Money Market with Chris Gibbons

20 December 2024 08:06 / 

Eskom owed billions by municipalities, ACSA apologises for delays and Botswana lifts ban on SA vegetables

19 December 2024 07:35 / 

Discovery and the RAF in major legal dispute, Honda and Nissan merger talks continue, and the US lowers interest rates.

18 December 2024 07:35 / 

Steinhoff 'dirty linen' to be aired today, Nissan and Honda consider a merger, and it's all about the rand on the markets this morning.

17 December 2024 07:44 / 

Patrice Motsepe's Tyme Group raises $250-million , and Bitcoin reaches a record high.

13 December 2024 08:04 / 

Disgraced company Bain & Co trying to make a comeback in SA, and a coalition of concerned healthcare professionals has presented the president with an alternative to the NHI.

12 December 2024 08:06 / 

Inflation is up, a Saudi Arabian group looking to acquire Barloworld, and Musk's Tesla shares reach a record high.

11 December 2024 07:49 / 

Business confidence in South Africa is up, SA rugby receive a fresh equity deal, and FlySafair asks ACSA to refund passengers following 'avoidable' airport delays Monday.

10 December 2024 07:30 / 

SA's latest inflation data out tomorrow, and a boost in China's economy bodes well for South Africa.

09 December 2024 07:34 / 

The SAA pilot strike is over, and Exxaro moves to reassure shareholders following the suspension of CEO Nombasa Tswenga.

06 December 2024 07:49 / 

A bid for commercial rights to the Springboks on the table, chaos as angry passengers left stranded , and McKinsey to pay millions over claims it bribed SA officials.

05 December 2024 07:34 / 

SA Rugby risks collapse, Sassa CEO Busisiwe Memela-Khambula has been suspended, and SAA pilot strike looms.

04 December 2024 07:37 / 

SA's GDP dips, a steep rise in the cost of fuel on the cards, and migration to Gqeberha from major cities in the country on the rise

03 December 2024 07:59 / 

No plans for a BRICS currency, new car sales improve, and Naspers and Prosus post an operating profit.

02 December 2024 07:37 / 

Trump issues a stern warning to BRICS, trouble looms at the Competition Commission, and African Media Entertainment, owners of Algoa FM , report double-digit growth.

29 November 2024 07:58 / 

A 'cracking debut on the JSE' for Pick n Pay spin-off Boxer, Spar declares no dividends for a second year, and the founder and CEO of Airlink to step down.

28 November 2024 07:46 / 

Finance Minister Enoch Godongwana reneges on increase made to public servants, genetically modified maize gets the import go-ahead, and coffee prices continue to soar.

27 November 2024 07:39 / 

A new Integrated Resource Plan for electricity to rely on renewables, a UK retailer buys Sportsmans Warehouse owner, and Life Healthcare delivers a bumper payout for shareholders.

26 November 2024 07:39 / 

Boxer's listing on the JSE a hit, South Africa dubbed 'high risk' by the OECD, and Black Friday looms!

25 November 2024 07:46 / 

More interest rate cuts expected in the new year, global protectionism could be on the rise, and Trump's Treasury Secretary appointment gets the thumbs up.

22 November 2024 08:02 / 

Interest rates drop, SAA Airways posts a positive net profit and a reasonable day for JSE. (Chris Buchanan was standing in for Chris Gibbons)

21 November 2024 07:47 / 

Inflation at a four-year low, Ninety One and Sanlam strike a deal, and the markets still mixed .

20 November 2024 07:40 / 

Sars releases an update on the two-pot retirement withdrawal frenzy, Ramaphosa lays out plans as South Africa takes over the G20 presidency, and Putin's war talk affects the markets. (Chris Buchanan was standing in for Chris Gibbons)

19 November 2024 07:33 / 

Astral Foods shares are up, Telkom shelves plan to sell part of Openserve, and a mixed start to the week for Wall Street.(Chris Buchanan was standing in for Chris Gibbons)

15 November 2024 07:41 / 

A new report exposes dodgy African funds being used to snap up luxury Cape properties, MTN suffers a dismal third quarter, and Santam red flags the two-pot system. (Chris Buchanan was standing in for Chris Gibbons)

14 November 2024 07:39 / 

Numsa to strike at ArcelorMittal over job cuts, carbon emissions for 2024 thwart the goals of the historic Paris agreement, and Elon Musk's support of Trump proves profitable for the South African- born billionaire.

13 November 2024 07:39 / 

Paramount Holdings enters business rescue, South Africa's unemployment rate drops, and MutliChoice battles a tough market.

12 November 2024 07:35 / 

FlySafair license under scrutiny, Woolworths shares surge on the back of across-the-board sales, and pressure on the rand continues.(Chris Buchanan was standing in for Chris Gibbons)

11 November 2024 07:56 / 

South Africa jittery about the US market, Bitcoin hits a record high and global food prices at their highest in 18 months.

08 November 2024 07:41 / 

South Africa impacted as the Lebombo border crossing is closed again and the markets continue to react to Trump's landslide victory. (Chris Buchanan was standing in for Chris Gibbons)

07 November 2024 07:40 / 

The stock markets are up on the back of Trump's landslide victory, but what does his tenure as the 47th president of the USA mean for the South African economy?

06 November 2024 07:58 / 

While the US watches and waits for the outcome of the US election, the markets have reacted positively to Trump taking an early lead. Back home, a delivery service for Home Affairs and Murray and Roberts in difficulty.

05 November 2024 07:58 / 

Goldman Sachs Inc. is more positive about the SA economy than the finance minister, Fitch Ratings considers upgrading the country, and motorists will be paying more at the pump from tomorrow.

04 November 2024 07:41 / 

Car exports take a worrying dive, and the case against billionaire businessman Patrice Motsepe begins in a Tanzanian court today. Motspepe and his associate companies are being sued for just over R3.4 billion.

01 November 2024 07:37 / 

SA's inflation target is not coming down anytime soon, Trade and Industry's Parks Tau talks adjusting BEE rules for foreign-owned businesses, and a weaker market this morning.

31 October 2024 07:40 / 

Muted reaction to yesterday's mid-term budget during which Godrongwna announced that state bailouts are over, and public servants aged 55 to 59 will be able to apply for early retirement

30 October 2024 07:48 / 

All eyes on Finance Minster Enoch Godongwana ahead of the mid-term budget, Shoprite shares rise, and the Competition Commission blocks Vodacom deal.

29 October 2024 07:40 / 

Pick n Pay's CEO says the worst is behind them, South Africa's junk status is easing, and the price of oil drops as the war in the Middle East de-escalates.

28 October 2024 07:32 / 

South Africa's greylisting status improves, the mini-budget is out Wednesday, and the markets predict a Trump victory in the USA.

25 October 2024 07:36 / 

The Reserve Bank Governor calls for a lower inflation target, Clicks reports good growth, and the USA calls for sanctions on Russian exports.

24 October 2024 07:35 / 

Consumer inflation drops, the Hawks arrest diamond investment scamsters, and despite no load shedding, renewable products spike.

23 October 2024 07:32 / 

SAA considers selling Heathrow landing rights, Sasfin to delist, and the dollar strengthened on the back of another possible Trump stint in the White House.

22 October 2024 08:38 / 

Another SA retailer to go into liquidation, Prosus profits are up, and JPMorgan predicts a surge in JSE listings.

21 October 2024 09:25 / 

Embattled Petro SA says its deal with Gazprombank must go ahead, National Treasury looks to tackle climate change, and ICTSI to appeal Durban port interdict.

18 October 2024 08:36 / 

Ramaphosa says government fully supports the country's motor industry, Petro SA's CEO suspended, and Reserve Bank Governor Lesetja Kganyago argues for lowering the inflation target.

17 October 2024 08:12 / 

Saru postpones equity deal meeting at government's behest, the National Prosecuting Authority fines and debars Ralliom Razwinane, and online trading platform Banxso has several accounts frozen.

16 October 2024 07:35 / 

Rugby unions object to the Springboks commercial rights being put up for sale to a United States private equity group, and SARS Commissioner Edward Kieswetter averts the country's jet fuel crisis.

15 October 2024 07:48 / 

Saudi Arabia looking to boost trade with South Africa, Eskom suffers a major setback while the controversial Karpowership deal is 'dead in the water.'

14 October 2024 07:34 / 

Politicians and business leaders pay tribute to former governor of the Reserve Bank,Tito Mboweni, and Consumer Goods Council Chairman, Gareth Ackerman, says South Africa needs to do away with cards and cash. .

11 October 2024 07:32 / 

Inflation could drop by 4% in the coming months, the rise in 'construction mafias' is scaring off investors, and Sibanye Stillwater's financial woes continue.

10 October 2024 07:45 / 

A court has dealt a serious blow to Transent's R11bn deal with a Philippines-based group to manage one of Durban's busiest port terminals. An interdict has been issued highlighting serious flaws in the procurement process.

09 October 2024 07:43 / 

Government discusses ways to decrease fuel prices, the ANC says privatisation no longer regarded as a 'swear word', and the Competition Commission approves Transnet terminal deal.

08 October 2024 07:34 / 

South Africa's citrus disease is under control, a BEE policy directive to be amended to accommodate Elon Musk, and the country's consumers becoming increasingly polarised.

07 October 2024 07:39 / 

Deputy Finance Minister David Masondo in London to attract potential investors, and VW issues its second profit warning in three months.

04 October 2024 08:01 / 

Eskom's proposed massive price hike faces opposition, former Steinhoff CEO sentenced, and oil prices surge.

03 October 2024 07:39 / 

Transnet not yet on track to reach its new target, sentiment about South Africa is improving, and the Reserve Bank Governor says too many in the country are still reliant on cash.

02 October 2024 07:34 / 

Ramaphosa lays out ambitious growth plan, GQ motorists disgruntled over petrol price saga, and Iran's missile attack affects global markets.

01 October 2024 07:28 / 

The Spar Group releases its latest trading update, petrol to drop at midnight tonight, and South African stocks have a particularly strong quarter.

30 September 2024 07:35 / 

Momentum flags 'two pot' withdrawals, Souther Sun renews Golden Mile leases, and stocks tumble in Japan following the election of Shigeru Ishiba as prime minister. (Chris Buccanan was standing in for Chris Gibbons)

27 September 2024 08:00 / 

An overall decline for Barloworld, HSBC to exit South Africa, and the first 'scalp taken' in the Steinhoff saga.

26 September 2024 08:13 / 

Education facing a crisis that will impact foreign investment, Ramaphosa's message in New York is that South Africa has turned ' a corner', and good news on the fuel front.

25 September 2024 07:30 / 

Eskom reveals the hand it wants to play over the next few years, Ramaphoasa meets with Elon Musk, and Brent crude oil edges up.

23 September 2024 07:30 / 

The Government of National Unity marks 100 days in office, Sasol and Eskom to collaborate, and the Vodacom 'Please call me ' saga continues.

20 September 2024 07:47 / 

Good news for consumers as interest rates are dropped - this has a positive knock-on effect on the markets. (Chris Buccanan was standing in for Chris Gibbons)

19 September 2024 07:52 / 

SA's inflation rate takes a welcome dip, does this mean a drop in interest rates? And PIC Chair, David Masondo, resolute on over-prescribed assets.

18 September 2024 07:57 / 

Sereti to retrench a thousand miners, all eyes on the US Federal Reserve Bank today, and expect a drop in the price of petrol and diesel next month.

17 September 2024 07:37 / 

BMW explains worker discontent at its Pretoria plant, Business Leader CEO praises Minister Parks Tau, and Amazon wants staff back in the office.

16 September 2024 08:01 / 

Rating agency Fitch gives a lukewarm response to SA's Government of National Unity, a big week for interest rates, and the NHI Bill and Starlink on Ramaphosa's to-do list.

13 September 2024 07:34 / 

Sibanye-Stillwater to halve output after posting massive losses, a cut in dividends for retailer Truworths, and gold reaches a record high.

12 September 2024 08:03 / 

Transnet breaches loan agreement again, government rejects public service workers pay increase demands, and shares in Anglo-Platinum slump.

11 September 2024 07:53 / 

South Africa could be off the global dirty money list in June of next year, Sanral's woes continue, and could the government's ties with Russia put the country at risk?

10 September 2024 07:47 / 

Finance Minister Enoch Godongwana criticises the collective savings industry, Capitec's success continues, and Elon Musk responds to a South African query about Starlink.

09 September 2024 07:36 / 

SALGA and the Government strike a deal, Caxton announces profit figures amidst economic challenges, and the wrangling over the controversial NHI plan continues.

06 September 2024 07:33 / 

Media24 CEO to step down after nearly three decades at the helm, MTN to probe internal complaints of preferential treatment, and domestic and international flights returning to pre-covid levels.

05 September 2024 07:46 / 

Headline earnings for Woolworth and Cashbuild are down, former Eskom CEO Brian Molefe makes an appearance for the MK Party in the portfolio committee on electricity and energy, and another negative day on the JSE.

04 September 2024 07:39 / 

GDP results released yesterday reveal growth, Checkers to streamline certain markets and expand others, and the stock market experiences one of its worst months yet for the year. (Chris Buchanan was standing in for Chris Gibbons)

03 September 2024 07:30 / 

Losses at Transnet are increasing, the Special Investigating Unit given the green light to probe numerous Gupta-linked Telkom contracts, and a fairly quiet day on the markets.

02 September 2024 07:31 / 

Plettenberg Bay's airport to get an upgrade, Enoch Godongwana says the new cabinet has boosted investor confidence, and we look ahead to the release of the latest GDP.

30 August 2024 07:42 / 

Another boost in the fight against inflation, the PPI for electricity and water rises and SA's Kumba to invest billions more in its iron ore processing project.

29 August 2024 07:37 / 

Ramaphosa addresses Business Unity SA's AGM, on the markets, all eyes on USA microchip maker Nvidia, and Johann Rupert's net worth surges.

28 August 2024 08:18 / 

The auditor general issues a damning report on the country's metros and municipalities, Naspers predict huge growth for digital platforms, and Pick n Pay's woes continue.

27 August 2024 07:42 / 

The country could face a load-shedding-free summer, Ramaphosa shifts things around - will it help state-owned enterprises achieve economic viability?

26 August 2024 08:14 / 

Drama behind the scenes over the tender for the National Lottery , the Producer Price Index to be released this week, and some relief at the pumps soon.

23 August 2024 07:43 / 

The schism between government, business and health officials widens over the NHI and Stats SA admits its crucial consensus for 2022 is not accurate.

22 August 2024 07:37 / 

Stand by for a likely cut in interest rates, Heineken applies for an interdict over a strike at its EC plant and a record high on the JSE.

