Watch Budget Speech 2023

Pick n Pay retrenchments stretched as retailer faces court

Pick n Pay's primary union, the South African Commercial, Catering and Allied Workers Union (SACCAWU), has dragged the retailer to the Labour Court, in...

Dangote has ‘strong intent’ for South Africa listing after Nigeria IPO...

By Colleen Goko JOHANNESBURG, Aug 5 (Reuters) - The Johannesburg Stock Exchange has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a

aReit considers JSE delisting as financial reporting backlog persists

The aReit board is considering delisting from the Johannesburg Stock Exchange (JSE) amid challenges to clear a backlog in financial reporting. The board announced that...

Nedbank warns of rising credit defaults as inflation squeezes consumers

Nedbank has warned that elevated inflation and higher interest rates are placing consumers under increasing financial pressure, resulting in a rise in credit defaults. Speaking...

Sasol gets earnings boost from Middle East conflict

Sasol expects a significant rise in earnings for the year to June, pushed by higher production, stronger oil prices and an improvement in refining...

Middle East turmoil boosts Glencore to R72bn profit

Glencore has made a sharp turnaround in profit as the Middle East conflict has fuelled commodity trading gains. The $4.4-billion (approximately R72-billion) gain in the...