Eskom launches green energy subsidiary to deliver 32GW of renewable capacity by 2040

Siphelele Dludla|Published

Announced on Tuesday, Eskom Green will initially operate within Eskom Holdings before being separated into a wholly owned subsidiary with its own board, subject ...

Araxi: A year of strategic growth and financial resilience

Edward West|Published

Araxi Limited, formerly Capital Appreciation, reports a robust financial performance for FY2026, showcasing strong cash generation and strategic acquisitions despite ...

Land Bank seeks R30 billion to strengthen balance sheet and support emerging farmers

Edward West|Published

The Land Bank is in discussions to secure R20 billion from development finance institutions and an additional R10 billion from the government to bolster its balance ...

Bolatja Hlogo Consortium takes legal action against PIC over R1.2bn dividend dispute

Edward West|Published

The Bolatja Hlogo Consortium has initiated legal proceedings against the Public Investment Corporation, alleging shareholder oppression and a failure to declare ...

PPC reports another year of significant financial turnaround with a 72 percent dividend increase

Edward West|Published

PPC has achieved a remarkable financial turnaround for the 2026 financial year, with a 72% increase in dividends and significant growth in EBITDA, despite challenging ...

Omnia Holdings announces special dividend amid strong profit growth in 2025

Edward West|Published

Omnia Holdings has declared a special dividend of 280 cents per share, alongside a final dividend of 470 cents, following a strong financial performance in 2025. ...

Cosatu backs fresh South African Post Office leadership to revive struggling entity

Ashley Lechman|Published

COSATU says the appointment of a new South African Post Office board is a critical step towards restoring the state owned entity, while calling for the removal of ...

Foschini Group grows market share as it battens down the hatches for weak consumer demand

Edward West|Published

The Foschini Group reports a mixed performance for the year ending March 31, with market share growth in key sectors despite challenging trading conditions. CEO ...

Mr Price's share price soars after resilient earnings and positivity about its prospects

Edward West|Published

Mr Price Group's share price surged over 14% following the announcement of resilient earnings growth and market share gains, despite facing inflationary pressures ...

Wesizwe Platinum initiates restructuring process, risking 497 jobs at Bakubung project

Edward West|Published

Wesizwe Platinum has announced a potential restructuring of its Bakubung Platinum Minerals project, which could lead to the retrenchment of 497 employees, representing ...

Jubilee Metals' Roan concentrator resumes full operations amid rising costs

Edward West|Published

ubilee Metals announces the successful return to full operational capacity of its Roan concentrator in Zambia, following a maintenance shutdown. The company aims ...

Petshop Science offers access to free insurance cover as unexpected vet bills bite

Ashley Lechman|Published

Petshop Science has launched South Africa's first retail linked free pet insurance benefit, offering accidental cover worth up to R10 000 for qualifying customers. ...

TikTok removes more than 1.1 million videos in South Africa as platform tightens online Safety measures

Ashley Lechman|Published

TikTok has removed more than 1.1 million videos and over 520 000 suspected underage accounts in South Africa as it ramps up efforts to combat harmful online content. ...

Newton Park SPAR shopper turns grocery run into dream car victory

Ashley Lechman|Published

After shopping at the same SUPERSPAR for more than two decades, Chantal Ashington has driven away with a limited edition Hyundai Exter thanks to SPAR's national ...

Absa Group's AGM: Non-executive director remuneration resolution fails

Edward West|Published

Absa Group's annual meeting took an unexpected turn as shareholders rejected the resolution on non-executive director remuneration, prompting discussions on policy ...

Traxtion secures R1.5bn investment to accelerate rail expansion across Southern Africa

Siphelele Dludla|Published

Traxtion has successfully raised $86 million to bolster its rolling stock investment programme, signalling a pivotal moment for South Africa's rail sector and attracting ...

Fairvest raises distributable earnings guidance amid strong interim financial performance

Edward West|Published

Fairvest has reported strong financial results for the six months ending March 31, leading to an upgrade in its distributable earnings guidance and a focus on expanding ...

Amazon launches Prime in SA offering free delivery, entertainment and gaming benefits

Ashley Lechman|Published

Amazon is strengthening its position in South Africa with the launch of Prime, bringing its globally popular membership programme and first local Prime Day event ...

Canal+ makes history as the first French company to list on the JSE

Edward West|Published

Canal+ becomes the first French company to list on the JSE, marking a significant step in its expansion into Africa and highlighting the growing confidence in South ...