Business

Business

New York stays ahead of London in top financial centres survey

New York retained the top spot in a survey of global financial centres on Friday, with London strengthening its position in second place just over three months before ...

Business

Lesetja Kganyago: Reserve Bank cuts cannot happen in a vacuum

The Reserve Bank acted quickly and aggressively to support households and firms through the worst of the pandemic and lockdown, Bank governor Lesetja ...

Business

TFG gets tribunal approval to acquire Jet stores

The purchase of Jet stores by TFG has been given the go-ahead by the Competition Tribunal this week, with instructions that it cannot retrench any ...

Business

Structural reforms needed to lift growth, says ...

No amount of monetary policy action can lift SA’s economic performance if structural impediments, such as poor electricity supply, are not dealt with, Reserve Bank governor Lesetja Kganyago says
Business

Tesla shares drop as Elon Musk’s ‘battery day’ ...

Tesla shares slumped in early Wall Street trading as investors and analysts tried to make sense of CEO Elon Musk’s highly technical “battery day” presentation that set lofty targets but was hazy on near-term executio
Business

TFG gets tribunal approval to acquire Jet stores

The go ahead is subject to the clothing retailer not retrenching any Jet employees in the acquired stores in the next ...

Business

Rand reaches three-week low, falling to worse than R17/$

The rand weakened to its worst level in three weeks on Wednesday afternoon, breaching R17/$, as concern about a rise in ...

Business

Value Capital Partners picks up 5.28% stake in Cashbuild

Value Capital Partners (VCP), whose model is to invest then actively engage management to maximise shareholder ...

Business

Nearly one third of Corruption Watch complaints for police bribery

Bribery‚ brutality and abuse of power are some of the key trends uncovered within the police service in the latest ...

Business

Tongaat’s R5.35bn starch unit sale to Barloworld to go ahead

An independent expert has determined that the Covid-19 pandemic has not been sufficient to derail Tongaat Hulett’s ...

Business

Trellidor’s profits plummet after Covid-19 shutters facilities

Fixed-security specialist Trellidor has seen a two-thirds decline in full-year profit after the Covid-19 pandemic ...

Motoring

Ford to invest $1.46bn in Canada plants as part of Unifor union deal

Ford Motor Co will invest roughly R24.55bn in its Oakville and Windsor plants in Canada as part of a tentative deal ...

Business

JSE faces subdued Asian markets amid second-wave jitters

The JSE faces muted Asian markets on Tuesday morning, after a strong sell-off globally as investors consider the ...

Business

Oil prices edge upwards after 4% drop on Monday

Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico ...

Business

Gold steadies as further lockdown worries rise

Gold prices steadied in a tight range on Tuesday, as worries over rising Covid-19 cases across Europe countered ...

Business

Alaris profits tumble by a quarter

AltX-listed antenna specialist Alaris Holdings says profits for its year to end June fell by a quarter as Covid-19 ...

Business

Textainer announces $829m bond programme

Textainer Group, which leases shipping containers, has $829m (R13.9bn) in asset-backed bonds and says it has used the ...

Business

Rand muted as investors digest Covid-19 numbers and possible lockdowns

The rand was little changed on Tuesday as investors digested rising Covid-19 infections in some countries and the ...

Business

JSE heads for sixth consecutive day of losses

The JSE was set for its sixth day of losses on Tuesday morning while global equities were mixed as investors fret about ...

Business

AngloGold more certain on its future after SA mines sale

AngloGold Ashanti expects to fully exit its SA gold by the end of September and, coupled with a handful of its other ...

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