Momentum’s top three execs paid R110m as firm delivers double-digit earnings growth
Financial services group Momentum Group delivered strong financial results for the year ended 30 June 2026, boosting executive remuneration by nearly 31% as the... Read more.
Pan African Resources delivers record earnings, production amid gold price boom
Pan African Resources has delivered a record financial performance for the year ended June 30 2026, driven by a sharp increase in gold production, higher gold prices... Read more.
Patrice Motsepe’s Harmony Gold mine records eighth fatality of 2026
A mineworker at Harmony Gold, owned by mining magnate Patrice Motsepe, has died while on duty. The company, which is one of the country’s biggest and deepest... Read more.
BRICS bank gives SA R16.3bn loan to overhaul ailing metro municipalities
The South African government has been granted a $1-billion (about R16.3-billion) loan from the New Development Bank (NDB) to support a far-reaching reform programme... Read more.
Communities seeking jobs shouldn’t be branded ‘construction mafia’ – finance expert
A businessman who arranges financing for enterprises across the built-environment value chain has weighed in on the construction mafia debate, arguing that it is... Read more.
DBSA profit surges by 47% as infrastructure lender registers strongest earnings in years
The Development Bank of Southern Africa (DBSA) has reported a sharp increase in profit for the financial year ending March 31, 2026. The state-owned development... Read more.
Capitec slapped with R28m fine for anti-money laundering compliance failures
The Reserve Bank’s Prudential Authority (PA) has imposed administrative sanctions on Capitec Bank after identifying several failures to comply with the Financial... Read more.
Godongwana fires GPAA CEO Kedibone Madiehe over procurement irregularities
Finance Minister Enoch Godongwana has dismissed Kedibone Madiehe as CEO of the Government Pensions Administration Agency (GPAA), bringing an end to a controversy... Read more.
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.
