South Africa’s economy shrinks by 0.3% in the third quarter.
By Ntando Thukwana. South Africa’s economy unexpectedly contracted in the third quarter after the agriculture sector slumped the most in
Business
Marginal increases in fuel prices this December.
By Lehlohonolo Lehana. The Department of Minerals and Petroleum on Tuesday, has published the official fuel price adjustments that will
Absa PMI drops back into contractionary territory for November.
By Bhargav Acharya. South African manufacturing activity fell in November, a local purchasing managers’ index (PMI) survey showed, as volatile
Prosus swings to first-half profit as it sells tech-firm stakes.
By Loni Prinsloo. @Stock.adobe. Prosus reported a first-half profit as the technology investor with more than two billion customers worldwide sold
MTN extends CEO Ralph Mupita’s contract until 2030.
By Lehlohonolo Lehana. MTN Group on Friday announced that group Chief Executive (CEO) Ralph Mupita’s employment agreement has been extended
Reserve Bank warns poor infrastructure a major threat to SA’s financial system.
By Ntando Thukwana. South Africa’s central bank warned the country’s crumbling infrastructure, including its water systems and transport networks, pose
Boxer officially lists on the Johannesburg Stock Exchange.
By Lehlohonolo Lehana. Retailer Boxer, was on Thursday listed on the Johannesburg Stock Exchange (JSE) with the hopes of saving
Goldman’s upbeat South African inflation call outdoes Reserve Bank’s view.
By Ntando Thukwana and S’thembile Cele. Goldman Sachs Group is making a contrarian case for a steep slowdown in South Africa
African Bank sees 36% jump in customers due to diversification scheme.
By Liesl Peyper. African Bank Group has reported a marginal growth in its net profit after tax for the year
R20-billion earmarked for expansion of hi-tech Waterfall City precinct.
By Prinesha Naidoo and Loni Prinsloo. South African property group Attacq has earmarked R20 billion to further develop its flagship
Showmax CEO Marc Jury resigns, Byron du Plessis to succeed.
By Lehlohonolo Lehana. The Chief Executive Officer (CEO) of MultiChoice South Africa and Showmax, Mark Jury has resigned. He will
SARB governor Kganyago says inflation target review nearing end.
By Ntando Thukwana. South African Reserve Bank Governor Lesetja Kganyago said a review of its 3% to 6% inflation target is