Surging oil prices and the AI boom are widening a currency-market divide, deepening losses across most emerging Asian currencies while providing a buffer for others, such as the Korean won. The Philip...
Oil declined for a second day — pulling further back from a six-month high — as stepped-up diplomatic efforts strengthened expectations that a broader escalation in the US-Iran war may be averted. Bre...
Fitch Ratings expects South Africa’s debt as a percentage of GDP to start rising again in the year to March 2029 mainly due to weak economic growth, challenging National Treasury and Moody’s Ratings’ ...
Poland’s railway industry is positioning itself for a bigger international role, with Africa emerging as a potential growth market for manufacturers of rolling stock, traction systems and railway tech...
Retailer Pick n Pay will continue to trim space across its store estate after a reset plan saw it shut dozens of loss-making stores in the last three years. It will do this as leases come up for renew...
Most investors will quickly correlate the strong recovery in Sasol’s share price – from less than R60 in April 2025 to current levels of around R300 – with the sharp increase in oil prices. It is corr...
The Minister of Finance presented the Medium-Term Budget Policy Statement (MTBPS) in parliament last week, which showed just how far we have travelled along the path of restoring the health of our pub...
South Africa’s blood stocks have fallen to 3.9 days’ cover, below the five-day minimum target, prompting the South African National Blood Service (SANBS) to appeal for more donations as collections fa...
Elon Musk said SpaceX has closed a $40 billion debt deal to pay for the chips it needs to fuel its artificial intelligence ambitions. People familiar with the discussions, though, told Bloomberg News...
Venezuelan opposition leader María Corina Machado arrived in Caracas Sunday night, capping a daylong journey through five states that drew crowds of supporters and raised expectations for a return to ...
President Donald Trump said it’s “getting to be decision time” on whether he will make a deal with Tehran or resume attacks as Iranian and Houthi threats against Americans in the Middle East continue ...
Pick n Pay narrowed its loss in the half-year to 30 August by 56.3% to R139 million, with minimal growth in volume in Pick n Pay sales as the group struggles to turn the loss-making retailer around. T...
Japan’s government said it will convene a ministerial meeting on Monday to address cyber threats as a growing number of data breaches expose the nation’s online vulnerabilities. “Due to a number of cy...
Emerging-market stocks started the week lower as investors awaited earnings from some of the world’s biggest technology companies for clues on whether the artificial intelligence trade can recover fro...
Oil retreated as the US and Iran stuck to familiar rhetoric in their conflict, and a technical gauge pointed to overbought conditions. Brent fell below $115 a barrel after surging to a six-month high ...
JPMorgan Chase & Co’s private bank is using artificial intelligence (AI) to onboard clients, for investment research and other tasks in an effort to increase productivity among its wealth advisors. Th...
Triggered by comments made by Famous Brands CEO Darren Hele during the company’s results call, and the subsequent reaction on X, a closer look at South Africa’s shopping centre sector reveals some int...
The High Court in Johannesburg has reaffirmed that residential estates and communities may not charge or impose a fee on estate agents who wish to market or sell property within such communities. The ...
There’s an estimated R5 trillion in offshore portfolio assets that South Africans have accumulated over the decades, with most of the management fees going to offshore players. Some estimates put the...
South African Airways (SAA) is paying staff salaries in stages rather than in full on the usual payday as its financial pressures mount. The state-owned airline says it has faced a cash crunch in rece...
Matriculants at Eyabantu Senior Secondary School in KwaMaqoma (Fort Beaufort) in the Eastern Cape were hoping to write their exams in new classrooms they have been promised since 2019. But the school...
Finance minister Enoch Godongwana announced on Wednesday that the government will spend just under R290 billion on social grants this financial year. 20 years ago, when Sassa began operating, governme...
There’s a striking moment near the end of Musk, a new documentary by Oscar-winning filmmaker Alex Gibney, when the world’s richest man is asked why he considers it important to develop X into what he ...
Coca-Cola Co took a $5 billion swing at the coffee market and whiffed. The acquisition of Costa Coffee, often referred to as the “Starbucks of the UK,” was former Coke chief executive officer James Qu...
BluEnergy as part of JSE-listed Blu Label Unlimited has started construction on a R360 million solar project at the Springs Fresh Produce Market in Ekurhuleni, with the independent power producer (IPP...
Pick n Pay says it expects its half-year losses to decline by at least 25% following an improvement in the group’s trading profit. At most, it projects losses would narrow by 35%. This is again mostl...
The Department of Health has been ordered to reconsider the companies awarded “one of the largest and most significant tenders of its kind”. Tenofovir, lamivudine and dolutegravir are arguably the thr...
South African Revenue Service (Sars) Commissioner Dr Johnstone Makhubu says more than 100 cases involving people mentioned in commissions of inquiry – including the Madlanga Commission – have already ...
Some of South Africa’s top business leaders believe there is still more room to lobby the private sector for increased investment in continued efforts to grow the country’s anaemic economy – and avert...
Zwakele Mncwango is ActionSA’s mayoral candidate for the eThekwini Metro in the 2026 local government elections and the party’s provincial chairperson in KwaZulu-Natal (KZN). Born in Nongoma in northe...
The high cost of paying South Africa’s 1.3 million public servants has been blamed for government’s ballooning spending and the country’s credit-rating downgrades, while crowding out its ability to fu...
Discovery Bank CEO Hylton Kallner has received total remuneration for its 2026 financial year that once again tops that of Group CEO Adrian Gore. Kallner’s total remuneration was R51.3 million for the...
Retail group Clicks grew profits by 2.6% to R3.33 billion in the year ended August 2026, a period marked by intense competition as retailers offered aggressive promotions and discounts to attract cons...
Performance by mining and materials company Afrimat took a massive knock in the first half of the 2027 financial year, with the six months through 31 August proving to be the worst trading conditions ...
Gold fell as a flareup in Middle East hostilities raised inflation risks days before the Federal Reserve meets to decide on the path for interest rates. Bullion slumped as much as 1.2% to below $4 100...
It’s not news that print media has been decimated by online publishing, but the scale of print’s face-plant is what is surprising. With that have come shrinking newsrooms and justifiable concerns abou...
Chery Group will manufacture the new Omoda C4 at its Rosslyn plant in Gauteng, making it the Chinese automotive group’s first model to be built in SA as it prepares to expand local production and deve...
South Africa’s biggest development-finance institution reached an initial agreement with ArcelorMittal SA to take over the steel giant’s South African unit in a deal worth about R10 billion, people fa...
German Chancellor Friedrich Merz urged US President Donald Trump to reconsider his decision not to invite South Africa to the Group of 20 in Miami in December. “Africa belongs at the table,” Merz said...
South Africa lifted its borrowing requirement in the current fiscal year by R54.2 billion, mainly to finance a domestic bond buyback program designed to smooth out redemptions. The National Treasury e...
JSE-listed private education provider Advtech has acquired a 25% stake in education technology company MathU, securing a seat on its board and exclusive rights to current and future AI-enhanced educat...