Business
Spur profits drop by 19.5% due to GPS litigation
Restaurant group Spur Corporation's profit has dropped sharply despite higher revenue and stronger trading across its restaurants network.
The Spur Corporation operates multiple well-known casual...
Exxaro cuts dividend as first-half earnings fall 20%
Exxaro has cut down on dividends declared in the half year to June 2026 as lower contributions from its iron ore investments, Sishen Iron...
High-earners spend their entire paycheques on servicing debt
Debt pressure has become severe among the country's high earners as consumers turn to unsecured credit to manage the increasing cost of living in...
4.3% inflation drop might be temporary – analyst
Inflation has dropped 4.3% in July for the first time in five months after reaching an all-time high in two years in June.
Christelle Grobler,...
DRD rewards shareholders with 200% dividend increase
Johannesburg-based mining house DRDGOLD has reported a sharp rise in profit for the year ended June 2026, helped by stronger revenue and operating performance,...
RCL Foods earnings take a hit from sugar, pet food, Sunshine...
Consumer goods and milling giant RCL Foods expects a significant decline in earnings for the year ended June 2026, weighed down by weak performances...
Absa posts higher half-year profit as credit costs ease
By Nqobile Dludla JOHANNESBURG, Aug 18 (Reuters) - South African lender Absa Group reported an 8% rise in half-year headline earnings on Tuesday, supported by higher revenue and lower credit
Absa insurance segment income lags behind rivals
Absa Group’s insurance business delivered a mixed performance in the first half of 2026, with strong growth in South Africa helping offset a steep...
Black farmers drag state to SAHRC over allegations of ‘systemic’ abuse
A group of Black emerging farmers, farmworkers, farm dwellers and rural communities have appealed to the South African Human Rights Commission (SAHRC), accusing the...
Wild Coast ruling divides ANC as parly mulls investment concerns
The Constitutional Court’s decision to block offshore oil and gas exploration along South Africa’s Wild Coast has drawn mixed reactions from African National Congress...
