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Business

Explainer: Understanding mergers and acquisitions
Business
/ 18 May 2024

Explainer: Understanding mergers and acquisitions

M&A activity in South Africa experienced a sharp decline in 2023 and a rebound in 2024 is only plausible after the elections

By Anathi Madubela
Egypt and Nigeria currency devaluations hurt Vodacom, MTN
Business
/ 16 May 2024

Egypt and Nigeria currency devaluations hurt Vodacom, MTN

Emerging markets will always be susceptible to currency risk, analysts say

By Anathi Madubela
Majodina: Don’t panic, NHI bill can be amended after Ramaphosa signs it into law
National
/ 14 May 2024

Majodina: Don’t panic, NHI bill can be amended after Ramaphosa signs it into law

The ANC chief whip denies the health law is an election ploy as court challenges loom and the DA dismisses it as a ‘populist lever’

By Lizeka Tandwa
South Africa’s tourism arrivals take off
Business
/ 14 May 2024

South Africa’s tourism arrivals take off

The country’s visa waiver schemes with African countries are boosting growth in travel and tourism, says Tourism Minister Patricia de Lille

By Lyse Comins
Unemployment increases for the second consecutive quarter
Business
/ 14 May 2024

Unemployment increases for the second consecutive quarter

The uptick is a result of more people entering the labour market

By Aarti Bhana
Anglo boss says demerging of assets is not in response to BHP bid
Business
/ 14 May 2024

Anglo boss says demerging of assets is not in response to BHP bid

The demergers of Anglo Platinum and De Beers could lead to mine workers losing jobs, Duncan Wanblad said

By Anathi Madubela
Intervention needed to pull steel industry from the brink
Business
/ 12 May 2024

Intervention needed to pull steel industry from the brink

ArcelorMittal SA expects to make a final decision by August on the closure of its long steel operation, which puts 3 500 jobs at risk

By Anathi Madubela
Former Telkom workers’ battle with outsourcing firms rages on
Business
/ 12 May 2024

Former Telkom workers’ battle with outsourcing firms rages on

A labour appeals court order reinstated the employees to their posts after they were outsourced to WNS eight years ago

By Lyse Comins
Online shopping is booming in South Africa
Business
/ 11 May 2024

Online shopping is booming in South Africa

Consumers are increasingly turning to online supermarkets to buy essential goods

By Lyse Comins
Poor weather disrupts global coffee supplies
Business
/ 8 May 2024

Poor weather disrupts global coffee supplies

Your morning cuppa may cost a little more because of heavy rainfall in Brazil and drought in Vietnam

By Aarti Bhana
Tinned fish overtakes chicken as South Africa’s preferred protein
Business
/ 7 May 2024

Tinned fish overtakes chicken as South Africa’s preferred protein

The most affordable protein is dry beans, which cost R0.32 per protein gram, followed by eggs at R0.48 per protein gram

By Anathi Madubela
Nedlac urges business to ensure employees can vote on 29 May
Business
/ 6 May 2024

Nedlac urges business to ensure employees can vote on 29 May

The National Development and Labour Council says this is to ensure the legitimacy of the government

By Aarti Bhana
A strong South Africa Al plan could protect economy – and people
Business
/ 4 May 2024

A strong South Africa Al plan could protect economy – and people

The technology has huge implications for the country and the world. Experts say if South Africa fails to prepare, it will be preparing to fail

By Sarah Smit
Anglo’s Wanblad won’t go easily
Business
/ 2 May 2024

Anglo’s Wanblad won’t go easily

With the prospect of a takeover in sight, Anglo American’s first South African chief executive in 15 years is tasked with unlocking value from the global mining company

By Sarah Smit
SA businesses embrace AI, such as ChatGpt
Business
/ 29 April 2024

SA businesses embrace AI, such as ChatGpt

Most companies are using or plan to embrace the implementation of AI in their business to improve productivity and turnover, a new study reveals

By Lyse Comins
Transnet stands by Durban terminal partner
Business
/ 26 April 2024

Transnet stands by Durban terminal partner

The state-owned entity’s board chair assured the public that a recent court challenge won’t send its privatisation efforts off track

By Sarah Smit
Anglo American rejects ‘unattractive’ BHP bid
Business
/ 26 April 2024

Anglo American rejects ‘unattractive’ BHP bid

The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’

By Sarah Smit
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
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