Business
Fin24.com | More than 50% of SA’s population is living in poverty

More than half of the South African population is living in poverty, data from Statistics South Africa shows...

Fin 24
Fin24.com | Shoprite resilient despite rand, recession woes

Despite a constrained trading environment, Shoprite Holdings is healthy and doing well across multiple brands and regions, according to CEO Pieter Engelbrecht...

Fin 24
Vox launches ‘toolbox’ to help startups and SMMEs create an online presence

Integrated ICT and telecommunications company, Vox, has launched an online marketing toolbox aimed at providing startups and SMMEs with bundled services to create an online pr...

BusinessTech
President Zuma signs Financial Sector Regulation Act into law

President Jacob Zuma attempts to support and sustain South Africa's unsettled financial system by signing into law the Financial Sector Regulation Act...

IOL Business
eNCA | Group Five CEO says climb back to profit will be a challenge

South Africa's Group Five chief executive said on Tuesday it would be challenging to lift the construction firm back into profit but the goal would be achieved...

eNCA Business
Fin24.com | KPMG’s questionable behaviour goes beyond Gupta companies

Yet another scandal means it’s time for some changes in the auditing industry...

Fin 24
Johannesburg rental market gets a big boost

The residential rental property market is set to receive a significant boost from a strategic alliance...

IOL Business
Group Five faces massive challenges to climb back to profit

Group Five chief executive says it would be challenging to lift the construction firm back into profit but the goal would be achieved...

IOL Business
Sasol shares trade positively despite 15% fall

Sasol shares traded in positive territory despite the group announcing a 15% fall in headline earning for the year end to June...

IOL Business
Pay back the money: Vodacom to reimburse users for lost data, airtime

Affected Vodacom users vented their frustration on social media after receiving depletion notifications...

Eyewitness News Business
How the rush to leave South Africa is starting to hurt business

Economic and political uncertainty under the current regime, along with unemployment at its highest point in more than a decade, is fueling an exit by South Africa&#03...

BusinessTech
Italtile-CIL merger gets the green light

The Competition Tribunal has given the Italtile merger with Ceramic Industries Limited and Ezee Tile Adhesive Manufactures the green light with conditions...

IOL Business
Monitoring – Effective business tool or necessary evil?

Monitoring is too often seen as a necessary evil instead of an enabler to improve the IT business and facilitate improved uptime...

BusinessTech
Cell C gets 2 new board members

The appointments follow the recapitalisation of Cell C, whereby Blue Label Telecoms and Net1 acquired 45% and 15% of the company’s share capital...

IOL Business
Get ready for big price shocks in September and beyond

South Africa's economic woes are expected to continue into the last quarter of the year - with the first major blow coming in September when petrol prices are exp...

BusinessTech
OPINION: Climate change is definitely affecting SA businesses

It is evident that businesses are incorporating climate change into their internal decision-making processes to reduce greenhouse gas emissions...

IOL Business
Entrepreneur launches music school in Mitchell's Plain (GABBY)

Trevino Isaacs (26), took his skills in music to the community of Mitchell’s Plain by opening a music school aimed to create opportunities for kids...

IOL Business
Entrepreneur launches music school in Mitchell's Plain

Trevino Isaacs (26), took his skills in music to the community of Mitchell’s Plain by opening a music school aimed to create opportunities for kids...

IOL Business
Fin24.com | Vodacom to reimburse customers struck by data glitch

Vodacom will reimburse customers affected by Monday night's billing issue, after scores of customers took to social media sites to complain when a network glitch...

Fin 24
Vodacom says sorry to customers after disappearing data crisis

Vodacom said it was refunding airtime and data to customers whose data mysteriously disappeared...

IOL Business
Manyi: Nothing sinister about ANN7, 'TNA' payment plan

Mzwanele Manyi says he takes offence to the notion that his purchase of the two media companies is a front...

Eyewitness News Business
19 Women-owned businesses graduate from R250 000 development programme

19 women-owned businesses graduate from R250 000 enterprise development programme at the Nelson Mandela Bay Science and Technology Centre in Uitenhage...

IOL Business
Fin24.com | Asian stocks rise in thin trading, yen declines

Asian stocks have risen in thin trading as the yen snapped four days of gains and investors reassessed positions ahead of a meeting of central bankers...

Fin 24
We now have Facebook-nevers

Usage rates for Facebook, Instagram and Snapchat are running roughly in parallel between the US and UK, according to eMarketer’s latest forecasts of social network usage in...

BusinessTech
Fin24.com | Zuma should face ANC inquiry - Sisulu

The ANC should initiate disciplinary action over allegations that President Jacob Zuma and members of a family in business with his son have looted state coffers, says Lindiwe...

Fin 24
eNCA | What is vendor financing?

