Business

Standard Bank hits record R26.1bn earnings as Africa drives growth

Standard Bank has posted record headline earnings of R26.1 billion for the first six months of 2026, as strong client activity, higher non-interest revenue,...

Gatekeepers, investors accused of stifling black business growth

Institutional investors came under sharp criticism at the annual Black Business Summit for failing to channel capital into activities that create jobs and stimulate...

Checkers, Sixty60 drive Shoprite’s R18bn growth

Shoprite Holdings has shown growth in the digital commerce platform in the year to June, with Sixty60 sales jumping 34.5% to R25.5-billion and Checkers...

Build companies, don’t chase BEE deals, Motlanthe tells Black businesses

Former president Kgalema Motlanthe has urged black-owned companies to focus on growing the economy, rather than seeking empowerment stakes in established businesses. Motlanthe made the...

Implats earnings surge as NUM raises safety concerns

Editor's Note: This article has been updated to correct an error, which stated that Impala Platinum had suffered 11 deaths in one month. This...

Ronald Lamola warns business: ‘Stop exploiting undocumented migrants, undermining labour laws’

International Relations and Cooperation Minister Ronald Lamola has cautioned that the growing exploitation of undocumented migrants by some South African employers is eroding labour...

SARB dismantles old payment system model in fintech-era

The South African Reserve Bank (SARB) has moved to dismantle the existing structure for managing the national payment system and replace it with a...

NUM starts court action against Ramaphosa over Eskom restructuring plans

The National Union of Mineworkers (NUM) is preparing legal action against President Cyril Ramaphosa and the state over plans to restructure Eskom. This comes after...

Advtech expects earnings to rise by up to 18%

Private education and resourcing group Advtech expects earnings per share to increase by between 13% and 18% in the six months to the end...

Unemployment shoots up to 33.6% in second quarter of 2026

South Africa's official unemployment rate increased to 33.6% in the second quarter of 2026, as the number of jobless people rose sharply, according to...