Ngumeni began his role as group CEO of Woolworths on June 1, 2026, following the retirement of Roy Bagattini, who led the company for six years. Since taking over, Ngumeni has initiated changes in the leadership structure.

Woolworths is set to implement changes to its rewards programme, prompting questions about whether customer loyalty is genuinely being rewarded or manipulated. The specifics of the changes have not been detailed, but they aim to enhance the customer experience and engagement with the brand.

Woolworths has launched a new fulfilment centre, referred to as a 'dark store', to enhance its Woolies Dash online delivery service. This expansion is part of the company's strategy to grow its fast-developing online delivery network.

Pick n Pay has launched an AI assistant as part of its strategy to reclaim market share from the Checkers Sixty60 app. Meanwhile, Woolworths is expanding its operations with the addition of another 'dark store'.

According to Moneyweb, Bukula has resigned from his position as chair of Nersa, the National Energy Regulator of South Africa. Following this development, the minister has called for nominations for the CEO position within the organization.

MTN Group has appointed Jerry Soko as the Chief Executive Officer of MTN Eswatini, effective July 1. This move is part of the company's strategy to strengthen its leadership as it aims for long-term growth. Soko previously served as acting CEO for seven months, during which he contributed to the company's operations.