Supermarkets across Europe were hit by suspected cyberattacks that resulted in sudden changes in the temperatures of their fridges and freezers on Monday, weeks after a similar but more widespread iss...
JSE-listed real estate investment trust (Reit) Attacq Limited has appointed Muhammad Paruk as its chief investment officer (CIO) and member of its executive committee, effective November 2026. Attacq ...
Ray-Ban heir Leonardo Maria Del Vecchio launched a bid reportedly valued at €29.6 billion ($33 billion) for the family holding, adding the latest twist to the battle over a vast fortune that’s also dr...
South African manufacturing sentiment remained downbeat for a fifth straight month as purchasing-price pressures intensified and expectations about future business conditions deteriorated. Absa Group’...
The Road Accident Fund (RAF) will proceed with the implementation of Waseem Carrim’s appointment as chief executive officer after the Gauteng Division of the High Court in Pretoria struck an urgent ap...
Redefine Properties – South Africa’s second largest locally-listed real estate counter with over R100 billion in assets in SA and Poland – is guiding for up to 5% growth in distributable income per sh...
Oil declined following a report that US President Donald Trump wants to give diplomacy with Iran more time before any move to resume strikes. Benchmark Brent futures fell about 3%, erasing Friday’s ga...
South Africa’s nationwide municipal elections on Wednesday hold few fears for investors, if market indicators are anything to go by. But shifts in broad support for the major political parties could ...
Matthew Parks, the parliamentary coordinator for the Congress of South African Trade Unions (Cosatu), has been traveling to the US a lot lately, as part of his efforts to lobby for South Africa’s cont...
The 2026 local government elections are turning into even bigger games of musical chairs than in previous years. The Electoral Commission of SA, which still goes by its old abbreviation of IEC, announ...
Concor, which is now 100% owned by the Government Employees Pension Fund (GEPF) and the Unemployment Insurance Fund (UIF), is in financial distress and has entered into voluntary business rescue proce...
From Brixton to Kensington, Melville to Parktown, Ormonde to Midrand, residents took to the streets a week before the 2026 local government elections to vent their frustration over years of ongoing pr...
An investment of about $11.4 billion is required over the coming four years to connect hundreds of millions of people to reliable off-grid solar electricity, according to study done by the World Bank ...
The current global economic situation is confusing. On the one hand, it’s characterised by inflation, and food and other critical supply shortages caused by the wars in Ukraine and the Gulf states. ...
A trio of mega artificial intelligence financing deals announced Monday morning had one name in common: Goldman Sachs Group. Those big deals, totalling at least $210 billion, are a boon for Goldman, w...
The United Nations gave Bangladesh and Nepal three more years before they leave the Least Developed Nation category, allowing them to retain trade and financing benefits as both economies face pressur...
Taiwan’s stock benchmark is on the verge of entering into a technical correction as the global selloff in artificial intelligence stocks deepens. The Taiex Index fell as much as 3.5% on Friday to its ...
President Donald Trump cancelled appearances in Kansas and Iowa for the closing days of the midterm election season, and will instead hold “a large number of tele-rallies,” the Republican National Com...
African Export-Import Bank is planning a $1 billion syndicated loan that could include an offshore yuan tranche, according to people familiar with the matter, in what would be its first foray into the...
Oil rose on signs the US may resume military strikes against Iran, risking fresh turbulence in the region that may hurt energy flows. Brent futures for December, which expire later on Friday, climbed ...
South Africa’s central bank chief says its models suggest the current policy approach will be able to bring inflation down to its 3% goal after the initial shocks triggered by the ongoing conflict in ...
The South African Local Government Association (Salga) has proposed an 80% increase in the equitable share municipalities get from government. This would increase local government’s share of the natio...
Claims of misconduct have emerged at Rand Mutual Assurance (RMA) after an independent report and whistleblower claims have gone unanswered. RMA administers workers’ compensation for employees in the ...
Minister of Trade, Industry and Competition Parks Tau says South Africa has made “generous offers” to the US in a bid to continue its trade relationship with the world’s largest economy under the Afri...
FirstRand has again reduced the short-term incentives awarded to its executive directors for the negative impact on the group of the “UK motor commission matter”. The final details of the redress sche...
President Christine Lagarde announced she’ll leave the European Central Bank in early 2027, intensifying the struggle to replace one of the world’s most powerful monetary policymakers. Lagarde will st...
The City of Tshwane has confirmed to The Citizen that the South African Revenue Service (Sars) executed a search warrant to raid the home of City of Tshwane chief financial officer (CFO) Gareth Mnisi....
Genomic sequencing has linked Ebola cases detected in Kenya and Nigeria to the same transmission chain and to viruses circulating in eastern Democratic Republic of Congo, while leaving open the possib...
Oil dropped as traders assessed fresh diplomatic efforts in the Middle East to avert a potential restart of US military strikes on Iran. Brent fell below $114 a barrel after rising by more than 1% in ...
Sandton-headquartered Harith Aviation secured final approval from the Competition Tribunal to proceed with its 100% acquisition of FlySafair, the group confirmed on Thursday morning. “Harith Aviation ...
Anheuser-Busch InBev’s volumes missed analyst estimates last quarter as sluggish sales of beer and weak demand in China offset growth elsewhere at the world’s biggest brewer. The maker of Stella Artoi...
Absa Group has opened a new office in Dubai as South Africa’s third-biggest lender looks to further diversify its business and tap the growing trade and investment between the Middle East and the cont...
The South African Reserve Bank and financial institutions are preparing a backup plan in case legislation needed for the switch to a new rand benchmark interest rate isn’t passed by the end of the yea...
US Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation, but without offering a clear signal they might raise rates at their next meeting in ...
Bahari Bay, a R3 billion residential development in Shelly Beach on KwaZulu-Natal’s (KZN) South Coast, has sold more than 100 residential plots, attracting buyers from across South Africa and internat...
The International Monetary Fund said South Africa is restoring fiscal credibility despite geopolitical risks, but needs to deliver faster economic reforms to lift investment and growth. Africa’s large...
Russian President Vladimir Putin will host dozens of African leaders in Moscow as the Kremlin seeks to deepen ties with a continent that has taken on greater strategic importance for Russia since its ...
Oil rose on a report the US may resume military strikes on Iran after next week’s midterms, and as traders tracked a tight Israeli election. Brent climbed toward $116 a barrel after a two-day drop, wh...
Global hotels and leisure giant Marriott International has officially opened The Cape Town Edition. The opening which took place at the V&A Waterfront on Tuesday marks the debut of the Edition brand ...
Morocco has overtaken South Africa in the latest Rand Merchant Bank (RMB) Where to Invest in Africa report, but its authors warn that investors should look beyond the rankings when deciding where to a...