Business

Oil prices climb more than R66 after Israeli strikes on Iran,...

Oil prices rose more than 4% on Monday, as renewed Israeli strikes on Iran and fresh attacks on Lebanon soured hopes of an imminent...

Explosives drive 21% profit rise for omnia, offsetting Iran war disruptions

Fertiliser and explosives maker Omnia Holdings has shifted its ammonia supplies from the Middle East to secure stocks of the key raw material, its...

Oil prices climb more than $3 after Israeli strikes on Lebanon

PERTH/ BEIJING - Brent oil prices jumped more than $3 (R50) a barrel on Monday, initially spooked by Israel's launch of renewed strikes on...

Dollar scales two-month peak as Fed hike bets ramp up

SINGAPORE - The dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on...

A good week for South Africa – but a timely warning

This past week offered South Africans both encouragement and caution. On the positive side, improved credit outlooks, capital inflows into the bond market and a...

Government takes steps to release land for farmers

We typically don’t comment much on budget vote speeches. Still, the Presidency’s Budget Vote speech, delivered by President Cyril Ramaphosa on Tuesday, carried vital...

Community celebrates Marico Chrome victory amid fresh questions

The traditional community that gave rise to former Bophuthatswana president Lucas Mangope has welcomed a major North Gauteng High Court, Pretoria, victory restoring control...

SAB’s black shareholders see red over dividend payouts

Black shareholders of brewing firm SAB are up in arms, alleging they have not seen financial returns on their broad-based black economic empowerment (B-BBEE)...

Beer and wine could cost much more as Treasury reviews sin...

National Treasury is mulling changes in how beer is taxed, a move that could see excise duties on malt beer – the most consumed...

TFG plans store closures and spending cuts as profit drops

Fashion retailer TFG, which owns such brands as Foschini, Markham, Sportscene and Exact,  said on Friday it will step up cost cuts, slowing store...