21 August 2024 07:40 / 

Qatar Airways buy a stake in Airlink, HSBC considers selling off its South African Business assets, and Sasol shareholders disappointed as the energy and chemical giant shows a disappointing mid-year loss.

20 August 2024 07:37 / 

Absa CEO Arrie Rautenbach takes early retirement, MTN reports a negative mid-year profit, as does South Africa coal exporter Thungela.

19 August 2024 07:39 / 

A showdown looming between South Africa and the European Union, and a big week ahead as many of the world's central bankers prepare to meet.

16 August 2024 07:40 / 

Multiple health bodies refuse to sign Ramaphosa's Health Compact, Standard Bank puts its talks with the Bank of China on hold, and Exxaro reports mid-year losses.

15 August 2024 07:46 / 

The latest SA business confidence index shows some positivity, Showmax and Capitec Bank enter into a partnership deal, and an interest rate cut in the US a firm likelihood.

14 August 2024 07:33 / 

The unemployment crisis worsens, a drop in mining production adds to our woes, and a drop in interest rates could be on the cards for the USA.

13 August 2024 07:38 / 

The electricity minister says an end to load shedding is in sight, Sasol shares dropped after it said it would report a massive net loss, and local logistic issues hit Super Group's earnings.

12 August 2024 07:45 / 

The Paris Olympics delivers a "gold medal" performance, and a lack of financial support the reason smaller nations brought home more medals than SA.

08 August 2024 07:42 / 

Impala Platinum Holdings' upcoming financial results point to a full-year loss, and Glencore Plc abandons plans to exit its profitable but polluting coal unit citing shareholders pushing back against the move.

07 August 2024 07:50 / 

The country's municipalities owe Eskom billions, Sasfin hit with a massive fine, and a measure of calm returns to the markets.

06 August 2024 07:35 / 

Renewed volatility on the markets, Pick n Pay's rights offer oversubscribed, and fuel prices to drop at midnight.

05 August 2024 07:26 / 

Global markets are in turmoil, worries of a full-scale war in the Middle East intensify, and the markets react accordingly.

02 August 2024 07:49 / 

A big jump in ABSA's Purchase Manager's Index, new vehicle sales are up and Bloomberg's latest Braai Index brings good news.

01 August 2024 07:31 / 

Woolworths headline earnings drop, instrument air navigation still suspended at smaller SA airports, and the US Federal Reserve Chair hints at a possible drop in interest rates.

31 July 2024 07:39 / 

The Reserve Bank Governor expresses concern over the country's debt, the US agrees to revive a vital trade agreement with SA, and Shoprite Checkers shows impressive sales growth.

30 July 2024 07:31 / 

French company TotalEnergies has confirmed it will exit its major gas discoveries off the coast of South Africa, and electricity minister Kgosientsho Ramokgopa is in favour of grid access rules that favour either private or public processes.

29 July 2024 07:31 / 

South Africa renews vital trade pact with the USA and Deputy President Mashatile says he is open to revisiting the sale of SA Airways.

26 July 2024 07:39 / 

Anglo-American suffers a mid-year loss, SA's business lobby group calls for the reviving of state-run port, water and power networks, and Busisiwe Mavuso calls for the NHI to be scrapped.

25 July 2024 08:06 / 

SA's consumer inflation rate has taken a slight dip, the Gauteng High Court deals a blow to the proposed NHI scheme, and investors back off from the promise of Artificial Intelligence.

24 July 2024 07:41 / 

Ramaphosa signs the Climate Change Bill into law, is the DIY and renovation market taking an upward turn? And no improvement from Anglo American subsidiary, Kumba Iron Ore.

23 July 2024 07:48 / 

Sasol's share price is up, as is Mr Price , and French media group Vivendi plans to list Canal+ on the London Sock Exchange.

19 July 2024 07:38 / 

Ramaphosa wants to turn SA into a "construction site" to boost economic growth, Transnet secures a massive loan, and the NPA dismisses a claim by directors of the Gupta-linked Regiments Capital.

18 July 2024 07:43 / 

South Africa's dysfunctional visa system threatens economic growth, Parliament officially opens today, and Trump's remarks affect the markets.

17 July 2024 07:35 / 

The SIU give the green light to investigate the Nelson Mandela Bay Municipality, Home Affairs makes inroads into the visa backlog, and Bitcoin flies on the back of Trump's nod of approval.

16 July 2024 07:38 / 

SA is planning a mission to the US over bilateral ties, the new energy regulator approves Eskom's bid for a license for Koeberg Unit 1, and the markets react to the Trump assassination attempt.

15 July 2024 07:36 / 

Foreigners buying SA bonds on the increase, the dollar remains unchanged despite the Trump assassination attempt, and the new cabinet gets its first briefing from Finance Minister Enoch Godongwana.

12 July 2024 08:05 / 

A surprising drop in US inflation figures, SAMWU gets a 7 per cent increase for water sector workers, and NUMSA calls off strike after bonus victory.

11 July 2024 07:37 / 

Transnet's woes continue, Pick n Pay's plan to restore profitability goes ahead, and Rise Mzansi's Songezo Zibi elected to pivotal role.

10 July 2024 07:33 / 

Transnet suspends operations at several ports, Shell has a new drilling destination, and Eskom resumes load reduction.

09 July 2024 07:36 / 

Extreme weather causes shipping delays, Ramakgopa wants to embark on an 'ultra-aggressive" renewable energy programme, and Autozone goes into business rescue.

08 July 2024 07:30 / 

The country passes the 100-day mark of no load shedding - but at what cost? Ramakgopa wants approval to build a new nuclear plant, and despite conflicting reports, TotalEnergies says it's not exiting SA.

05 July 2024 07:53 / 

Temporary visa concessions granted to foreign nationals, SAA to extend destinations, and the pound has yet to react to news of Labour's victory as Keir Starmer readies to move into 10 Downing Street.

04 July 2024 07:43 / 

Dominating economic headlines - TotalEnergies SE plans to walk away from South Africa's giant gas fields near Mossel Bay.

03 July 2024 07:56 / 

NUMSA readies for an indefinite strike at Ford, the US imposes sanctions on Oudtshoorn flight school, and investors still nervous about the fragility of the political landscape.

02 July 2024 07:30 / 

Absa's Purchasing Manager's Index at its highest since 2022, the markets react to the new cabinet, and Air France says summer traffic to France has slowed due to the Olympics.

01 July 2024 07:39 / 

Politics trumps economics - the rand reacts to the new cabinet, France's Marine Le Pen's Far Right takes the lead in their election race, and will the Democrats keep Trump out of the White House?

28 June 2024 07:58 / 

SA has achieved its first primary surplus budget in 15 years but it's not all good news, ABSA's share price slumps, and the rand tumbles as the DA threatens to pull out of the government of national unity.

27 June 2024 07:42 / 

Another ex-Steinhoff big shot arrested in Pretoria, the Reserve Bank must prove its ability to achieve its inflation target, and the government of national unity must bring meaningful change if it wants the support of business says CEO Neal Froneman.

26 June 2024 07:35 / 

Some 67 000 jobs lost in the first quarter of the year, Capitec launches a new life cover product, and a drop in the price of petrol on the cards.

25 June 2024 07:39 / 

Naspers has more than doubled its core headline earnings per share, and Takalot takes a dig at online fast fashion giants Shein and Temu.

24 June 2024 07:44 / 

Transnet moves on one of its most senior officials, and extreme weather effecting insurance premiums in SA.

21 June 2024 07:34 / 

Eskom wins its appeal to keep 5 highly polluting coal plants running until 2030, and Sasol wins the first round of its legal battle with Transnet.

20 June 2024 07:43 / 

SA's inflation rate has stayed level, all eyes are now on the formation of the new cabinet, and government has set a target to come up with a plan to dismantle the ban on rhino horn trade.

19 June 2024 07:56 / 

The JSE and rand are up again on the back of the government of national unity, JP Morgan up lists South Africa, and Nvidia becomes the world's most valuable public company.

18 June 2024 07:51 / 

The rand continues to soar on the back of the ANC and DA government agreement, and Coega's Eastern Cape Special Economic Zone attracts the interest of China.

14 June 2024 08:05 / 

Mercedes Benz EL to retrench staff, Media24 says it has not yet decided to close certain iconic publications, and all eyes on parliament ahead of today's groundbreaking meeting.

13 June 2024 07:34 / 

Is MultiChoice technically insolvent? Spar well up as it finds a buyer for its Polish unit, US inflation cools and interest rates remain unchanged.

12 June 2024 07:37 / 

SA's Business Confidence Index falls dramatically, and the Appeal Court overturns a cyber crime ruling sending a clear message to all of us.

11 June 2024 07:39 / 

SA ports challenge 'worst in the world' report, NMB's Business Chamber launch 'think tank' initiative to rescue the bay, and government move on Shein and Temu.

10 June 2024 07:35 / 

VW Group SA CEO says power shortages are limiting the company's ability to expand in the country, Afriforum is looking to interdict the National Energy Regulator and watch out for higher airfares.

07 June 2024 07:46 / 

A stern warning to politicians from the Reserve Bank Governor, Sanlam CEO Paul Hanratty extends his term, and the ECB lowers interest rates for the first time in 5 years.

06 June 2024 07:42 / 

The rand continues to bleed as political uncertainty rages on, Sport, Arts and Culture Minister Zizi Kodwa has his day in court, and NGO the Green Connection 'vindicated' over Karpowership deal.

05 June 2024 07:43 / 

SA Stats report bleak outlook, Multichoice gives Canal+ deal the thumbs up, and all eyes on the rand amidst coalition negotiations.

04 June 2024 07:37 / 

Shell loses latest bid to explore for oil and gas off SA's west coast, Kuban Naidoo joins Investec, and Cosatu makes known its continued support of Ramaphosa.

03 June 2024 07:43 / 

The markets, the rand and the business community are on edge as the country awaits election results, and five months into the year, where do we stand?

31 May 2024 08:05 / 

A sharp dip for the JSE and the rand as voting results come in, retailers and insurers are also not happy, and the Reserve Bank leaves the repo rate unchanged.

30 May 2024 07:40 / 

The BHP mega-deal for Anglo is over, talks between Nedbank and Transnet over Gupta-linked deals collapse, and on the markets, no JSE due to voting day.

28 May 2024 07:45 / 

No word yet on the BHP deal, a major leadership shape up for Pick n Pay together with a financial revamp, and Solidarity becomes the first union to challenge the NHI Bill in court.

27 May 2024 07:38 / 

The government seals deal to buy the Sapref refinery from Shell and BP, all eyes on Wednesday's election battle, and will interest rates be lowered come Thursday's Reserve Bank meeting?

24 May 2024 07:53 / 

Stats SA release figures showing an alarming increase in households surviving on social grants, and Trade and Industry Minister Ebrahim Patel to exit government after a fifteen-year tenure.

23 May 2024 07:35 / 

The BHP bid is back in play, no interest rate likely despite a slight drop in consumer inflation, but a decent drop in fuel prices could be on the cards.

22 May 2024 07:50 / 

Coronation fund managers to pay an interim dividend, the fight to save Transaction Capital continues, and a 50 per cent spike in doctors and nurses wanting to emigrate.

21 May 2024 07:54 / 

PetroSA says the Gazprom Unit Deal has moved to the feasibility stage, Implats finalises massive BEE deal, and Eskom to retain three coal-fired power stations.

20 May 2024 07:30 / 

S&P leave SA's foreign currency rating unchanged, Naspers and Prosus appoint a new CEO, and will BHP make another offer to Anglo American?

17 May 2024 07:33 / 

Eskom's 100-year monopoly of the market is on the way out , NAMPAK to exit Nigeria, and the rand gains against the US dollar.

16 May 2024 07:30 / 

The NHI Bill is signed into law against major opposition, analysts have their say over BHP's bid for Anglo American, and the price of fuel to drop come June.

15 May 2024 07:35 / 

Ramaphosa to sign the controversial NHI Bill into law, Anglo American unveils a radical restructuring plan, and unemployment up 1 %.

14 May 2024 07:34 / 

Anglo American rejects BHP's latest offer, Eskom's energy availability factor reaches 70 %, and Telkom has restored its network after a massive service interruption.

13 May 2024 07:38 / 

BHP continues its bid for Anglo American, Shell outlines its exit plans, and ahead of us this week, US inflation figures.

10 May 2024 07:53 / 

An end to load-shedding predicted by Business for SA, Takealot hits back at Amazon with a new service, and Apple apologises for its latest TV ad.

09 May 2024 07:34 / 

Excellent results from SA Breweries, Canal+ increases its stake in MultiChoice, and Trade and Industry says the economy has suffered a loss of R850bn due to six "successive shocks".

08 May 2024 11:06 / 

A court battle is unfolding over Durban's container port, Amazon has launched its South African marketplace, and Emirates issues a stern warning to Boeing.

07 May 2024 08:06 / 

Shell confirms its exit from downstream business in SA, French bank BNP Paribas quits Mzansi, and BHP's ambitious bid for Anglo American puts South Africa and the mining sector on the spot.

06 May 2024 07:44 / 

Loadshedding to remain suspended due to a sustained improvement in generation performance and a reduction in unplanned outages, and Shell could exit South Africa amidst a BEE fallout.

03 May 2024 07:39 / 

Some good news, the Absa Purchasing Managers' Index (PMI) has bounced back, new car sales figures get an uptick, and BHP forges ahead with its bid to buy Anglo American.

30 April 2024 07:36 / 

Fewer power cuts boost Astral's share price, and the forensic investigation into allegations of governance breaches at Saipa has been completed. (Chris Buchanan was standing in for Chris Gibbons)

29 April 2024 07:44 / 

A Cape Town attorney has launched a High Court bid to declare the RAF, its chair and CEO delinquent, BHP ups its offer to buy Anglo American, and Impala Platinum could axe up to 3,900 jobs.

26 April 2024 08:08 / 

BHP's shares fell 4% after its 'opportunistic' bid for Anglo American, and a massive blow to Pravin Gordhan as the botched SAA deal is referred to the Special Investigating Unit.

25 April 2024 07:37 / 

Anglo American receives a buyout proposal from BHP, and Transnet is looking for liquid bulk precinct partners at the Port of Cape Town.

24 April 2024 07:34 / 

A clear warning from the Reserve Bank, Sasol shares tumble, and Capitec may open twenty more branches across South Africa.

23 April 2024 08:13 / 

Aspen could help to ease a global supply crunch in obesity medications, the FSCA says 4 000 employers are sitting on pension fund contributions, and Discovery embraces the ability of puppies to reduce employee stress.

22 April 2024 07:42 / 

The government looks to minority investors for SAA, Cape Town to get three new flights from London a week, and the IMF names SA as Africa's largest economy.

19 April 2024 07:42 / 

Trade Minister Ibrahim Patel approves the keeping of anti-dumping duties on frozen chicken imports from the US, and the markets react following Israel's retaliatory attack on Isfahan in the early hours of the morning.

