The trend in the real estate market has shifted from business continuity to defining new workspace models and even reinventing the traditional office environment. While some industrial sectors were re...
A suspected "middleman" for Gupta-linked Trillian and Regiments Capital was apprehended at O.R. Tambo International Airport on Tuesday evening, the Investigating Directorate said in a statement. Spok...
However, formal sector jobs increased by 60 000 year-on-year (y/y) during the second quarter of 2021 i.e., June 2020 to June 2021. While part-time employment decreased by 59 000 (-5.6%) q/q from 1 050...
Inland fisheries have thus far been overlooked despite democratic era reforms. But this is about to change, says Minister of Forestry, Fisheries and the Environment Barbara Creecy. The approval by Ca...
The state-owned Industrial Development Corporation announced its latest financial results on Tuesday. It has managed to reduce its annual loss from R3.7 billion to R33 million year-on year. This is de...
Solidarity said SA Post Office employees will continue to receive their medical aid scheme benefits in October. MEDiPOS will sustain the employees' medical cover as long as the Council for Medical Sch...
South Africans' failure to break the restraint they exercised during the most financially challenging months of the Covid-19 pandemic could temper the nation’s economic growth prospects, according to ...
Numsa secretary general Irvin Jim said the union would hold national marches when an industry strike begins in October. He called on employer associations to come forward and negotiate for a settlemen...
OPEC expects oil demand to rise until 2045, though it says demand could fall in wealthier nations from 2023. The organisation believes oil will remain the dominant energy source despite climate change...
United Airlines has expanded its reach to southern African destinations like Madagascar, Mozambique and Victoria Falls after inking a code-share agreement with local carrier Airlink. The deal adds con...
SA could save around R100 billion by speeding up the closure of coal-fired power plants in return for cheap loans to fund a transition to cleaner energy, according to a study by consultancy Meridian E...
The UK government is facing calls for essential workers to be given priority at petrol pumps. The army has been put on standby as filling stations across the country deal with panic buying of fuel. Th...
Rosebank’s new Saxon Square on Oxford Road offers stylish eco-friendly living in Johannesburg’s most vibrant destination. Adding to their 42-years of success and growth, TriStar Construction, who is b...
Researchers at the Massachusetts Institute of Technology (MIT) are diving into the demographics of people that panic sell stocks during a market crash. Investors who are male, over the age of 45, marr...
Absa interim CEO Jason Quinn says the bank is up to meeting competition from young digital banks. He says consumers can expect more digital innovation and price competition from Absa. According to him...
South African Airways (SAA) and Kenya Airways (KQ) have signed a cooperation agreement with a long-term view to create a pan-African airline group, the two companies said on Tuesday. “It is not a merg...
Latest research by AEW, a global real estate investment manager, has highlighted the continued ‘risk off’ attitude since the start of the pandemic with zero loans recorded at loan-to-value (LTV) ratio...
PropTech venture building group, Castle One, has announced that HL Hall and Sons Holdings (‘Halls’) has made a significant investment in the company, with a view to unlocking new, synergistic value fo...
In its annual results for the year ended 30 June 2021, Adapt IT said its revenue had increased by 1% to R1.5 billion. The past few months have been eventful for Adapt IT, which saw its share price jum...
Ford and SK Innovation will spend some R172 billion on three battery factories and an assembly plant for electric bakkies in the US. Ford is investing heavily in electric vehicles, taking on Tesla and...
Zimbabwe’s central bank has ordered banks to freeze bank accounts for two years for 30 people it has accused of promoting and facilitating illegal foreign currency trading, it said on Tuesday. The sou...
Nedbank chair Vassi Naidoo died on Wednesday, the banking group has said. Naidoo had been on leave from his position at Nedbank since January, when the bank announced he was focusing on treatment he w...
A state crackdown on China's colossal property market has helped send one of its biggest developers to the brink of collapse. China's property market has been a critical part of the economy. China's h...
Naspers is considering making Covid-19 vaccines mandatory for South African staff after the country’s largest medical-scheme administrator took the step earlier this month. Africa’s largest company by...
Naspers is considering making Covid-19 vaccines mandatory for South African staff after the country’s largest medical-scheme administrator took the step earlier this month. Africa’s largest company by...
