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Business

Property sales slow ahead of poll
Business
/ 25 April 2024

Property sales slow ahead of poll

The uncertainty created by the possibility of a coalition government
is putting people off big-price buys

By Anathi Madubela
BHP makes takeover bid for Anglo American
Business
/ 25 April 2024

BHP makes takeover bid for Anglo American

The proposal entails Anglo significantly lowering its exposure to South Africa by demerging its holdings in beleaguered Anglo American Platinum and Kumba Iron Ore

By Anathi Madubela
Disinflation uncertainty could push interest rate cuts to 2025
Business
/ 23 April 2024

Disinflation uncertainty could push interest rate cuts to 2025

The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures

By Sarah Smit
Africa’s Travel Indaba to boost local economy
Business
/ 23 April 2024

Africa’s Travel Indaba to boost local economy

The travel and tourism trade show that takes place in Durban next month is expected to generate at least R1,2 billion in revenue for local businesses

By Lyse Comins
Struggling mining sector likely to see more job losses
Business
/ 22 April 2024

Struggling mining sector likely to see more job losses

Among the companies that have announced staff cuts are Anglo American and Sibanye Stillwater

By Anathi Madubela
Will Shein’s shine eclipse SA industry?
Business
/ 22 April 2024

Will Shein’s shine eclipse SA industry?

Local clothing manufacturers have been dealt a number of blows in recent years, including the rise of international fast fashion retailers

By Sarah Smit
Banks can’t finance the cannabis industry
Business
/ 20 April 2024

Banks can’t finance the cannabis industry

Once the Cannabis for Private Purposes Bill (tabled five years ago)
is passed, marijuana can be removed from the Drugs Act

By Anathi Madubela
Financial watchdog sinks teeth into Banxso investigation
Business
/ 19 April 2024

Financial watchdog sinks teeth into Banxso investigation

Investors have raised concerns that the parameters of the inquiry appear vague

By Lyse Comins
Durban business confidence up slightly, but electricity and water remain concerns
Business
/ 16 April 2024

Durban business confidence up slightly, but electricity and water remain concerns

The marginal improvement in sentiment has been buoyed by sectors such as manufacturing

By Lyse Comins
South Africa will always feel fuel shocks
Business
/ 11 April 2024

South Africa will always feel fuel shocks

As motorists reel amid higher petrol prices, only two of the country’s oil refineries are operational

By Anathi Madubela
Adaptive leadership will steer SA businesses through tough times
Opinion
/ 10 April 2024

Adaptive leadership will steer SA businesses through tough times

Adaptive leadership involves creative problem-solving, quick adjustment to new plans and a solid grasp of economic conditions around the world and at home

By Frik Landman
Sugarcane farmers ‘living in anxiety’ with industry still in business rescue
Business
/ 9 April 2024

Sugarcane farmers ‘living in anxiety’ with industry still in business rescue

Tongaat Hulett can only exit business rescue once the approved plan is largely implemented or the company is no longer financially distressed

By Anathi Madubela
Ster-Kinekor suffers blockbuster blues
Business
/ 8 April 2024

Ster-Kinekor suffers blockbuster blues

But the cinema group’s chief executive insists that the show will go on as load-shedding abates

By Sarah Smit
WeBuyCars listing: Cruise or crash?
Business
/ 6 April 2024

WeBuyCars listing: Cruise or crash?

The unbundling of the company will help parent, Transaction Capital, pay some of its debts

By Sarah Smit and Anathi Madubela
WeBuyCars CEO on JSE listing: Nothing will halt our growth
Business
/ 5 April 2024

WeBuyCars CEO on JSE listing: Nothing will halt our growth

Faan van der Walt says the used-car seller has a winning formula and can withstand future economic challenges

By Anathi Madubela
How much does bread actually cost?
Business
/ 2 April 2024

How much does bread actually cost?

