Business

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...

Middle East tensions drive Thungela profit up more than 450%

As war and geopolitical instability ripple across global energy markets, coal producer Thungela Resources is emerging as one of the beneficiaries. The company's interim results...

Spar chairman Mike Bosman, deputy Shirley Zinn resign

SPAR Group has announced significant changes to its board leadership, with chairman Mike Bosman and deputy chair, Dr Shirley Zinn stepping down from their...

Push to turn trade into jobs by boosting industrialisation in Southern...

Southern African countries need to accelerate industrialisation, expand regional value chains and boost intra-regional trade to create jobs and improve livelihoods, South African Minister...

SA’s Traxtion bets on regional rail reforms and mineral boom

South African rail services provider Traxtion is positioning itself to profit from a regional mineral boom and sweeping reforms across the continent that are...

The small label that tells a much bigger story

This past week delivered several important economic messages. The US released softer inflation data, reducing concerns about another immediate increase in US interest rates. South...

China expands cross-border cash pooling services to more multinationals

China will expand a cross-border cash pooling pilot scheme nationwide, allowing more multinational companies to centrally manage their cross-border renminbi and foreign-currency funds, People’s...

State urged to fast-track procurement rules to unlock opportunities for black...

By Mpho Sibanyoni mphos@sundayworld.co.za The Black Business Council (BBC) has urged the National Treasury to urgently finalise regulations underpinning the Public Procurement Act, warning that delays...

Africa’s youth workforce shifts from agriculture to services

Africa’s youth workforce is undergoing a transformation, with the services sector expected to overtake agriculture as the continent’s largest employer of young people by...

Pension fund tycoon Letjane expels Radisson Hotel Group after fallout

Property developer and pension fund administrator Zamani Letjane has terminated his contract with Radisson Hotel Group after a fallout that includes allegations of maladministration...