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...
The proposed R980 million Durban Amusement Park has secured project development funding approval from a development finance institution, moving eThekwini Municipality’s planned beachfront attraction c...
Quick-service and casual dining franchisor Famous Brands Limited delivered a 108% surge in free cash flow to R459 million for the six months ended 31 August 2026. This enabled the group to raise its ...
South Africa’s annual inflation rate rose less than expected in September, even after energy prices soared because of supply constraints caused by conflicts in Ukraine and the Middle East. Consumer pr...
A fatal shark attack on Tuesday off the coast of South Africa’s KuGompo (formerly East London), the southern coast city’s first in almost three decades, resulted in authorities closing two beaches. “A...
A fatal shark attack on Tuesday off the coast of South Africa’s KuGompo, the southern coast city’s first in almost three decades, resulted in authorities closing two beaches. “A shark attack occurred ...
South African Finance Minister Enoch Godongwana is poised to unveil a fiscal anchor to entrench progress made in repairing the nation’s public finances as the Iran war puts those gains to the test. In...
Oil edged higher as attacks on ships around the Strait of Hormuz threatened shipments, while US industry data pointed to another drop in stockpiles. Brent rose above $110 a barrel as Iran’s state-run ...
For years, retailers have spent fortunes on digital advertising, paying for clicks, views, and impressions without any guarantee of a sale. Now a Cape Town fintech is promising to turn that model on ...
Businesses invested heavily in solar power systems during the worst of load shedding to keep operating despite electricity shortages. These systems can still be of great value by delivering substantia...
The first step towards restoring the rule of law to Knoflokskraal has been achieved. Knoflokskraal is the name given to about 2 000 hectares of state-owned land near Grabouw in the Western Cape that h...
The first step towards restoring the rule of law to Knoflokskraal has been achieved. Knoflokskraal is the name given to about 2 000 hectares of state-owned land near Grabouw in the Western Cape that h...
South Africa’s telecommunications regulator is in the crosshairs of Cell C over the auctioning of new radio frequency spectrum to mobile operators for the first time in 17 years. Cell C has instituted...
There may be hopes and calls for government to reintroduce fuel price relief by reducing levies for a few months amid record diesel and petrol prices, but this may be problematic and send the wrong me...
A majority of private-capital firms in southern Africa expect business to be brisk next year and beyond as higher fundraising and more money from exits free up capital for new deals, a survey has show...
Roha Group, founded by American-born Brooks Washington, started out in Africa with a beer bottle factory in Ethiopia. It has since launched a pan-African data centre business and an equipment financi...
Redefine Properties has invested R106 million in a 7.014 MWp rooftop solar facility in Cape Town, using the City of Cape Town’s municipal electricity grid to supply renewable energy to three propertie...
JPMorgan Chase & Co deposited 50 billion naira ($38 million) with the Central Bank of Nigeria as it moves closer to securing a banking license in Africa’s most populous nation, according to people fam...
State-owned rail utility Transnet Freight Rail (TFR) has set a global freight rail record after successfully running a 696-wagon empty train along the Iron Ore Export Line from Saldanha to the Norther...
The hackers who recently infiltrated some of Japan’s biggest companies used an AI tool developed in China and linked to a rash of breaches at South Korean banks last month, according to a Tokyo-based ...
Ebola cases have stopped declining in Democratic Republic of Congo, with worsening transmission in North Kivu province eroding gains in the outbreak’s original epicentre. Weekly totals of confirmed in...
Brent oil fluctuated near a five-month high as traders weighed the risk of further Iranian attacks in the Strait of Hormuz against robust crude flows from the Persian Gulf. The global benchmark was ju...
Private family-owned Durban development group Shree Property Holdings has scooped up two prime sites in the South Durban Industrial Basin from Plascon and Tiger Brands, with plans to invest over R1.6 ...
Two of the three were living overseas, says Palesa Rammitlwa, spokesperson for the Department of Justice and Constitutional Development. Rammitlwa says the Master’s Office is committed to reducing the...
Talk around a fiscal anchor for South Africa has remained just that, and once again there is hope that Finance Minister Enoch Godongwana will put words into action when he delivers his Medium-Term Bud...
Nedbank has finalised its deal to buy 66% of NCBA, a full-service Tier 1 banking group based primarily in Kenya, with branches in Uganda, Tanzania, Rwanda and Côte d’Ivoire. Nedbank says the R13.9 bil...
Iran’s main oil-loading terminals have remained empty for weeks, adding to signs that a US naval blockade of the country is throttling Tehran’s exports. No tankers have docked at Kharg Island’s crude-...
Orion Minerals has secured the first $40 million (R658 million) required to commence development of its flagship Prieska Copper Zinc Mine (PCZM) in the Northern Cape. Work will start on the shallower ...
South African business sentiment steadied in September, underpinned by high precious-metal prices and a pickup in tourism and car sales, though inflationary pressures from high oil prices remain a con...
Lindt is on the search for a new chief executive officer as it revamps management to try to engineer a turnaround through one of the most challenging periods ever for the Swiss confectionary industry....
Lindt’s Chief Executive Officer Adalbert Lechner will leave the company with immediate effect, less than a month after the confectionery maker cut its guidance for a second time this year. Lechner led...
The violence that rocked France this weekend as cost-of-living protests degenerated into looting and burning nationwide is raising alert levels across Europe, where elections will be held in at least ...
Wheat rose after weekend strikes between Russia and Ukraine made any deal to restart exports from the two major producers increasingly unlikely. The most-active wheat contract in Chicago rose by as mu...
South Africa stands a good chance of regaining its investment-grade credit rating within two years and next week’s mid-term budget could take another step toward that goal, according to Investec Wealt...
Finance Minister Enoch Godongwana can approach Wednesday’s medium-term budget policy statement (MTBPS) with some relief, with economists estimating that tax collections could exceed expectation by bet...
When the government told Nomondo Mboyi, 67, three years ago that they would build her a new house after hers was destroyed in a storm, she didn’t bother waiting. She started building her own house, u...
Kayode Emmanuel was parked outside the biggest hotel in Nigeria’s capital, the Transcorp Hilton Abuja, waiting for ride requests on his Uber Technologies Inc app. When none came, he did what many Nige...
More than $3.5 trillion of AI infrastructure spending could be at risk of impairment by 2030 as the industry’s investment boom threatens to outpace the revenue required to justify it, according to an ...
About 12 million people voted for their municipal leaders on 1 November 2021, roughly 46% of registered voters. That was the lowest turnout in a local election since democracy. In most metro municipa...
Wits University will begin construction of its R341 million Cultural Precinct in Braamfontein on 1 January 2027, in partnership with Sabvest Capital Limited, a major investment in the arts that will c...