Business

Ethiopia announces launch of its first gold refinery

Ethiopia has launched its first gold refinery, a $50 million joint venture aimed at turning the East African nation into a regional processing hub for

JSE delists Tongaat as shareholder value evaporates

The JSE has decided to remove Tongaat Hulett from its Main Board, bringing an end to the sugar producer's more than four-year suspension, after...

Boxer appoints insider Justin Galloway as CEO-designate

Boxer Retail has unveiled a carefully planned leadership transition, naming Justin Galloway as CEO-designate as the discount retailer continues to punch above its weight...

DRC Invitational 2026 brings global investors, mining leaders and business executives...

Cape Town will host the fourth edition of the DRC Invitational 2026 this week, bringing together investors, executives and policymakers seeking to unlock new...

Anthropic discloses fake police tip among rogue AI incidents

An artificial intelligence (AI) model developed by Anthropic submitted a false homicide tip through a Philadelphia police website, the AI company recently disclosed. This was...

South African households running on empty

The economy is approaching a critical crossroads as a record fuel-price shock coincides with high interest rates, rising inflation risks, soaring unemployment and weak...

Suspended executive wants Numsa Investment Company liquidated

Trade union investment company NIC Investments, a subsidiary of the Numsa Investment Company (NIC), is facing a liquidation application over an alleged R32.5-million debt...

Cosatu affiliates asked to bankroll more than R5m congress re-run

The financial cost of Cosatu’s factional power play for leadership posts has come back to bite the trade union federation, sending it cap in...

Gautrain set for a major makeover as new operator takes the...

New Gautrain operator Sihamba Sonke Mobility (SSM) has outlined an ambitious programme of upgrades for the country’s flagship rapid rail network, promising new trains,...

Lollipop giant wins round one of a legal battle over colourful...

A legal fight has broken out in South Africa’s sweets industry after the owners of Big Bom accused a rival brand of selling millions...