Exxaro mulling exit from struggling zinc producer Black Mountain
Diversified miner Exxaro has opened the door to a possible disposal of its 24.4% stake in Black Mountain Mining. On Thursday, Exxaro announced that group headline... Read more.
The young and the jobless: The struggle of the qualified yet unemployed
Noxolo Mahlubi’s N6 qualification in public management has not translated into employment. The 32-year-old who hails from Qumbu in the Eastern Cape says her struggle... Read more.
Truworths names new chairman as sales come under pressure
Fashion retailer Truworths is preparing for a significant boardroom transition as long-serving chairman Hilton Saven announces his retirement, ending a 23-year tenure... Read more.
Cell C’s turnaround gathers pace with R4bn gain, 64% debt decrease
Cell C has moved from recovery phase towards growth after completing its restructuring, while a sharp reduction in debt has strengthened its financial position.... Read more.
CIS industry rebounds as investors pump R64bn into local portfolios
South Africa’s collective investment schemes (CIS) industry attracted R63.6-billion in net inflows during the second quarter of 2026, lifting total assets under... Read more.
Spur profits drop by 19.5% due to GPS litigation
Restaurant group Spur Corporation’s profit has dropped sharply despite higher revenue and stronger trading across its restaurants network. The Spur Corporation... Read more.
Exxaro cuts dividend as first-half earnings fall 20%
Exxaro has cut down on dividends declared in the half year to June 2026 as lower contributions from its iron ore investments, Sishen Iron Ore Company (SIOC) and... Read more.
High-earners spend their entire paycheques on servicing debt
Debt pressure has become severe among the country’s high earners as consumers turn to unsecured credit to manage the increasing cost of living in South Africa.... Read more.
4.3% inflation drop might be temporary – analyst
Inflation has dropped 4.3% in July for the first time in five months after reaching an all-time high in two years in June. Christelle Grobler, Standard Bank macro-economic... Read more.
DRD rewards shareholders with 200% dividend increase
Johannesburg-based mining house DRDGOLD has reported a sharp rise in profit for the year ended June 2026, helped by stronger revenue and operating performance, allowing... Read more.
