Eastplats secures extra R23m to ramp-up Crocodile River Mine
Eastplats has secured a C$2-million (approximately R23-million) loan to boost underground production at Crocodile River Mine. Eastplats operates a shallow, long-life... Read more.
NUM rejects Ramaphosa’s plan to split Eskom transmission, warns of job losses
The National Union of Mineworkers (NUM) has rejected President Cyril Ramaphosa’s plans to establish an independent Transmission System Operator (TSO), warning... Read more.
Mobile data drives Telkom’s strong growth
Telkom is becoming increasingly reliant on data services to drive growth, with data revenue now accounting for more than 60% of the group’s total revenue. Group... Read more.
Nedbank COO Mfundo Nkuhlu announces early retirement
Nedbank Group chief operating officer Mfundo Nkuhlu is set to retire at the end of the year after more than two decades with the banking group. Nkuhlu, who is also... Read more.
APOLOGY
In our publication on July 19, under the headline “BMF Investments shareholder questions directors’ 25% fee hike”, we mistakenly published a photograph of... Read more.
We don’t have the power to lead African Bank: Kganyago
South African Reserve Bank (SARB) Governor Lesetja Kganyago has expressed frustration that the SARB’s stake in African Bank does not grant it sufficient power... Read more.
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.
