Business

By Lehlohonolo Lehana. Photo Credit: Moeletsi Mabe. Exxaro Resources Limited has appointed former Lonmin boss Ben Magara as new Chief […]

By Adelaide Changole. Standard Bank Group’s profit grew at the slowest pace since 2020 as Africa’s biggest lender by assets felt

By Adelaide Changole and Jennifer Zabasajja. The chief of South Africa’s third-biggest lender said policymakers need to use Wednesday’s budget

By Adelaide Changole. Absa Group reported profit that exceeded analysts’ forecasts as South Africa, the lender’s home market, recovers from years

By S’thembile Cele and Ntando Thukwana. Cabinet will back a value-added tax increase in exchange for a commitment from the

By Adelaide Changole, Bloomberg. FirstRand’s profit rose 10% as South Africa’s biggest lender by market value boosted loans in its home

By Lehlohonolo Lehana. The latest annual 1Life Insurance Generational Wealth Survey reveals that the majority of South Africans are struggling

By Schalk Burger. The Absa Purchasing Managers’ Index (PMI) declined slightly by 0.6 points to 44.7 points in February, remaining

By Lehlohonolo Lehana. Cabinet has approved Professor John Lamola’s permanent appointment as the group chief executive officer of South African

By Ntando Thukwana. South African inflation accelerated after the statistics office revised the data used to calculate household expenditure, giving policymakers

By William Clowes. Sibanye Stillwater’s full-year loss narrowed after higher gold prices offset low palladium rates that weighed on the

Business Reporter. (News24 and Reuters) – Early on Friday morning, the rand reached R18.32/$, wiping out all losses triggered by