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Prosus to sell remaining stake in Delivery Hero to Uber for around R41 billion

Edward West|Published

Prosus has announced the sale of its remaining 16.8% stake in Delivery Hero to Uber for R4 billion, aligning with regulatory commitments following its acquisition of Just Eat Takeaway. com.

Karooooo reports 18% growth in Cartrack subscribers during its 2027 first quarter

Edward West|Updated

Karooooo's first quarter update reveals an 18% increase in Cartrack subscribers, with subscription revenue growing by 19% and record net additions driving optimism ...

BHP reports record copper and iron ore output amid continuing project investment

Edward West|Published

BHP has reported record production in copper and iron ore for the year ending June 30, driven by effective cost management and strategic growth initiatives. CEO ...

Navigating the new tax regulations for better savings strategies

Thomas Berry|Published

Discover how recent regulatory changes in South Africa can enhance your savings strategy. Learn about increased tax allowances for tax-free savings accounts and ...

How families can build better money habits this July

Melissa Walters|Published

Discover practical tips for families to build better money habits this July during National Savings Month. Learn how to involve children in budgeting and make informed ...

NAACAM urges government to enforce 60% local content in SA automotive manufacture

Edward West|Published

NAACAM calls for the South African government to mandate a 60% local content requirement for automotive manufacturers, highlighting the importance of localisation ...

FSCA launches investigation into PIC following CEO suspension

Edward West|Updated

The Financial Sector Conduct Authority (FSCA) has initiated an investigation into the Public Investment Corporation (PIC) following the suspension of its CEO amid ...

PIC names CFO Batandwa Damoyi acting CEO as governance crisis deepens

Ashley Lechman|Published

The Public Investment Corporation has appointed CFO Batandwa Damoyi as acting CEO following Patrick Dlamini's precautionary suspension as governance concerns continue ...

Standard Bank and Helios Towers partner to boost digital connectivity across Africa

Edward West|Published

As Standard Bank and Helios Towers embark on this promising partnership, they are not only addressing critical business needs but are also championing a movement ...

DRDGOLD's ambitious Vision 2028 plan to boost gold production goes into implementation mode

Edward West|Published

DRDGOLD is poised for a significant transformation as it launches its Vision 2028 initiative, designed to double its gold production capacity and establish sustainable ...

Supermarket Income REIT plans £100 million rights issue to expand portfolio

Edward West|Published

Supermarket Income REIT is set to raise £100 million through a rights issue to acquire nine grocery assets, aiming to double its portfolio size and enhance shareholder ...

The real cost of inconsistent investing

Therese Grobler|Published

Discover how inconsistent investing can undermine your financial future and learn the importance of regular contributions to build wealth over time.

Understanding the emotional impact of rewards programmes

Lianne Booth|Published

Explore the emotional journey of rewards, from the anticipation of earning them to the lasting memories they create, and discover how these experiences influence ...

Richemont's luxury brands drive 20% sales growth, boosting share price by 7,5%

Edward West|Updated

Compagnie Financière Richemont's share price soared by 7.5% on the JSE following a strong first-quarter sales report, with global sales reaching €6.3 billion, marking ...

Governance concerns rise as PIC CEO faces suspension

Edward West|Published

The Public Investment Corporation has suspended CEO Patrick Dlamini amid serious allegations of corruption and maladministration, raising concerns over the governance ...

How to wisely use your tax refund during Savings Month

Craig Whittaker|Published

Discover three practical strategies to make the most of your tax refund during Savings Month, ensuring your financial plan aligns with your current needs.

Tin production and sales soar at Alphamin Resources in the Democratic Republic of Congo

Edward West|Published

Alphamin Resources Corporation anticipates record earnings of $167 million in Q2, driven by increased tin prices and production. Discover the latest updates on their ...

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.