Challenging stock market conditions resulted in a 74% drop in performance fees at PSG Asset Management, as financial services group PSG Financial Services reported 5% growth in headline earnings in it...
Executive pay of CEOs increased 9% to R23.1 million in 2026, while short-term bonuses increased 42%, and long-term incentives increased 67%. In PwC’s 19th Directors Remuneration and Trends Report, the...
Luxury giant Richemont and US retailer Signet Jewelers are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter. The ...
Taiwan Semiconductor Manufacturing delivered a better-than-expected revenue outlook, sustaining torrid growth in defiance of rising concerns about the sustainability of a global AI buildout. The globa...
The Constitutional Court ruled in favor of the African National Congress in a dispute over candidates excluded from next month’s municipal elections, a judgment that may force the electoral commission...
Mauritius was calm on Thursday following unrest earlier in the week, the police said. “All the island’s roads are passable and free of any obstructions,” the police said in a statement on Thursday tha...
The thick haze blanketing Singapore as wildfires rage in neighbouring Indonesia is driving a surge in demand for air purifiers and face masks. Several models of air purifiers from brands including Xia...
The smartphone market suffered its worst decline on record in the September quarter, after rising memory costs pushed shipments down 22% with worse to come, according to market researcher IDC. The hig...
Anthropic PBC’s third-quarter results may strengthen the case for its expected initial public offering, though they are unlikely to dispel doubts over the global AI trade, according to some investors ...
The proportion of contributing members of Alexforbes-administered retirement funds who are projected to retire with an income of at least 75% of their final salary rose from 6% in 2021 to 10% in 2025,...
Retailer Clicks has overhauled its ClubCard proposition with instant 10% savings on more than 2 500 health, beauty and wellness products. The move follows rival Dis-Chem’s relaunch of its loyalty prog...
South Africa’s tax system is ill-suited to an economy trapped in low growth. Its complexity drives up compliance costs and creates unnecessary obstacles for businesses. While a broad tax mix gives go...
It’s been a week from hell for JSE bitcoin pioneer Africa Bitcoin Corporation (ABC), with the latest missile coming in the form of a fresh investigation being launched by the Financial Sector Conduct ...
A company linked to South African billionaire Patrice Motsepe said a Tanzanian court has struck out a long-running case brought by Pula Group LLC against him and affiliated firms, in which Pula sought...
Botswana got selected as the host venue for the southern African portion of the initial public offering of the continent’s largest oil refinery, giving the relatively small market a key role in the re...
President Donald Trump said Taiwan had agreed to buy 30% of the liquefied natural gas from a planned project in Alaska over the next 20 years, touting the initiative ahead of US midterm elections. Tru...
Advtech, owner of private school brands including Crawford International, Trinityhouse and Pinnacle, has acquired the St George’s School property in Gqeberha in order to establish the first Eastern Ca...
Many of Britain’s large businesses are ready to replace staff with artificial intelligence over the next year, according to a prominent survey of chief financial officers. Deloitte said Wednesday that...
A federal judge said journalists with CNN, MS NOW and Politico can continue to have access to the White House while their lawsuit against the Trump administration proceeds. US District Judge Timothy J...
China’s state-run refiners are set for a months-long effort to replenish oil stockpiles, according to Eurasia Group, after tapping reserves to cushion the impact of elevated prices stemming from the U...
Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, targeting several cities, as oil giant Saudi Aramco’s headquarters in the east of the kingdom was hit. A limited fire erupte...
South Africa is heading in the right direction for its first credit-rating upgrade by Moody’s Ratings since 2009, provided the country’s fiscal performance continues to improve. The agency, which rate...
Oil climbed as a flare-up in attacks in the Middle East increased uncertainty over a recovery in Persian Gulf energy flows. Brent rose toward $107 a barrel after falling 0.9% on Tuesday, while West Te...
Doctors diagnosed Pope Leo XIV with lung cancer and removed the lower lobe of his right lung during surgery, the Holy See said. The operation at Rome’s Gemelli hospital followed the earlier discovery ...
Allan Gray, which oversees $29 billion in assets, favours Nigerian stocks over South Korean equities, as they offer a diversification play from the artificial-intelligence frenzy that has swept market...
On Tuesday, commuter activist group #UniteBehind hand-delivered an affidavit to the National Prosecuting Authority (NPA) offices in Cape Town. It wants the NPA to investigate, subpoena and prosecute p...
Gaming, hotels and resorts operator Sun International is attempting to get ahead of looming regulatory pressure by seizing a leadership position within the industry. It has launched its Group Responsi...
The proposal by the financially-distressed Road Accident Fund (RAF) to National Treasury for a 33.3% increase in the RAF levy in the fuel price to R3 a litre is dead in the water – and that is accordi...
Eskom’s new baby, on which it pins its hope to remain relevant in a changing electricity supply industry, is moving forward at pace, with two announcements in the last few days regarding 6 000MW of ut...
Brett Herron is a lawyer, former Cape Town councillor and now the GOOD Party’s mayoral candidate for the 2026 local government elections. His political experience runs deep inside the city he wants to...
Former South African President Jacob Zuma remains in the hospital, according to a statement from his family foundation, contradicting an earlier news report that he’d been discharged. The Jacob G Zuma...
Botswana and a group leading the race to buy De Beers are near an agreement on their future ownership stakes in the diamond miner, potentially paving the way for Anglo American Plc to finally exit the...
Formula 1 will return to Africa, with the first race scheduled to take place in Rwanda in the early 2030s. The East African nation will host the Formula 1 African Grand Prix under a 10-year agreement,...
Mauritius, an Indian-ocean island nation best known for its white-sand beach resorts, has been rocked by its worst riots since 1999. Demonstrations that erupted last week over water shortages and livi...
Mauritius, an Indian-ocean island nation best known for its white-sand beach resorts, has been rocked by its worst riots since 1999. Demonstrations that erupted last week over water shortages and livi...
Indian Prime Minister Narendra Modi positioned India as a reliable partner in an increasingly uncertain world, warning that the supply chains, trade and technologies that once connected countries are ...
Treasuries advanced as trading resumed after a long weekend, with a selloff in global equities fuelling demand for haven assets. The 10-year US yield slid as much as 5 basis points to about 5.19% on T...
The US-led global order “is over” and the world has entered a period of heightened geopolitical uncertainty, former UK Prime Minister Rishi Sunak said Tuesday. President Donald Trump is “not a cause o...
LVMH Moët Hennessy Louis Vuitton SE offered a closer look at the deepening Chinese luxury slump this week, revealing that sales on the mainland dropped by double digits in the third quarter while the ...
President Donald Trump dismissed concerns that Russia and China might be helping Iran in its war with the US, adding that the two countries would have “too much to lose” in aiding the Islamic Republic...
The International Monetary Fund said global growth should pick up next year with a boost from AI investment, but warned the world economy is nearing the limits of its resilience as the energy squeeze ...
Saudi Arabia intercepted more ballistic missiles launched by Yemen’s Houthis, a sign the confrontation with the Iran-backed militant group is far from subsiding. The Houthis targeted Riyadh and Khamis...