Business

SA will continue to enjoy lower food prices

Fears about the likely higher food price inflation in various parts of the world have been in the headlines for some time. The major...

Sun power fuels RBM’s ambitious comeback as Zulti South rises again

Richards Bay Minerals (RBM) is betting on the sun in Limpopo to wheel 148MW of solar-powered electricity through Eskom’s transmission lines to power its...

MTN’s pricey Syria exit clears path for further African expansion

MTN Group has confirmed that the R716‑million settlement it received from Syria to exit its 25% shareholding does not represent a full recovery of...

Whistleblower alleges R15m worth of dubious payments at DoT

Alleged procurement irregularities amounting to R15-million at the national Department of Transport (DoT) communications unit have been laid bare in a protected disclosure sent...

We have the ingredients, now we need to get South Africa...

There was something almost encouraging about South Africa’s economic news this week. The rand broke through R16 to the dollar. Producer price inflation fell sharply from...

Former BMF man blows whistle on ‘membership fraud, power grab’

The internal fighting and power struggle at the Black Management Forum (BMF) escalated again this week with former board member Papama Mnqandi demanding that...

Tshepong North mine’s life extended as Harmony revenue nears R100bn

Harmony Gold has extended the life of its mature deep-level underground Tshepong North mine to 15 years, more than doubling its previously estimated six-year...

Two-pot withdrawals driven by survival, not luxury

South African consumers are increasingly turning to two-pot withdrawals and credit to cover everyday expenses, raising concerns about long-term financial security and highlighting the...

African Union to launch African credit rating agency in October, adviser...

NAIROBI, Aug 26 (Reuters) - The African Peer Review Mechanism (APRM) - an African Union-backed initiative - will launch a continent-wide credit ratings agency in October, a senior adviser at the AU

Oxtail prices double amid Argentina import restrictions

South African consumers are paying significantly more for oxtail as ongoing restrictions on beef imports from Argentina continue to limit supplies and drive up...