Author: Boitumelo Kgobotlo

Business

Anglo American lowers copper costs despite inflationary pressures

Anglo American has lowered its copper production cost forecast for 2026 despite growing inflationary pressures from geopolitical tensions in the Middle East, while... Read more.
Anglo sells De Beers
Business

Kumba signs solar contract sized to reduce emissions, slash electricity costs

Kumba Iron Ore has signed a 20-year agreement with Envusa Energy to supply renewable electricity to its flagship mine, Sishen, based in the Northern Cape. The investment... Read more.
Pepkor acquires controlling stake in R21.3bn fintech business
Business

Pepkor acquires controlling stake in R21.3bn fintech business

Retail giant Pepkor has deepened its push into financial technology by acquiring a controlling stake in a combined fintech platform with Shop2Shop. The deal will... Read more.
Business

Delta offloads Hatfield office property in R35m debt reduction drive

Delta Property Fund has agreed to sell a Pretoria office property for R35-million as the real estate investment trust (REIT) continues to dispose of non-core assets... Read more.
Debt
Business

SA consumers spend nearly half their income on debt repayments, reveals report

More people are sinking deeper into a debt crisis as many spend close to half of their monthly income to keep afloat with debt repayments. This is according to the... Read more.