Business

By Ntando Thukwana. South Africa’s first interest-rate cut since 2020 quickly divided economists over how much further it will go after

By Loni Prinsloo, Bloomberg. Nedbank Group is considering reorganising its investment banking unit to help the South African lender prepare

By Lehlohonolo Lehana. The SA Reserve Bank’s monetary policy committee (MPC) lowered interest rates by 25 basis points – despite

By Ntando Thukwana and Simbarashe Gumbo. South African consumer confidence surged in the third quarter to pre-pandemic levels, driven by increased

By Tannur Anders. The rand briefly broke through R17.60/$ to reach its best levels since July 2023 amid dollar weakness

By Lisa Pham, Bloomberg. Fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is

By Lehlohonolo Lehana. JSE-listed chemicals and energy group Sasol has appointed Muriel Dube, a former government climate negotiator, as its new chairperson

By Loni Prinsloo and Harry Wilson, Bloomberg. HSBC Holdings Plc is in talks to sell its South African corporate banking unit

By Shaun Jacobs. Old Mutual Bank has appointed Clarence Nethengwe as its new CEO, with the bank set to be

By Ntando Thukwana. South African inflation expectations for the next two years edged closer to the 4.5% midpoint of the central

By Suren Naidoo. Cape Town’s V&A Waterfront is in line for billions of rand in new development and upgrades over

By Adelaide Changole, Bloomberg. South Africa’s biggest banks, that must start issuing billions of rand next year for a new loss-absorbing