Sluggish demand pushes Absa PMI back to contractionary territory.
By Alexander Winning. South African manufacturing activity slumped in August, erasing the previous month’s gains and pointing to highly volatile
By Alexander Winning. South African manufacturing activity slumped in August, erasing the previous month’s gains and pointing to highly volatile
By Lehlohonolo Lehana. The Department of Mineral Resources and Energy (DMRE) has announced the fuel price adjustments for September on
By Suren Naidoo. Despite double-digit growth in revenue, state-owned ports and rail monopoly operator Transnet is still making losses, reporting
By Prinesha Naidoo, Bloomberg. South Africa needs to sustain a low inflation rate to justify a change in the central bank’s
By Shaun Jacobs. Kenny Fihla has been appointed CEO of Standard Bank South Africa, replacing former Treasury Director General Lungisa
By Kopano Gumbi and Alexander Winning. South Africa is getting to grips with reforms that could lift its economic potential, its
By Suren Naidoo. South Africa’s largely consumer-driven economy is likely to get a financial stimulus from two-pot withdrawals, as the
By Loni Prinsloo. Naspers, Africa’s largest company by market value, expects e-commerce and other digital platforms to inject R91.4 billion ($5.2
By Drikus Greyling. The Public Investment Corporation (PIC) sold 26% of its stake in Telkom, reducing its shareholding below 10%
By Lehlohonolo Lehana. The Financial Sector Conduct Authority (FSCA) has suspended the licence of Ithala Limited – a KwaZulu-Natal-based state-owned
By Adelaide Changole. Capitec Bank Holdings, which grew rapidly by focusing on South Africa’s low-income retail clients overlooked by rivals, now
By Sabrina Jardim. JSE-listed retail real estate investment trust (Reit) Vukile Property Fund has issued R796-million of senior unsecured corporate