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International
4 days ago
Two HSBC execs charged in forex scheme
Two HSBC execs charged in forex scheme

A senior HSBC Holdings Plc manager has been arrested alongside a former foreign exchange executive for engaging in a scheme ...

Companies
4 days ago
Huawei to train 1 000 South Africans in ICT
Huawei to train 1 000 South Africans in ICT

Huawei will train 1000 young South Africans in information and communications technology in China over the next five years.

Companies
5 days ago
Eskom is emerging from the darkness
Eskom is emerging from the darkness

Eskom is so confident about its generation capacity that it’s planning to sell excess power.

International
5 days ago
Bulls vs bears: Turkey’s turmoil splits big money
Bulls vs bears: Turkey’s turmoil splits big money

BlackRock says go for it. Deutsche Bank says wait and see. Wells Fargo says it’s not worth the risk.

Business News
5 days ago
Inflation pulls away from SARB’s target range
Inflation pulls away from SARB’s target range

Analysts say SA’s latest inflation figures are probably not enough to justify an interest rate hike by SARB this week.

Companies
5 days ago
Shoprite jumps as sales growth increases
Shoprite jumps as sales growth increases

Shoprite’s growth in full-year sales accelerated, led by gains at stores outside its home market of South Africa.

Business News
5 days ago
African Bank names new non-executive director
African Bank names new non-executive director

African Bank names chartered accountant Sydney Mhlarhi as a non-executive director of the bank and its holding company.

International
5 days ago
IMF slashes Britain’s growth outlook
IMF slashes Britain’s growth outlook

The International Monetary Fund has cut its forecasts for UK GDP growth in the wake of the nation’s Brexit vote.

International
5 days ago
BHP: 2017 iron-ore output may be flat
BHP: 2017 iron-ore output may be flat

Mining titan BHP Billiton forecasts iron-ore production may be flat this fiscal year and petroleum output is seen declining as much as 17%.

Markets
5 days ago
European shares edge up
European shares edge up

European shares climbed on Wednesday after solid results from Swiss life sciences group Lonza and software firm SAP.

Markets
5 days ago
Hong Kong shares finish firmer
Hong Kong shares finish firmer

The Hang Seng Index rose 1 percent on Wednesday, while the China Enterprises Index gained 0.4 percent.

Business News
5 days ago
SA’s June CPI quickens
SA’s June CPI quickens

South Africa’s headline consumer inflation quickened to 6.3% year-on-year in June, according to Stats SA.

Business News
5 days ago
Recession risk looms large for SA
Recession risk looms large for SA

SA’s rate-hiking cycle may be coming to an end amid the threat of the country’s first recession in seven years.

Companies
5 days ago
Aspen expands in China
Aspen expands in China

Africa’s biggest maker of generic drugs ramps up distribution of its low-cost pharmaceuticals in China.

Commodities
5 days ago
Anglo American cuts copper target
Anglo American cuts copper target

Anglo American reduced its full-year copper-production target after bad weather hit its operations in Chile.