Philippa Larkin

Business Reporter Editor

Nedbank's R13.9bn bid to acquire 66% of NCBA Group: A strategic move in East Africa

Philippa Larkin|Published

Nedbank has made a significant move by offering R1.9 billion to acquire 66% of NCBA Group, a leading financial services provider in East Africa. This acquisition ...

Impact of illicit trade: BATSA to shut down cigarette production in South Africa

Philippa Larkin|Published

BAT South Africa (BATSA) is set to close its Heidelberg facility by 2026, impacting over 200 jobs, as the company cites the rise of illicit cigarette trade as a ...

Gold prices drop as investors cash in on profits

Philippa Larkin|Published

Gold prices have dipped to around $4,590 per ounce as investors take profits after a record high, influenced by President Trump's comments on Iran and the Federal ...

MediCheck welcomes reversal of Discovery Health clawback

Philippa Larkin|Published

MediCheck, representing over 1,500 affected members, praises Discovery Health's commitment to fairness by absorbing the costs of a significant claims processing ...

Discovery Health must pay for its mistakes, says MISA

Philippa Larkin|Published

MISA argues that Discovery Health should not shift the financial burden of its errors onto members. What does this mean for the future of medical aid in South Africa? ...

OUTsurance announces secondary listing on A2X Markets

Philippa Larkin|Published

OUTsurance Limited has secured approval for a secondary listing on A2X Markets, with shares set to trade from January 14, 2026. This move not only enhances trading ...

South Africa's wine grape harvest: A promising outlook for 2026

Philippa Larkin|Published

With the 2026 harvest season approaching, South Africa's wine industry is poised for success, buoyed by stable weather and promising crop estimates. Discover how ...

Standard Bank partners with Safaricom to invest R2.4bn in Ethiopia's digital infrastructure

Philippa Larkin|Published

Standard Bank, Africa's largest bank, teams up with Safaricom to invest R2.4 billion in Ethiopia, enhancing digital infrastructure and services, and paving the way ...

PayInc Economic Index remains steady: What does this mean for South Africa's economy?

Philippa Larkin|Published

The PayInc Economic Index remains steady in November 2025, signalling resilience in South Africa's economy despite challenges. Discover how this reflects broader ...

Discovery Bank tops customer rankings: Insights from the latest sentiment index

Philippa Larkin|Published

Discover why Discovery Bank has emerged as the top bank in DataEQ’s South African Banking Sentiment Index, achieving a remarkable 61% Net Sentiment amidst a decade ...

Ezeebit secures $2m funding to enhance cryptocurrency payment solutions in Africa

Philippa Larkin|Published

Ezeebit, a pioneering cryptocurrency payment infrastructure company, has successfully closed a $2.05 million seed funding round to enhance merchant adoption and ...

Eskom finalises MoU with ferrochrome producers to stabilise struggling industry

Philippa Larkin|Published

Eskom has finalised a pivotal MoU with Samancor Chrome and Glencore–Merafe to implement long-term measures aimed at stabilising the struggling ferrochrome sector, ...

Jeep Wrangler and Kia models recalled: What consumers need to know

Philippa Larkin|Published

The National Consumer Commission (NCC) has issued urgent recall notices for 323 Jeep Wrangler vehicles and 18,600 Kia models due to serious safety concerns. Consumers ...

Editor's Note: Can Walmart succeed in South Africa's competitive retail landscape?

Philippa Larkin|Published

Walmart's recent store openings in South Africa mark its entry into a fiercely competitive retail market dominated by established brands like Shoprite and Woolworths. ...

Ivan Saltzman, founder of Dis-Chem, announces retirement from executive role in 2026

Philippa Larkin|Published

Ivan Saltzman, the visionary founder of Dis-Chem Pharmacies, will retire as executive director in 2026 after nearly five decades of transformative leadership, leaving ...

Shipping cartel exposed: Major lines accused of fixing cargo rates on SA trade routes

Philippa Larkin|Published

The Competition Commission has referred a significant complaint against eight major cargo shipping companies to the Competition Tribunal, alleging price fixing that ...

Ithala Bank depositors to get payouts from December 8

Philippa Larkin|Published

The National Treasury announces a significant R2.2 billion payout for Ithala Bank depositors, starting December 8, 2025, bringing hope to over 250,000 customers ...

FMCG demand lifts third quarter retail sales, but tech sector weakens — NIQ South Africa

Philippa Larkin|Published

Discover how South Africa's retail sector thrived in Q3 2025, driven by strong FMCG demand, while the tech market faces ongoing challenges, according to NielsenIQ's ...

Sars refutes claims it is responsible for jet fuel shortage in East London

Philippa Larkin|Published

Did the South African Revenue Service cause a jet fuel shortage in East London? The agency strongly denies these claims, stating that the allegations misrepresent ...

Eskom’s profit surges to R24.3bn as recovery plan boosts reliability and investor confidence

Philippa Larkin|Published

Eskom reports a significant profit increase to R24.3 billion, driven by its successful recovery plan, enhancing operational stability and attracting investor confidence ...

South Africans rally behind Save our Sugar campaign as imports threaten local industry

Philippa Larkin|Published

Over 70,000 South Africans have pledged to support locally produced sugar through the SA Canegrowers’ Save Our Sugar campaign, responding to alarming levels of sugar ...

Sun International criticises Treasury's new gambling tax proposal

Philippa Larkin|Published

Sun International has raised serious concerns over Treasury's proposed gambling tax, warning it could make the industry one of the highest taxed in the world and ...

Transnet settlement casts shadow over former Nedbank CEO Mike Brown’s legacy

Philippa Larkin|Published

Will the Transnet settlement tarnish Mike Brown's legacy as former CEO of Nedbank? This article explores the implications of a R600 million settlement on his reputation ...

Net salaries remained unchanged in October - PayInc Net Salary Index

Philippa Larkin|Published

Discover how South Africa's net salaries remained unchanged in October, as reported by the PayInc Net Salary Index. Learn what this means for consumer spending and ...

FNB sees Black Friday spend topping R3.3 billion as digital payments surge

Philippa Larkin|Published

Discover how FNB expects Black Friday spending to surpass R3.3 billion this year, driven by the rise of digital payments and online shopping. What trends are shaping ...