing retailer grows into a R1.2 billion telecoms giant in 5 years
Mr Price released its annual financial results on Thursday and reported that its telecoms segment exceeded a billion rand for the first time.
The group's revenue increased 23% to R28.1 billion, of which Mr Price Cellular and...
Mr Price hit by resignation of Yuppiechef founders
Yuppiechef founders Andrew Smith and Shane Dryden have resigned from the company they started sixteen years ago.
Smith and Dryden’s resignation comes less than a year after Mr Price acquired Yuppiechef.
Mr Price to acquire Yuppiechef
Mr Price Group has announced that it will purchase 100% of Yuppiechef, a privately-owned South African ecommerce business focussed on home and kitchenware.
Yuppiechef was founded in 2006 with a vision to build a platform for the distribution of aspirational...
Hi Guys,
So I'm a 19 going on 20 year old girl, started working about a year ago.
A few weeks ago I applied for a cellphone contract but was rejected as I have not had any debts/accounts previously. Today I applied for a Mr Price account but was almost immediately rejected.
Do you guys...
Standard Bank smartphone app security concerns raised
A Standard Bank customer has said that fraudsters used the bank’s smartphone app to steal thousands of Rands from him.
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Personal debt info exposed through SA bill website
Edgars, Jet, and Mr Price debt totals could be seen online if you had the cellphone number or e-mail address, and birth date of someone with debt