RCL Foods earnings take a hit from sugar, pet food, Sunshine unit
Consumer goods and milling giant RCL Foods expects a significant decline in earnings for the year ended June 2026, weighed down by weak performances in its sugar,... Read more.
Absa insurance segment income lags behind rivals
Absa Group’s insurance business delivered a mixed performance in the first half of 2026, with strong growth in South Africa helping offset a steep decline in income... Read more.
Wild Coast ruling divides ANC as parly mulls investment concerns
The Constitutional Court’s decision to block offshore oil and gas exploration along South Africa’s Wild Coast has drawn mixed reactions from African National... Read more.
FSCA imposes 18-year ban on Gupta-linked Niven Pillay, Eric Wood
Gupta-linked Regiments Capital former senior officials Niven Pillay and Eric Wood have been barred from providing financial services and serving as Key Individuals... Read more.
Shell loses Concourt battle over exploration of oil, gas in Eastern Cape
Energy giant Shell has suffered a significant legal setback after the Constitutional Court ruled against plans to explore for oil and gas off South Africa’s... Read more.
Checkers, Sixty60 drive Shoprite’s R18bn growth
Shoprite Holdings has shown growth in the digital commerce platform in the year to June, with Sixty60 sales jumping 34.5% to R25.5-billion and Checkers sales increasing... Read more.
Implats earnings surge on the back of improved metal prices
Editor’s Note: This article has been updated to correct an error, which stated that Impala Platinum had suffered 11 deaths in one month. This figure was incorrect... Read more.
SARB dismantles old payment system model in fintech-era
The South African Reserve Bank (SARB) has moved to dismantle the existing structure for managing the national payment system and replace it with a modernised framework.... Read more.
NUM starts court action against Ramaphosa over Eskom restructuring plans
The National Union of Mineworkers (NUM) is preparing legal action against President Cyril Ramaphosa and the state over plans to restructure Eskom. This comes after... Read more.
Advtech expects earnings to rise by up to 18%
Private education and resourcing group Advtech expects earnings per share to increase by between 13% and 18% in the six months to the end of June, supported by continued... Read more.
