SA food manufacturers feel the pinch as constrained consumer spening trends down

Tawanda Karombo|Published

Despite the South African Reserve Bank moving its inflation target to 3%, consumers are still feeling the pinch of cost pressures, driving a large portion of them into debt.

IATA warns South Africa over “turning a blind eye” to airlines owed millions in blocked funds

Banele Ginindza|Published

IATA’s newly released global report shows that $1.2 billion in airline revenues remain trapped by governments worldwide, with only a marginal $100 million improvement ...

IMF backs South Africa’s primary surplus drive as key to stabilising soaring debt

Siphelele Dludla|Published

The International Monetary Fund (IMF) endorses South Africa's ambitious budget surplus target, highlighting its importance for stabilising national debt and ensuring ...

HEINEKEN Beverages mulls over next steps after losing court case against striking workers

Siphelele Dludla|Published

The Labour Court in Cape Town has ruled that HEINEKEN unlawfully withheld bonuses from employees who participated in a protected strike, reinforcing workers' rights ...

KAP share price surges 13% as operating profit rises despite economic challenges

Edward West|Published

KAP's share price jumped over 13% following positive financial results for the five months to November 2024, with increased EBITDA driven by improved panel production ...

Shareholders approve Anglo American’s tie up with Teck Resources

Tawanda Karombo|Published

Anglo American's shareholders have approved a merger with Teck Resources, creating a leading global copper producer amid concerns from South African stakeholders. ...

Libstar shares surge 8% after mushroom business disposal and further restructuring

Edward West|Published

Libstar Holdings' share price jumped 8.5% following its announcement to sell off its loss-making fresh mushroom business and potential plans to exit non-food categories. ...

Mr Price's nearly R10bn European acquisition sees share price plunge 13%

Edward West|Published

Mr Price Group has announced its entry into the European market with a R19.6 billion acquisition of NKD Group, causing its share price to drop over 13% as investors ...

Why your power of attorney won't protect you after cognitive decline

Staff Reporter|Published

Many South Africans rely on standard Powers of Attorney to protect their finances, unaware that these documents become invalid once cognitive decline sets in. With ...

Mr Price Group shares plunge 9% following R9.6 billion European acquisition

Edward West|Published

Mr Price Group's shares dropped nearly 10% after announcing its first European venture - a R9.6 billion acquisition of German retailer NKD with over 2,100 stores. ...

4 new laws that could transform the pay landscape

Dieketseng Maleke|Published

South Africa's remuneration landscape is undergoing dramatic transformation through four major regulatory changes. From mandatory pay gap disclosures to universal ...

A beginner’s guide to residency and citizenship by investment: becoming a global citizen

Supplied Content|Published

Discover how South African families are securing their future through residency and citizenship by investment programs. From Portugal and Greece to the Caribbean, ...

HEINEKEN Beverages loses Labour Court battle over withholding bonuses from striking workers

Siphelele Dludla|Published

The Labour Court in Cape Town has ruled that HEINEKEN unlawfully withheld bonuses from employees who participated in a protected strike, reinforcing workers' rights ...

ANC reignites push to broaden Reserve Bank mandate as economic crisis deepens

Siphelele Dludla|Published

The African National Congress has revived its proposal to expand the South African Reserve Bank's mandate, arguing for a focus on unemployment and economic growth ...

Labour urges for permanent solution to avert mass layoffs after Eskom-ferrochrome deal

Banele Ginindza|Published

Cosatu has welcomed a significant agreement between Eskom and major ferrochrome producers to prevent job losses, urging for a sustainable electricity solution to ...

Thungela Resources on track to exceed 2025 coal production targets

Edward West|Published

Thungela Resources on Track to Exceed 2025 Coal Production TargetsThungela Resources expects to exceed its 2025 coal production guidance despite market headwinds, ...

Mahube Infrastructure to delist from JSE following premium buyout offer

Edward West|Published

Mahube Infrastructure has received a buyout offer from renewable energy investors at a 30% premium to its current share price. The R5.50 per share cash offer from ...

Treasury raises R11.8bn in first-ever Infrastructure and Development Finance Bond

Siphelele Dludla|Published

South Africa's National Treasury has successfully raised R11.795 billion through its first Infrastructure and Development Finance Bond, signalling strong investor ...

Merafe Resources extends consultation on ferrochrome smelter crisis until 2026

Edward West|Published

Merafe Resources and Eskom have signed a Memorandum of Understanding extending consultations on electricity pricing solutions for struggling ferrochrome smelters ...

Essential insurance tips for homeowners

Maroba Maduma|Published

As South Africans prepare for festive season travels, home security becomes a critical concern. This comprehensive guide provides essential insurance tips, security ...