South African Airways and Kenya Airways are signing a memorandum of co-operation with the long-term goal of starting a pan-African airline group. The aim of the memorandum is to enhance the mutual gro...
In a recent matter concerning a maximum speed restriction for residents using the roads in the community, a member challenged the rights of the Homeowners’ Association (HOA) to implement rules related...
South African President Cyril Ramaphosa said on Tuesday that passing a time-bound, targeted TRIPS waiver on patents on Covid-19 products was urgent to save millions of lives during the pandemic. “This...
The law allowing the Information Regulator to enforce PAIA requests took effect in July. The South African National Roads Agency (Sanral) won’t release information on the 30-year contracts with toll r...
New data shows that the number of people employed in the formal, non-agricultural sector fell by 86 000 from the first to the second quarter, to around 9.57 million. But there were 60 000 more people ...
Zambia’s debt to Chinese public and private lenders is $6.6 billion, almost double the amount disclosed by the previous Zambian government, an analysis of loan data by the China Africa Research Initia...
Zimbabwe has been asked to settle a $70 million debt after it lost an international arbitration case over canceled nickel and platinum ventures between a private company and the state miner more than ...
Stocks and US index futures declined as investors reassessed valuations in the wake of a spike in Treasury yields. Oil headed for multiyear highs amid a global supply crunch. Contracts on the Nasdaq ...
South Africa recorded its first quarterly primary budget surplus since 2018 in the three months through June, a sign that the National Treasury’s efforts to bring spending in line with revenue are suc...
Zambian President Hakainde Hichilema named Denny Kalyalya as central bank governor, returning the highly-regarded economist to the job 13 months after his shock dismissal hit the nation’s currency and...
A fresh wave of lockdown restrictions following a resurgence in Covid-19 infections, increased currency fluctuations and political uncertainty have characterised 2021’s second quarter with economic re...
The battle over Sasol’s handling of climate change cranked up a notch after the group rejected a climate lobbying resolution filed by two of its shareholders. Aeon Investment Management and non-profit...
While a dollar lifted by rising Treasury yields pressured most EM currencies, Russia’s rouble firmed 0.5% as oil prices rose. More evidence of slowing growth in China and rising US Treasury yields fur...
Schroder European REIT has declared its third interim dividend of 1.85 eurocents per share for the period ending 30 September 2021, equating to a pre-Covid-19 dividend level. In a recent business upda...
Huge Group has abandoned its efforts to play a role in the future of Adapt IT. That much is clear after it emerged on Tuesday that it has sold the shares it acquired as part of its earlier aggressive...
Expo 2020 opens in Dubai on Friday, hoping to attract millions of visitors with its imaginative pavilions and technological advances. Ahead of the six-month event, here are five innovations that featu...
Global logistics company, DSV, has launched its new South African headquarters, DSV Park Gauteng, Africa’s largest integrated logistics centre big enough to house 302 Olympic sized swimming pools. Sit...
Brent closed at the highest in nearly three years amid signs the crude market is rapidly tightening from a global energy crunch. The global benchmark crude surged 1.8% on Monday, but met some resistan...
It was easy-money arbitrage fueled by this year’s meme stock mania. Some brokerages were essentially offering free cash, while others weren’t clawing any of the funds back for the second leg of the w...
Warren Buffett says a key pillar of investment decisions rests on the most profitable combination of probabilities. With this in mind, Schalk Louw explores the probability of a US stock market crash....
Google hit back in court against the EU on Monday as it appealed against a record fine levied by the bloc for monopolistic practices with its Android operating system on mobile devices. The 4.3 billio...
Smoked catfish is a local delicacy enjoyed throughout many countries in West Africa, especially in Nigeria. It is usually prepared by drying the fish over a wood fire on the side of the road. However...
Nobody knew what to expect ahead of Black Friday 2020, but 12 months on, it's clear local companies have woken up to the power of online sales. However, as Black Friday 2021 approaches, digital marke...
The African Development Bank (AfDB) has approved a $116m loan for the Tanzanian government to upgrade the 160km Mnivata-Newala-Masasi road corridor in the southern part of the country. The loan repre...