18 April 2024 07:48 / 

Some good news - consumer inflation is down but interest rates are not likely to follow suit, and South Africa is losing its dollar millionaires.

17 April 2024 08:21 / 

A major boost for Kariega by VW Group Africa, the IMF forecast for South Africa is bleak, and the markets are still dealing with concerns following Iran's attack on Israel.

16 April 2024 07:54 / 

SA takes a preliminary step to file a complaint against the World Trade Organisation, Samsung regains its crown as the number one smartphone maker, and a fair degree of nervousness on the markets due to Iran/Israeli hostilities.

15 April 2024 07:37 / 

ACSA refers Nedbank to the SIU, an important week ahead for inflation data, and the markets seem to have taken Iran's attack on Israel in their stride.

12 April 2024 07:51 / 

Bloomberg predicts interest rates will remain unchanged for the foreseeable future, Sibanye-Stillwater looks to shed jobs, and embattled Ellies Electronics thrown a lifeline.

11 April 2024 07:43 / 

The latest inflation figures in the US affect the rand/dollar exchange rate, Ellies to go into liquidation, and victory in the Johannesburg High Court for plant-based food products.

10 April 2024 07:53 / 

Home Affairs Minister Aaron Motsoaledi to withdraw the new work visa regulations he gazetted on March 28, and the most valuable brands survey results are revealed.

09 April 2024 07:43 / 

Following the Takatso deal's collapse, SA Airways is looking to hire five permanent top positions, and Canal Plus makes a mandatory offer to buy outstanding shares in MultiChoice.

08 April 2024 08:19 / 

Eskom plans to decommission and repurpose three coal-fired power plants later in the year, and Sanlam is set to hike its stake in India's Shriram General Insurance. (Chris Buchanan was standing in for Chris Gibbons)

05 April 2024 07:30 / 

Harmony Gold strikes an historic wage deal,the Competition Commission goes after Microsoft, and a good day on the JSE.

04 April 2024 07:45 / 

New vehicle sales are down, SA policymakers in talks on lowering the inflation target, and the Post Office has begun issuing retrenchment letters.

03 April 2024 07:33 / 

Some good news for SARS, Blue Label Telecoms gets the green light to take a controlling stake in Cell C, and could things be turning around at Transnet?

02 April 2024 07:47 / 

Eskom on track for another R20 billion rand loss due to declining sales, and on the markets, we're at the beginning of a new quarter.

28 March 2024 07:40 / 

The Reserve Bank keeps the repo rate on hold, Old Mutual to enter the highly competitive banking market, and the rand slightly firmer. (Chris Buchannan was standing in for Chris Gibbons)

27 March 2024 07:44 / 

The Spar Group reports strong sales growth in the SA market, concern over crops forecast by the government crops estimates committee, and chocolate prices set to soar. (Chris Buchanan was standing in for Chris Gibbons)

26 March 2024 07:46 / 

Some important developments at Eskom, German software giant SAP to hand over R500 million for questionable Eskom contracts, and Boeing announces management reshuffle.

25 March 2024 07:58 / 

ICTSI's takeover of Durban's key port terminal now expected mid-year, Discovery to move into the home loans market, and SAA is reported to be offloading budget carrier Mango.

22 March 2024 07:43 / 

Former Steinhoff CEO Marcus Jooste has shot himself, the Reserve Bank will probably hold interest rates next week, and FNB freezes Jacob Zuma's bank account.

20 March 2024 07:42 / 

Remgro's headline earnings drop considerably, AngloGold posts a drop in 2023 output, and Dr Anthony Turton warns that Johannesburg's water system is on the verge of collapse.

19 March 2024 07:45 / 

Disappointing results from coal producers, Thungela Resources, Outsurance reports a slight increase in interim dividends, and Japan raises interest rates for the first time in 17 years.

18 March 2024 07:37 / 

A massive week for central banks globally, SA's Reserve Bank Governor granted another five-year term, and Woolworths given the green light to buy Absolute Pets.

15 March 2024 07:38 / 

Standard Bank delivers excellent results, Woolworths Food gets a new CEO, and retailer Spar decides to exit Poland.

14 March 2024 07:41 / 

The deal to sell SAA to a private consortium has fallen through, a senior US official says South Africa lacks the political will to solve its energy crisis, and WeBuyCars to list separately on the JSE.

13 March 2024 07:48 / 

SA's electricity minister expects to be out of a job by the end of the year, bad news on the inflation front, and analysts predict the closure of some Pick n Pay stores.

12 March 2024 07:49 / 

Absa delivers disappointing results, South African accountants are looking for better-paying jobs overseas, and Bitcoin hits another record high.

11 March 2024 07:31 / 

Could the sale of SAA be about to crash land? ; all eyes are on the US ahead of the release of their latest inflation figures tomorrow, while the latest SA mining numbers will be made known Thursday.

08 March 2024 07:48 / 

Pravin Gordhan announces his retirement from politics, after a wait of eight years the BAIC car plant in Coega is up and running, and Sanlam delivers some excellent results.

07 March 2024 07:44 / 

Government and business set an electricity generation target, competitors question Safair over breach of ownership laws, and the sale of SAA in the spotlight as parliament’s legal adviser insists there was nothing untoward in the deal with Takatso.

06 March 2024 07:54 / 

South Africa has "only just" dodged the recession bullet, Shoprite delivers an increase in market share, and Canal+ raises its bid for MultiChoice.

05 March 2024 07:44 / 

Today's the day to fill up the car if you need to, Bloomberg’s 'braai' index shows an average price rise of 2.5%, and Elon Musk is dethroned as the world's richest person.

04 March 2024 09:16 / 

February was a mixed one for SA's car industry, MTN's market share is down, and the JSE is now officially the worst-performing emerging market stock exchange in the world.

01 March 2024 07:39 / 

Some very decent half-year figures from First Rand Bank, the average South African consumer is battling, and Petro SA finally has a new CEO.

29 February 2024 08:05 / 

Transnet veteran Michelle Phillips announced as the company's new CEO, petrol and diesel to increase, and Canal+ ordered to make a mandatory offer to MultiChoice shareholders.

28 February 2024 07:38 / 

Fitch Ratings critical of National Treasury's financial projections, SARS lays a R4.87 billion claim against Sasfin, and a dismal day on the JSE.

27 February 2024 07:58 / 

A dismal start to the week for Sasol, investment professional Langalezwe Madonko resigns from Summit Africa after admitting to having fake academic qualifications on his cv, and a soft start to the week on the JSE.

26 February 2024 07:44 / 

National Treasury could lower SA's inflation target, and the massive growth of artificial intelligence brings AI's impact on climate change under scrutiny.

23 February 2024 07:57 / 

Pick n Pay plans to list its discount grocery store, AI chip maker Nvidia announces record sales, and the rand continues to drop.

22 February 2024 07:40 / 

Gibbons gives a concise report on Finance Minister Enoch Godongwana's 2024 budget - a budget that hits individual taxpayers hard in its efforts to meet the R15 billion revenue shortfall.

21 February 2024 07:58 / 

Anticipation ahead of today's budget as unemployment figures rise to a shocking 7.9 million, this as Kumba announces massive job cuts, we do know that the R350 grant for the unemployed is to be increased - where will the money come from?

20 February 2024 07:36 / 

Stand by for another tax increase in tomorrow's budget, Amplats to lay off thousands, and the Special Investigating Unit given the go-head to probe dodgy Prasa contracts.

19 February 2024 07:30 / 

Interest rates not expected to fall anytime soon, and the Water and Sanitation Department looks for private companies to build hydropower plants and solar power facilities in the Eastern Cape.

16 February 2024 07:55 / 

Big increases in fuel prices on the cards, the budget could bring some unpleasant surprises, and the country contemplating a loan from the European Investment Bank to assist in its decarbonization process.

15 February 2024 07:37 / 

South Africa's state enterprises continue to rack up staggering losses, Heineken shares slide, and Japan slips into recession, losing its status as the world s third-largest economy.

14 February 2024 09:42 / 

A study has outlined the worrying concern of the effects of coal mine closures on communities in South Africa, and the US Federal Reserve Bank's latest inflation rates impact South Africa negatively.

12 February 2024 07:42 / 

Allan Gray worried about SA and its "watershed moment", load-shedding should drop to stage 4 midweek, and Sanlam given the green light to buy Bacher.

09 February 2024 07:53 / 

Some good news for citrus growers, steel producer ArcelorMittal reports headline share losses, and a brief look at SONA.

08 February 2024 07:42 / 

Volkswagen to invest millions in solar energy to counter load shedding, and Markus Jooste's rumoured ex-girlfriend loses her bid to appeal the blocking of suspected ill-gotten gains.

07 February 2024 07:43 / 

Vodacom loses appeal over 'please call me ' claim, orders the communication giant to make a big payout, and petrol and diesel to rise sharply.

06 February 2024 07:48 / 

Harvard’s Hausmann blames SA’s ‘lousy’ economic performance on the lack of electricity, Ramaphosa agrees but cites logistic issues as an additional factor, and MultiChoice rejects buy-out offer from Canal+.

05 February 2024 07:33 / 

Lobby groups urge Ramaphosa not to sign the NHI bill into law, problems at Cape Town's port cause huge losses, and Meta's billion-dollar surge is the biggest in stock-market history.

02 February 2024 07:48 / 

Shares in MultiChoice surge, and disgraced audit firm KPMG, agree to a R500 million settlement following a three-year lawsuit by the liquidator of the VBS Mutual Bank.

01 February 2024 07:32 / 

South African banks are "not" funding Hamas, Ellies goes into business rescue, and former deputy president Phumzile Mlambo-Ngcuka joins the Mercedes Benz SA board.

31 January 2024 07:38 / 

Construction work on Stellantis' assembly plant in Coega should start in May, the IMF slashes its growth outlook for South Africa, and Shoprite Checkers continues to surge ahead of the competition.

30 January 2024 08:59 / 

A profit warning from Truworths, the Transport Minister is suspended, and Elon Musk's Neuralink brain chip company has successfully implanted its inaugural chip in a human participant.

29 January 2024 07:45 / 

The CEO of Transnet takes a leave of absence following corruption claims, and according to RMB Morgan Stanley South Africa offers affordability in comparison to its global peers.

26 January 2024 08:49 / 

As expected, the Reserve Bank leaves interest rates unchanged, as did the European Bank - the markets did not so much as blink.

25 January 2024 07:33 / 

Another consumer inflation figure released, don't expect an interest cut anytime soon, and on the markets, a good day for the JSE.

24 January 2024 07:34 / 

Woolworths issues an interim profit warning, Clicks reports record Christmas trade, and the president fires Thabi Leoka from his economics advisory council.

23 January 2024 07:34 / 

South Africa's supply chain woes are far from over, Thabi Leoka resigns amidst fake Ph.D. allegations, and beware of MMM's Krypto 'too good to be true' promise.

22 January 2024 07:33 / 

The Reserve Bank to decide on whether or not to leave interest rates as is this Thursday, Fitch predicts public debt will rise, and a stronger end to the markets.

19 January 2024 07:47 / 

Global markets appear to be steadying, disaster escalates at the Port Of Cape Town, and troubled Tongaat Hullett appoints Rob Aitken as CEO.

18 January 2024 07:47 / 

Stocks the world over are taking a beating, and plenty of grey clouds are hanging over the 54th annual meeting of the World Economic Forum currently underway in Davos, Switzerland.

17 January 2024 07:40 / 

No interest rate cuts on the cards for now, and the row over economist Thabi Leoka's qualifications continues after it was reported that she lied about holding a PhD from the London School of Economics.

16 January 2024 07:38 / 

Stand by for a difficult budget at the end of next month, Transnet suffers a setback, and some good news - the country's biggest solar battery is online.

15 January 2024 08:08 / 

Sars targets Gupta's Salim Essa for billions in undeclared income, fears grow over Red Sea disruption to trade, and the destabilizing threat of fake news revealed ahead of the World Economic Forum's annual meeting.

12 January 2024 07:42 / 

German software giant fined R4.1 billion in bribery and corruption case, SA's labour unions could scupper a deal to sell a stake in Durban's port to an international company, and Sundays River Citrus turns 100!

11 January 2024 07:41 / 

Takealot.com has been given an investment boost ahead of the arrival of Amazon in the country, Cape Town is looking for a private sector partner at its embattled port, and the first U.S.-listed exchange-traded funds to track bitcoin has been approved.

10 January 2024 07:59 / 

New vehicle exports were up last year, foreigners continue to dump SA equities thanks to Eskom, Transnet, and SA's public debt, and Sasol executive Priscillah Mabelane is named the chair of Eskom's National Transmission company.

09 January 2024 07:43 / 

The Reserve Bank rules that retailers and companies are not obliged to accept cash, Boeing's shares tumble after a door blowout incident mid-flight Friday, and Nike part ways with Tiger Woods.

08 January 2024 07:29 / 

Welcome back Chris Gibbons! Not, however, the bearer of great news - the year is off to a poor start with the JSE All Share already down as markets get spooked by comments from the US Federal Reserve Bank.

14 December 2023 07:39 / 

Despite government claims, to the contrary, Eskom is getting worse in every way, and looking at inflation figures, an interest rate cut is not on the horizon just yet. This is the final podcast from the business desk for this year, Gibbons will be back in

13 December 2023 07:35 / 

The government intends to press ahead with the acquisition of new nuclear power, inflation in the USA has edged down as expected, and on the local markets, resources continue to take a hammering.

12 December 2023 07:36 / 

Petro SA has chosen Russia's Gazprombank Africa as its preferred investment partner to restart its refinery at Mossel Bay, the Freight Logistics Roadmap has been approved by Cabinet ,and all eyes are on the Federal Reserve Bank ahead of their meeting late

11 December 2023 07:41 / 

Cabinet approves South Africa's new energy plan, Anglo-American suffers its biggest drop since the global financial crisis, and investors have their eyes on the Federal Reserve Bank as it heads towards its last meeting for 2023.

08 December 2023 07:38 / 

Dan Marokane is expected to be appointed as the new CEO of Eskom, healthcare bodies warn that there will be an 'exodus' of doctors if the NHI bill is signed into law, and the Afrimat Construction Index hits an almost 7-year high.

07 December 2023 07:58 / 

Parliament approves the controversial National Health Insurance Bill, France announces that it will halt any more investment in South Africa due to the country's plethora of ills, and British American Tobacco shares drop dramatically as more smokers quit

06 December 2023 07:42 / 

South Africa's economy has shrunk and it is even worse than expected, and billionaire Johann Rupert has bemoaned what he calls the "hostile environment for businesses" in the country, saying that investors avoid places where people call each other comrade

05 December 2023 07:28 / 

Loadshedding and the Transnet logistics nightmare are railroading the transition to electric vehicles, Nampak suffers huge losses, and punters look to Bitcoin.

