Business

By Lehlohonolo Lehana. Old Mutual announced on Monday that Prabashini Moodley has been appointed as its CEO of a newly configured Life &

By Amanda Visser. Its 2014 acquisition of Australian department store David Jones has been labelled a “R20 billion blunder”, but

By Lehlohonolo Lehana. Global investment manager Ninety One has appointed Horatius Maluleka as its new Chief Investment Officer (CIO) for

By Mark Burton, Bloomberg. @GettyImages. Glencore Plc plans to buy back up to $1 billion of its shares following the

By Adelaide Changole, Bloomberg. Absa Group’s new head is aiming to turn the bank’s retail unit into the biggest in

By Sfundo Parakozov. A gauge of South African manufacturing sentiment showed signs of improvement in June, reaching its second-highest level

By Ntando Thukwana. South African Reserve Bank (SARB) Governor Lesetja Kganyago reinforced his argument for adopting a lower inflation target,

By Adelaide Changole, Bloomberg. Absa Mauritius plans to nearly quadruple funding for green projects by 2030 to support the island

By Bianke Neethling. The first half of Absa’s 2025 financial year will show a strong performance for the bank, which

By Zinhle Xaba, Bloomberg . South Africans real take-home pay declined by 1.1% in May from the previous month, according

By Lehlohonolo Lehana. Dis-Chem founder Ivan Saltzman has distributed the lion’s share of his equity in the group to two

By Alex Longley and Yongchang Chin, Bloomberg. The oil market has been wrestling for days with Donald Trump’s next act