Matengu profit plunges R315m amid high energy costs, retrenchment talks underway
Investment holding company Mantengu has dropped more than R300-million in profit for the year dealing a blow to shareholders as earnings per share also fell by R1.01... Read more.
African Bank tightens credit appetite after R600m loss
African Bank has tightened its lending criteria in an effort to restore profitability following over R600-million net loss in its interim results. Zweli Manyathi,... Read more.
Sibanye reaffirms SA operations as core earnings driver amid global uncertainty
Sibanye-Stillwater has reaffirmed the central role of its South African operations as the group’s main earnings engine, despite a challenging global backdrop marked... Read more.
Ex-Clicks CFO Michael Fleming joins Santam board
Former Clicks and Tiger Brands chief financial officer executive Michael Fleming has been appointed an independent non-executive director at Santam. The seasoned... Read more.
Fintech opens doors for informal traders to join formal economy
Fintech is steadily transforming the entrepreneurial landscape, helping informal businesses to move into the formal economy and unlocking new opportunities for growth.... Read more.
Coal prices surge as geopolitical tensions reshape energy markets
Exxaro has reported that geopolitical tensions have reshaped global energy markets, surging the price of coal in the first half of 2026. The diversified miner said... Read more.
IEC records 2.9 million registrations over weekend
The Electoral Commission of South Africa (IEC) has recorded 2.9-million registration transactions during the voter registration weekend. This reflects a marked increase... Read more.
Kaizer Chiefs CEO Bheki Shongwe to resign from R5bn outfit
Businessman Bheki James Themba Shongwe is set to resign as a non-executive director at the JSE-listed Sabvest Capital, bringing an end to more than two decades on... Read more.
Government launches probe after mineworker dies at Harmony Gold
The Department of Mineral and Petroleum Resources (DMPR) is investigating the tragic death of a miner at Harmony Gold’s deep-level Moab Khotsong mine in the North... Read more.
Numsa Investment Company suspends CEO
The chief executive of the investment arm of metalworkers union Numsa has been served with a letter placing him on precautionary suspension, as the battle for control... Read more.
