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Business News Articles
Rand trades weaker overnight Rand trades weaker overnightDate: 19/09/2019

The South African rand oscillated in anticipation of the US FOMC meeting, which was widely anticipated to result in a rate cut...

Cyril Ramaphosa is mute while SA burns Cyril Ramaphosa is mute while SA burnsDate: 04/09/2019

If President Cyril Ramaphosa is in the habit of listening to breakfast radio, he would not have enjoyed Bongani Bingwa’s show...

Two steps forward, one step backwards for economy Two steps forward, one step backwards for economyDate: 04/09/2019

The economy managed to claw back 3.1% of the 3.2% it had lost in the first quarter of this year...

Gold and Krugerrands attract investors Gold and Krugerrands attract investorsDate: 03/09/2019

The recent good results from gold mining companies have focused the attention on the quiet increase in the gold price...

RCL Foods bruised by tariffs and taxes RCL Foods bruised by tariffs and taxesDate: 03/09/2019

The best RCL can do is focus on factors within its control and keep engaging with the government about policies which restrict...

Ramaphosa to meet Nissan bosses to woo Japanese investors Ramaphosa to meet Nissan bosses to woo Japanese investorsDate: 02/09/2019

The president is in Japan for the seventh Tokyo International Conference on African Development, as Japan views SA...

Women entrepreneurs follow passion to take advantage of the retail market Women entrepreneurs follow passion to take advantage of the retail marketDate: 02/09/2019

South Africa’s rising unemployment rate calls for entrepreneurship as one of the many measures to assist in creating more job...

Aarto Act could see you paying R1,000 for single trip from Joburg to Pretoria Aarto Act could see you paying R1,000 for single trip from Joburg to PretoriaDate: 26/08/2019

Outa says it remains to be seen how Aarto would classify the signs instructing drivers to pay e-tolls to force people to pay...

Eskom in coal price suicide as demand spurs costs Eskom in coal price suicide as demand spurs costsDate: 21/08/2019

The surge in Eskom’s coal price is of the company’s own doing, a senior coal analyst at XMP Consulting, Xavier Prévost, has...

Shoprite earnings take knock on non-SA operations Shoprite earnings take knock on non-SA operationsDate: 21/08/2019

Shoprite’s shares fell to their worst level in more than three years after Africa’s largest food retailer reported a 20% drop...

Rising dam levels in Cape Town to keep tourism and agriculture afloat Rising dam levels in Cape Town to keep tourism and agriculture afloatDate: 20/08/2019

Agriculture, tourism and property sectors were hit particularly badly by the region’s worst drought in 100 years, and...

Clean up your toxic ‘air-pocalypse’, global climate experts tell govt Clean up your toxic ‘air-pocalypse’, global climate experts tell govtDate: 20/08/2019

Mpumalanga is among the worst nitrogen dioxide pollution hotspots in the world, as well as the second-worst global hotspot...

Sasol silently upping greenhouse gas emissions without being noticed Sasol silently upping greenhouse gas emissions without being noticedDate: 19/08/2019

The company has never met its own emissions targets, and shareholders don’t seem to have realised, with some even applauding...

Please Call Me inventor wants more than R10bn Please Call Me inventor wants more than R10bnDate: 19/08/2019

Nkosana Makate, the inventor of Please Call Me, has revealed publicly for the first time that Vodacom offered him a settlement...

Platinum miners take a ‘provocative gamble’ with low wage offers Platinum miners take a ‘provocative gamble’ with low wage offersDate: 15/08/2019

It is almost as if employers like Lonmin are trying to provoke the unions, mining expert Dick Forslund says.

Private schools are thriving in SA Private schools are thriving in SADate: 15/08/2019

Curro and other independent schools are clearly filling a gaping hole left by an overstretched and under-resourced public...

‘Agonising’ says former PIC director of the prolonged corruption probe ‘Agonising’ says former PIC director of the prolonged corruption probeDate: 14/08/2019

A former non-executive director of the Public Investment Corporation (PIC) accused of corruption by an anonymous whistleblower...

Ramaphosa warns infighting will drive investors away Ramaphosa warns infighting will drive investors awayDate: 14/08/2019

President Cyril Ramaphosa has warned that the country’s economy will battle to recover if infighting persists within the ANC

Microsoft introduces security lab to test vulnerabilities Microsoft introduces security lab to test vulnerabilitiesDate: 13/08/2019

Microsoft introduced the Azure Security Lab, a dedicated customer-safe cloud environment, at the Black Hat USA 2019 conference...

SAA may have recorded a loss of more than R9bn in the past year SAA may have recorded a loss of more than R9bn in the past yearDate: 13/08/2019

Many of South Africa’s listed companies will publish their interim or annual results for the period to end June during the next...

Why SA’s employment target is set to fail – expert Why SA’s employment target is set to fail – expertDate: 12/08/2019

South Africa’s manufactured exports have grown far slower than its peers and manufactured exports are well below potential...

Mining output contracts for eighth consecutive month Mining output contracts for eighth consecutive monthDate: 12/08/2019

But seasonally adjusted mining production rose 3.2% in the second quarter of 2019 compared with a contraction in the first...

Steep rise in civil construction tender activity ‘encouraging’ Steep rise in civil construction tender activity ‘encouraging’Date: 07/08/2019

The nominal estimated value of civil construction projects out to tender was up by 38.6% on a year-on-year basis in the second...

Politics essential in restoring confidence in SA’s economic prospects Politics essential in restoring confidence in SA’s economic prospectsDate: 07/08/2019

The corruption and mismanagement that characterised the Zuma presidency sucked the confidence out of the economy, and South...

Rand touches R15 to the dollar as a result of Rand touches R15 to the dollar as a result of 'a perfect storm'Date: 06/08/2019

South Africa’s financial assets were battered yesterday, following another escalation in the trade war between Beijing...

Eskom reports R20.7bn loss for last financial year Eskom reports R20.7bn loss for last financial yearDate: 06/08/2019

This comes after Finance Minister Tito Mboweni last week announced a R59 billion bailout for Eskom from the government...

Petrol price to go up by 11 cents, diesel price to decrease Petrol price to go up by 11 cents, diesel price to decreaseDate: 05/08/2019

The price of diesel 0.05% sulphur will decrease by 13.29 cents and that of diesel 0.005% sulphur will go down by 14.29 cents...

Looming Eskom strike could result in more load shedding Looming Eskom strike could result in more load sheddingDate: 05/08/2019

Eskom senior managers have dragged Eskom to the CCMA demanding the same 4.7% increase that the power utility recently granted...

Sanral to issue road construction tenders worth R40bn Sanral to issue road construction tenders worth R40bnDate: 02/08/2019

South Africa’s crisis-ridden construction industry has received a boost, with the SA National Roads Agency (Sanral) reporting...

Absa PMI climbs to highest in more than three years Absa PMI climbs to highest in more than three yearsDate: 01/08/2019

The index breached the neutral 50-point mark for the first time since December, surprising economists who had expected...



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