Boitumelo Kgobotlo

Business

Spur profits drop by 19.5% due to GPS litigation

20th August 2026

Restaurant group Spur Corporation’s profit has dropped sharply despite higher revenue and stronger trading across its restaurants network. The Spur Corporation operates...

Business

Exxaro cuts dividend as first-half earnings fall 20%

20th August 2026

Exxaro has cut down on dividends declared in the half year to June 2026 as lower contributions from its iron ore investments,...

Big Reads

High-earners spend their entire paycheques on servicing debt

19th August 2026

Debt pressure has become severe among the country’s high earners as consumers turn to unsecured credit to manage the increasing cost of...

Business

4.3% inflation drop might be temporary – analyst

19th August 2026

Inflation has dropped 4.3% in July for the first time in five months after reaching an all-time high in two years in...

Business

DRD rewards shareholders with 200% dividend increase

19th August 2026

Johannesburg-based mining house DRDGOLD has reported a sharp rise in profit for the year ended June 2026, helped by stronger revenue and...

Business

RCL Foods earnings take a hit from sugar, pet food, Sunshine unit

18th August 2026

Consumer goods and milling giant RCL Foods expects a significant decline in earnings for the year ended June 2026, weighed down by...

Business

Absa insurance segment income lags behind rivals

18th August 2026

Absa Group’s insurance business delivered a mixed performance in the first half of 2026, with strong growth in South Africa helping offset...

Big Reads

Wild Coast ruling divides ANC as parly mulls investment concerns

17th August 2026

The Constitutional Court’s decision to block offshore oil and gas exploration along South Africa’s Wild Coast has drawn mixed reactions from African...

Business

FSCA imposes 18-year ban on Gupta-linked Niven Pillay, Eric Wood

14th August 2026

Gupta-linked Regiments Capital former senior officials Niven Pillay and Eric Wood have been barred from providing financial services and serving as Key...

Business

Shell loses Concourt battle over exploration of oil, gas in Eastern Cape

14th August 2026

Energy giant Shell has suffered a significant legal setback after the Constitutional Court ruled against plans to explore for oil and gas...