Business Report

New hope for Newcastle as ArcelorMittal defers long steel business wind down

Trump’s second term: A rare opportunity for real African energy independence

NJ Ayuk|Published 1 hour ago

The $4. 7 billion (R86bn) Mozambique loan is just the beginning - a proof of concept for what collaboration with the US can achieve.

The 2025 Budget and the future of renewable energy in South Africa

Avesh Padayachee|Published 3 hours ago

Discover how Finance Minister Enoch Godongwana's 2025 Budget could revolutionise renewable energy in South Africa, with R219. 2 billion earmarked for energy infrastructure ...

Export momentum sees SA automotive sector thriving despite looming US tariffs

Siphelele Dludla|Published 3 hours ago

South Africa's automotive sector demonstrates remarkable resilience with a 31. 1% surge in export sales and 12. 5% growth in domestic vehicle sales, even as it faces ...

Old Mutual's insights on US trade policies and economic headwinds

Philippa Larkin|Published 3 hours ago

Global markets brace for US President Donald Trump's trade tariffs as Old Mutual's Siboniso Nxumalo and Meryl Pick analyse the economic headwinds and investment ...

Ramaphosa endorses Swazi Tshabalala's bid for African Development Bank presidency

Siphelele Dludla|Published 12 hours ago

President Cyril Ramaphosa has officially endorsed Swazi Tshabalala as South Africa's candidate for the African Development Bank presidency, citing her exceptional ...

REVIEW: Regus workspace Willowbridge

Partnered Content|Updated 2 weeks ago

The Regus brand has dominated the global workspace market.

Richards Bay Industrial Development Zone: Aiming to become Africa's energy hub

Partnered Content|Published 3 weeks ago

RBIDZ is poised to attract more than R290 billion in project investments that could transform it into a significant energy hub.

Economists fear crucial budget vote could threaten economic stability as tensions rise

Ashley Lechman|Published 13 hours ago

South Africa's Standing Committee on Finance is set to vote on the fiscal framework, potentially deciding the fate of Finance Minister Godongwana's proposed VAT ...

Rand on backfoot amidst global market jitters ahead of Trump's tariff salvo

Philippa Larkin|Published 13 hours ago

The rand has weakened against the dollar as investors brace for US President Donald Trump's tariff announcements. What does this mean for South Africa's economy? ...

South Africa embarks on independent transmission programme to boost energy security

Siphelele Dludla|Published 13 hours ago

Energy Minister Dr Kgosientsho Ramokgopa has announced a groundbreaking Independent Transmission Programme that will allow private investment in South Africa's electricity ...

Absa Group's leadership shuffle: Executive pay rises amid reputational challenges

Philippa Larkin|Published 14 hours ago

Absa Group's 2024 integrated report reveals a tumultuous leadership shuffle that has raised eyebrows, as interim CEO Charles Russon's pay surged to R35. 47 million ...

Manufacturing sector bracing for further decline amid power woes and US tensions

Siphelele Dludla|Published 15 hours ago

The Absa PMI remained in contractionary territory for a fifth consecutive month, although it improved slightly to 48. 7 in March. Manufacturers expect deteriorating ...

Mondi completes €634 million acquisition of Schumacher Packaging assets

Edward West|Published 16 hours ago

Mondi has successfully acquired the Western Europe packaging assets of Schumacher Packaging for €634 million, enhancing its capabilities and expanding its market ...

Umngeni-Uthukela Water reports sharp drop in profit due to municipalities' unpaid bills

Edward West|Published 16 hours ago

In a surprising turn of events, Umngeni-Uthukela Water saw profits plummet due to municipalities’ unpaid water bills. Explore the latest financial impacts and management ...

Renergen announces successful helium exports and increased LNG production

Edward West|Published 17 hours ago

Renergen reports a 22% increase in LNG production and the successful export of its first helium shipment, while navigating legal challenges and preparing for a Nasdaq ...

Minister Mantashe reveals petrol and diesel price reductions in South Africa

Yogashen Pillay|Published 17 hours ago

Minister of Mineral and Petroleum Resources Gwede Mantashe announces significant reductions in petrol and diesel prices effective from April 2, 2025, attributing ...

SA Revenue Service collects record revenue ahead of Budget vote

Philippa Larkin|Published 18 hours ago

ars has set a new benchmark by collecting R2. 303 trillion in gross revenue for the 2024/25 fiscal year, surpassing expectations just before the crucial Budget vote. ...

Why short-term insurance should be part of your budget

Staff Reporter|Published 18 hours ago

Just as the government must allocate resources carefully to sustain economic growth, individuals must also budget wisely to safeguard their financial futures, and ...

VAT changes ahead: strategies for small business success

Colin Timmis|Published 19 hours ago

It’s worth understanding who pays VAT, how VAT contributes to total tax revenue, and how you as a small business can manage this change.