04 December 2023 07:32 / 

National Treasury gives Transnet a massive loan, Reserve Bank deputy governor Fundi Tshazibana says there is a good case for domestic interest rates staying “higher for longer”, and consumers can look forward to some relief at the pumps come Wednesday.

01 December 2023 08:32 / 

Unlike previous Novembers, this was not a good month for the rand - with load-shedding and Transnet - the toxic combination has taken its toll, and most companies who took part in a 6 month 4 day work week trial have decided to keep the new schedule.

30 November 2023 07:36 / 

Prosus reports significant results, SA-born Elon Musk's Starlink satellite company does not have a license to operate in the country, and Busa President Adrian Gore has warned that the pace of delivery across the joint initiatives being taken with governm

29 November 2023 07:40 / 

VW is NOT leaving South Africa - so says CEO Martina Biene, but ,there are deep-seated concerns, 100,000 ships are now stuck outside three SA ports, and ArcelorMittal SA is to close its long steel ops, cutting 3,500 jobs.

28 November 2023 07:42 / 

The SABC has announced the appointment of a new Group Chief Executive Officer, Nomsa Chabeli, and Naamsa's CEO Mikel Mabasa is concerned that the government is refusing to consider consumer incentives to make electric vehicles more affordable for South Af

27 November 2023 07:45 / 

Passenger Car CEO for Volkswagen, Thomas Schäfer, is worried about the firm's future operations in South Africa, the Nelson Mandela Bay Business Chamber wants Transnet's new booking system to be suspended until the country-wide logistics challenges are re

24 November 2023 07:49 / 

A collective sigh of relief as repo rates remain unchanged, and Mr Price reports growth in revenue since adding Studio 88 to its portfolio.

23 November 2023 07:34 / 

The annual consumer price inflation rate has come dangerously close to the Reserve Bank's threshold of 6 %, the World Bank says rampant crime in South Africa is costing the country, and another ABSA executive jumps ship to Nedbank.

22 November 2023 08:34 / 

4th quarter business confidence drops, all eyes will be on CPI numbers to be released later today, and interim SAA Chair, Derek Hanekom, says the airline is healthy but needs a cash injection to remain sustainable.

21 November 2023 07:35 / 

Netcare's share price firms close to 6%, Astral Foods reports their first loss ever, and Shoprite Checkers wins over Pick n Pay in the Western Cape High Court.

20 November 2023 07:35 / 

The backlog at SA ports poses a huge problem, Sasol is to get a new president and CEO in April 2024, and S&P Global keeps Msanzi's credit rating unchanged. (Chris Buchanan was standing in for Chris Gibbons)

17 November 2023 07:47 / 

Investec will pay its highest dividend yet, Anchor Capital to merge with the UK's Credo, and many new homeowners forced to sell due to post-covid interest rates rise.

16 November 2023 07:41 / 

London's Standard Chartered Bank admits to rand rigging, agrees to pay a fine to the Competition Commission, Multichoice continues to bleed customers, and retailers look forward to Black Friday. (Chris Buchanan was standing in for Chris Gibbons)

15 November 2023 07:35 / 

New unemployment figures are out, and the Department of Mineral Resources and Energy has published the draft South African National Petroleum Company Bill for public comment.

14 November 2023 07:40 / 

Sasol gets a new CEO, Shoprite continues its dominance in the retail market space, and all eyes are on the US Federal Reserve Bank for a decision on interest rates. (Chris Buchanan was standing in for Chris Gibbons)

13 November 2023 07:55 / 

South Africa's TFG reports a loss but remain optimistic about the upcoming Black Friday, Stats SA to release two important figures this week, and Biden to meet his Chinese counterpart this week. 

10 November 2023 08:20 / 

Nu Scale Power, the US nuclear company eyeing SA has canceled due to monetary constraints, Tongaat Hulet confirms deal with Robert Gumede's Terris consortium, and the Fed's Jerome Powel says more rate increases are a possibility.

09 November 2023 07:33 / 

Two major investment boosts for South Africa, and the Special Investigating Unit and Transnet halt the pension funds of two former Transnet executives due to corruption and mismanagement of funds worth over R33.5 million.

08 November 2023 07:37 / 

Delays at SA ports cause MSC and Maersk to impose a surcharge fee, Impala Platinum is offering voluntary job cuts to workers, this announcement was enough to 'spook' the local market.

07 November 2023 07:28 / 

South Africa risks losing business over what's being described as ' visa chaos', and could the rand be heading to beneath 10 to the dollar?

03 November 2023 07:48 / 

The markets appear to like the medium-term budget, and crypto's 'golden boy' Sam Bankman-Fried is found guilty of fraud.

02 November 2023 07:36 / 

The mid-term budget policy statement confirms that South Africa is in financial trouble, this means no bailouts for Eskom, SAA, Denel, or Transnet, market reaction to the speech was positive. (Chris Buchanan was standing in for Chris Gibbons)

01 November 2023 07:41 / 

Eskom announces a massive annual loss running into billions, Astral Foods feels the impact of the avian bird flu crisis, and all eyes are on the Finance Minister ahead of today's medium-term budget speech.

31 October 2023 07:43 / 

The Reserve Bank issues a stark warning to the government, the pressure is on Finance Minister Enoch Godongwana ahead of Wednesday's mid-term budget, and the use of company credit cards on the increase.

30 October 2023 08:02 / 

The mini-budget to be delivered Wednesday, interest rate news expected from the US Federal Reserve as well as the Bank of England and Bank of Japan this week, and a drop in petrol and diesel coming our way.

27 October 2023 07:32 / 

More worrying news on the inflation front, National Treasury says no to tax breaks for invertors and batteries, and Matel sees a huge upsurge in the sale of Barbie dolls.

26 October 2023 07:42 / 

The World Bank to donate billions to SA for the renewable energy transition process, Transnet looks to the government for a bailout, and MTN faces a massive tax demand from Nigeria.

25 October 2023 07:37 / 

Sanral withdraws its preferential procurement policy, Famous Brands count the cost of constrained consumer spending, and global markets breathe a sigh of relief over the easing of US bond deals.

24 October 2023 07:49 / 

Eskom's energy availability factor increases to 60 percent, the Reserve Bank and Transnet see big names quit, and coal firms are asked to pay hundreds of millions each to help settle Transnet's Chinese dispute.

23 October 2023 07:35 / 

Clouds of uncertainty hang over global markets, and the avian flu outbreak continues to decimate the chicken and egg industry in SA.

20 October 2023 07:35 / 

South Africa's bid to go coal-free is given a significant boost, Baywest and Hemingways Malls are sold to a consortium, and a dismal day on the markets.

19 October 2023 07:49 / 

Labour DG Thabile Lamati quits as his involvement in a R5bn UIF scandal is uncovered, another interest rate hike is on the cards, and Pick n Pay posts its first interim loss.

19 October 2023 07:44 / 

Labour DG Thabile Lamati quits as his involvement in a R5bn UIF scandal is uncovered, another interest rate hike is on the cards, and Pick n Pay posts its first interim loss.

18 October 2023 07:35 / 

A big fuel price drop on the cards next month, e-commerce giant Amazon readies to move into Mzansi in 2024, and South Africa is set to overtake Nigeria as Africa's largest economy.

17 October 2023 07:34 / 

Transnet says it will have its turnaround plan ready to present by the first week of November, another unit is up and running at Kusile, and a court has attached disgraced former lottery head Professor Alfred Nevhutanda's R6.3m Rolls-Royce.

16 October 2023 07:37 / 

US investment bank boss JP Morgan says “this may be the most dangerous time the world has seen in decades” as the war between Hamas and Israel escalates, SA's Just Energy transition stalls due to infighting, and Microsoft signs a massive gaming deal.

13 October 2023 07:50 / 

SARS busts a massive coal smuggling syndicate, Discovery Health's CEO resigns after 15 years at the helm, and the markets react to a possible interest rate hike in the US.

12 October 2023 07:34 / 

The Presidency has a plan to reverse the collapse of Transnet, disgraced ex-Steinhoff boss Marcus Jooste will have to pay a massive fine, and more details emerge about the sudden departure of Eskom CEO Mpho Makwana.

11 October 2023 07:47 / 

Something of a mixed bag this morning, on the upside the IMF has lifted its forecast for growth in SA, and on the downside the Bank of America will be raising interest rates come November.

10 October 2023 07:42 / 

Eskom CEO Mpho Makwana resigns a year into the job, Nissan SA to lay off 400 workers, and oil, gold, and bonds climb due to the attack by Hamas on Israel.

09 October 2023 07:31 / 

The deadly attack by Hamas on Israel has rattled the markets, the US delivers 330,000 new jobs, which means higher inflation and higher interest rates for longer and wherever the US goes, the rest of the world goes.

06 October 2023 07:40 / 

Another 'big cheese' at Transnet is out, more pressure on the rand, and investors await the USA jobs data, out today.

05 October 2023 07:36 / 

The losing streak on the global stock markets seems to be on pause, foreign investor outflows are still a worry, and Business Unity SA calls for the Unemployment Insurance Fund to be placed under immediate administration.

04 October 2023 07:46 / 

Two of SA's major retailers begin rationing eggs to customers, SAVA warns of a crisis in the poultry industry, and Dunlop to invest R1.7bn in KZN production plant .

03 October 2023 07:41 / 

Seventy-year-old former CEO Sean Summers to return to Pick n Pay, the FSCA warns the public against Moneyweb-Invest,( NOT to be confused with Moneyweb), and interest rates in the US look to stay higher for longer.

02 October 2023 07:33 / 

Eskom's Kusile unit 3 is back up, Transnet may rehire hundreds of skilled workers, and a North West district municipal manager and businessman is implicated in corruption involving R134 million, including splurging R2 million on two laptops.

29 September 2023 07:32 / 

South Africa likely to be one of the last countries in the world to begin cutting interest rates, Johannesburg drops in ranking as a financial hub, and retail group Spar decides to cut its ties with Poland.

28 September 2023 07:30 / 

Three leading medical aid schemes announce steep increases, the Western Cape alone reports storm damage to the cost of R1.4 billion, and gloom persists on the markets.

27 September 2023 07:32 / 

Global markets remain under pressure due to rising interest rates, Glencore has begun a retrenchment process at its iMpunzi coal mine, and Discovery enters the home loan market.

26 September 2023 07:30 / 

Eskom suspends load shedding in the Eastern and Western Cape coastal areas as mopping up operations begin, SA's cumbersome skills visa system courts another casualty, and interest rates look to stay higher for longer.

22 September 2023 07:28 / 

Interest rates remain unchanged, the Bank of England and Bank of Japan decide the same - the markets were not happy, and media titan Rupert Murdoch has stepped down as CEP of Fox News.

21 September 2023 07:32 / 

Consumer inflation is up, in the USA the Federal Reserve announced it would hold rates steady and suggested more hikes are ahead - the markets reacted.

20 September 2023 07:36 / 

More calls for Transnet CEO Portia Derby's head, traders ready for interest rate decisions, and Elon Musk points to a possible fee for the use of his social media platform X.

19 September 2023 07:38 / 

Bob van Dijk steps down as CEO of Naspers and Prosus, Marcus Jooste denies knowing about accounting irregularities, and NAMPAK has done a deal to exit Russia.

18 September 2023 07:59 / 

Some good news on the electricity front, Durban's Chamber of Commerce calls for the axing of Transnet's CEO, and Bloomberg reports that world refineries are struggling to produce enough diesel.

14 September 2023 07:31 / 

Stellantis to invest R3bn building a vehicle manufacturing plant at Coega, German consultants have finished their assessment of Eskom's coal utilities, and SA Trade Unions are ready to strike.

13 September 2023 07:57 / 

The plan to reconfigure the structure of the state could be presented to Ramaphosa soon, the sale of SAA is up in the air again, and Transaction Capital see shares drop, one of the reasons being taxi owners not repaying loans.

12 September 2023 07:46 / 

Inflation expectations fall, SARS reports that tax collections are down, tourism will receive a boost as Club Med officially puts down roots in SA, and Apple's new iPhone 15 launches today.

11 September 2023 07:33 / 

Eskom and the Independent Power Producers sign a deal, however, there is simply not 'enough grid' in the right places, and the markets reflect the aftermath of the G20 Summit in Delhi.

08 September 2023 07:40 / 

Bombardier to settle with Transnet over their long-running dispute, can Mango Airlines, grounded since 2019, be sold to an undisclosed bidder? and SA's consumer index is up.

07 September 2023 07:31 / 

Discovery launches a renewable energy platform, and controversial Karpowership offers to donate a game farm to the government as 'ecological compensation' - does this sound like a bribe?

06 September 2023 07:37 / 

SA's economy grew faster than expected in the 2nd quarter of the year, GDP expanded but on the downside oil prices rise to over 90 dollars a barrel ,and government counts the true cost of purchasing COVID-19 vaccines.

05 September 2023 07:45 / 

Brace yourself for massive fuel hikes tomorrow with diesel reaching a record high, this will have a knock-on effect on consumers, and the rand continues to weaken.

04 September 2023 07:29 / 

Government to assist car manufacturers transition to electric vehicles, Ramaphoasa says cutting government spending will not solve SA's fiscal woes, and new vehicle sales drop for the month of August.

01 September 2023 07:45 / 

Producer inflation slows, Finance Minister Enoch Godongwana slams the policy of cadre deployment, and market news as the year hits the two-thirds down mark.

31 August 2023 07:33 / 

Woolworths reports record earnings, Gold Fields commits to addressing a toxic work culture of bullying, sexual harassment, and racism, and on the markets, pressure on government bonds and the rand.

30 August 2023 07:31 / 

One of SA's biggest mining houses is taking some strain, Thungela Resources is to take control of an Australian thermal coal mine, and global markets are watching and waiting for a 'data heavy' end to the week.

29 August 2023 07:36 / 

A new freight logistics road map is in development, Australian mining and metals company South 32 is considering a deal with Eskom, and a sign of the times, Italtile reports a decrease in gross profit margin.

28 August 2023 07:32 / 

PetroSA and the EC provincial government reportedly spent R200m on a fuel refinery that never happened, and two central bankers warn that inflation is still a threat.

25 August 2023 08:04 / 

Gibbons unpacks the BRICS Summit, and global markets turn negative ahead of the Federal Reserve Chair Jerome Powell's speech to be delivered today at the Jackson Hole Economic Policy Symposium.

24 August 2023 07:28 / 

July's inflation rate the lowest in two years, this prompts three vital questions for consumers, and on the markets a sharp jump for the rand.

