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Business

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
Inflation edges up in February, driven by food and transport, among other costs
Business
/ 20 March 2024

Inflation edges up in February, driven by food and transport, among other costs

The consumer price index rose 5.6% year-on-year in February and was at 1.0% month-on-month

By Aarti Bhana
Patel: Broken port system hinders black industrialists
Business
/ 18 March 2024

Patel: Broken port system hinders black industrialists

The trade and industry minister said the country’s logistics and energy problems are standing in the way of new entrepreneurs

By Anathi Madubela
Locals drown in digital nomad wave
Business
/ 16 March 2024

Locals drown in digital nomad wave

Hotspots around the world are struggling to strike the balance between growing their tourism industries and protecting locals’ pockets

By Sarah Smit
Ramaphosa picks Mampho Modise as deputy Reserve Bank governor
Business
/ 15 March 2024

Ramaphosa picks Mampho Modise as deputy Reserve Bank governor

The president reappointed Reserve Bank governor Lesetja Kganyago, as well as deputy governors Fundi Tshazibana and Rashad Cassim

By Sarah Smit
Standard Bank, hit by naira devaluation – but not knocked out
Business
/ 15 March 2024

Standard Bank, hit by naira devaluation – but not knocked out

Despite problems in Nigeria, the bank said it anticipates more growth from its Africa operations

By Anathi Madubela
Former DG wants ‘liar’ Gordhan held accountable for SAA deal
Politics
/ 14 March 2024

Former DG wants ‘liar’ Gordhan held accountable for SAA deal

Kgathatso Tlhakudi said the allegations of an irregular selection process and the undervaluation of SAA assets to unfairly enrich selected ‘oligarchs’ should be spotlighted

By Lizeka Tandwa
SAA sale officially off after disagreement over airline’s value
Business
/ 13 March 2024

SAA sale officially off after disagreement over airline’s value

Negotiations between government and the Takatso Consortium fell apart, leaving the national carrier’s future back in the state’s hands

By Sarah Smit
Rise of the digital nomads: ‘Unbearable’ prices force Cape Town renters out
Business
/ 13 March 2024

Rise of the digital nomads: ‘Unbearable’ prices force Cape Town renters out

High living costs in the Mother City are driving people to other parts of the country

By Anathi Madubela
Austerity extinguishes industrial policy revival
Business
/ 12 March 2024

Austerity extinguishes industrial policy revival

South Africa risks falling behind as much of the rest of the world embraces industrialisation to grow and protect economies

By Sarah Smit
Sibanye-Stillwater: Gold to the rescue amid platinum price crash?
Business
/ 11 March 2024

Sibanye-Stillwater: Gold to the rescue amid platinum price crash?

Having its roots in gold, the diversified mining company has been shielded from the PGM price crash

By Anathi Madubela
Nedbank won’t be crushed by falling interest rates, says chief financial officer
Business
/ 6 March 2024

Nedbank won’t be crushed by falling interest rates, says chief financial officer

Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm

By Sarah Smit
South Africa’s economy narrowly avoids a recession
Business
/ 5 March 2024

South Africa’s economy narrowly avoids a recession

The transport and mining industries were the key contributors to fourth quarter GDP growth

By Anathi Madubela
Petrol prices pump up the pain
Business
/ 4 March 2024

Petrol prices pump up the pain

Motorists are in store for another price hike come Wednesday

By Sarah Smit
Signs point to SA having avoided a technical recession
Business
/ 4 March 2024

Signs point to SA having avoided a technical recession

According to economists, the country’s fourth-quarter GDP numbers will have been buoyed by a winding down of power outages

By Anathi Madubela
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