Business

CANAL+ listing on JSE a historic moment for the bourse

CANAL+ made its Johannesburg Stock Exchange (JSE) debut on Wednesday, becoming the first French company – and the only global media and entertainment group – ever listed on the South African bourse – the biggest in Africa. The shares opened at R58.50 under ticker CNP and had climbed to R58.80 by early afternoon, signalling investor […]

Consumers face double blow as inflation rises and rate fears return

Consumers face double blow as inflation rises and rate fears return

South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

Inside the R1.1bn SA Steel Mills deal now under scrutiny

Inside the R1.1bn SA Steel Mills deal now under scrutiny

Previously unreported affidavits have raised serious questions about the Industrial Development Corporation’s R1.1billion funding to SA Steel Mills, including allegations of weak due diligence, disputed financial records and internal accountability failures that have left more than 1 100 jobs at risk

Absa boosts fuel cashback as petrol prices surge

Absa boosts fuel cashback as petrol prices surge

As petrol and diesel prices climb by more than R3 a litre, Absa has increased its fuel cashback cap and earn rates through its rewards programme, aiming to provide immediate financial relief to South African motorists facing rising transport costs

Solar firm to tackle high electricity costs

Solar firm to tackle high electricity costs

As electricity tariffs continue to rise, squeezing household and small business budgets, a new solar company has entered the market with stokvel and crowdfunding models aimed at making renewable energy more affordable and accessible. Ipeleng Power Solutions (IPS), founded by entrepreneur Ipeleng Mhlanga, 32, launched in Johannesburg this week, offering solar system design, installation, maintenance […]