Mounting calls for greater accountability and further investigation at the PIC

Ashley Lechman and Yogashen Pillay|Published

" Trade unions and political leaders respond to the precautionary suspension of PIC CEO Patrick Dlamini, highlighting concerns over governance and the management ...

PIC CEO Patrick Dlamini on precautionary suspension amid governance concerns

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious governance concerns and allegations of impropriety, following a whistleblower report. ...

JPMorgan Chase profits jump on strong investment bank results

AFP|Published

Results were especially buoyant in JPMorgan's markets division during a heady period for the US stock market.

Goldman Sachs profits surge on trading, deal advising strength

AFP|Published

Profits for the New York investment bank in the second quarter were $6.4 billion, up 84 percent from the year-ago level, while revenues jumped 39 percent to $20.3 ...

Copper 360 awards contract to Cementation Africa for Northen Cape mine revival

Edward West|Published

Copper 360 has awarded a R874 million contract to Cementation Africa for the underground development of the Rietberg Mine, marking a significant step in the revival ...

Why the suspension of PIC CEO Patrick Dlamini raises serious governance concerns

Adri Senekal de Wet|Updated

Patrick Dlamini's precautionary suspension as CEO of the Public Investment Corporation raises critical questions about governance, accountability, and the institution's ...

Exploring the financial behaviours of South Africa's Gen Z

Afua Darko|Published

Discover how South Africa's Gen Z navigates the credit market with distinct money personalities, as revealed by Sanlam's 2026 Credit Confidence Index.

Why retirement planning needs a rethink in South Africa

Asavela Gwele|Published

With life expectancy on the rise, many South Africans face a retirement crisis. This article explores the challenges of planning for a longer life and offers insights ...

Tharisa's new projects gathered pace while third quarter PGM production increased

Edward West|Published

Tharisa's Q3 2026 update reveals a significant drop in cash position to $10.7 million, despite an increase in PGM production and steady chrome output, as the company ...

How to avoid financial pitfalls with the right medical scheme

Dieketseng Maleke|Published

Discover why joining a medical scheme is crucial for financial security, especially for young and healthy individuals. Learn about the hidden costs of medical emergencies ...

Understanding the Two-Pot Retirement System: risks and benefits

Thys van Zyl|Published

Explore the implications of the Two-Pot retirement system in South Africa, examining how it can provide short-term financial relief while posing risks to long-term ...

PIC suspends CEO and CIO amid governance crisis

Edward West|Published

The Public Investment Corporation has suspended its CEO and CIO amid a governance crisis linked to a controversial investment in Lanseria Airport, raising concerns ...

De Beers pauses production at Venetia mine to cut costs in a difficult diamond market

Edward West|Published

De Beers announces a two-year pause in production at its Venetia mine in South Africa, citing cost reduction amid pressures from laboratory-grown diamonds and a ...

Shoprite's AI, Pixie, reaches 98% adoption among Sixty60 members

Ashley Lechman|Published

Millions of personalised shopping interactions and a customer completing a R1 500 grocery order in just 15 seconds highlight the growing role of artificial intelligence ...

AngloGold Ashanti proposes R32 billion share buyback to enhance shareholder value

Edward West|Published

AngloGold Ashanti is seeking shareholder approval for a R32 billion share buyback programme over five years, despite mixed recommendations from proxy advisory services. ...

Apple sues OpenAI for stealing trade secrets

AFP|Published

The lawsuit marks a dramatic escalation in tensions between two companies that partnered in 2024 to integrate ChatGPT into Apple's products.

Nasan Energies acquires 52 retail service stations in Namibia for over R800 million

Edward West|Published

Nasan Energies, led by young entrepreneur Miguel Hamutenya, has made a landmark acquisition of 52 retail service stations in Namibia, valued at $50 million, marking ...

Woolworths launches My Woolies Chef: An AI-powered food assistant for meal planning

Edward West|Published

Woolworths is set to enhance its digital shopping experience with My Woolies Chef, an AI-driven food assistant that simplifies meal planning and connects customers ...

Rethinking qualifications: The hidden talents on South Africa's factory floors

Merel van der Lei|Published

South Africa's manufacturing sector faces a critical skills shortage, with traditional qualification systems failing to recognise the real competencies of workers ...