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2018 will be crucial to the flickering fortunes of Africa’s most...

The year will see a showdown between government, civil society, labour and business.

Angola’s central bank’s new currency plan could see kwanza devaluing by...

The central bank said on Wednesday it would shift from a currency peg to a trading band,

Rand enjoys best quarter in more than seven years

Emerging market stocks, currencies enjoy best year since 2009

Steinhoff strengthens board with former Absa, Sanlam CEO & investment banker

Also appoints new independent financial and operational advisers

Africa’s largest pension fund, the PIC reveals it exposure to Steinhoff

PIC is awaiting further information from investigations by domestic and international regulators and/or law enforcement agencies

Treasury comments on Steinhoff, backs FSB’s investigation

Finance Minister Malusi Gigaba will also have discussions with other appropriate regulators, like the Independent Regulatory Board for Auditors

Steinhoff – the largest corporate failure of the active asset management...

Magda Wierzycka argues that the failure of Steinhoff has shocked even the most seasoned asset managers. 

Billionaire Christo Wiese to head Steinhoff as CEO quits

South Africa-headquartered, Dutch-registered Steinhoff has been under investigation for suspected accounting irregularities by the state prosecutor in Oldenburg, Germany since 2015.

Barclays announces final sale of stake in Barclays Africa

Barclays (BARC.L) will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest...

SARB wary as risks remain: FNB

Mamello Matikinca |FNB Chief Economist Following the South African Reserve Bank’s decision earlier today to leave interest rates unchanged, FNB confirms that it will maintain...

This is how much business contributes to South Africa

BLSA members employ 1.29 million people and add R1.9 trillion in value to the economy.

Michael Sachs to join the Gauteng Provincial Government

Statement by Gauteng Provincial Government Gauteng Premier, David Makhura, has requested the Finance Minister, Malusi Gigaba, to facilitate the lateral transfer of Michael Sachs, the...

Are South African millennials going to land up broke?

Pieter Rossouw | Momentum Financial Wellness for the Afrilennial - the South African millennial - is a challenging prospect. It could be said that Afrilennials, who...

Multinational SAP concludes probe, reports Gupta-related misconduct to US authorities

SAP has voluntarily disclosed information about its South Africa business to U.S. authorities responsible for enforcing the U.S. Foreign Corrupt Practices Act.

Platinum miner Lonmin to cut over 1,000 jobs in SA: union

Platinum miner Lonmin plans to cut over 1,000 jobs before Christmas.

Bitcoin defies critics, hits further all-time highs

Jameel Ahmad | FXTM It’s been another historic week for the price of Bitcoin. The crypto currency managed to climb to a new all-time high above...

Gold falls to 7-week low as dollar firms

Gold prices were little changed after marking a 7-week low on Tuesday, as equities and the dollar were buoyed in Asian trade by upbeat...

Gold drops to lowest in nearly 7 weeks

Gold slipped to its lowest in nearly seven weeks early on Monday as the U.S. dollar rose and equities gained, while growing expectations for...
Low oil price drives down Sasol's earnings by 24 %

Fuel franchising continues to be resilient as economic indicators remain subdued

By: James Noble | Absa Business Banking   The South African fuel retail industry has grown considerably in recent years. In fact, it is one of the...

Africa could find itself hovering on the brink of disaster if...

Rand Merchant Bank’s seventh edition of Where to Invest in Africa presents some interesting changes in its ratings of the continent’s most attractive investment destinations.
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