Business

Nedbank seals landmark takeover of a major East African bank

Nedbank Group has completed its landmark acquisition of approximately 66% of NCBA Group PLC, securing a major strategic foothold in East Africa and...

Volvo and NVIDIA deepen partnership to develop self-driving cars

Swedish carmaker Volvo Cars is expanding its partnership with American technology giant NVIDIA to develop advanced automated driving systems that could eventually allow motorists...

South African business confidence eases slightly in September on oil price...

South African business confidence eased slightly in September on renewed uncertainty over global energy prices, a survey showed on Monday. • The South African Chamber

Mozambique courts South African investment for new gas project

Mozambique's state-owned oil company ENH is in talks with potential investors, including South Africa's Sasol and pipeline company ROMPCO, for a new natural gas project

Retail giant Clicks fights contractor in court over unpaid R9k

Sometimes corporate litigation involves billions. Sometimes it settles complex commercial disputes that change industries. And sometimes two well-resourced businesses spend more than a year...

South32 shareholders approve R92bn Alcoa deal

South32 has approved the sale of the group’s aluminium value chain assets to Alcoa Corporation in a deal worth $5.6 billion (approximately R92 billion). The...

Rand gains slightly as traders await budget speech, inflation data

The South African rand edged up in early trade on Monday as investors looked ahead to a key week for economic data, including Finance Minister Enoch Godongwana's

SARB to end banks’ monopoly on payments

South Africa will open its payments system to non-bank operators, including telecoms firms, fintechs and retailers, from the middle of next year, a central...

Mpumalanga entrepreneur grows backyard egg business into million-egg enterprise creating rural...

At a time when millions of young South Africans are struggling to find work, Mpumalanga entrepreneur Lebo Mashigo has turned her mother’s backyard egg...

JSE CEOs pocket bigger bonuses while women and black executives lag...

Chief executives at the country’s largest listed companies enjoyed another lucrative year as bonus and long-term incentive payouts surged, even as women and black...

All eyes on Enoch Godongwana’s MTBPS as Treasury balances revenue windfall...

Finance minister Enoch Godongwana faces a delicate balancing act when he delivers Tuesday’s Medium-Term Budget Policy Statement (MTBPS), with stronger-than-expected public finances giving Treasury...