23 August 2023 07:57 / 

A look at the BRICS Summit currently underway in Johannesburg, interest rates under the spotlight, and Woolworths posts a record profit despite the cost of living crisis.

22 August 2023 07:46 / 

The first jail sentence is handed down after the 2017 collapse of Steinhoff, President Ramaphosa is cleared of any wrongdoing in the Phala Phala saga, and all eyes are on the upcoming BRICS Summit.

21 August 2023 07:51 / 

Plenty of high-profile talks in the week ahead that will impact the economy, and China's financial woes could have an effect on global markets.

18 August 2023 07:27 / 

The rate at which food prices are increasing has dropped, Standard Bank reports a record profit, and China's woes continue to cast a shadow over the global economy.

17 August 2023 07:41 / 

Incompetence or sabotage as the unbundling of Eskom is thwarted, Amazon looks to employ 100 young South Africans, and the markets under pressure over worries about China.

16 August 2023 07:32 / 

Economic growth is possible if South Africa fixes Transnet and Eskom, SA's jobless numbers have dipped BUT we still have the highest unemployment figures in the world, and the turmoil in emerging markets continues.

15 August 2023 07:37 / 

On the local front a slew of company results, China's economy is in deep trouble, throw into the mix the effect on the markets of the weekend's primary elections in Argentina and the rouble at an all-time low, and we could be in for a bumpy ride.

14 August 2023 07:42 / 

Has the international price of oil reached a peak yet? It's predicted another fuel price increase is on the horizon, and we continue to deal with a much weaker rand.

11 August 2023 07:32 / 

South Africa has signed deals with China worth over R37bn, Duncan Pieterse is named as the country's new head of treasury, and President Ramaphosa's 'side hustle' sees him pay a record R3.5 million for a Boran bull.

10 August 2023 07:39 / 

The Competition Commission thwarts the proposed merger between Vodacom and Vumatel-owner CIVH, Nedbank reports positive figures but says bad debt continues to be a concern.

08 August 2023 07:36 / 

Spur expects a massive increase in its earnings per share while Impala Platinum is expecting a drop, and taxi violence in the Mother City puts pressure on the rand and causes chaos for tourists.

07 August 2023 07:36 / 

Citrus farmers in the country want the government to lodge a complaint against the European Union, South Africa says it won’t succumb to pressure from the US to stop using Huawei technology, and ex-Eskom CEO André de Ruyter lands a top job at Yale Univer

04 August 2023 07:35 / 

Fitch explains its reasons for downgrading the US, a move that move could have global implications, and Apple sales slump for the third consecutive quarter.

03 August 2023 07:39 / 

The global markets take a battering following Fitch's surprise decision to downgrade the United States, and a new addition to South Africa's vocabulary - 'grid hogging.'

02 August 2023 07:35 / 

The rand is under pressure, Elon Musk weighs in on Julius Malema's highly inflammatory and racist antics at the EFF's tenth birthday celebrations, and it's likely the country will miss its budget deficit target.

01 August 2023 07:35 / 

Unpacking the huge changes ordered in SA's e-commerce space by the Competition Commission, and Man United renew its partnership with Adidas.

31 July 2023 07:31 / 

Sharp fuel increases come Wednesday, NERSA approves one new license, and Eskom COO, Jan Oberholzer, reveals the reason he left the power utility.

28 July 2023 07:55 / 

115 top CEOs pledge to help the government save South Africa, Amplats appoints a new leader, and the European Central Bank raises interest rates.

27 July 2023 07:36 / 

Former Steinhoff CEO Markus Jooste loses appeal, Telkom to partner with government to roll out broadband, and a quiet day on the markets.

26 July 2023 07:38 / 

South Afrca asks for an extension on AGOA, retailer giant Shoprite continues to see growth, while Kumba Iron Ore reports a decline in half-year profit.

25 July 2023 07:34 / 

Could Musk's rebranding of Twitter face legal issues? Anglo-Platinum 's profit slumps, and the Eastern Cape Development Agency has good news for local entrepreneurs.

24 July 2023 07:29 / 

The likely buyer for Tongaat Hulett identified, an important week for interest rate decisions globally, and is it time to say goodbye to Twitter?

21 July 2023 07:46 / 

A collective sigh of relief as interest rates remain unchanged, the Reserve Bank Governor remains worried about food inflation, load-shedding, and Transnet, in other news - Toyota SA to introduce a Hilux Mild-Hybrid bakkie to the market.

20 July 2023 07:34 / 

The latest inflation figures released, the Reserve Bank to meet today, and Pick n Pay chairperson Gareth Ackerman slams two of the government's proposed new race-based policies.

19 July 2023 07:37 / 

The fiance minister affirms the independence of the Reserve Bank, most economists predict an interest rate hike come Thursday, and does Threads deserve to be labeled 'boring'?

18 July 2023 07:38 / 

Anglo-Platinium issues a warning to the markets, Electricity Minister Kgosientsho Ramokgopa is "extremely worried" about the Koeberg units, and former Eskom chief operating officer Jan Oberholzer, brought in on contract to assist the embattled power utili

17 July 2023 07:30 / 

An important week ahead for the economy, another interest rate hike will "pour salt onto the wounds", and to add to the consumer's woes - another oil price increase looms.

14 July 2023 07:34 / 

Mining output dips suddenly, government wants to protect corporations from extortion, and a word of caution if you've been using ChatGBT.

13 July 2023 07:34 / 

The army to be deployed following a spate of truck burnings, despite the electricity minister's assurances stage 6 load shedding is back, and Transnet finally gets a new board of directors.

12 July 2023 07:32 / 

Factory activity is on the up, the USA awards Eskom a R25m grant, and the Competition Commission has referred a complaint against Sasol for overpricing natural piped gas for almost nine years.

11 July 2023 07:33 / 

The South African Post Office will go into business rescue, Telkom's shares fall, and Zuckerberg's Threads is going from strength to strength but, will Musk have the last laugh?

10 July 2023 07:38 / 

Moneyweb says beware government's spin on why power generation has improved, Congo and South Africa pledge to revive the Inga 3 hydroelectric project, and Telkom rejects a takeover offer from its former CEO.

07 July 2023 07:28 / 

Some remarkable employment figures in the US send the markets into a tailspin, German companies are gravely concerned over SA's visa "mess", and Mark Zuckerberg's rival to Twitter signs up more than 30 million users in its first day.

06 July 2023 07:46 / 

Steps afoot to deal with South Africa's 2nd biggest threat to growth, Transnet completes extra railing capacity, and the markets affected following the meeting of the US Federal Reserve.

05 July 2023 07:37 / 

The true cost of load shedding is estimated, crypto exchanges will be required to operate in SA with licenses by year-end, and say hello to the new kid on the 'social media block'.

04 July 2023 07:43 / 

Cosatu to embark on a protected nationwide strike, outrage at the president's wage increase for public office bearers, and some good news at the pumps.

03 July 2023 07:36 / 

As promised a quick look at how we ended the first half of the year. And if you're watching the Tour de France , the Iconic Italian bike brand Pinarello has reportedly been bought by a South African billionaire.

30 June 2023 08:05 / 

Two sets of figures show South African consumers are taking major strain, SA crypto investment company Revix freezes a quarter of its clients' crypto assets, and what does the JSE look like as we hit the half-year mark?

29 June 2023 07:28 / 

Will interest rates rise again? EU pest control rules provoke the ire of SA citrus growers, and BMW Plant Rosslyn to become the first producer of plug-in hybrids in South Africa.

28 June 2023 07:34 / 

Naspers and Prosus shares jump, Stats SA's latest unemployment figures look dismal, and on the global front, fears of a recession ease.

27 June 2023 07:31 / 

The markets are still jittery, there is a conviction that most of the world is heading to a recession, could SA benefit from the events in Russia over the weekend? And Eskom says breakdowns are becoming "less and less".

26 June 2023 07:48 / 

A cabinet-level split emerges over SA's energy policy, Eskom gets pollution exemption at Kusile, and SAA wins 2 accolades at World Travel Awards.

23 June 2023 07:45 / 

Controversial crime buster Robert McBride to root out corruption at Eskom as the state-owned enterprise's head of security is placed on precautionary suspension, and stocks across the globe are taking strain.

22 June 2023 07:31 / 

SA consumer inflation dips, the Brits come in with a shock inflation figure, and an arrest warrant issued for Markus Jooste.

21 June 2023 07:30 / 

South Africa, Holland, and Denmark launch a green project fund, Standard Bank says bad debt is on the increase, and a slump in both retailer and profitability indices.

20 June 2023 08:09 / 

The markets await news on interest rates from the Federal Reserve Bank, the rand is a little perkier, and French aerospace giant, Airbus, lands the biggest-ever aircraft order in the history of commercial aviation.

19 June 2023 07:39 / 

Transnet costs South Africa billions, and the country extends its ban on the export of scrap metals.

15 June 2023 08:48 / 

Denel is back in the black, Spar shares crash while Naspers issues a profit warning.

14 June 2023 07:27 / 

Is the SAA deal about to take off? US congressmen threaten South Africa's hosting of Agoa, and inflation eases in the United States.

13 June 2023 07:35 / 

Telkom shares surged after receiving a bid for a controlling stake by a group of investors, not a great day on the markets but some good news - according to Bloomberg South African food inflation is easing.

12 June 2023 07:42 / 

Stand by for another week of reduced load shedding, the rand consequently improves, and the BRICS summit could have a new host relieving international pressure to arrest Putin should he set foot on South African soil.

09 June 2023 07:29 / 

South Africa's current account deficit shrinks, a slight decrease in load shedding sees the rand improve marginally, and the country moves to resolve Russia conundrum.

08 June 2023 07:47 / 

Business confidence in South Africa falls, the Independent Centre for Development and Enterprise blasts the country's "anti-growth strategy", and big business leaders meet with the president.

07 June 2023 07:31 / 

SA's GDP rises slightly, the country loses its bid to host a Formula One race due to its political alliance with Russia, and professional golf's warring partners have come together in a shock merger.

06 June 2023 07:45 / 

A drop in the price of diesel and fuel tomorrow, paper giant Mondi to divest its operations in Russia, and Apple unveils its first major product in over a decade - it will set you back about R70 000.

05 June 2023 07:39 / 

The price of oil is up, the US economy is purring along despite interest rate hikes, and Russian billionaires invest in Cape Town properties.

02 June 2023 07:41 / 

The rand sinks to new lows against the dollar, government squirms over its ties to Russia, and Elon Musk regains former title.

01 June 2023 12:29 / 

Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.

31 May 2023 07:47 / 

The rand hits fresh record lows against the dollar, the International Criminal Court has stern words for the government ahead of BRICS summit, and Eskom reports massive pre-tax losses.

30 May 2023 07:36 / 

A direct warning to the ANC government from the Reserve Bank, shares in Telkom have risen, and Gartner fined R50m for its role in state capture at SARS.

29 May 2023 07:38 / 

The Public Investment Corporation is backing a possible bid led by the former CEO of Telkom for a 35% stake in the mobile phone company, Eskom's next CEO could be a woman, and Rhamaposa transfers the task of new electricity generation.

26 May 2023 07:39 / 

Global investors look to East Africa, a new international airport on the cards for SA, and the rand plunges to a record low. (Chris Buchanan was standing in for  Chris Gibbons)

25 May 2023 07:55 / 

Government in talks with the car industry over load shedding, stocks worldwide are taking pressure over a growing pessimistic global outlook, and a new wave of covid is causing some alarm in China.

24 May 2023 07:48 / 

Coronation reports huge losses, global uncertainty raises its head over US debt ceiling deal, and some good news at the end of the month according to the AA.

23 May 2023 07:40 / 

A slew of company results all affected by load shedding, Astral Foods accuses the government of being "asleep at the wheel", and Jonathan Ball Publishers pull the plug on Herman Mashaba book.

22 May 2023 07:38 / 

Surprisingly, S&P Global Ratings keeps its outlook on South Africa at stable, the business sector is losing faith in Ramaphosa, and the Reserve Bank expected to hike interest rates yet again.

19 May 2023 07:38 / 

Rebosis Property Group seeks to avoid liquidation, talk of stage 8 load shedding pushes the rand lower, and Eskom readies to "throw the book" at André de Ruyter.

18 May 2023 07:40 / 

Telkom shares plummet, Ninety One chief executive Hendrik du Toit speaks out on his company's falling share price warning that South Africa needs to deal with its "economic emergency" or face the financial consequences.

17 May 2023 07:42 / 

The finance minister addresses the accusation that SA sold arms to Russia, is the Takatso Consortium deal with SAA up in the air? and Public Enterprises Minister Pravin Gordhan to appear before the Standing Committee on Public Accounts today.

16 May 2023 07:59 / 

Diskem's CEO steps down after 40 years at the helm, Vodacom close to securing a deal with Eskom, and South Africa is beating its climate goal. (Chris Buchanan was standing in for Chris Gibbons)

15 May 2023 08:26 / 

SA resolves its row with the US, Ex-Eskom CEO Andre De Ryter publishes tell-all book ,and load-shedding to increase.

12 May 2023 08:24 / 

The rand tanks over allegations we are supplying arms to Russia, trade relations with America are now under threat, and Elon Musk says he is stepping down as CEO of Twitter.

11 May 2023 07:42 / 

The rand has dropped to a three-year low, which paves the way for another interest rate hike, and WeBuyCars owner Transaction Capital down by almost 30 %.

10 May 2023 07:54 / 

Eskom's ripples threaten to become waves, the rand slides even further as a consequence, and following the coronation, Brand Finance gives the British monarchy the thumbs up.

09 May 2023 07:46 / 

Government to lodge an urgent appeal against the High Court ruling exempting key institutions from load-shedding as Eskom announces stage 6 will continue indefinitely, and SA will likely miss its primary budget surplus by R8.9bn.

08 May 2023 07:32 / 

An appeal is likely after the High Court orders an end to load shedding at hospitals, schools and the SAPS, US inflation figures are out this week as are figures from the UK on interest rates.

05 May 2023 07:31 / 

Pick n Pay chairman Gareth Ackerman lambastes government over its ties with Russia, he also criticized the ruling party for raking in millions of rands as a “windfall tax” because of load shedding, and the European Bank raises interest rates as expected.

04 May 2023 07:44 / 

National Treasury is playing carrot and stick with municipalities in debt to Eskom, the markets are still busy digesting the US Federal Reserve Bank's decision to hike interest rates, and SA has a new set of banknotes and coins in circulation as of today

03 May 2023 07:40 / 

A rough start to the month of May both locally and abroad, online teaching and education take a knock due to AI and ChatGBT as the 'godfather' of AI, Geoffrey Hinton, quits Google warning of the dangers inherent in the system.

02 May 2023 07:47 / 

A number of important events coming up, Ibrahim Patel delivers news on the country's electric car policy, and the Federal Reserve and Central Bank to meet this week.

