Business
Sibanye-Stillwater returns to profit as revenue hits record R90bn
Mining giant Sibanye-Stillwater delivered a dramatic turnaround in its financial performance for the first half of 2026, reporting record revenue, a return to profitability...
Sixty60 powers Shoprite growth with record R25.5bn in sales
Africa's biggest grocery retailer, Shoprite Holdings, has reported strong growth in sales, earnings and shareholder returns for the year ended June 28 2026.
The retail...
Sasol posts stronger earnings as debt falls, but impairments remain challenge
Sasol Group has reported a sharp improvement in earnings for the year ended June 30, 2026, driven by stronger operational performance, higher fuel production...
Nedbank’s East Africa expansion plan gains crucial green light
Nedbank Group has moved a step closer to completing its planned acquisition of a majority stake in East African banking giant NCBA Group PLC...
RCL Foods profit hit as sugar imports lead to earnings slide
RCL Foods has reported a sharp decline in earnings for the year ended June 2026, with weaker performances in its sugar and pet food...
Eskom posts R30bn net profit but debt, municipal arrears remain threats
Eskom has reported a sharp improvement in its financial and operational performance, posting a net profit of R30.3-billion for the year ended March 31,...
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...
