Absa PMI declined further into negative territory in December 2024.
By Tannur Anders. South African manufacturing activity fell for the second month in a row in December, a local purchasing
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
By Roy Cokayne. UK-based Silchester International Investors, a major investor in JSE-listed Barloworld, does not believe the offer from the
By Lehlohonolo Lehana. The Independent Communications Authority of SA (ICASA) has approved the sale of Telkom’s mast and towers business, Swiftnet to a consortium of