South Africa’s best economic start in a decade under threat.
By Adelaide Changole. The conflict in the Middle East could derail South Africa’s best economic start in a decade, as
Business
SA consumer mood extended upward trend before Iran war.
By Enzokuhle Sabela. Consumer sentiment in South Africa picked up to the highest level since 2024 in the first quarter,
Momentum puts Discovery in its sights to become biggest insurer.
By Adelaide Changole. Photo Credit: Tommy Jackson. Momentum Group is putting Discovery firmly in its sights as the company looks
Pepkor weighs plans to abandon a partnership with Investec.
By Janice Kew. Photo Credit: NovaGroup. Pepkor Holdings is weighing plans to abandon a possible partnership with Investec Bank and
Roger Jardine named Old Mutual chair designate.
By Lehlohonolo Lehana. Old Mutual Financial Services Group has named former FirstRand chair Roger Jardine as its chair designate in
MTN Group returns to profit, and declares surprise dividend.
By Loni Prinsloo. MTN Group rose the most in two months as Africa’s largest wireless carrier returned to profit, declared
Iran war risks weighing on rand, and forcing interest rate move.
By S’thembile Cele and Mpho Hlakudi. Prolonged higher oil prices could force the South African Reserve Bank (SARB) to consider
South Africa’s stocks set for a 10% correction as losses deepen.
By Khuleko Siwele,. South Africa’s stock benchmark has fallen 10% since peak in late February as investors pull away from
SA is back as reforms pay off says Tshabalala amid strong results.
By Adelaide Changole. South Africa’s push to revive key drivers of its economy such as power availability and logistics has
Woolworths names new CEO as Roy Bagattini retires.
By Nqobile Dludla. Woolworths Holdings said on Thursday that CEO Roy Bagattini would retire at the end of September after
FlySafair adds temporary fuel surcharge amid jet fuel price surge.
By Enzokuhle Sabela. South Africa’s largest airline, FlySafair, will raise fares to buffer against the steep increase in fuel costs
Absa targets African expansion as lenders seek growth beyond SA.
By Nqobile Dludla and Lehlohonolo Lehana. Absa Group is accelerating expansion across Africa as the region outside the bank’s home country