Add Business Report as a preferred source on Google
Follow Business Report on Google News

JSE seeks appeal against court ruling on Tongaat Hulett former CFO's censure and fine

Edward West|Published

The JSE has applied for leave to appeal a court order regarding the censure and R6 million fine imposed on former Tongaat Hulett CFO Murray Munro, following serious financial misconduct that led to significant accounting irregularities.

Equites Property Fund sells its UK distribution centres for R4.47bn, focuses on South Africa

Edward West|Published

Equites Property Fund has divested its five UK distribution centres for £200.5 million, allowing the company to refocus on its South African portfolio and enhance ...

Dipula Properties reports 20 percent increase in distributable earnings and raises guidance

Edward West|Published

Dipula Properties has reported a 20% increase in distributable earnings for the six months ending February 28, driven by strategic acquisitions and a focus on shareholder ...

Addressing the alarming rise in youth unemployment in South Africa

Nkosinathi Mahlangu|Published

South Africa's youth unemployment crisis has reached alarming levels, with nearly 46% of young people out of work. As the nation approaches Youth Month, the need ...

Pension Funds Adjudicator criticises governance failures in death benefit claim

Dieketseng Maleke|Published

A pensioner’s battle to claim her late son’s death benefit highlights severe governance issues within the Chemical Industries National Provident Fund, as the Pension ...

Nedbank CIB secures R11.5bn financing for Ivanhoe Mines' Platreef project

Edward West|Published

Nedbank Corporate and Investment Banking has arranged a landmark $700 million financing for Ivanhoe Mines' Platreef project, marking a significant investment in ...

Motsepe's African Rainbow Energy takes control of SA's biggest independent renewables group

Edward West|Published

African Rainbow Energy, led by Patrice Motsepe, has acquired an 83% stake in SOLA Group, South Africa's largest independent power company, aiming to enhance the ...

Constitutional Court ruling reshapes tax risk management in South Africa

Willem J Oberholzer|Published

The Constitutional Court of South Africa's recent ruling in Absa Bank Limited and United Towers (Pty) Ltd v CSARS fundamentally alters the landscape of tax risk ...

MTN's share price falls 4.1 percent, warns about economic effects from Middle East conflict

Edward West|Published

MTN's share price fell by 4.1% on the JSE, despite a strong first quarter performance with service revenue up 21.1%. The company is navigating macroeconomic challenges ...

Octodec Investments reports strong growth in distributable income amid strategic realignment

Edward West|Published

Octodec Investments has reported an 11.1% increase in distributable income per share, alongside strategic asset sales and a focus on high-quality properties, as ...

Naspers and Prosus shares drop as CEO warns of reduced iFood earnings in 2027

Edward West|Published

Naspers and Prosus experienced a sharp decline in share prices following CEO Fabricio Bloisi's announcement of reduced earnings for iFood in 2027 due to increased ...

Is your car warranty still valid? 4 signs it's time to consider protection

Keagan Sloman|Published

Discover the four crucial signs that indicate it's time to consider a car warranty, even if your vehicle is currently running smoothly. Protect yourself from unexpected ...

IFC secures additional private capital for Biovac vaccine manufacturing project in Africa

Siphelele Dludla|Published

The International Finance Corporation has announced additional funding for Biovac's vaccine manufacturing project in South Africa, aiming to enhance local pharmaceutical ...

How hedge funds are reshaping investment strategies for smoother returns

Dieketseng Maleke|Published

Explore how hedge funds are emerging as vital tools for investors seeking stability and smoother returns amidst market volatility, as experts discuss the emotional ...

The volatile fuel market: implications of recent price adjustments

Thys van Zyl|Published

Recent errors in fuel price calculations by the Department of Petroleum and Mineral Resources have led to significant adjustments in diesel prices, adding to the ...

Boxer Retail reports strong growth in first year as a listed company, with new jobs created

Edward West|Published

Boxer Retail has reported a robust financial performance in its first year as a listed entity, showcasing significant turnover growth, new store openings, and innovative ...

When the RAF delays your claim, it can't use that delay against you

Nicola Mawson|Published

If the Road Accident Fund sits on your claim and lets it prescribe, a High Court has ruled it cannot then use that delay against you.

Raubex reports 11 percent increase in order book, signalling resilient growth prospects

Edward West|Published

Raubex, a leading South African infrastructure group, reports an 11% increase in its order book, showcasing resilience in a challenging environment. CEO Felicia ...

Balwin Properties reports strong apartment sales growth amidst economic uncertainty

Edward West|Published

Balwin Properties' CEO Steve Brookes outlines the company's robust growth strategy amid economic challenges, reporting a 21% increase in revenue and strong demand ...

What the new earnings threshold means for employers under the BCEA

Carole Ratcliffe|Published

Discover how the recent earnings threshold change under the Basic Conditions of Employment Act affects employer responsibilities and employee protections, and learn ...