Latest News & Developments
Global markets brace for US President Donald Trump's trade tariffs as Old Mutual's Siboniso Nxumalo and Meryl Pick analyse the economic headwinds and investment strategies for South Africa.
Explore how South Africa's telecommunications sector is navigating economic challenges and emerging stronger, offering insights for investors and consumers alike.
Explore the challenges faced by Spar South Africa, from loyalty issues among franchisees to the impact of international ventures on their debt and margins.
Investec anticipates modest profit growth for FY2025, despite a challenging economic climate, while headline earnings per share may decline by up to 8%.
The Johannesburg Stock Exchange experiences a significant rally as investor confidence grows following the new budget and improved economic outlook.
Metair Investments Limited's shares surged by 15. 86% to R5. 99 on the JSE after the company announced a significant capital restructuring plan, aiming to alleviate its 45. 28% decline this year and restore investor confidence.
South Africa's largest REIT, Growthpoint Properties, delivers robust half-year results with a 3. 9% increase in distributable income, driven by strong performance in logistics and the V&A Waterfront. Strategic asset repositioning and focus on high-growth sectors signal positive outlook amid improving market conditions.
South Africa’s Real Estate Investment Trust (REIT) sector is showing signs of resilience amid a turbulent global backdrop, posting a 1. 2% recovery in February after a shaky start to the year,
Clientèle's latest financial results reveal a 217% surge in earnings per share, driven by the R469. 1 million gain from the 1Life acquisition. Despite challenging economic conditions affecting customer affordability, the group maintains optimistic outlook with strategic growth initiatives
Ascendis Health's journey from near-bankruptcy to profitability showcases how strategic leadership and financial discipline can transform a failing business. This inside look at the company's R8 billion debt recovery and operational overhaul offers valuable lessons for corporate turnarounds in South Africa.
Discover how South Africa's retail landscape is shifting amidst economic pressures and what Tencent's resurgence means for investors.
Despite global market turbulence following US trade tariffs, South Africa's currency and stock market demonstrate remarkable resilience, while fuel price decreases signal positive economic indicators for local consumers.
The JSE All Share Index climbed over 1% while the rand reached its strongest level in seven days, boosted by potential trade compromises between North American nations and strong performance in resource stocks. Mining shares led the surge with Impala Platinum showing remarkable gains
Tavaziva Madzinga, Santam’s Group CEO, characterised 2024 as "a difficult year with tailwinds and economic constraints". Despite this the group showed steady growth, with headline earnings per share rocketed 51% to 3 477 cents from 2023.
Global markets face pressure as US consumer spending falls and inflation concerns rise, while South Africa's economy shows mixed signals with inflation at 3. 2% and anticipated GDP data release. Key market indicators and economic metrics reveal shifting dynamics in both international and local contexts
South Africa's Public Investment Corporation (PIC) has rejected Barloworld's R123. 10 per share takeover bid, citing governance concerns. The state-owned asset manager's opposition, along with other key shareholders, threatens to derail the R23 billion buyout plan led by CEO Dominic Sewela and Saudi-based Zahid consortium.
Truworths International reports a 2. 4% increase in retail sales to R12. 5 billion for the 26 weeks ending December 29, 2024, despite a decline in gross profit margin. The company's headline earnings per share fell 4. 6%, prompting a cautious outlook for investors
Despite a 40% increase in trading value following the formation of South Africa's Government of National Unity, the JSE continues to face challenges in attracting foreign investors. Industry leaders discuss the path forward at SA Trade Connect Conference
South African insurance leader Sanlam anticipates exceptional growth across its business lines, with headline earnings projected to rise by up to 40% in the 2024 financial year.
SPAR's latest trading update reveals a 1. 6% decline in total sales, despite strong performance in Southern African operations and significant growth in online orders.
Vietnamese property and aviation tycoon Trinh Van Quyet faced justice in Hanoi on July 22 as authorities asserting their iron fist on wrongdoings among the business community.
Many people struggle to reconcile desires with their actual financial capacity.
Personal Finance has always aimed at cutting through industry jargon to explain finance in language you can understand.
The consequences of repeated, brazen antisemitic attacks over the past few weeks have unravelled the empire of Ye, the musician and fashion designer better known as Kanye West, and tarnished his goodwill with financial institutions and celebrity footholds.