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Kumba signs solar contract sized to reduce emissions, slash electricity costs

Kumba Iron Ore has signed a 20-year agreement with Envusa Energy to supply renewable electricity to its flagship mine, Sishen, based in the Northern...

Workers brace for another interest rate blow

The Congress of South African Trade Unions (Cosatu) has expressed concern over the anticipated hike in interest rate after inflation was reported at an...

Fuel shock pushes inflation to 5% ahead of rate decision

The inflation rate has increased to its highest level in two years at 5%, piling pressure on households ahead of the interest rate decision. Statistics...

Pepkor acquires controlling stake in R21.3bn fintech business

Retail giant Pepkor has deepened its push into financial technology by acquiring a controlling stake in a combined fintech platform with Shop2Shop. The deal will...

Why oil prices have not gone out of control despite five...

As the US and Israel went to war with Iran at the end of February, analysts predicted the price of crude oil could hit...

Delta offloads Hatfield office property in R35m debt reduction drive

Delta Property Fund has agreed to sell a Pretoria office property for R35-million as the real estate investment trust (REIT) continues to dispose of...