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.

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.

Telkom's CEO and CFO have received shares valued at R24 million as part of a R57 million share bonanza. This allocation highlights the company's executive compensation strategy, although further details on the distribution and implications of these shares were not provided.

Axxela Limited has appointed new non-executive board members, including Nzan Ogbe as Chairman, to enhance strategic oversight and improve corporate governance, according to Punch Business.