Mzwanele Manyi is getting a loan from Oakbay InvestmentS to buy ANN7 and The New Age Newspaper for a total of R450-million...

eNCA Business
Youth owned rural co-operatives ensured sustainability and growth

An SMME Development programme identified 9 youth owned rural co-operatives in KwaZulu-Natal that were ensured sustainability and growth...

IOL Business
How high can Bitcoin go?

The consensus is that the biggest cryptocurrency, Bitcoin, will face some resistance around $4,500 to $4,800 and correct, to then continue rallying...

BusinessTech
Naspers investor Allan Gray to oppose executive pay policy

Naspers shareholder Allan Gray plans to vote against the remuneration policy of Africa’s biggest company because it isn’t aligned to the performance of the business outsid...

BusinessTech
National Treasury on brink of discovering over-indebted South Africans

National Treasury will conduct a study to profile over-indebted South Africans and probe into how South Africans have become severely debt-strapped...

IOL Business
DoL takes 6 JSE companies to Labour Court

The Department of Labour has taken six JSE-listed companies to the Labour Court for lying about required employment equity (EE) plans...

IOL Business
Rand weakens after a cautious trade but JSE gains

The rand weakened, giving up gains from last week, with traders cautious ahead of the US Federal Reserve’s annual central banking symposium...

IOL Business
Fin24.com | Naspers investor Allan Gray to vote against executive pay policy

Naspers shareholder Allan Gray plans to vote against the firm's remuneration policy because it isn’t aligned to the performance of the business outside a stake...

Fin 24
Gold miner AngloGold incurs a loss of $93million in the last six months

Anglogold Ashanti, the world’s third biggest gold producer, yesterday reported that it had plunged to a $93million (R1.22billion) headline loss...

IOL Business
Rand falls in cautious trade, JSE gains

The Rand weakened yesterday, giving up gains from last week...

IOL Business
A deeper look into Oakbay's sale of their media assets

Oakbay Investments yesterday moved to protect some of its assets offloading its media assets to former government spokesperson Mzwanele Manyi...

IOL Business
OPINION: Thousands of former cattle ranches are now profitable game farms

South Africa’s wildlife is thriving, one of the reasons for this is that landowners can profit from animals living on their land...

IOL Business
Fin24.com | Bitcoin analysts compete for highest forecast as profile grows

Bitcoin has been on a tear this year, more than tripling in value as it crossed the $4 000 mark and touched a record $4 477...

Fin 24
eNCA | Mining giant BHP posts annual net profit of $5.89bn

The world's biggest miner recorded underlying profit of $6.73 billion for the year to June 30...

eNCA Business
eNCA | Metals mine fresh peaks, stocks struggle

Analysts said market participants were also awaiting an upcoming speech from Trump on U.S. strategy in Afghanistan later in the evening...

eNCA Business
Vodacom customers see red over disappearing airtime and data

South Africa's largest mobile operator Vodacom was trending on social media on Monday evening, as subscribers complained that their data and airtime had disappear...

BusinessTech
Infrastructure critical for Africa's growth

Minister of Trade and Industry said that the development of infrastructure is a catalyst for regional integration for increased trade in Africa...

IOL Business
#RandReport: Rand retreats in cautious trade

At 15:00 GMT, the rand was down 0.27% to 13.1825 per dollar...

Eyewitness News Business
Zuma signs Financial Sector Regulations Act into law

The act also provides for co-operation between the National Credit Regulator, the Financial Intelligence Centre and the Reserve Bank...

Eyewitness News Business
Fin24.com | Cope urges Icasa to close down ANN7

Opposition party Cope has urged the Independent Communications Authority of South Africa to revoke the broadcasting licence of former Gupta-owned TV channel ANN7...

Fin 24
Zuma signs Financial Sector Regulation Act into law

President Jacob Zuma signed the Financial Sector Regulation Act, 2017 into law, the Presidency said on Monday...

IOL Business
Youtap launches QR code solutions and apps for markets in Africa and Asia

Global provider of contactless mobile payments and financial services software has launched a QR code solution and apps for mobile money in Africa and Asia...

IOL Business
Fin24.com | Nowhere to hide from taxman as D-Day for offshore disclosure looms

The window period for taxpayers to disclose offshore assets and income to SARS as part of its special voluntary disclosure programme will soon close...

Fin 24
Zim restrictions on SAA flights officially lifted

On Saturday SAA cancelled all flights between South Africa and Zimbabwe...

Eyewitness News Business
Manyi: ANN7, 'The New Age' will report objectively, even on Guptas

Mzwanele Manyi says the ANN7 and 'The New Age' will tell the news as it is and will even report on the Guptas...

Eyewitness News Business
eNCA | AgloGold Ashanti indebted by loss-making SA mines

AngloGold Ashanti has reported a loss for the first-half of the financial year. This comes as the miner prepares to cover retrenchment costs for a possibly over 8000 jobs...

eNCA Business
Manyi determined to grow his new media companies

Controversial Gupta-aligned businessman Mzwanele Manyi says he's determined to grow his newly-acquired news media companies...

