Sappi shares surge 9% as nearly R20bn joint venture with Finland's UPM announced

Edward West|Published

Sappi's shares traded 9.27% higher at R23.71 Thursday afternoon after the company announced plans with UPM to combine their European graphic paper operations into a R19.94bn (€1.42bn) joint venture company.

SA construction activity rebounds strongly as sector sees marked improvements

Siphelele Dludla|Published

South Africa's construction sector shows a promising recovery in Q3 2025, with the Afrimat Construction Index reporting a 10.2% increase. Despite challenges in capital ...

Vodacom to acquire majority stake in Kenya's Safaricom for R35.77 billion

Edward West|Published

Vodacom Group is set to acquire a further 20% stake in Safaricom for R35.77 billion, giving it controlling interest in Kenya's largest telecoms company. The deal ...

Green economy continues to surge as WEF predicts market will top $7trln within the decade

Siphelele Dludla|Published

A new report from the World Economic Forum reveals that the green economy has become the world’s second-fastest growing market, projected to exceed $7 trillion by ...

Essential travel insurance tips

Jason Veitch|Published

Travel insurance isn't just a visa requirement, it's your financial safety net when things go wrong abroad. From medical emergencies to lost luggage, this guide ...

Ackerman family reduces stake in Pick n Pay: Who's buying the shares?

Nicola Mawson|Published

The Ackerman family has significantly reduced its stake in Pick n Pay, prompting questions about the future of the retailer as Allan Gray increases its investment. ...

MultiChoice's BBBEE scheme seeks shareholders with outstanding dividend payments

Dieketseng Maleke|Published

MultiChoice's BBBEE share scheme, Phuthuma Nathi, is on a mission to reunite shareholders with over R270 million in unclaimed dividends dating back to 2006. Find ...

SARS moves to seize PetroSA’s Mossel Bay refinery over R4.5bn tax debt

Banele Ginindza|Published

PetroSA's financial struggles deepen as the South African Revenue Service moves to attach its Gas-to-Liquids refinery in Mossel Bay over unpaid licensing and duty ...

CEF positions itself to take over oil majors’ assets as companies exit South Africa

Banele Ginindza|Published

The Central Energy Fund is set to acquire fuel infrastructure from global oil companies exiting South Africa, aiming to secure national fuel supply and enhance its ...

Sizwe Hosmed medical scheme makes significant progress under curatorship

Edward West|Published

Explore how a healthcare scheme is focusing on financial sustainability and membership growth, while addressing past challenges in healthcare access for its members ...

Sarb flags final year of Jibar as transition to ZARONIA enters critical phase

Siphelele Dludla|Published

South Africa's financial landscape is undergoing a significant transformation as the SARB prepares to discontinue the Johannesburg Interbank Average Rate (Jibar) ...

Business confidence rebounds in Q4 as sentiment lifts across most sectors

Siphelele Dludla|Published

South Africa's business sentiment shows a promising rebound in the final quarter of 2025, with the RMB/BER Business Confidence Index rising to its highest level ...

South Africa’s manufacturing activity slumps again in November as cost pressures rise

Siphelele Dludla|Published

South Africa's private sector experiences a second consecutive month of contraction, with the S&P Global PMI dropping to 49.0 in November, indicating ongoing economic ...

Binance unveils crypto app for children with full parental control

Dieketseng Maleke|Published

Binance launches Binance Junior, a groundbreaking crypto app designed specifically for children and teenagers. With robust parental controls and educational features, ...

National Financial Ombud warns against Buy Now Pay Later schemes this festive season

Dieketseng Maleke|Published

As South Africans face increasing Buy Now Pay Later (BNPL) offers during the festive season, the National Financial Ombud warns these unregulated credit options ...

South Africa's GDP growth remains sluggish despite signs of recovery

Siphelele Dludla|Published

Despite a slight increase in GDP growth, South Africa's economy faces ongoing challenges, with forecasts suggesting growth may remain below 1% this year. Experts ...

Araxi delivers resilient financial performance in software and payments

Edward West|Published

Araxi Limited, previously known as Capital Appreciation, has demonstrated resilience in its half-year results with increased market share and new client acquisitions ...

SA chrome miners reject proposed export tax, blame industry collapse on electricity tariffs

Tawanda Karombo|Published

South Africa's chrome mining sector is pushing back against government plans to impose a tax on chrome ore exports, citing crippling electricity tariffs as the primary ...

FirstRand reports strong first half operational performance, grows earnings

Edward West|Published

FirstRand's latest trading update reveals operational and financial performance tracking in line with expectations, with improved advances growth across South Africa, ...

Tribunal approves Exxaro’s acquisition of Ntsimbintle interests, subject to conditions

Siphelele Dludla|Published

The Competition Tribunal has approved a merger that will see ManganExx, a subsidiary of Exxaro Resources, acquire key mining and marketing interests from Ntsimbintle ...