Watch Budget Speech 2023

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 drop in revenue, a widening net loss and a growing debt...

Woolies flags slower profit growth as Middle East conflict weigh on...

By Nqobile Dludla JOHANNESBURG, July 30 (Reuters) - South African retailer Woolworths Holdings said on Thursday it expects annual profit to rise modestly after a tough second half, as higher fuel

Cape Town received R12.8bn in property investment

Cape Town central business received a surge in investment as the central business district has attracted R12.8-billion in new property investment. The State of Cape...

Agriculture, finance, property worst BEE performers, reveals report

Despite a decade of progress in broad-based black economic empowerment (B-BBEE) implementation, South Africa's agriculture, financial services and property sectors continue to lag on...

Consumers gamble for debt relief, sink deeper into financial distress

Consumers are turning to gambling in the hope of escaping the debt pressures, but many are instead sinking deeper into financial distress as the...