Business
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...
Mass market retailer, Boxer, roasted for low B-BBEE score
Company’s black ownership sits at mere 27.63%
Retail giant Boxer Superstores, the country’s leading limited-range discount supermarket, has come under fire after receiving a Level...
Zimbabwe secures membership in Brics New Development Bank
Zimbabwe has become a member of the Brics New Development Bank, a move expected to expand the country's access to development financing and investment,...
PIC board chair David Masondo resigns, cites need to protect institution
Public Investment Corporation board chairperson Dr David Masondo has resigned, saying he is stepping aside “in the interests of the Republic of South Africa”...
Anglo American lowers copper costs despite inflationary pressures
Anglo American has lowered its copper production cost forecast for 2026 despite growing inflationary pressures from geopolitical tensions in the Middle East, while maintaining...
