Middle East conflict could result in recession amid GDP drop, expert warns
An economist has warned that the ongoing Middle East conflict, which has seen fuel prices soaring to record levels, could drive the economy into recession. A technical... Read more.
Old Mutual boosts dividend despite profit drop
Financial services group Old Mutual has dropped profit in the first half of 2026 as weaker investment returns and lower insurance earnings offset underlying operating... Read more.
GDP drops 0.2% in second quarter of 2026
The economy has stepped backwards as GDP declined 0.2% in the second quarter of 2026. The decline has reversed the 0.4% growth recorded in the first quarter, also... Read more.
Piracy battle persists as DStv revamps packages
Piracy remains a challenge for MultiChoice as they introduce new DStv Expect+ packages that are more relative to consumer demand. DStv is currently undergoing a... Read more.
NetcarePlus leads medical insurance industry in customer experience
NetcarePlus has been ranked as the number one healthcare membership service in South Africa for the 2026/27 report by the Ask Afrika Orange Index. NetcarePlus, a... Read more.
Living annuity assets climb by R911bn as retirees curb their spending
Living annuity assets have surged R911-billion as retired persons become more cautious about drawing income from their investments. A living annuity is a market-linked... Read more.
PGM rebound lifts African Rainbow Minerals’ earnings as iron ore, manganese slide
The recovery in platinum group metals (PGM) prices has boosted Patrice Motsepe’s African Rainbow Minerals (ARM) amid weaker performances from iron ore, manganese... Read more.
MTN’s pricey Syria exit clears path for further African expansion
MTN Group has confirmed that the R716‑million settlement it received from Syria to exit its 25% shareholding does not represent a full recovery of the billions... Read more.
Tshepong North mine’s life extended as Harmony revenue nears R100bn
Harmony Gold has extended the life of its mature deep-level underground Tshepong North mine to 15 years, more than doubling its previously estimated six-year remaining... Read more.
Two-pot withdrawals driven by survival, not luxury
South African consumers are increasingly turning to two-pot withdrawals and credit to cover everyday expenses, raising concerns about long-term financial security... Read more.
