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Grindrod reports solid operations and special dividend amid market challenges

Edward West|Published

Grindrod, a leading logistics operator in southern Africa, has announced record operational results and a special dividend for the 2025 financial year, despite a drop in share price. CEO Kwazi Mabaso discusses the company's resilience amid geopolitic…

RCL FOODS issues nationwide recall of pet food that may be contaminated with Salmonella

Ashley Lechman|Published

RCL Foods has announced a nationwide recall of pet food due to potential Salmonella contamination, urging pet owners to check their products and return them for ...

Trustco navigates more challenges: High Court ruling staves off bank subsidiary liquidation

Edward West|Published

Trustco Group Holdings successfully defends against a hostile takeover attempt while the High Court of Namibia dismisses a liquidation application for its subsidiary, ...

Toys R Us and Babies R Us appoint Melissa Dempster as CEO to drive growth

Ashley Lechman|Published

Toys R Us and Babies R Us South Africa embark on a transformative journey with the appointment of CEO Melissa Dempster, aiming to enhance the shopping experience ...

Top money habits harming your credit score

Dieketseng Maleke|Published

Discover the everyday money habits that could be silently damaging your credit score and learn practical steps to improve your financial health.

ARM's financial performance: Headline earnings rise amid coal losses

Edward West|Published

African Rainbow Minerals (ARM) reports a 10% increase in headline earnings for the six months ending December 31, driven by strong platinum results, despite challenges ...

Oil price surge from Middle East war raises risks for South Africa’s growth and inflation

Siphelele Dludla|Published

Global oil markets are experiencing significant upheaval due to the ongoing conflict in the Middle East, with Brent crude prices soaring and raising concerns about ...

Why financial preparedness is essential for your peace of mind

Dieketseng Maleke|Published

Discover the importance of financial preparedness and learn practical steps to regain control over your finances, build resilience, and make informed decisions in ...

Understanding the role of unsecured credit in South African households

Dieketseng Maleke|Published

Explore how unsecured credit is becoming a vital financial tool for South Africans, revealing the economic pressures driving its use and the insights from recent ...

Uber South Africa launches support ecosystem for drivers

Banele Ginindza|Published

Uber South Africa has partnered with leading businesses to launch a support ecosystem aimed at enhancing drivers' earning potential, addressing key challenges in ...

Sanlam reports strong growth amid market uncertainties, but warns of declining earnings

Edward West|Published

Sanlam has reported impressive growth in a challenging market, but anticipates a decline in headline earnings per share for 2025, highlighting the impact of corporate ...

East Africa leads continental trade revival as infrastructure, regional integration gain pace

Siphelele Dludla|Published

The latest Africa Trade Barometer reveals significant improvements in trade-enabling infrastructure across key African economies, signalling enhanced business confidence ...

Maintenance backlog and idle locomotives deepen Transnet’s operational crisis

Siphelele Dludla|Published

Transnet, South Africa's state-owned freight and logistics company, is grappling with a severe operational crisis due to a significant maintenance backlog, idle ...

FirstRand CEO discusses South Africa's economic resilience amid global uncertainty

Edward West|Published

FirstRand's CEO, Mary Vilakazi, highlights the positive macroeconomic factors supporting South Africa's economy, as the group reports an 11% increase in earnings ...

MultiChoice pulls the plug on Showmax after strategic review

Tawanda Karombo|Published

MultiChoice is set to discontinue its Showmax streaming service, a move that raises questions about the future of digital content in South Africa and reflects the ...

Moody's warns prolonged Iran conflict could trigger global sector disruptions

Siphelele Dludla|Published

Moody's report highlights the potential global impact of disruptions to Middle Eastern energy flows, warning of increased financing risks and operational challenges ...

Mining job loss row deepens as studies challenge analyst Peter Major’s 500,000 claim

Siphelele Dludla|Published

Mining analyst Peter Major claims that South Africa's mining sector has lost up to 500,000 jobs due to poor governance. However, new research suggests a more complex ...

FSCA warns South Africans about Equity Edge

Dieketseng Maleke|Published

The FSCA has issued a critical warning against Equity Edge, highlighting the dangers of unlicensed investment offers and the rise of financial scams in South Africa. ...

How business tourism fuels Cape Town's economy

Edward West|Published

Discover how business tourism has become a cornerstone of Cape Town's economy, contributing over R745 million in the past year and attracting thousands of international ...

Impala Platinum Holdings rewards shareholders with R3.7 billion payout

Edward West|Published

Impala Platinum Holdings has announced a R3.7 billion payout to shareholders, driven by strong platinum prices and impressive financial performance for the six months ...