Author: Boitumelo Kgobotlo

Glencore profits
Business

Glencore sees revenue rise to R3-trillion amid geopolitical tensions

The behemoth in natural resources, Glencore, has reported a 7% increase in revenue, attributed to weaker coal prices and volatile commodity markets. Revenue increased... Read more.
Gold
News

Gold price surge lifts profits as DRGOLD headline earnings hike by 99%

Gold producer DRDGOLD reported higher headline earnings for the six months ended December 31. The soaring price of gold assisted in lifting profits and cash generation... Read more.
Business

Standard Bank backs Sanlam Private Equity in healthcare supply chain deal

Standard Bank has announced its backing of private equity investment in South African healthcare supply chain. The bank revealed that it played a role in supporting... Read more.
Youth still under pressure from unemployment
Business

Youth remain under pressure as South Africa’s employment rate improves

The South African youth remain under severe pressure in the labour market, even as the country recorded a slight improvement in overall unemployment in the final... Read more.
Unemployment data due today
Business

Economist predicts minor improvement in employment rate

Little improvement is expected in jobs data as Statistics SA is scheduled to release the Quarterly Labour Force Survey for the 2025 fourth quarter on Tuesday. The... Read more.
Financial planning
Business

Financial advice should be seen as a basic necessity, not a luxury

Building financial security does not depend on being wealthy but on making steady, informed decisions about money and planning ahead, according to Momentum. Nontokozo... Read more.
Deployment of soldiers to fight zama zamas
News

Gauteng MPLs salute Cyril Ramaphosa’s SANDF plan against illegal mining

The Gauteng provincial legislature’s portfolio committee on community safety has welcomed the decision to deploy the South African National Defence Force (SANDF)... Read more.
Telkom
Business

Telkom veteran Hasnain Motlekar appointed to lead BCX recovery

Hasnain Motlekar, the chief financial officer of Telkom’s consumer business unit, has been named CEO of BCX in an attempt to stabilise the company and improve... Read more.
Business

SA now second most cost-effective poultry producer

South Africa’s poultry industry is the second most cost-effective producer in the world, only trailing behind Brazil and outperforming the traditional heavyweights,... Read more.