Business
‘We export the raw, import the value and fund growth of...
South Africa digs it out of the ground, ships it abroad, and then buys it back at a premium. That is the uncomfortable reality...
Oil drops 9% as Strait of Hormuz reopens
Oil prices settled down by around 9% on Friday after Iran said passage for all commercial vessels through the Strait of Hormuz was open...
Nedbank revises economic growth downwards, cites Middle East strife
As the economic outlook for South Africa worsens due to the conflict in the Middle East, which has spiked oil prices, banking group Nedbank...
Top Wits professor hammered over ‘shoddy’ BEE research
Top Wits University academic Prof William Gumede has come under fire after research he relied on contradicted his own findings about the impact of...
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...