28 April 2023 07:42 / 

Mirror Trading International declared a Ponzi scheme, the state seeks to seize Kwaito star Arthur Mafokate's multi-million rand guest house without compensation, and a survey has measured the impact of load shedding on daily life.

26 April 2023 07:59 / 

Electricity minister Kgosientsho Ramokgopa is looking for approval of a “mega bid window” for the procurement of renewable energy while Gwede Mantashe continues to punt the controversial Karpowership, and later today, former CEO André de Ruyter will tell

25 April 2023 07:36 / 

Petrol up and diesel down, government discusses slowing down the decommissioning of coal-fired power stations, and Eskom shortlists candidates for CEO post.

24 April 2023 07:57 / 

Capitec CEO, Gerrie Fourie weighs in on education crisis, the motor industry frustrated over government dragging its feet on the electric vehicle transition policy, and the world's richest 'suffer' losses.

21 April 2023 07:38 / 

Citrus growers appeal for government intervention over EU ruling, and the Public Investment Corporation has harsh words for CEO Abel Sithole over Ayo Technology Solutions deal.

20 April 2023 07:58 / 

Another interest rate hike likely, Exxaro wants to cut independence on Transnet, and Ford Africa President Neale Hill warns that complacency could be the undoing of the South African motor industry.

19 April 2023 07:43 / 

Ex-Steinhoff boss Marcus Jooste a no-show in German court, Capitec profits jump but bad debt points to struggling consumers, and load-shedding, higher interest rates, and JSE volatility push down SA's business confidence index.

18 April 2023 07:40 / 

Former Steinhoff CEO Markus Jooste's trial begins, former ANC cabinet member and tourism minister Derek Hanekom appointed interim SAA chair, and on the markets a stronger dollar.

17 April 2023 07:32 / 

Finance Minister Enoch Godongwana says South Africa will not fall into a recession this year and there will be no more bailouts for Eskom, the mushroom industry the latest casualty of load shedding, and some important figures out this week.

14 April 2023 07:43 / 

President Ramaphosa sets his sights on R2 trillion worth of investment in the economy in the next five years, and Eskom’s biggest union demands a 15% pay hike as outages worsen.

13 April 2023 07:47 / 

Two more provisional liquidation orders served against the Post Office, economists say South Africa is in a recession, and Investec's chief executive officer reports that investors are acutely concerned about a potential coalition between the ANC and the

12 April 2023 07:55 / 

The IMF cuts its growth expectations placing SA as the weakest nation on the list, vandalism causes huge losses for Ford, and speaking in Washington, the Reserve Bank Governor calls for sweeping reforms to South Africa's macroeconomic policies

11 April 2023 07:56 / 

Is South Africa on the course of a "political blunder of epic proportions? Seven pylons collapse over the weekend plunging parts of Tshwane into darkness, and the SA Post Office faces liquidation.

06 April 2023 07:38 / 

An embarrassing climb down for government over the electricity state of disaster and that Eskom exemption issue, and Northam Platinum terminates its offer to buy out Royal Bafokeng platinum.

05 April 2023 07:32 / 

Load shedding is here to stay, the Black Business Council requests a meeting with Enoch Godongwana over Eskom exemption, and a diesel and unleaded petrol price drop today.

04 April 2023 07:44 / 

Eskom exemption by finance minister draws harsh criticism, SARS collects R1.68trn in taxes, and EY Germany handed a two-year ban.

03 April 2023 07:44 / 

A forensic unit is being set up to fight financial crimes, and business rescue for struggling sugar producer Tongaat Hulett has been extended.

31 March 2023 07:30 / 

The rand jumps as interest rates are raised by 50bps, Eskom considers buying electricity from a Karpowership located offshore Mozambique, and Andre de Ruyter has agreed to appear before parliament’s watchdog standing committee on public accounts.

30 March 2023 07:54 / 

Germany's GMBH to start developing hybrid power plants in SA, Shoprite launches its first stand-alone clothing store, and the question on everyone's lips - will there be another interest rate hike?

29 March 2023 07:38 / 

Ramaphosa asks Transnet for a logistics plan, Pravin Gordhan heading to China, and the Competition Commission launches a probe into price increases on essential food items.

28 March 2023 07:35 / 

Thungela Resources look to buy more overseas assets, public servants accept the government's revised pay offer - this has an effect on the markets.

27 March 2023 07:33 / 

Transnet's iron or line in Saldanha Bay forced to shut down, the controversial Tottenham Hotspur deal is scrapped, and the Reserve Bank to meet this week.

24 March 2023 07:58 / 

Cell C CEO resigns, blackouts have drastically reduced the potential size of South Africa’s economy, and the Consumer Confidence Index plunges to its third lowest level since 1994. (Chris Buchanan was standing in for Chris Gibbons)

23 March 2023 07:41 / 

The IMF slashes its growth forecast for South Africa, the CPI comes in at 7%, and an increase in the price of petrol on the cards.

22 March 2023 07:36 / 

BP to exit all aviation activities in SA, analysts and investors ponder the takeover of Credit Suisse, and the Federal Reserve Bank to make interest rate announcement today.

20 March 2023 07:29 / 

The assassination of Bosasa's Cloete Murray and his son Thomas has the business community aghast, and UBS buys Credit Suisse in a bid to halt the banking crisis.

17 March 2023 07:34 / 

The Reserve Bank may keep interest rates higher for longer, the dust is still settling in the public sector wage strike, and troubled banks dominate international headlines.

16 March 2023 07:37 / 

Banking shares take a huge hit in many parts of the world as Credit Suisse plunges to an all-time low, the broader markets subsequently took flight.

15 March 2023 07:35 / 

South Africa has a plan in place to safeguard key food production facilities under threat from the inconsistent electricity supply, restaurants and takeaway venues feeling the effects of load shedding, and two big drops on the JSE.

14 March 2023 07:37 / 

The list of companies being hammered by load-shedding continues to grow every day putting us dangerously close to becoming a failed state, and the markets remain skittish following the collapse of Silicon Valley Bank.

13 March 2023 07:26 / 

Foreign investors ditching South Africa at an alarming rate, Silicon Valley Bank collapses, and the markets appear to be stabilizing after Friday's reactionary "angst"

10 March 2023 07:37 / 

Heineken’s acquisition of wine and cider company Distell Group given the green light, US credit agency S&P downgrades South Africa, and bank stocks take a hammering on Wall Street.

09 March 2023 07:32 / 

A major new investment could be on its way to the Eastern Cape, business confidence in South Africa continues to head south, and Shoprite has big expansion plans.

08 March 2023 07:34 / 

Counting the true cost of load-shedding, Nersa does an about-turn and approves Eskom's request, and US Federal chair Powell warns of higher interest rates.

07 March 2023 07:59 / 

Gibbons unpacks the much-anticipated cabinet reshuffle.

06 March 2023 07:55 / 

The planned walkout of thousands of public sector workers is put on hold, and GDP figures the main event of the week alongside Ramaphosa's cabinet reshuffle.

03 March 2023 07:53 / 

FirstRand's CEO issues a blazing attack on South Africa for its open support of Russia, and Nedbank hits post covid target.

02 March 2023 09:15 / 

New vehicle sales up and Woolworths counts the cost of load shedding.

01 March 2023 07:33 / 

A slight dip in unemployment figures, private sector credit demand exceeds expectations, and Karpowership demands a retraction from former Eskom CEO.

28 February 2023 07:34 / 

Business Leadership South Africa calls for an investigation following allegations made by Andre De Ruyter, and if you want to save some cash, get to the pumps as petrol and diesel go up at midnight tomorrow.

27 February 2023 07:45 / 

Much as expected South Africa is greylisted, as a consequence the rand dips, and the European Union along with the Uk relegates SA to the category of high-risk countries with which to do business.

24 February 2023 07:37 / 

Still plenty of headlines over the budget speech and Andre de Ruyter's explosive interview on ENCA following his exit from Eskom.

23 February 2023 07:35 / 

Eskom CEO André de Ruyter leaves with immediate effect, and a mildly positive reaction to the budget.

22 February 2023 07:54 / 

Two more major South African corporations hit by the deadly double whammy of load shedding and a failing Transnet, and a pre-budget announcement on the increase in the minimum hourly rate.

21 February 2023 07:49 / 

The stage is being set for tomorrow's budget speech, Amplats cuts its payout dividend again, and global markets await tomorrow's Federal Reserve Bank minutes.

20 February 2023 07:33 / 

A big week ahead - the budget speech Wednesday and the Financial Action Task Force to decide whether or not South Africa deserves a grey list rating.

17 February 2023 07:43 / 

Credit ratings agency Fitch issues a stark warning, Ramaphosa defends the new Minister of Electricity position, and nine public sector unions prepare to down tools.

16 February 2023 07:45 / 

Food inflation is rampant, Fitch joins Moody's in warning of an adjustment to the country's economic growth outlook and a surprise resignation from Amplats CEO Natascha Viljoen. (Chris Buchanan was standing in for Chris Gibbons

15 February 2023 08:11 / 

Telkom to lay off staff, clarity on the role of the new minister of electricity, and the national state of disaster sees Gwede Mantashe put the controversial Karpowership deal on the table.

14 February 2023 07:36 / 

A tricky ethical conundrum presents itself over the electricity crisis - which way would you vote - power or health? And Eskom is about to go knocking on doors looking to buy 1 400 megawatts of electricity.

13 February 2023 07:40 / 

South Africa heading for a recession according to a poll, Standard Bank makes surprising growth prediction, and 'grid failure' being pulled from insurance policies.

10 February 2023 07:30 / 

A very mixed reaction to the declaration of a state of disaster over the energy crisis, plans for tax breaks on the cards, and Engen to get an international owner.

09 February 2023 07:39 / 

President Ramaphosa will deliver his State of the Nation Address amid a sea of discontent as the business community recalls broken promises from last year's speech, and Turkey suspends trading following deadly quake.

08 February 2023 07:39 / 

SARS engages with National Treasury over the energy crisis, the Consumer Goods Council writes an open letter to Ramaphosa while Fitch sounds a warning over the farmgate scandal.

07 February 2023 07:35 / 

Counting the cost of load shedding, Anglo-American CEO Duncan Wanbald has strong words of warning at Mining Indaba - and what will that balloon tell us?

06 February 2023 07:28 / 

On the markets, two key factors are at play, one of them being that Chinese 'weather balloon', and all eyes are on the president ahead of Thursday's State of the Nation Address.

03 February 2023 07:38 / 

Tourism bosses blast R1-billion Tottenham Hotspur sponsorship proposal, and in an announcement tinged with irony, South African coal producer Seriti Resources plans to build the country's biggest wind farm.

02 February 2023 07:28 / 

A row looms over a plan by SA Tourism to sponsor Tottenham Hotspur to the tune of nearly a billion rand, a new digital bank to operate come March, and the US Federal Reserve raises interest rates as predicted.

01 February 2023 08:02 / 

Compelling half-year figures for Shoprite, petrol and diesel are up, and a mixed bag for the markets ahead of the US Federal Reserve Bank meeting today.

31 January 2023 08:15 / 

Government considers declaring the Eskom crisis a national state of disaster, a plan to supply small businesses and households with solar panels in the pipeline, and we count the cost of the United States' suspension of the pact to supply nuclear fuel to

30 January 2023 07:48 / 

SA's leading poultry producer, Astral Foods, makes a desperate appeal to government, and investors have their eye on the US Federal Reserve's Wednesday fiscal meeting.

27 January 2023 07:40 / 

The Reserve Bank Governor is pessimistic about the outlook for the economy, load shedding puts pressure on Impala Platinum and impacts coal exports from Richard's Bay.

26 January 2023 07:37 / 

JSE heavyweights Naspers and subsidiary Prosus to lay off staff, Astral Foods profits plummet , and Mineral Resources & Energy minister Gwede Mantashe backs government's controversial plans to solve the energy crisis.

25 January 2023 07:39 / 

Eskom has paid nearly R10 bn in penalties on its Medupi coal contract, and the embattled power utility has hit back at Ramaphosa's plea to not increase tariffs.

24 January 2023 07:30 / 

Another record high for the JSE, and government looks into securing electricity supply from Turkey’s Karpowership as Eskom's energy crisis deepens.

23 January 2023 07:32 / 

Good news and bad news from Eskom as government scraps the 100-megawatt licensing ceiling - the bad news - load-shedding for another two years, and it looks like interest rates will go up Thursday when the Reserve Bank meets.

20 January 2023 07:36 / 

It looks like it's going to be a softer end to the week after a string of record highs for the JSE, and grocery retailer SPAR is still in the headlines.

19 January 2023 07:36 / 

A slight drop in inflation, but will it be enough to affect interest rates? and load shedding wreaks havoc on certain sectors of the health industry.

18 January 2023 07:28 / 

Ructions at major grocery retailer SPAR, a drop in mining production, and the finance minister promises that load shedding will be a thing of the past in 12 to 18 months.

17 January 2023 07:33 / 

The rand dips on the back of Ramaphosa's decision not to attend Davos, SA to welcome Russian warships despite criticism, and MTN shares drop all thanks to Ghana.

16 January 2023 07:42 / 

After a well-earned break, Chris Gibbons is back in action reporting that in his absence there has been a string of record highs for the JSE, while away from the markets, Ghana is claiming MTN owes it millions in taxes and penalties. Welcome back, Chris!

23 December 2022 08:33 / 

Gibbons signs off for 2022! "An uncertain end to a very uncertain year", the JSE will probably end the year somewhat flat, and get ready for stage 6 to become normal as stage 8 looms.

22 December 2022 09:15 / 

Political analysts and economists ponder key themes emerging from the canceled ANC elective conference, TFG acquires sneaker brand Street Fever, and the markets are faring somewhat better.

21 December 2022 08:01 / 

The Reserve Bank's cyber defenses are looking good, petrol could come down in the new year, and Elon Musk says he will resign as Twitter CEO.

20 December 2022 08:01 / 

Positive market reaction to Ramaphosa's re-election to top ANC post, Woolworths offloads Aussie brand Davy Jones, and Twitter wants Elon Musk to resign.

19 December 2022 10:37 / 

Eskom's debt plan is running on track, is Elon Musk in trouble? and stock markets end down over fears of a recession.

15 December 2022 08:37 / 

Mixed reaction to de Ruyter's resignation, the markets reacted, and the US Federal Reserve has raised interest rates by half a percentage point.

14 December 2022 08:11 / 

A huge drop in mining output, the decision not to impeach Ramaphosa is good news for the markets, and US scientists make a major breakthrough in the quest for unlimited free energy.

13 December 2022 07:55 / 

Aspen to receive R523m from the Bill and Melinda Gates Foundation, citrus exports for 2022 came in below expectations, and emerging markets are nervous ahead of interest rate announcements.

