VW to invest in mines in bid to become global battery supplier.
By Victoria Waldersee. Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of
Business
Gold Fields, AngloGold Ashanti announce joint venture to create Africa’s largest gold mine.
By Ciaran Ryan. They’ve been staring at each other over the fences for decades in Ghana’s gold-rich Tarkwa district. Now
Mpumalanga to receive R300m just energy transition boost.
By Lehlohonolo Lehana. A new five-year project has been launched to support the just transition in Mpumalanga, home to most of
South Africa’s budget under strain with 7% pay increase offer.
By S’thembile Cele and Prinesha Naidoo. Government has offered public servants a 7% pay increase for the next financial year,
Capitec bank reaches 20-million clients milestone.
By Lehlohonolo Lehana. Capitec has cemented its status as SA’s largest retail bank by customer numbers with the announcement that
MultiChoice shares plunges almost 15% flagging South Africa’s outlook.
By Lehlohonolo Lehana. MultiChoice has warned of a significant deterioration in the operating environment in South Africa that is set to
Reserve Bank launches new payment system – which could help wean South Africans off cash.
By Lehlohonolo Lehana. The South African Reserve Bank (SARB) and clearing house BankservAfrica launched a new rapid payment programme, Payshap.
Mobile operator MTN takes R695-million hit from load shedding.
By Lehlohonolo Lehana. MTN Group has moved to quantify the impact of load shedding on its South Africa’s operations earnings, saying
Ballito Junction to enhance its offering with a major upgrade to cornerstone section.
Business Reporter. Ballito Junction, the popular regional mall on KwaZulu-Natal’s north coast, has announced plans to upgrade the original section
South Africa’s banks bleed after US lender slumps 60%.
Business Reporter. (AFP) – The world’s biggest banks took a stock market beating on Friday as signs of trouble at
S&P downgrades South Africa’s outlook as energy crisis weighs.
By Akriti Sharma. S&P Global Ratings said late on Wednesday it downgraded its outlook on South Africa to stable from
Standard Bank’s load shedding bill ballooned to R72 million in FY22.
Business Reporter. Financial Services group Standard Bank says that its fuel costs to combat load shedding ballooned from R18 million