According to The Citizen Business, South Africa has lost 80,000 formal sector jobs over a three-month period, which may be attributed to companies retrenching and shutting down. This significant decline in employment raises concerns about the economic stability in the region.

South African mall owner Hyprop says it does not expect TFG store closures at its shopping centres, with the retail group's brands reportedly trading well and growing turnover. According to Moneyweb, Hyprop's comments suggest the landlord remains confident about the performance of TFG outlets across its mall portfolio, easing concerns about potential tenant exits.

The High Court has halted the liquidation of the Kenya Union of Savings and Credit Co-operatives (KUSCCO) following a legal challenge. The case was filed by RUPSA NWDT Sacco Society Limited, which said it lost Sh108.8 million after the union's collapse. According to Capital FM Business, the court's decision comes amid opposition to the liquidation process, temporarily stopping proceedings while the dispute is considered.

Sun International has started a formal retrenchment process affecting employees at casinos it describes as underperforming, according to IOL. The group said the step is part of efforts to reduce costs and improve profitability. The announcement signals potential job losses across affected properties, though the title and blurb provide no figures on how many workers or locations are involved, nor details on timing, consultations, severance terms, or the expected financial impact.

Leaders of Cosatu, Africa's largest labour federation, have blamed foreign resource extraction and weak local beneficiation for economic hardship and migration across the continent. According to IOL, the federation also expressed support for calls for reparations linked to slavery and colonialism, framing predatory Western capital as a driver of Africa's economic challenges.

Uber shut down its operations in Nigeria and Uganda on the same day it informed staff it was cutting 3,300 jobs to fund its shift toward driverless vehicles, according to Techpoint Africa. The report says the exits halve Uber's operational footprint across Africa. The job reductions and market withdrawals are presented as part of the company's strategy to redirect resources toward autonomous driving technology, marking a significant restructuring of its global business.