12 December 2022 08:10 / 

The latest inflation figures for SA will be out Wednesday while the final meeting of the US Federal Open Market Committee takes place Tuesday, and Anglo Platinum becomes the latest big corporation to point a finger at Eskom as power cuts continue to wrea

09 December 2022 07:52 / 

The Consumer Confidence Index is up, Gwede Mantashe launches another scathing attack on Eskom, and a better day on the JSE.

08 December 2022 08:05 / 

Marcus Jooste's insider trading fine is drastically reduced, a negative day on the markets, and Gibbons counts the cost of Qatar's Soccer World Cup.

07 December 2022 07:34 / 

South Africa's economy is bigger than before the pandemic, petrol is going up, diesel and liquid paraffin are going down, and the "cash in sofa affair" has a fiscal impact.

06 December 2022 07:44 / 

Plenty of company news, reports abound that China is abandoning its zero covid strategy, and Ramaphosa heads to the constitutional court.

05 December 2022 07:36 / 

Investors in the rand and SA government bonds have their eye on the Phala Phala saga as the ANC Executive is set to decide Ramaphosa's fate today, and on the international front, China looks set to start easing its covid restriction policy.

02 December 2022 07:36 / 

The rand tanks, bond deals sour, and financial shares plummet as pressure mounts on President Rhamaphosa to resign, Sanlam and Absa sign a deal to create a R1-trillion black-owned asset manager, and Eskom attaches property of the debt-ridden Emfuleni muni

01 December 2022 07:40 / 

Transnet pours cold water on the proposal to develop a southern rail corridor to the Eastern Cape, government bans scrap metal exports for six months, and Jay Powell hints at a slowing of interest rate hikes.

30 November 2022 07:47 / 

South Africa is no longer the country with the highest unemployment rate in the world, and all eyes are on Federal Reserve Chair Jerome Powell ahead of his monetary policy speech to be delivered later today at the Brookings Institute in Washington D.C. (C

29 November 2022 07:38 / 

South Africa faces decades of load shedding according to a new study, interesting figures emerge after Black Friday and Cyber Monday, and a bumpy start to the week on the markets.

28 November 2022 07:56 / 

Has global inflation reached its peak? The third quarter unemployment figures are due out Tuesday, and East Asia markets are affected by anti-covid lockdown protests in China.

25 November 2022 07:37 / 

No surprises, interest rates are up by 325bps, annual headline producer price #inflation recorded its third consecutive month of decline, and a German court has announced that the accounting fraud trial of former Steinhoff CEO Markus Jooste will start ear

24 November 2022 07:34 / 

We're in for a rough ride as inflation snaps back, this also points to another interest rate hike likely to be announced this afternoon, and PetroSA bails Eskom out with 50m liters of diesel.

23 November 2022 07:31 / 

Can South Africa avoid greylisting? A major strike looms in the public sector, and Old Mutual is looking for a banking license.

22 November 2022 07:35 / 

Eskom scrambles to find cash somewhere, somehow to buy diesel, the price of oil continues to fluctuate, and it looks like another interest rate will be on the cards come Wednesday.

21 November 2022 07:33 / 

S&P Global Ratings affirms a positive outlook on South Africa, Eskom has run out of cash to buy diesel, brace yourself for extensive power cuts, and rising covid numbers in China affect the markets.

18 November 2022 07:28 / 

Elon Musk's ultimatum to Twitter staff sparks a mass exodus, 800 thousand public servants prepare to down tools next week, and the JSE is dragged into the red. (Chris Buchanan was standing in for Chris Gibbons)

17 November 2022 07:31 / 

Former Old Mutual CEO Peter Moyo’s hopes of claiming millions from his previous employer have come crashing down, the Spar Group has reported a fall in profit for the year to September, and the US causes a wobble on Wall Street.(Chris Buchanan was standin

16 November 2022 07:44 / 

Public Enterprises Minister Pravin Gordhan says the deal between South African Airways and Takatso is still "alive", the acting group executive for generation at Eskom is leaving the utility with immediate effect, and a rocket blast in Poland affects glob

15 November 2022 07:25 / 

Cash-strapped South Africans looking for lower prices boost Shoprite's growth, investment company Brait aims to raise R3.7bn from Premier’s JSE listing, and pressure on the tech sector drags the JSE down. (Chris Buchanan was standing in for Chris Gibbons)

14 November 2022 08:12 / 

The President of the Institute of Civil Engineers says SA is on its way to becoming a 'failed state', and the United Nations Economic Commission for Africa says that leaders in countries investing in fossil fuel infrastructure will leave behind a legacy

11 November 2022 07:46 / 

South Africa's loan agreements from France and Germany to transition away from coal come with interest rates far below what they can secure on the market, and Fiance Minister Enoch Godongwana says government will take several years to bring its wage bill

10 November 2022 07:47 / 

Lesaka's latest figures put them on track to profitability once again, a proposed paint merger deal between Plascon and Dulux has been scuppered by the Competition Commission, and South Africa secures loan agreements with France and Germany at COP27.

09 November 2022 07:42 / 

Agnico Eagle Mines and Pan American Silver Corp have clinched a $4.8 billion cash-and-shares deal to buy rival Canadian miner Yamana Gold, the Public Service strike is to start tomorrow, and Sasol plans to begin producing green hydrogen at its facility in

08 November 2022 07:45 / 

Global inflation could be reaching a peak, Eskom has started taking steps to recover R1.3bn owed by the Emfuleni local municipality, and concern is raised over massive contracts awarded by Sanral to Chinese companies.

07 November 2022 07:58 / 

President Cyril Ramaphoasa is to address co-leaders at Cop27 as well as negotiate for more money from the Just Energy Transition partners, and China's decision to stick to a Covid Zero approach affects the markets.

04 November 2022 07:33 / 

VWSA to manufacture a new vehicle at its Kariega plant for the South African and African market, Glencore is fined millions by a UK court for bribing its way across Africa, and the Bank of England raises interest rates again.

03 November 2022 07:35 / 

As expected the US Federal Reserve has raised interest rates again, this will have a knock-on effect, and commodity trading and mining company, Glencore, will have to pay a massive fine after admitting to bribery and corruption deals, part of which saw th

02 November 2022 07:39 / 

New vehicle sales are up for October, 800 thousand public sector workers prepare to down tools as talks falter, and the markets await the US Federal interest rate decision to be announced at 18:00 GMT today.

01 November 2022 07:29 / 

Transnet lifts the force majeure at its container handling terminals, Moody's changes Eskom's outlook to positive, and the Public Servants Association gets ready to down tools.

31 October 2022 07:31 / 

It's a big week for the global economy with interest rate decisions from the US Fed and the Bank of England on the cards, and fans of Twitter have their eyes on Elon Musk as he takes ownership of the social media platform, firing top executives and callin

28 October 2022 07:42 / 

Tongaat Hulett finds itself in need of business rescue, Woolworths CEO Roy Bagattini abandons the company's plan to dominate the Southern Hemisphere, and Meta is down by 80 billion dollars.

27 October 2022 07:37 / 

The medium-term budget speech delivered a mixed bag which included the announcement that the government will be taking on a substantial amount of Eskom's debt, and government wages are to be increased by 3%.

26 October 2022 07:36 / 

The Minerals and Energy Minister seems to have done an about-turn on his support of fossil fuels, and all eyes are on Finance Minister Enoch Godongwana ahead of today's medium-term budget report. (Chris Buchanan was standing in for Chris Gibbons.)

25 October 2022 07:35 / 

A strike looms in the public sector, big hits to two key players on the JSE, while the pound reacts to the news that Rishi Sunak is set to be the UK's next prime minister.

24 October 2022 07:43 / 

A big week for South Africa's economy and its consumers, no reaction yet to President Ramaphosa's speech on anti-corruption, and on the markets, the British pound is somewhat happier at the news that Boris Johnson has pulled out of the race to be PM again

21 October 2022 07:35 / 

Cabinet approves investment plan aimed at securing billions in US dollars to be used for climate funding, crypto is to be regulated in SA, and a sigh of relief on the markets as British PM Liz Truss resigns.

20 October 2022 07:32 / 

Inflation is down slightly, but it's not enough to avoid another interest rate hike, MTN has walked away from its bid to buy Telkom, and the markets are in downward mode.

19 October 2022 07:33 / 

Former Steinhoff CEO Markus Jooste's assets seized, Sasol and ArcelorMittal SA partner to develop carbon capture technology while the country's $8.5 billion climate aid package comes under threat.

18 October 2022 07:35 / 

The brutal strike at Transnet is over, Diskem withdraws an internal memo regarding the hiring of white staff, and the markets heave a sigh of relief as new British Fiance Minister Jeremy Hunt rings in the changes.

17 October 2022 07:36 / 

SATAWU rejects Transnet's latest offer while NUMSA has signed an above-inflation deal for its workers, and inflation watchers will have their eyes on the medium-term budget, out this week. 

14 October 2022 07:31 / 

Big Business is calling for an end to Transnet's crippling strike, the top international story - a sharp and surprising rally in stocks - another interest rate hike by the US Federal Reserve Bank now looks to be a certainty.

13 October 2022 07:36 / 

The Transnet strike continues as another major downing of tools looms in the civil sector, two important indices are to be released this week, and the markets await today's US key inflation figures.

12 October 2022 07:35 / 

The Transnet strike brings Africa’s biggest port for iron-ore shipments to its knees, the IMF forecast for the year ahead is a dismal one as the ongoing war between Russia and Ukraine continues to wreak havoc on the global economy.

11 October 2022 07:25 / 

The Transnet strike is starting to bite, Business Leadership SA is describing the downing of tools as "disastrous" for the country, on a broader front the markets continue downwards and investors remain very skittish.

10 October 2022 07:35 / 

Transnet and trade unions to meet over the crippling strike, a nervous Monday morning on the markets, and the US Federal Reserve Bank looks to raise interest rates yet again.

07 October 2022 07:37 / 

The Transnet strike is declared illegal by its management and a force majeure is declared at all its ports. As noted by the Minerals Council the decline in Transnet's capacity has already cost the mining industry R50 billion in lost opportunities in 2022

06 October 2022 07:39 / 

South Africa has submitted its revised energy plan, Google is launching a cloud region in Mzansi, its first in the continent, and Opec Plus is trying hard to keep oil prices above $90 per barrel.

05 October 2022 07:54 / 

Transnet is moving to strike this week, Anglo American Plc and Electricite de France SA form Envusa Energy to develop wind projects in SA, and in a blow for Apple, phone chargers are to be standardized across Europe from 2024.

04 October 2022 07:38 / 

Ongoing power cuts bring factory productivity to a record low across SA, Naspers cancels an R85 billion rand deal with Indian company BillDesk, and the "bear killer" month of October is off to a relatively good start.

03 October 2022 07:37 / 

The NPA adds McKinsey to its R398m Transnet corruption trial, Eskom's Mandy Rambharos quits at a crucial time, and investors start the month licking their wounds.

30 September 2022 07:31 / 

National Treasury has banned Bain & Co. for 10 years, the Auditor-General's head of human resources is fired, and the Special Investigating Unit's probe into corruption at the National Lotteries Commission continues to uncover the siphoning of millions me

29 September 2022 07:30 / 

Stage 15 load shedding looms, Mercedes Benz wants SA's electric car policy fast-tracked, and Britain in turmoil over new MP Liz Truss's unfunded tax cuts.

28 September 2022 10:51 / 

Eskom to get a new board, more dismal unemployment figures released by Stats SA, and 1.6 million work days lost due to strike action. 28

27 September 2022 11:21 / 

The rand comes under pressure due to load shedding with Ramaphosa warning that rolling blackouts will not be going away anytime soon, and the pound dips to a record low causing no confidence letters to roll in for PM Liz Truss.

26 September 2022 07:50 / 

SA billionaire Johann Rupert’s investment vehicle, Remgro, is planning to sell its stake in the local energy giant TotalEnergies, and investors are bracing for another week of market mayhem.

23 September 2022 07:33 / 

No surprises as the week ends with another interest rate hike by the Reserve Bank in a bid to fight rampant inflation - the underlying cause - the war in Ukraine.

22 September 2022 07:30 / 

The Federal Reserve has increased interest rates by 0.75%, SA's Reserve Bank will likely follow suit when they meet today, SAA could face liquidation, and Treasury says carbon tax on businesses to remain in place.

21 September 2022 07:32 / 

A full-blown public service strike is moving closer, small businesses are battling thanks to Eskom, and all eyes are on the US Federal Reserve Bank ahead of their meeting this week.

20 September 2022 07:40 / 

Global markets look to be rebounding on the back of the US Federal Reserve Bank's decision, but, South Africa continues to take pressure due to load shedding with worse to come. 

19 September 2022 07:50 / 

How much worse is it going to get for Eskom? And as a consequence for us? Sekunjalo Group of Companies’ bank accounts will remain open after the Western Cape High Court reserved judgment in Nedbank's appeal, and the US Federal Reserve Bank to announce an

16 September 2022 07:34 / 

Financial services group FirstRand has declared its highest ever annual dividend, Eskom is pushing for NERSA to approve a 32% rate hike, and the World Bank warns of the possibility of a global recession.

15 September 2022 07:36 / 

French billionaire Vincent Bollore’s media empire has nearly doubled its stake in SA's MultiChoice following a collaboration between the two on local productions, SA Express has been placed in final liquidation, while Mango remains in business rescue.

14 September 2022 07:37 / 

The markets are somewhat jittery after US inflation figures released were higher than expected, this will have a knock-on effect globally, and as if that wasn't enough, mining production is down, hampered by load shedding, logistical constraints, and high

13 September 2022 07:34 / 

Eskom's maintenance plan is "not up to scratch" and is not yielding the desired results, load-shedding will be with us for at least another year, and the owners of the abandoned Jagersfontein Mine established.

12 September 2022 08:54 / 

A dam at the abandoned Jagersfontein diamond mine collapsed early Sunday, triggering heavy flooding, damaging property, and killing between 3 and 5 people with the critical question of ownership of the mine not yet answered, and important data comes out t

09 September 2022 08:01 / 

South Africa's current account has swung to a shocking deficit, the European Central Bank raises interest rates warning of more to come, and Sanlam says short-term insurance claims are higher than those for burglaries - all thanks to Eskom's rolling bl

08 September 2022 07:44 / 

Another blow to the billion rand citrus industry, the latest business index figures suggest we might escape a recession, and Eskom recovers R30m paid unlawfully to former CEO Brian Molefe’s pension fund, and will.

