Black business defends PIC amid growing criticism of R3.5trln unlisted portfolio

Banele Ginindza|Published

The Black Business Council calls for restraint in public criticism of the Public Investment Corporation as political parties demand increased scrutiny of its governance ...

Building sector sentiment climbs to joint 10-year high, but majority still unhappy with conditions

Siphelele Dludla|Published

South Africa's building sector shows signs of recovery as the FNB/BER Building Confidence Index rises to its highest level in a decade, driven by strong consumer ...

SPAR Group improves performance in the second-half and strengthens its balance sheet

Edward West|Published

SPAR reports a 2.4% year-on-year revenue increase despite challenging economic conditions in South Africa. " The SPAR Group has reported a substantial 40% reduction ...

Nampak reports strong profit growth as turnaround strategy bears fruit

Edward West|Published

Nampak's financial results show impressive growth with attributable profit nearly doubling to R1.2 billion as the packaging group's turnaround strategy takes hold. ...

Capitec expands into SME payments market with R400 million Walletdoc acquisition

Edward West|Published

Capitec Bank Holdings will acquire fintech company Walletdoc for R400 million, strategically positioning itself in the competitive SME payments sector. The acquisition ...

Absa Group shares rise 4.2% following positive trading update

Edward West|Published

Absa Group's shares jumped 3.5% on Monday following a positive trading update that confirmed performance in line with expectations. The bank projects improved ROE ...

Emirates says jet fuel constraints remain a major threat to South Africa’s aviation recovery

Siphelele Dludla|Published

Emirates Airlines highlights the critical jet fuel shortages and infrastructure challenges facing South Africa's aviation sector, urging immediate action to safeguard ...

Trustco rejects Riskowitz Value Funds' hostile takeover bid

Edward West|Published

Namibian financial services group Trustco has rejected a hostile takeover attempt by Riskowitz Value Fund, citing legal, procedural, and governance failings. CEO ...

5 guilt-free ways to avoid the December debt trap this festive season

David Molotsi|Published

The joy of festive spending often leads to January's financial hangover. Financial adviser David Molotsi shares five practical strategies to enjoy the holiday season ...

Italtile reports modest retail growth amid challenging building industry conditions

Edward West|Published

Italtile's latest trading update reveals a modest 1.2% increase in retail turnover, while manufacturing sales declined by 6.2% amid intense competition from low-priced ...

How to protect yourself from financial scams

Helen du Toit|Published

As South Africans prepare for the festive season, scammers are ramping up their efforts with sophisticated impersonation scams and fake investment schemes. Sanlam's ...

Anglo American says committed to SA despite merger with Teck

Tawanda Karombo|Published

Anglo American defends its merger with Teck Resources, asserting its commitment to South Africa amid concerns about asset divestment and future investments.

SA miners feel the squeeze from mining input cost pressures

Tawanda Karombo|Published

South African miners face rising input costs driven by increases in electricity, water, and transportation expenses, as reported by the Minerals Council.

Moody’s flags modest growth outlook and persistent fiscal pressures in SA

Siphelele Dludla|Published

Moody’s Ratings has maintained South Africa’s credit rating at Ba2, highlighting improvements in economic conditions while cautioning against deep structural constraints ...

Ruling on tariff application process ursups Treasury powers, says Nersa

Banele Ginindza|Published

The National Energy Regulator of South Africa (Nersa) expresses concerns over a recent court ruling that affects municipal electricity tariff timelines, potentially ...

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 ...

Run on numbers: the devastating impact of corruption on public health services

Corrie Kruger|Published

South Africa faces mounting challenges in healthcare affordability and governance, with the CMS spending 70% of revenue on salaries while medical aid members struggle ...

Act now: UK state pension rules changing for expats

Dieketseng Maleke|Published

South Africans who once worked in the UK have a limited window to secure affordable access to UK state pensions. From April 2026, costs will rise from R4,000 to ...

Financial strategies for escaping an abusive relationship

Nicola Mawson|Published

As we mark 16 Days of Activism against Gender-Based Violence, new data from Statistics South Africa reveals 60,000 sexual offence incidents involving 44,000 victims ...