Thursday , 12 February 2026

Recent Posts

South African Air needs $404 million in government funds

Bloomberg South African Airways appealed to the government for 5 billion rand ($404 million) to cover immediate costs and warned that it may be unable to make debt repayments next year as the state carrier battles to stay in operation. Chief Executive Officer Vuyani Jarana is at the early stage of a turnaround plan designed to return the carrier to …

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Popeyes Kitchen posts surprise gain in same-store sales in US

Bloomberg The people have spoken. And they want fried chicken late at night — preferably without leaving the comfort of their homes. Popeyes Louisiana Kitchen, the fast-food chain owned by Restaurant Brands International Inc., posted a surprise gain in same-store sales in the US last quarter. Helping the business? Dinner and post-dinner delivery orders. While the service is only offered …

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Steinhoff’s former chief Jooste set to cash in after making deal with lenders

Bloomberg Steinhoff International Holdings NV’s former Chief Executive Officer Markus Jooste has been thrown a lifeline by banks as the global retailer he oversaw for 18 years struggles to survive an accounting scandal that happened under his watch. The 57-year-old’s personal investment company Mayfair Holdings Pty Ltd. has been given until the end of the year by lenders to sell …

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