It’s not a straightforward answer, but Julius Malema should have been able to at least estimate

By Aarti Bhana
Market forces: Inquiry assesses the cause of price fluctuations
Business
/ 1 April 2024

Market forces: Inquiry assesses the cause of price fluctuations

The Competition Commission’s inquiry into fresh produce markets is looking into the efficiency of the markets in terms of safety and food security

By Aarti Bhana
God edition: Faith, fear and the economy
Business
/ 31 March 2024

God edition: Faith, fear and the economy

Economies can be shaped by religion – and vice versa – and the dynamic between faith, politics and economics in Gaza shows what happens to our humanity in the process, writes Sarah Smit

By Sarah Smit
Peanut butter recall: ‘Cheaper brands more the problem’
Business
/ 30 March 2024

Peanut butter recall: ‘Cheaper brands more the problem’

The peanut butter toxin hazard is far from over as the consumer commission announces that nine local suppliers have recalled their products

By Lyse Comins
Former Telkom workers pushed from pillar to post by new employer WNS
Business
/ 29 March 2024

Former Telkom workers pushed from pillar to post by new employer WNS

The outsourced employees are still fighting for their jobs after the Labour Appeals Court ruled in their favour against WNS

By Lyse Comins
Financial crimes watchdog nets R100 million in penalties
Business
/ 28 March 2024

Financial crimes watchdog nets R100 million in penalties

Seventy cases of alleged financial crimes have been referred to the police for further investigation

By Lyse Comins
Life insurers paid close to R600 billion in claims in 2023
Business
/ 28 March 2024

Life insurers paid close to R600 billion in claims in 2023

The data showed that more than half of risk policies bought last year were for funeral cover

By Anathi Madubela
MPC holds repo rate at multi-year high
Business
/ 27 March 2024

MPC holds repo rate at multi-year high

Inflation is now expected to return to the Reserve Bank’s midpoint target at the end of 2025, later than previously forecast

By Sarah Smit
No Nexit with MTN’s fate tied to Nigeria
Business
/ 27 March 2024

No Nexit with MTN’s fate tied to Nigeria

With the country being its largest market, the telecom giant has no choice but to smile through the currency pain, analysts say

By Anathi Madubela
SARB will hold off on rate cuts until July, experts predict
Business
/ 27 March 2024

SARB will hold off on rate cuts until July, experts predict

Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate

By Sarah Smit
More workers brought into labour safety net
Business
/ 25 March 2024

More workers brought into labour safety net

Minister Thulas Nxesi has raised the earnings threshold for employees receiving certain protections under the Basic Conditions of Employment Act

By Lyse Comins
Durban tries to tackle ‘bad’ buildings
Business
/ 24 March 2024

Durban tries to tackle ‘bad’ buildings

Most of the derelict, hijacked and dangerous buildings are privately owned, according to eThekwini metro

By Lyse Comins
Easter chocs may leave bitter taste
Business
/ 23 March 2024

Easter chocs may leave bitter taste

Chocolate products have become more expensive on the back of soaring cocoa prices, but there is not likely to be a shortage

By Aarti Bhana
SAA-Takatso deal to be referred to SIU
Business
/ 21 March 2024

SAA-Takatso deal to be referred to SIU

The parliamentary committee on public enterprises has recommended that the SIU further investigate the matter to ensure accountability and transparency

By Lyse Comins
Continuity is the recipe for success at Woolworths Food
Business
/ 21 March 2024

Continuity is the recipe for success at Woolworths Food

Analysts say the market can rest easy knowing that the popular retailer’s food section is in good hands

By Anathi Madubela
Black industrialists tripped up by market stumbling blocks
Business
/ 21 March 2024

Black industrialists tripped up by market stumbling blocks

Delegates at the Black Industrialist and Exporters Conference complained of bureaucratic processes keeping them from accessing markets

By Anathi Madubela
Steinhoff’s Markus Jooste slapped with R475 million fine
Business
/ 20 March 2024

Steinhoff’s Markus Jooste slapped with R475 million fine

But European executive Dirk Schreiber has entered into a leniency agreement, avoiding a financial penalty

By Lyse Comins
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