Philippa Larkin

Business Reporter Editor

MultiChoice expects improved earnings despite tough trading conditions

Philippa Larkin|Published

MultiChoice warns shareholders of a significant shift in financial performance for the fiscal year ending March 31, 2025, as it faces macro-economic challenges and ...

Road Freight Association clarifies AARTO rollout is not imminent

Philippa Larkin|Published

The Road Freight Association has responded to circulating rumours about the imminent rollout of AARTO, stating that such claims are highly improbable and urging ...

Jubilee Metals receives R1. 6 billion offer for its South African chrome and PGM operations

Philippa Larkin|Published

Jubilee Metals has received a conditional binding offer of up to R1. 6 billion for its chrome and platinum group metals operations in South Africa, enabling the ...

Santam unifies specialist subsidiaries under one brand umbrella

Philippa Larkin|Published

Santam's strategic rebranding initiative aims to enhance operational efficiency and market presence by consolidating its specialist business units under the unified ...

Max Oliva takes the helm as CEO of McDonald’s South Africa

Philippa Larkin|Published

Max Oliva has been appointed as the new CEO of McDonald’s South Africa, effective July 1, 2025, following the departure of Greg Solomon. With over three decades ...

South African business confidence dips in quarter two, signaling economic slowdown

Philippa Larkin|Published

What does the latest dip in South African business confidence mean for the economy? Discover the factors behind the RMB/BER Business Confidence Index's fall in Q2 ...

Amazon South Africa expands product range with Groceries, Pet Food, and Supplements

Philippa Larkin|Published

Amazon South Africa has unveiled an exciting expansion of its product offerings, introducing three new Everyday Essentials categories: Groceries, Pet Food, and Vitamins ...

Urgent call to reopen poultry imports amid supply crisis

Philippa Larkin|Published

The Association of Meat Importers and Exporters (AMIE) urgently calls for the resumption of poultry imports from AI-free countries, including France and Sweden, ...

Bayhead Road upgrade to boost traffic and efficiency at Port of Durban

Philippa Larkin|Published

Transnet National Ports Authority (TNPA) has initiated a six-month rehabilitation project for Bayhead Road at the Port of Durban, aiming to improve road infrastructure, ...

AngloGold Ashanti agrees to sell Mineração Serra Grande mine to Aura Minerals for R1. 4bn

Philippa Larkin|Published

AngloGold Ashanti announces the sale of its Mineração Serra Grande mine in Brazil to Aura Minerals for $76 million, marking a strategic shift in focus towards capital ...

South Africa posts R14. 1bn trade surplus in April, down from March

Philippa Larkin|Published

South Africa's trade balance surplus has decreased to R14. 1bn in April from R22. 6bn in March. What factors contributed to this decline and what does it mean for ...

Scatec wins major battery storage project in South Africa

Philippa Larkin|Published

Scatec has been awarded the prestigious contract for the 123 MW/492 MWh Haru Battery Energy Storage System, a pivotal project aimed at stabilising South Africa's ...

Absa Group strengthens retail and business leadership team

Philippa Larkin|Published

Absa's new leadership team is set to transform retail and business banking, marking a pivotal moment in the bank's strategy for enhanced market competitiveness. ...

Navigating tough times: Huge Group's strategy for sustainable growth

Philippa Larkin|Published

Huge Group outlines its strategy for long-term growth in a challenging economic landscape, revealing insights from its latest annual report.

Godongwana announces three newly Treasury deputy Directors-Generals

Philippa Larkin|Published

Finance Minister Enoch Godongwana has congratulated three newly appointed deputy Directors-General at the National Treasury, a strategic move aimed at enhancing ...

Producer price inflation holds steady at 0. 5% in April

Philippa Larkin|Published

South Africa's annual producer price inflation remains steady at 0. 5% in April, signalling stability in the manufacturing sector. Discover the factors driving this ...

KAP Group CEO Gary Chaplin to step down, Frans Olivier appointed successor

Philippa Larkin|Published

KAP Group announces the departure of CEO Gary Chaplin after 28 years, with Frans Olivier set to lead the company into a new era. This transition comes after a period ...

WEF: Global economy deteriorates significantly amid trade shocks and AI disruption, warn chief economists

Philippa Larkin|Published

The World Economic Forum's latest report reveals a troubling decline in the global economic outlook, driven by volatile trade policies and the disruptive rise of ...

Jubilee Metals advances Zambian sopper strategy with successful Roan trials

Philippa Larkin|Published

Jubilee Metals Group has successfully completed processing trials at its Roan Concentrator, marking a pivotal moment in its Zambian copper strategy. With new supply ...

South Africa’s take-home pay growth slows as interest rate decision sooms

Philippa Larkin|Published

Average take-home pay in South Africa has slowed for the second consecutive month, raising concerns ahead of the SA Reserve Bank's crucial interest rate decision. ...

Ramaphosa heralds a new era of infrastructure development in South Africa

Philippa Larkin|Published

Ramaphosa unveils a transformative infrastructure vision for South Africa at SIDSSA 2025, aiming to drive economic growth and attract investment.

Bidcorp reports 10% rise in earnings per share amid challenging economic conditions

Philippa Larkin|Published

Bidcorp's latest trading update reveals a 10% increase in constant currency headline earnings per share for April 2025, demonstrating resilience against inflation ...

Suzuki Auto South Africa breaks ground on new head office and distribution centre

Philippa Larkin|Published

Suzuki Auto South Africa, in collaboration with Fortress, is set to revolutionise its operations with a new state-of-the-art head office and distribution centre ...

Editor's Note: Cabinet must reform the COFI Bill to protect the right to bank

Philippa Larkin|Published

The COFI Bill presents a crucial opportunity to safeguard against arbitrary bank account closures in South Africa, but without necessary reforms, economic stability ...

Rand remains steady below R18 as dollar weakens due to US trade tensions

Philippa Larkin|Updated

Discover how the South African rand maintains its position below R18 against the US dollar, influenced by US President Donald Trump's trade tensions with Europe. ...