Exxaro in battle with ex-employee who raised procurement red flags
A dispute relating to claims of gross price manipulation and procurement irregularities has pitted mining giant Exxaro against a former employee.
At the centre of...
Safaricom acquisition turns fintech into Vodacom’s biggest growth engine
South Africa-headquartered Vodacom is entering its biggest strategic reset in decades after taking control of Safaricom, the Kenyan telecommunications giant behind one of Africa’s...
Oil prices rise as Strait of Hormuz crisis rages
Oil prices closed more than $1 (R16) a barrel higher on Friday, ending July with their biggest monthly gains since March, as concerns over...
Higher-denomination notes won’t solve inflation, Lesetja Kganyago tells shareholders
South African Reserve Bank (SARB) Governor Lesetja Kganyago has ruled out increasing the denomination of South Africa's banknotes.
Speaking at the 106 annual Ordinary General...
British American Tobacco expects drop in cigarettes production
The British American Tobacco (BAT) expects an overall drop in cigarette production amid a reported loss in the first half of the 2026 financial...
ArcelorMittal South Africa’s losses deepen amid revenue drop, debt surge
ArcelorMittal South Africa (AMSA) remains under severe financial pressure after reporting a sharp decline in revenue, a widening net loss and a growing debt...
