Transnet to boost coal, iron ore rail capacity

Plans to increase Transnet's capacity to haul iron ore from mines to ports by 56% over the next seven years are in the works, says CEO Brian Molefe.

Rand tumbles, tipped to hit R8/dollar

The rand tumbled nearly 3% to hit 16-month lows against the dollar as importers piled into the greenback, spooked by a recent trend of sharp declines.

SA stocks reach biggest daily gain in 16 months

State bonds fell and yields climbed as SA's benchmark stocks booked their biggest daily gain in 16 months, breaking a three-day losing streak.

Massmart ready to sacrifice margins for market share

Walmart's SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.

Disappointing annual sales numbers for Shoprite

SA's biggest food retailer Shoprite Holdings saw its shares slide after reporting a 7% rise in full-year sales that fell short of analysts' estimates.

Metalworkers end strike as fuel walkout widens

Tens of thousands of workers ended a two-week pay strike in the South African steel and engineering sector on Sunday.

Wal-Mart bid for Massmart approved, boycott looms

Massmart's shareholders have accepted a takeover by US group Wal-Mart, setting up the world's largest retailer for a potential battle with unions.

Australia blocks Pick n Pay’s exit strategy

Australia's competition watchdog has stopped South African grocer Pick n Pay's sale of Franklins supermarket chain, to prevent creating a monopoly.

Barloworld eyes second-half recovery

Barloworld pointed to a second-half rebound after a sharp fall in first-half earnings, saying it expects to benefit from a recovery in the economy.

Zuma calls for calm after Terre’Blanche murder

SA President Jacob Zuma called for calm on Sunday after the murder of far-right leader Eugene Terre'Blanche fanned fears of growing racial tension.

Woolies protest in Cape Town ‘has minimal impact’

Retailer Woolworths said on Friday that the effects of the day's industrial action at its Cape Town stores had been minimal.

JSE turns higher on world markets

The JSE was higher at noon on Thursday, erasing earlier losses induced by profit-taking as firmer overseas markets stimulated a fresh round of buying.

Press Releases

Obituary: Mohammed Tikly

His legacy will live on in the vision he shared for a brighter more socially just future, in which racism and discrimination are things of the past

Openview, now powered by two million homes

The future of free-to-air satellite TV is celebrating having two million viewers by giving away two homes worth R2-million

Road to recovery for the tourism sector: The South African perspective

The best-case scenario is that South Africa's tourism sector’s recovery will only begin in earnest towards the end of this year

What Africa can learn from Cuba in combating the Covid-19 pandemic

Africa should abandon the neoliberal path to be able to deal with Covid-19 and other health system challenges likely to emerge in future

Coexisting with Covid-19: Saving lives and the economy in India

A staggered exit from the lockdown accompanied by stepped-up testing to cover every district is necessary for India right now

Covid-19: Eased lockdown and rule of law Webinar

If you are arrested and fined in lockdown, you do get a criminal record if you pay the admission of guilt fine

Covid-19 and Frontline Workers

Who is caring for the healthcare workers? 'Working together is how we are going to get through this. It’s not just a marathon, it’s a relay'.

PPS webinar Part 2: Small business, big risk

The risks that businesses face and how they can be dealt with are something all business owners should be well acquainted with

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