JSE-listed automotive supplier group Metair’s shares plunged over 35% on Friday, after the company warned it may have to invoke ‘force majeure’ provisions in its supply contracts due to delays at Durb...
Rompco, a gas pipeline company that transports South Africa’s only supply of the fuel from Mozambique, expects to conclude an agreement by January for a new liquefied natural gas terminal, its chief e...
New legislation designed to overhaul how financial institutions are regulated in South Africa will soon be tabled to lawmakers, following months of procedural delays. In development since 2018, the ne...
Turnaround specialist Phil Roux, who has declined a position on the Spar board, said he believes “Spar has tremendous value to be unlocked”. Roux told Moneyweb it would be unprofessional to give reaso...
Anthropic PBC’s initial public offering has drawn about six times the orders for the shares available, according to people familiar with the matter, as interest increases for potentially the biggest f...
Microsoft is struggling to restore access to some of its flagship software more than nine hours after an outage began, leaving users unable to use email and chat services in one of the tech giant’s mo...
Oil held gains after President Donald Trump said the US could forgo a deal with Iran, dimming prospects for a breakthrough to end the war that has roiled Middle East supplies. Brent traded below $96 a...
Grindrod’s successful train test under South Africa’s new open-access rail framework offers tangible reason to believe in what this country can achieve when government and business work toward common ...
Moody’s Ratings has withdrawn African Bank’s ratings, as of Thursday. This was confirmed by the New York-based rating agency in a statement. The withdrawal includes the South African lender’s Ba2/NP l...
Discovery Invest has launched the Family Wealth Consolidator, which aggregates investments across a family, such as a husband and wife, increasing assets under management and thus lowering fees. The d...
Brazil’s government unveiled a package of measures meant to shore up public finances and ease investor concerns about rising public debt, as President Luiz Inácio Lula da Silva aims to alleviate fisca...
Nvidia shares sank in extended trading Wednesday as investors grappled with the possibility of the company without Chief Executive Officer Jensen Huang at the helm. The stock fell as much as 10% in po...
Nvidia’s leadership turmoil is boosting potential beneficiaries, with Advanced Micro Devices, Broadcom and Alphabet gaining after hours on bets they may win business from the chip giant. AMD and Broad...
Ebola remains out of control in the Democratic Republic of Congo six months after the outbreak was declared, with frontline workers going unpaid and health facilities lacking basic supplies despite hu...
Global asset manager Ninety One has launched two more actively managed exchange-traded funds (AMETFs), bringing its offering to four and the total number of these products listed on the JSE to just ov...
Nvidia Corp’s stock sank in extended trading Wednesday as investors grappled with the possibility of the company without CEO Jensen Huang at the helm. Its shares tumbled 10% in late trading overnight....
Nvidia Corp’s board is meeting to discuss the fate of Chief Executive Officer Jensen Huang, who admitted to having an affair with a woman that US officials reportedly believe to be a Chinese spy, acco...
Enza Capital is targeting as much as $80 million in a fund that the pan-African venture firm will invest in artificial intelligence projects as the continent lags behind other regions in funds deploye...
Wall Street sentiment toward Nvidia is starting to crack, as an investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy is sowing doubt over the the artificial int...
Brazil’s President Luiz Inácio Lula da Silva urged fellow world leaders to move more aggressively to combat climate change, warning countries have become complacent on global warming as other risks es...
Zimbabwe wants securities listed on its dollar-only stock exchange to be added to the MSCI Frontier Markets Index as it seeks to draw international investors and boost liquidity. The Victoria Falls St...
With the rise of AI, there has been much discussion about which jobs are safe from automation. Plumbing is often cited as one that is unlikely to be replaced by Claude or Gemini any time soon. It is...
President Cyril Ramaphosa has approved salary increases of 3.5% for ministers, deputy ministers, and members of Parliament for the 2026/27 financial year, effective from 1 April 2026, following recomm...
Chinese auto manufacturer Chery South Africa recalled thousands of vehicles to check for potential faults, and the nation’s consumer watchdog said it’s launched an investigation into the company. Read...
Australian retailer David Jones will close half its department stores by the end of the year in an overhaul aimed at saving the business. The 19 stores earmarked for closure will leave a swathe of emp...
South African authorities are raising concerns over new foot-and-mouth disease cases threatening the country’s livestock and game industries, as cattle farmers continue to reel from one of the worst o...