Exxaro in battle with ex-employee who raised procurement red flags
A dispute relating to claims of gross price manipulation and procurement irregularities has pitted mining giant Exxaro against a former employee. At the centre of... Read more.
Higher-denomination notes won’t solve inflation, Lesetja Kganyago tells shareholders
South African Reserve Bank (SARB) Governor Lesetja Kganyago has ruled out increasing the denomination of South Africa’s banknotes. Speaking at the 106 annual... Read more.
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 South Africa’s losses deepen amid revenue drop, debt surge
ArcelorMittal South Africa (AMSA) remains under severe financial pressure after reporting a sharp decline in revenue, a widening net loss and a growing debt burden... Read more.
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.
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.
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.
Supermarket chain Boxer packs more punch with 19 new stores
Supermarket chain Boxer Retail has stepped up its store expansion with 19 new outlets in the first 20 weeks of its financial year as it positioned itself for stronger... Read more.
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.
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.
