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.
Canal+ commits R19bn to French film industry in landmark 5-year deal
Global media giant Canal+ has committed to invest €980 million (approximately R19-billion) in French and European cinema over the next five years under what has... Read more.
SA Corporate appoints seasoned deal-maker Donnovan Pydigadu to board
SA Corporate Real Estate has appointed seasoned property deal-maker Donnovan Pydigadu as an independent non-executive director and member of its audit and risk committee.... Read more.
Vodacom bets on Safaricom to drive African expansion
Vodacom’s acquisition of a controlling stake in Safaricom has marked a turning point for the telecommunications group, transforming it into a more diversified... Read more.
Anglo American lowers copper costs despite inflationary pressures
Anglo American has lowered its copper production cost forecast for 2026 despite growing inflationary pressures from geopolitical tensions in the Middle East, while... Read more.
Reform momentum reverses as key sectors lose ground
The Business Leader South Africa (BLSA) Reform Tracker has recorded an all-time decline in reform momentum in the second quarter of 2026. The reform completion index... Read more.
Kumba signs solar contract sized to reduce emissions, slash electricity costs
Kumba Iron Ore has signed a 20-year agreement with Envusa Energy to supply renewable electricity to its flagship mine, Sishen, based in the Northern Cape. The investment... Read more.
Workers brace for another interest rate blow
The Congress of South African Trade Unions (Cosatu) has expressed concern over the anticipated hike in interest rate after inflation was reported at an all time... Read more.
Fuel shock pushes inflation to 5% ahead of rate decision
The inflation rate has increased to its highest level in two years at 5%, piling pressure on households ahead of the interest rate decision. Statistics South Africa... Read more.
