Transnet defends profit boosted by R10.5bn Durban terminal sale
Transnet Group has defended its return to profitability, insisting that operational improvements and rising volumes underpin its recovery, despite acknowledging... Read more.
FirstRand earnings rise despite UK provision as fintech acquisition, tech spend reshape growth strategy
FirstRand Bank’s underlying operations delivered strong growth in the year to June 2026, but headline earnings were dragged down by a multibillion-rand provision... Read more.
Johann Rupert’s son, Anton, appointed Richemont co-deputy chairman
Richemont, the luxury goods group chaired by South Africa’s richest man Johann Rupert, has appointed his son, Anton Rupert, as non-executive co-deputy chairman... Read more.
Rising passenger, flights traffic volumes drive ACSA’s revenue growth
Airports Company South Africa (ACSA) reported a stronger financial performance for the year ended March 2026, with rising passenger volumes and increased commercial... Read more.
Township, rural developments outperform wealthy suburbs, says finance firm
While Sandton and Rosebank are often viewed as the centres of South Africa’s economic activity, some of the country’s most lucrative property opportunities... Read more.
NSFAS employee who sent work emails to her Gmail loses in court
The Labour Court in Cape Town has found that a CCMA commissioner misdirected himself when he ruled that the dismissal of a National Student Financial Aid Scheme... Read more.
Joburg entrepreneur keeps home after defaulting on business loan
A Johannesburg businessman has been granted what may prove to be a reprieve after the Johannesburg High Court postponed an application by financial services firm... Read more.
Shopping centres, suppliers, by-laws suffocating township and rural businesses
The Competition Commission has found that township and rural businesses are being squeezed from all sides, by costly suppliers, exclusion from malls and online platforms,... Read more.
Cashbuild grows sales but earnings slide as Malawi exit weighs on results
Building materials retailer Cashbuild has increased its revenue by 6% for the 52 weeks ended June 28 2026, but lower earnings and a loss linked to the disposal of... Read more.
Woolworths grows revenue but profits slip as impairments, tax bill bite
Woolworths Holdings has increased revenue to a record R83.5-billion in the 52 weeks to June 28 2026, but a higher tax bill and continued impairments weighed on the... Read more.
