Business

By Lehlohonolo Lehana. South African Reserve Bank (SARB) paused its rate-cutting cycle on Thursday, as risks stemming from U.S. global

By Monique Vanek. South Africa’s inflation rate flatlined on the eve of a widely expected interest-rate pause. The consumer-price index

By Adelaide Changole. The head of Old Mutual is going back to business school as he looks to change gears

By Adelaide Changole, Bloomberg. Old Mutual Group reported its highest profit since 2019, buoyed by rising demand for its short-term

By Loni Prinsloo. MTN Group beat dividend estimates, even after Africa’s biggest wireless company by revenue posted a record loss

By Ntando Thukwana, Bloomberg. A key gauge of South African inflation expectations rose slightly, providing central bankers with another reason

By Lehlohonolo Lehana. Absa Group has named former Standard Bank deputy CEO Kenny Fihla, who tendered his resignation on Sunday

By Ana Monteiro. ArcelorMittal South Africa is seeking a R3.1 billion rescue package to stave off the closure of crucial

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