Watch Budget Speech 2023

South Africa doesn’t need more debt. It needs more investment.

Government cannot build prosperity on borrowed money alone This week, South Africa welcomed the announcement of substantial World Bank financing for long-overdue infrastructure development. The...

Investors fear spiking oil prices could threaten stock rally

Deepening conflict in the Middle East has sent oil prices surging and Treasury yields climbing to levels that have equity investors on edge, raising...

Hybrid seed leading revival of cotton farming in Zimbabwe

‘Improved genetics central to efforts to revive cotton sector’ For more than two decades, 56-year-old Aleck Bikostone has dedicated his life to cotton farming in...

Africa’s EV makers are testing solar roofs on vehicles to supplement...

The continent’s abundant sunshine is beginning to shape the next generation of electric vehicles. Startups are testing rooftop solar to complement rechargeable batteries, power...

RGS bid to reopen Tongaat rescue plan blocked

A Durban High Court judge has dismissed an attempt by Tongaat Hulett creditor RGS Group Holdings to revive a legal challenge that sought to...

Merck licenses experimental HIV pill to generic makers in 129 countries

Merck said on Friday it signed seven voluntary licensing agreements with generic drug manufacturers to make and sell lower-cost versions of its experimental once-monthly...