Business

Business

Tide is slowly turning for distressed SA household finances

2024 could be the first year since 2020 in which the increase in average nominal take-home pay beats inflation

Business

Consumer inflation softens in June: Stats SA

Statistics South Africa found annual consumer price inflation was 5.1% in June, inching down from 5.2% in May.

Business

Tesla margin misses estimates as price cuts and incentives weigh

Tesla's second-quarter margin missed analysts' estimates as price cuts and incentives to spur sagging demand continued to hurt the bottom line while ...

News

Bell delisting ‘won’t change EL ops’

When Irvine Bell, the founder of the family business which changed the face of heavy machinery manufacturing SA, immigrated to then-Natal after WW2, he could hardly have envisioned his company would have a value of billions on the Johannesburg Stock ...
Business

Reserve Bank keeps repo rate steady at 8.25%

The Bank now expects inflation to return to the midpoint of its 3%-6% target band in the last quarter of 2024
Business /

Meetings Africa spurs major economic benefits for SA businesses of all sizes

SPONSORED | The business events industry’s vital role in revitalising the economy is undeniable, highlighting the need ...

News

ECDC export symposium on the doorstep

Excitement is rising as the province gets ready to host its sixth annual Export Symposium on August 21 and 22 at the ...

Business

Capitec expects first-half earnings to be up to 35% higher

An improvement in both the credit impairment charge and credit loss ratios boosted earnings in the first half

Business

Pfizer moves forward with once-daily weight-loss pill

The new drug is part of the second generation of weight-loss pills under development

Business

Autozone in business rescue

AutoZone, one of the largest private automotive parts suppliers in southern Africa, has voluntarily applied for ...

Business

Tesla investors in court bid to ward off record $7bn legal fee in Musk pay case

The amount appears ‘exceedingly disproportionate and outlandish’, Nathan Chiu, a shareholder from New Jersey, wrote in ...

Business

R9m surfs into East London with Waveski world champs

The 10-day World Waveski Surfing Championships, heading for its finale on Sunday at Nahoon Reef, has attracted over ...

Business

Jeff Bezos to sell $5bn worth of Amazon shares as stock soars

The proposed sale of 25-million shares was disclosed in a notice filed after market hours on Tuesday

Business

Implats fends off another illegal strike at Bafokeng mine

Miner obtains an interdict declaring the action by disgruntled contractors unprotected

Business

Santam tosses cat among panelbeating pigeons

Santam’s recent appointment of Filum Ho as its senior procurement consultant has ruffled some feathers in ...

Business

Biden has cancelled eight Huawei licences in 2024, document shows

The licences allowed some companies to ship goods to the Chinese telecom equipment company

Business

Rand loses more ground as traders mull new cabinet

President Cyril Ramaphosa’s executive has received mixed reactions from labour and opposition political parties

Business

Mr Price changes the way it pays staff

Retailer is replacing model of basic salary plus benefits with total cost-to-company remuneration

Business

Rand firms as cabinet announcement quells uncertainty

Local currency firms for third day after president makes long-awaited cabinet announcement

Business

Paul Turnbull takes over as Kia SA CEO from Gary Scott

Turnbull comes from an extensive retail background