Motsepe-backed firm urged to sell South African fresh food unit.
By Ntando Thukwana. A South African antitrust regulator recommended that African Rainbow Capital, backed by billionaire Patrice Motsepe, divest from one
By Ntando Thukwana. A South African antitrust regulator recommended that African Rainbow Capital, backed by billionaire Patrice Motsepe, divest from one
By Monique Vanek. South Africa’s economy is set to forge an upward path this year after misfiring for more than a
By Tannur Anders. South African manufacturing activity fell for the second month in a row in December, a local purchasing
Business Reporter. The benchmark repo rate of the South African Reserve Bank (Sarb) is currently at 7.75%, but Bloomberg Economics forecasts
By Paul Burkhardt. Sasol Ltd.’s shares are poised for their worst annual performance on record as investors weigh plans by South
By Lehlohonolo Lehana. The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take
By Anthony Osae-Brown, Bloomberg. Access Bank Plc, Nigeria biggest lender by assets, raised 351 billion naira ($228 million) in a rights
By Suren Naidoo. Capitec Bank, SA’s fastest-growing JSE-listed bank, has been hit with a hefty financial penalty of R56.25 million
By Shaun Jacobs. Eskom has reported a R55 billion after-tax loss for the 2023/24 financial year, as the company continues
By Ntando Thukwana. A gauge measuring the level of South African confidence in government policy showed increased levels of uncertainty in
By Lehlohonolo Lehana. Telecommunications group MTN has announced a raft of changes to key leadership roles that will see Frédéric
By Adelaide Changole and Olivia Poh. Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250