Author: Boitumelo Kgobotlo

Business

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’s demise should be ‘celebrated’
Business

ArcelorMittal South Africa’s losses deepen amid revenue drop, debt surge

ArcelorMittal South Africa (AMSA) remains under severe financial pressure after reporting a sharp drop in revenue, a widening net loss and a growing debt burden... Read more.
Western Cape construction sector put safety first in the sector.
Business

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.
Business

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.
Business

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.
Business

Treasury makes U-turn on municipal funding freeze despite non-compliance

The National Treasury has reversed its decision to withhold the local government’s equitable share from municipalities in an effort to prevent further disruption... Read more.
Anglo sells De Beers
Business

Kumba dividend slashed 52% as earnings plunge

Kumba Iron Ore earnings and shareholder payout have taken a major hit in the interim results for the period ended June 30. The Anglo American-owned iron ore producer... Read more.
Business

Canal+ commits R19bn to French film industry in landmark 5-year deal

Global media giant Canal+ has committed to invest €980 million (approximately R19-billion) in French and European cinema over the next five years under what has... Read more.
Business

SA Corporate appoints seasoned deal-maker Donnovan Pydigadu to board

SA Corporate Real Estate has appointed seasoned property deal-maker Donnovan Pydigadu as an independent non-executive director and member of its audit and risk committee.... Read more.