Business

Pan African Resources delivers record earnings, production amid gold price boom

Pan African Resources has delivered a record financial performance for the year ended June 30 2026, driven by a sharp increase in gold production,...

Patrice Motsepe’s Harmony Gold mine records eighth fatality of 2026

A mineworker at Harmony Gold, owned by mining magnate Patrice Motsepe, has died while on duty. The company, which is one of the country's biggest...

Mike Shingange cleared to contest Cosatu elections amid threats to collapse...

The Congress of South African Trade Unions (Cosatu) leadership race has been thrown wide open after the trade union federation's first deputy president, Mike...

BRICS bank gives SA R16.3bn loan to overhaul ailing metro municipalities

The South African government has been granted a $1-billion (about R16.3-billion) loan from the New Development Bank (NDB) to support a far-reaching reform programme...

Mike Shingange suspension throws Cosatu congress into turmoil

The agenda for the first day of the Congress of South African Trade Unions (Cosatu) 15th National Congress has collapsed as the national office...

Communities seeking jobs shouldn’t be branded ‘construction mafia’ – finance expert

A businessman who arranges financing for enterprises across the built-environment value chain has weighed in on the construction mafia debate, arguing that it is...

Nigerian billionaire Dangote launches oil refinery IPO, Africa’s biggest share sale

LAGOS, Sept 14 (Reuters) - Nigerian billionaire Aliko Dangote on Monday launched Africa's largest share sale yet with the initial public offering of his oil refinery, opening up ownership of the plant

NUM threatens to block Cosatu congress amid Mike Shingange suspension

The National Union of Mineworkers (NUM) has threatened to halt labour federation Congress of South African Trade Union (COSATU)'s 15th National Congress pending confirmation...

DBSA profit surges by 47% as infrastructure lender registers strongest earnings...

The Development Bank of Southern Africa (DBSA) has reported a sharp increase in profit for the financial year ending March 31, 2026. The state-owned development...

Capitec slapped with R28m fine for anti-money laundering compliance failures

The Reserve Bank's Prudential Authority (PA) has imposed administrative sanctions on Capitec Bank after identifying several failures to comply with the Financial Intelligence Centre...