Business

Prof Gumede’s hatred of BEE policy lacks objective analysis and research...

Four weeks ago, the Broad-Based Black Economic Empowerment (B-BBEE) Commission formally requested William Gumede, a professor at the University of the Witwatersrand, to provide...

Middle East turmoil clouds rate cut prospects, says Reserve Bank...

Reserve bank governor Lesetja Kganyago says it is difficult to see a near-term path for easing interest rates due to the volatility from the...

BBU calls for shutdown of small business department

A coalition of business and civic organisations has called for the immediate shutdown of the Department of Small Business Development (DSBD), declaring it a...

Navigating geopolitical uncertainty with discipline and perspective

The recent escalation of conflict involving Iran has added a new layer of complexity to the global investment landscape. Periods such as this naturally...

South African rand steady as markets watch for US-Iran peace deal

The South African rand held steady in early trade on Friday as investors waited to see whether there would be a US-Iran peace deal...

IMF downgrades global growth forecast amid Middle East conflict

The International Monetary Fund (IMF) has downgraded its global economic outlook for 2026 amid the ongoing conflict in the Middle East, saying the war has thrown...

Kenya requests World Bank funds to cushion Iran war shock, central...

Kenya has requested rapid financial support from the World Bank to help it manage the shocks from the war in Iran, its central bank...

Standard Bank lands R13bn sustainability-linked loan agreement

Standard Bank has secured US$800-million, approximately R13.1-billion, sustainability-linked syndicated loan that attracted strong global investor demand and underscores continued confidence in its Africa-focused growth...

Middle East conflict and aid drop push more African nations to...

The economic fallout from the Middle East war and a collapse in foreign aid are pushing more African countries to the International Monetary Fund,...

Africa trade insurer seeks $500m to help with Iran war cost...

Africa's leading multilateral insurer of trade risk is seeking about $500-million (R8.1-billion) in capital from partners to support countries that face higher costs as...