APOLOGY
In our publication on July 19, under the headline “BMF Investments shareholder questions directors’ 25% fee hike”, we mistakenly published a photograph of... Read more.
We don’t have the power to lead African Bank: Kganyago
South African Reserve Bank (SARB) Governor Lesetja Kganyago has expressed frustration that the SARB’s stake in African Bank does not grant it sufficient power... Read more.
Exxaro in battle with ex-employee who raised procurement red flags
A dispute relating to claims of gross price manipulation and procurement irregularities has pitted mining giant Exxaro against a former employee. At the centre of... Read more.
Higher-denomination notes won’t solve inflation, Lesetja Kganyago tells shareholders
South African Reserve Bank (SARB) Governor Lesetja Kganyago has ruled out increasing the denomination of South Africa’s banknotes. Speaking at the 106 annual... Read more.
British American Tobacco expects drop in cigarettes production
The British American Tobacco (BAT) expects an overall drop in cigarette production amid a reported loss in the first half of the 2026 financial year. The giant international... Read more.
ArcelorMittal South Africa’s losses deepen amid revenue drop, debt surge
ArcelorMittal South Africa (AMSA) remains under severe financial pressure after reporting a sharp decline in revenue, a widening net loss and a growing debt burden... Read more.
Cape Town received R12.8bn in property investment
Cape Town central business received a surge in investment as the central business district has attracted R12.8-billion in new property investment. The State of Cape... Read more.
Consumers gamble for debt relief, sink deeper into financial distress
Consumers are turning to gambling in the hope of escaping the debt pressures, but many are instead sinking deeper into financial distress as the odds work against... Read more.
MultiChoice powers CANAL+ revenue, earnings growth
Global media and entertainment company CANAL+ has delivered a strong first half boosted by the acquisition of Africa’s leading video entertainment and pay-TV... Read more.
Supermarket chain Boxer packs more punch with 19 new stores
Supermarket chain Boxer Retail has stepped up its store expansion with 19 new outlets in the first 20 weeks of its financial year as it positioned itself for stronger... Read more.