07 September 2022 07:39 / 

South Africa's GDP has contracted in the 2nd quarter of this year as our post-pandemic economic recovery loses momentum, this is not helped by Eskom announcing another round of load shedding, and Mango Airlines may be a step closer to taking to the skies

06 September 2022 07:38 / 

A sharp drop in the price of fuel as anticipated, German authorities are probing the SA branch of T-Systems over possible involvement in state capture, and SA's financial services watchdog has fined Praesidium Advisory Services director Craig Massyn R20 m

05 September 2022 07:31 / 

Stand by for a sharp drop in the price of fuel, and in the battle for entertainment domination, Amazon reports that its “Lord of the Rings: The Rings of Power” series drew more than 25 million viewers world

02 September 2022 07:46 / 

''Corruption is still deeply entrenched at Eskom", the High Court has set aside the Energy Minister's decision to grant Shell a permit to do seismic surveys on the Wild Coast, and manufacturing is looking up.

01 September 2022 07:37 / 

Plans are afoot to create a new state-owned power company, meanwhile, Eskom has announced that load-shedding will be here for the summer, and Aspen signs a ten-year deal with India's Serum Institue.

31 August 2022 07:35 / 

Old Mutual appears to have emerged strongly from the pandemic, Harmony suffers large share loss, and all eyes still on the US after the closing of the Jackson Hole Economic Symposium.

30 August 2022 07:35 / 

Car sales are back to pre-covid levels, Transnet's Brian Molefe and Anoj Singh granted R50k bail, and Walmart has made an offer to buy out the rest of S.A retailer Massmart.

29 August 2022 07:43 / 

The eight major insurance firms raided last week are suspected of competition collusion, SARS targets Gold Leaf Tobacco, and the key message from the Jackson Hole Symposium is that harsh economic times still lie ahead.

26 August 2022 07:37 / 

The Competition Commission raids 8 major insurance companies simultaneously, the National Lotteries Commission chief operations officer resigns under a cloud, and a Paris-based think tank is urging South Africa to reform its tax system.

25 August 2022 07:31 / 

Inflation at a seven-year high, two women, one of them a whistleblower, dismissed from SARS during Tom Moyane's tenure have been reinstated, and the Jackson Hole Economic Symposium gets underway in the USA today.

24 August 2022 07:38 / 

Some good news as South Africa's unemployment rate falls slightly, Eskom considers cutting the power supply to the city of Tshwane, and government warns civil servants taking part in today's strike action - no work, no pay.

23 August 2022 07:37 / 

Transnet has released a shortlist of four private partner bidders for the upgrade of the Port of Ngqura, and South Africa will in all probability be greylisted despite government announcing new legislation to fight financial criminality.

22 August 2022 07:28 / 

The plant-based food industry granted a reprieve over meat-like labeling as the Department of Agriculture is hauled to court over the matter, the rand is still under pressure, and unemployment and inflation figures out this week. 

19 August 2022 07:39 / 

Finance Minister Enoch Gondongwana says he will step down if sexual misconduct allegations against him prove to be true, the war of words over vegan food labeling continues, it's worth noting that this has already been to court in Europe.

18 August 2022 07:35 / 

The Reserve Bank Governor warns authorities to do more to combat money laundering or face being placed on a global grey list, tech Chinese giant Tencent posts first-ever revenue decline, and Elon Musk was only 'joking'.

17 August 2022 08:38 / 

SA's National Lottery head resigns under a cloud, the movement of cattle is banned throughout the country, and Rain says it will submit a formal non-binding proposal to Telkom in due course.

16 August 2022 07:30 / 

Some stunning results from leading coal producer Thungela Resources, Cosatu has announced a national strike for next Wednesday, and some good news in September at the pumps.

15 August 2022 07:30 / 

A public apology by Bain & Co over its role in destabilizing South Africa’s economy, government talks with public sector trade unions falter again, and striking SARS workers have returned to work.

12 August 2022 07:42 / 

Drama in the internet and telecoms sector over Rain/Telkom 'merger', SAA given 90 days to provide details on Takatso deal or risk losing licenses, and mining production slips yet again.

11 August 2022 07:24 / 

Gqeberha's Aspen Pharmacare to stop producing J&J covid vaccines, SACCI's latest report is an indication that the business climate is gradually returning to normal, and inflation in the US is down.

10 August 2022 07:43 / 

The US/China/Tawain tension continues to make investors jittery, the South African Chamber of Commerce and Industry's business confidence index is to be released this week, and a refinery in Mossel Bay could be using indigenous gas by 2024.

08 August 2022 07:33 / 

Government's Trade and Industry Minister has proposed a six-month ban on the export of scrap metal, job growth surges in the United States, and from Wednesday on a string of important data will be released giving a clear indication of South Africa's 'econ

05 August 2022 07:44 / 

Is South Africa's economy in better shape than many of us suspect? The strike in the motor industry draws closer, a consortium to buy SA firm Mediclinic, and the global markets still nervous on the back of Nancy Pelosi's visit to Taiwan.

04 August 2022 07:42 / 

The tourism and travel sectors could be facing another crunch, NUMSA readies for a national strike in the motor industry, and applause for the UK government's banning of Bain & Co over links to state capture in South Africa.

03 August 2022 08:01 / 

The visit by the USA's House Speaker, Nancy Pelosi, to Taiwan affects the markets, locally Massmart has reported huge headline losses, and BP scores a massive upswing while consumers battle on.

01 August 2022 07:38 / 

We can look forward to a significant drop in the price of fuel Wednesday, will we look back on July as the month during which the markets turned decisively? Two things are certain - we need to get inflation under control and interest rates will rise again

29 July 2022 07:40 / 

The SA Government has lodged a dispute with the World Trade Organisation over 'draconian' new measures imposed on citrus imports by the EU, Anglo American cut its interim dividend Thursday over a drop in earnings and revenue, and home producer pric

28 July 2022 07:37 / 

The numbers are staggering, Eskom, already saddled with R396 billion debt, will need at least R990 billion to fund new-generation and distribution capacity, the US Federal Reserve Bank raised interest rates as expected, and there could be some good news

27 July 2022 07:41 / 

The IMF has slashed its global growth forecast and raised inflation projections, on the back of this Unilever has raised prices by 11 % globally, and Telkom's outgoing CEO scores massive payouts.

26 July 2022 07:42 / 

President Ramaphosa has unveiled his much-anticipated plan to end the country's energy crisis, as part of the plan he wants to encourage businesses and households to install rooftop solar and connect to the grid, and South Africa has formally requested

25 July 2022 07:34 / 

Is government moving to deregulate the price of petrol in our country? A lot of wait and see as we also ask can Eskom keep its promise of no load shedding until at least 29 July, and will Russia honor the agreement signed last week to reopen Black Sea rou

22 July 2022 07:36 / 

SA households under further strain as the Reserve Bank announced its biggest interest rate hike in 20 years, the European Central Bank has raised its interest rate for the first time in over a decade, and Italy's prime minister Mario Draghi resigns after

21 July 2022 07:36 / 

South Africa's consumer inflation rate has jumped to its highest rate in 13 years, this will no doubt impact the outcome of this afternoon's Reserve Bank meeting, and Eskom is planning to charge solar PV users tied to the national grid a monthly ta

20 July 2022 07:41 / 

If things stay the way they are South African motorists and commuters could be in for a pleasant surprise next month, Scatec gears up to start construction of its solar and battery project in the North West, and Twitter wins a motion to go to trial agains

19 July 2022 07:37 / 

Global markets are somewhat choppy at the moment, Apple plans to put the brakes on hiring in 2023 as inflation in the US hits a 40-year high, and at least 40 branches of SARS countrywide have been forced to close due to staff strikes.

18 July 2022 07:31 / 

SASOL to declare a force majeure on the supply of petroleum products, all eyes are on Ramaphoasa as the country awaits the unveiling of his plans to save Eskom, and the Reserve Bank to meet Thursday.

15 July 2022 07:42 / 

The SARS strike is starting to bite, lobby group Business Unity South Africa has released a plan to solve the energy crisis, and the Italian government said to be on the brink of collapse.

14 July 2022 07:40 / 

Is a strike in the car sector imminent? The state to target so-called 'mafia groups' compromising Eskom's operations, and inflation hits an all-time high in the USA. 

13 July 2022 07:37 / 

The dominos are beginning to fall - four Eskom employees have been arrested for corruption, a possible strike in the public sector is moving closer, and the markets remain steady.

12 July 2022 07:38 / 

Ramaphosa to announce a comprehensive plan to tackle the energy crisis, SA's citrus industry facing losses as a new EU regulation kicks in, and a difficult day on the markets as Chinese internet giant Tencent is fined once again.

11 July 2022 07:35 / 

The spotlight on credit agencies as South Africa's position remains challenging, Elon Musk faces legal battle after calling off Twitter deal, and fears of another lockdown in China rattles the markets.

08 July 2022 07:47 / 

Bidvest has bought the Australian cleaning services group BIC for R1.8 billion, MediClinic 's board has approved a fourth takeover offer, and the pound firms on the back of Boris Johnson's resignation.

07 July 2022 07:39 / 

The National Planning Commission wants the Eskom crisis declared a national emergency, former Eskom CEO Brian Molefe ordered to pay back over ten million plus interest to the power utility, and interest rates predicted to rise again.

06 July 2022 07:42 / 

Eskom's wildcat strike is over as a 7% wage increase and an additional R400 housing subsidy is accepted by trade unions, this will cost a whopping R1 billion extra a year - where will that money come from we wonder? And the price of oil plummets.

05 July 2022 07:34 / 

Business braces for record price fuel increases, Naamsa warns government to adapt motor vehicle policy, and trade unions to respond to Eskom's wage offer later on today.

04 July 2022 07:38 / 

Talks between Eskom and trade unions set to continue tomorrow, another credit rating downgrade on the horizon for SA, and a global food crisis looms as the war in Ukraine rages on.

01 July 2022 08:07 / 

Stage 6 load shedding impacts businesses across South Africa as the country reels from the worst run of Eskom's rolling blackouts - the cost to the economy is estimated to run into billions.

30 June 2022 07:39 / 

A steep interest rate hike predicted when the Reserve Bank meets next week, inflation one of the factors contributing to record-low consumer confidence, more petrol price increases, a possible recession, and ongoing load shedding all contributing to SA's

29 June 2022 07:41 / 

Has a deal been struck between Eskom and the trade unions? Stage 6 load shedding hits the rand and government bonds, and economists warn of a ratings downgrade.

28 June 2022 07:38 / 

Naspers and Prosus dominate this morning's report, not only did the share prices of the two companies increase sharply, record volumes traded on the JSE Monday - all on the back of Tencent's share buyback plans.

27 June 2022 07:51 / 

Eskom's credit risk is soaring as it continues to battle a wage dispute with trade unions, and sugar giant Tongaat Hulett's bid to implement a R5 billion recapitalization plan looks to be in tatters.

24 June 2022 07:47 / 

The SA Citrus industry facing a perfect storm according to the Citrus Growers Association CEO , and the government's egregious attack on the plant-based food industry an "insult to the consumer" and a waste of taxpayers' money in a rapidly growing market.

23 June 2022 07:55 / 

A steep interest rate hike on the cards for SA, wage talks between Eskom and NUMSA stall, and the markets remain mixed as a recession in the US looms.

22 June 2022 07:47 / 

Local airline FlySafair plans to add ten new routes across Sub-Saharan Africa, MTN is ramping up its rollout of 5G, and Elon Musk says a recession in the USA is an inevitability.

21 June 2022 07:43 / 

South Africa's economic activity bounces back, the ministerial task team adopts a plan of action aimed at resolving the unrest in the road freight sector, and Discovery Bank moves its member's benefits to SAA.

20 June 2022 07:32 / 

Which way for the markets? The world's wealthiest suffer losses and the price of brent crude oil drops.

17 June 2022 07:42 / 

The US Central Bank and the Bank of England target inflation by raising interest rates, and SA's Freight Industry demands government takes action against protestors.

15 June 2022 07:32 / 

The NMB Business Chamber appeals to NERSA to step in, citing no faith in the municipality to manage electricity supply to the city, nationally business confidence has dropped, and the Supreme Court of Appeal confirms that government was wrong to ban the s

14 June 2022 07:44 / 

The carnage continues on the global stock markets, a comprehensive new strategy could offset the scourge of load shedding by 2023, and the return of Grand Prix racing to Kyalami on the cards.

13 June 2022 07:42 / 

The markets continue to head South, the Financial Times front-page lead speaks of London and the US heading for a recession next year with more interest rate hikes expected in the US and no doubt, here too.

10 June 2022 07:49 / 

Private carrier Comair is grounded for good and files for liquidation, mining output has fallen, and the markets are in a downward spiral.

09 June 2022 07:30 / 

Is Ramaphosa "mortally wounded"? The Public Protector announces a probe into the saga of the missing money from his game farm in Limpopo, and the rand is looking stronger, all thanks to Japan's Mrs. Watanabe!

08 June 2022 08:25 / 

South Africa's economic growth better than expected, another interest rate likely on the cards, and the IMF pays a visit to South Africa.

07 June 2022 07:51 / 

Elon Musk threatens to abandon Twitter deal, the arrest of two of the Gupta brothers makes headlines, and Ryanair defends its bizarre Afrikaans language test.

06 June 2022 07:44 / 

The mining strike is over, African Media Entertainment shows strong post covid recovery, and Standard Bank's Chief Engineering Officer resigns with immediate effect.

02 June 2022 08:03 / 

Comair's suspension of flights enrages passengers, NAAMSA reports that vehicle sales are down, and Elon Musk orders Tesla staff to return to the office or else!

01 June 2022 07:39 / 

Comair suspends flights as it scrambles to raise additional funding, SA consumers and businesses granted a last-minute reprieve at the pumps, and the unemployment rate drops marginally.

31 May 2022 07:55 / 

Eskom's CEO slams government's cap on private power generation while load-shedding continues to hammer the economy with more bad news to come as economists predict a massive fuel price hike.

30 May 2022 07:37 / 

Government in crisis talks over how to stave off another steep increase in the price of petrol as the cost of brent crude oil continues to climb, and two key sets of figures out today.

27 May 2022 08:50 / 

The April producer price inflation hits a new record, the transition from coal to green energy to cost trillions, and government considering some relief at the pumps.(Chris Buchanan was standing in for Chris Gibbons)

26 May 2022 07:42 / 

The Minerals and Energy minister criticizes those who insult the state, a new corporation for deposit insurance is being established by the Reserve Bank, and nationwide strikes affect SARS.

25 May 2022 08:04 / 

A strike expected in the mining sector if wage negotiations are not met, the great digital migration to happen in June, and the financial sector reeling in shock at the death of respected economist Mike Schussler.

24 May 2022 11:27 / 

NERSA given the green light for solar projects in the North West, a disruptive industrial action season predicted for South Africa, and a warning of a global recession from the World Economic Forum.