Business

Business

Thousands attend funeral of Sudan's last democratically elected PM

Thousands of Sudanese packed into the city of Omdurman on Friday for the funeral of Sadiq al-Mahdi, Sudan's last democratically elected prime minister, who died from the ...

Business

Pepkor reports market share gains as pandemic pressures consumers

Retail group Pepkor Holdings says its focus on discount and affordable clothing has resulted in substantial market share gains during the Covid-19 ...

Business

South Africa descends deeper into junk after fiscal downgrades

South Africa was sunk deeper into junk status on Friday, receiving a double bill of ratings downgrades from both Moody’s Investors Service and Fitch ...

Business

JSE faces mixed Asian markets ahead of Moody’s ...

There is the possibility SA may be downgraded deeper into junk status in ratings decisions later, while sentiment is fragile globally
Business

Oil slips amid demand fears, stimulus deal talks ...

US oil prices slipped on Friday, dropping for a second day as concern mounted about the hit to demand from the surge in Covid-19 infections forcing new lockdowns, but prices were supported by signs of movement on a stimulus deal in Washington
Business

Gold dips on US stimulus uncertainty

Gold prices fell on Friday after US treasury secretary Steven Mnuchin called for an end to some of the Federal ...

Business

Keeping the wolves from the door

“If the Covid-19 tide is threatening to wash away a business, the owner or owners need to sit back, relax, have a cup ...

Business

Nationalising Reserve Bank will create fears and be negative for investment, Treasury says

A private member’s bill has been introduced by EFF chief whip Floyd Shivambu proposing the nationalisation of the Bank ...

Business

SA’s Elon Musk becomes world’s third-richest man

Next time SAA needs a few billion for its bottomless money pit, it could try asking one of SA's most famous sons for ...

Business

WATCH: How infrastructure is at heart of SA recovery​

RMB’s Elena Ilkova talks Business Day TV about the an infrastructure session at the SA investment conference

Business

Tesla jumps $40 billion in value ahead of S&P 500 listing

Shares of Tesla rose 11% before the bell on Tuesday, adding about $40bn to the value of the electric vehicle (EV) maker ...

Business

State pension fund takes R243 billion hit

The Government Employees Pension Fund saw its value decline by more than a tenth for the year to end-March 2020

Business

Old Mutual raises R2 billion in successful bond programme

Insurer Old Mutual, which has recently been beset by weak new business volumes and hefty business interruption claims ...

Business

Box wine leaps to new level

What do a nuclear medicine practitioner, a hedge fund specialist, a biochemist and an actuary have in common? The ...

Business

Ramaphosa could use conference to shift emphasis from public projects

Ramaphosa could use conference this week to shift emphasis away from public projects

Business

New Boardwalk GM sets course for future growth

Tsunke, 42, reported for duty last week, taking over the hot seat from Mike van Vuuren, who retired in October.

Business

Young black women 'are taking over the property market'

Young, black women in their mid-twenties and early thirties are driving the property investment market in the country.

Business

Sun International see strong South African recovery post-lockdown

Casino and gaming group Sun International, which recently fended off a hostile takeover bid as Covid-19 battered its ...

Business

Oil rises as vaccine hopes outweigh poor fuel demand

Oil prices rose on Tuesday as hopes that a Covid-19 vaccine could be on the horizon outweighed the expected negative ...

Business

South Africa’s airline market hots up with holiday competition

Kulula will fly again from December 1 and budget airline Safair slashes ticket prices

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