Business
Nkuhlu reflects on ETI exit as one of few regrets in...
Outgoing Nedbank Group chief operating officer Mfundo Nkuhlu says an investment in West Africa’s Ecobank Transnational Incorporated (ETI), which was eventually sold at a...
Kganyago blasts ‘seasonal’ SARB nationalisation push
Reserve Bank governor Lesetja Kganyago has raised concerns that calls to nationalise the South African Reserve Bank (SARB) tend to resurface whenever the ANC...
The government is abandoning B-BBEE through public procurement regulations
South Africa’s greatest missed opportunity is not failure to create new progressive policies, but the failure to harness the constitutional instruments we already possess.
Every...
Oil prices firm on concerns over Strait of Hormuz plans
By Stephanie Kelly LONDON, Aug 7 (Reuters) - Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it
South African clothing factories struggle after migrant workers flee
By Nellie Peyton and Thando Hlophe NEWCASTLE, South Africa, Aug 6 (Reuters) - Weeks after xenophobic protests drove thousands of migrant workers from South Africa, rows of sewing machines stood idle
Pick n Pay retrenchments stretched as retailer faces court
Pick n Pay's primary union, the South African Commercial, Catering and Allied Workers Union (SACCAWU), has dragged the retailer to the Labour Court, in...
Dangote has ‘strong intent’ for South Africa listing after Nigeria IPO...
By Colleen Goko JOHANNESBURG, Aug 5 (Reuters) - The Johannesburg Stock Exchange has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a
aReit considers JSE delisting as financial reporting backlog persists
The aReit board is considering delisting from the Johannesburg Stock Exchange (JSE) amid challenges to clear a backlog in financial reporting.
The board announced that...
Nedbank warns of rising credit defaults as inflation squeezes consumers
Nedbank has warned that elevated inflation and higher interest rates are placing consumers under increasing financial pressure, resulting in a rise in credit defaults.
Speaking...
Sasol gets earnings boost from Middle East conflict
Sasol expects a significant rise in earnings for the year to June, pushed by higher production, stronger oil prices and an improvement in refining...
