Australia’s oldest department store David Jones, previously owned by SA’s Woolworths, collapsed on Thursday, finally succumbing after almost 200 years as the digital era drove shoppers to cheaper and ...
The African National Congress, South Africa’s biggest political party, appears to have haemorrhaged support in Wednesday’s municipal elections, modelling based on the early results shows. The ANC is o...
The JSE All Share Index (Alsi) surged as much as 5% on Thursday morning, buoyed by higher gold prices and a drop in oil prices. At the same time, Sasol slid 11.26%, hitting R238.25 at 10:05am on Thurs...
South Africa’s debt-to-gross domestic product ratio was revised sharply lower, the National Treasury said, after a regular exercise to update the data showed the economy was 5.3% larger last year than...
Plc said first-half profit climbed 36% after losses at the Ethiopian operation of Kenya’s biggest company by market value narrowed. Group net income rose to 58.2 billion shillings ($447.9 million) in ...
Brent oil pushed lower after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle Ea...
“What about the informal sector?”. asks Old Mutual Consulting actuary and pensions expert Stephen Walker when talking about retirement fund reform. He says it is well known that people in South Africa...
The price of brent crude plunged around 10% over the past 24 hours, following President Donald Trump and the Republican Party’s massive loss in the US midterm elections on Wednesday, which has sparked...
US Vice President JD Vance said voter frustration over the war in Iran and the US-Israel relationship doomed Republicans in the midterm elections, distancing himself from some of President Donald Trum...
South African political parties that have presided over crumbling infrastructure and a collapse in electricity and water provision face a reckoning in Wednesday’s municipal elections. Voting began at ...
Democrats won control of both chambers of the US Congress in a midterm election landslide that amounted to a rejection of President Donald Trump following widespread voter discontent with the economy ...
Global fashion retailer H&M has reached a milestone of 30 stores in South Africa following the launch of its new location at Paarl Mall in the Western Cape. The 1 831-square-metre store began trading ...
Whatever you want to buy, there’s a good chance you’ll find it in Musina, Limpopo. The town centre is abuzz from early in the morning with travellers, traders and smugglers. The myriad shops selling...
At last count in May 2026, Independent Electoral Commission (IEC) officials informed parliament that they had budgeted about R3.2 billion for the current fiscal year – money that would form part of th...
Its comments on Tuesday came after the US confirmed on Monday evening that it plans to remove SA from Agoa, claiming that SA is undermining US national security and creating barriers to US investment ...
The chief executive of Combined Motor Holdings (CMH), Jebb McIntosh, died on Monday, 2 November. The group, which owns multiple car dealerships and First Car Rental, announced his passing in a JSE sta...
South Africa’s new-vehicle sales rose 10.4% year on year to 61 890 units in October, keeping the market on course to surpass 600 000 sales this year. Passenger-car demand and rental purchases supporte...
Minister of Trade, Industry and Competition Parks Tau has been ordered to go back to the drawing board and reconsider the bids for the fourth lottery licence, which he awarded to Sizekhaya Holdings in...
The Trump administration’s decision to exclude South Africa from the African Growth and Opportunity Act will have a “minimal impact” on the economy as a whole, according to business leaders and econom...
Brazil’s farming sector was already battling record breaking defaults. Last week’s election results only deepen the gloom for growers hoping for a swift turnaround for one of the nation’s most import...
Standard Bank is the latest major financial institution to join Growthpoint Properties’ renewable energy certificate programme, using certified green energy to reduce emissions at 21 branches. Standar...
Democratic Party groups lost a bid to temporarily block the Trump administration from pressuring states to set aside mail-in ballots of people the US claims are likely non-citizens, a significant win ...
Brent oil steadied after plunging almost 8% in the previous session, with the US and Iran signalling a willingness to pursue peace talks as the war in the Middle East enters its ninth month. The globa...
GoTyme Bank is stepping up its challenge of Capitec as it seeks to become South Africa’s biggest lender by customers in the next decade. It became Africa’s first profitable standalone digital bank thi...
Investors in South African equities face an early test of their new power to cast binding votes over pay when Shoprite Holdings asks shareholders to approve another multimillion-rand incentive plan fo...
This week, voters across the country will finally get a chance to decide who will run their local governments over the next five years. The 2026 local government elections are expected to cement the ...
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...