Business
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...
SA consumers spend nearly half their income on debt repayments, reveals...
More people are sinking deeper into a debt crisis as many spend close to half of their monthly income to keep afloat with debt...
Middle East war keeps Sasol ORYX gas-to-liquid plant shut
Sasol has not indicated when its ORYX gas-to-liquids (GTL) plant in Qatar will resume operations as the Middle East war persists.
The ORYX gas-to-liquid (GTL)...
Fintech innovation turns township shops into payment hubs
Informal retailers are becoming important payment hubs in townships and rural communities after Shop2Shop and Pay@ launched a service that allows customers to pay...
South32 targets renewable energy boom, SA operations cost bite
South32's operating costs for the South African manganese business are expected to shoot above guidance even as the miner exceeds production targets.
The operating costs...
How many more shocks can this country absorb?
It is rarely one event that changes an economy. It is the accumulation of many smaller shocks arriving at the same time. That is...
Will AI make us smarter or simply more dependent?
Artificial intelligence (AI) promises to make us more productive, efficient and informed than ever before. With a few prompts, we can draft reports, analyse...
