Nedbank eyes East Africa growth with Kenya’s NCBA takeover
Nedbank has put an offer to acquire controlling stake in Kenyan-based NCBA bank at R13.9-billion. The Notice of Intention to acquire 66% of NCBA’s issued share... Read more.
Sasol raises fuel sales forecast, warns on gas sales volumes
Sasol has revised its fuel sales forecast upward for the 2026 financial year after stronger-than-expected performance at National Petroleum Refineries of SA (Natref),... Read more.
Cartrack drives group’s performance with 16% subscriber growth
Karooooo, the company that owns Cartrack and Karooooo Logistics, has reported growth in its third-quarter results, with Cartrack driving the group’s substantial... Read more.
Mountain Meadow Investments ordered to repay R2m Capitec bank debt
The KwaZulu-Natal High Court has ordered that Mountain Meadow Investments repay more than R2-million bank loan with interest and legal costs. The company had concluded... Read more.
Beef steak, rent, public transport drive inflation to 3.6% rise in December
The consumer price inflation rose in December, ending the year at 3.6% from 3.5% last November. The inflation jumped as higher food prices continued to weigh on... Read more.
Rolex leading resale surge, becoming a real timeless timepiece for SA consumers
Rolex is increasingly being viewed as an investment as South African consumers drive strong growth in the second-hand luxury market amid rising environmental concerns.... Read more.
People want citizen-elected world parliament, study reveals
Democracy Without Borders survey has found that many people want a new way to deal with global problems as they advocate for citizen-elected world parliament. This... Read more.
Sasol strengthens board with appointment of energy, finance guru as director
Rhidwaan Gasant has been appointed as an independent non-executive director to the board of the multinational chemicals and energy company Sasol Group, effective... Read more.
Cyril Ramaphosa gives MPs and judges above-inflation pay increases
President Cyril Ramaphosa has approved salary increases of 3.8% for members of parliament, members of provincial legislatures, and members of provincial executive... Read more.
Sassa denies rules amended for jobless foreigners to get R370 grant
The South African Social Security Agency (Sassa) has rejected claims that it has changed its rules to allow foreign nationals to receive the R370 monthly Covid-19... Read more.
