Finance Minister Nhlanhla Nene Photo: Brenda Masilela / ANA

CAPE TOWN -  Good morning. This is all the latest business news that you need to know today.

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 Finance Minister Nhlanhla Nene yesterday told investors that the government would proceed to cut its headroom to rein in public spending as he readies himself to deliver the medium-term Budget policy statement (MTBPS) next month.

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Mining production contracted 5.2 percent year on year in July, the biggest drop since March, Statistics SA (StatsSA) said yesterday.

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Impala Platinum (Implats) has impaired R13.6 billion at its Impala Rustenburg subsidiary in the North West in the year to June 2018, as it continues with a restructuring process that will last until 2020.

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African Equity Empowerment Investment (AEEI) plans to create employment for about 100 people in its fishing sector business over the next year.

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The Italian football league’s first division, Serie A, received a major boost in the past transfer market with mega super star, Cristiano Ronaldo joining the league, moving over from Spanish side Real Madrid to the country's super club, Juventus. 

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 South African insurance giant, Discovery has managed to shed some light on where the nation's best and worst drivers come from.

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Africa's first-ever Comic Con is happening this weekend at the Kyalami Grand Prix Circuit and International Convention Centre in Johannesburg. 

- BUSINESS REPORT ONLINE