SABC Business
Fin24.com | Sasol prepares for tax battle

Sasol could potentially end up with a R12.8bn tax bill. But the petrochemicals group believes that it has an excellent chance of having the bill set aside...

Fin 24
Wool prices hit record highs

Cape Wool SA says the price has increased by 25% compared to the corresponding sale of the previous season...

Eyewitness News Business
Acumatica takes award for Best ERP Software

Local Acumatica premier partner, One Channel has announced that the Acumatica Cloud ERP picks up a number of awards...

IOL Business
eNCA | Sasol slashes dividends

The petrochemical company reportes a 15 percent drop in earning for the year that ended in June...

eNCA Business
Infrastructure a catalyst for increasing inter-regional trade: Davies

The development of infrastructure was an essential and absolutely fundamental catalyst for regional integration for increasing inter-regional trade and for industrialisation i...

SABC Business
Numsa concerned about spate of attacks on rail workers

Since 2014, the union says there's been at least three serious incidents in the Western Cape and other parts of the country...

Eyewitness News Business
OPINION: Understanding the behaviour of investors

As Wall Street and world stocks chalk up record high after record high, anxiety about a steep correction is mounting...

IOL Business
Fin24.com | Zuma signs Twin Peaks Bill into law

The Financial Sector Regulation Act - also known as Twin Peaks - has now been signed into law...

Fin 24
The state companies running on empty in SA

State-owned companies in South Africa have been marked by ratings agencies as one of the biggest risks to the country's crawling economy...

BusinessTech
Fin24.com | Retailers, financials push JSE higher

The JSE, buoyed by retailers and financials which bounced on the back of the firmer rand, has closed in the green...

Fin 24
Illicit cigarette trade costing SA almost R6 billion

The British American Tobacco South Africa ( BATSA) on Monday launched an awareness campaign around the illicit trade of tobacco and cigarettes in SA...

IOL Business
Fin24.com | How siblings are impacted by collation in a will

There is a legal principle which, if not specifically excluded from a parent's will, can lead to a laborious “squaring of the books”...

Fin 24
‘Open rhino horn trade to encourage transparent, regulated process’

The Private Rhino Owners Association says any regulation into the sale of horns is welcome...

Eyewitness News Business
Fin24.com | PPF cheers Manyi's Gupta media purchase

The Progressive Professionals Forum says the sale of Gupta-owned ANN7 and The New Age newspaper to its president will bring a patriotic and progressive voice to South Africa...

Fin 24
Firm to invest R10.5 billion on solar powered telecom towers in Africa

GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across A...

BusinessTech
Fiat-Chrysler denies Jeep buyout offer from China's Great Wall

Fiat-Chrysler Automotive (FCA) denied being asked by Chinese peer Great Wall to sell its vehicle brand Jeep, a rumour that caused market excitement...

IOL Business
Developers target middle-class rental market with R6.4 billion investment

Developers, Balwin, and investors, Transcend, have announced that they plan to spend R6.4 billion on developing homes for the in-demand middle-class segment in Gauteng...

BusinessTech
Boeing-Built Satellite Completes NASA’s Space Communications Network

The sixth and final Boeing Tracking and Data Relay Satellite (TDRS), is set to enhance NASA’s space communications network...

IOL Business
Fin24.com | Only 4 in 10 people of working age have a job – report

Only 43.3% of South Africans of working age are employed, says Gabriela Mackay, employment analyst at the Institute for Race Relations (IRR)...

Fin 24
Fin24.com | New Cape Town hotel to welcome pets

More travelling pet owners are demanding pet-friendly accommodation in the hospitality industry, says the curator of the new Radisson RED Hotel V&A Waterfront...

Fin 24
DDI acquires IKON Interactive CMS in multi-million deal

On-demand solutions provider, Discover Digital International (DDI), on Monday completed its acquisition of Turkish firm IKOB Interactive content management solution (CMS)...

IOL Business
PRASA to talk about 19 issues

The United National Transport Union (UNTU) on Monday said PRASA wants to talk to the UNTU on how it proposes to implement 19 points of a collective agreement...

IOL Business
Fin24.com | Price properties correctly to mitigate rental lag

A balance must be struck between high returns from rental property and a reliable tenant who pays the rent on time and looks after the property...

Fin 24
OPINION: Behind the tills

Retail sales, a key indicator of the health of consumer spending, grew more than expected in the US and South Africa according to official data released last week...

IOL Business
Fin24.com | Vodacom's Fatima Hassim proves women can reach tech leadership heights

Vodacom's Fatima Hassim aims to drive digital transformation in the ever-evolving ICT space, and sees the industry as a game-changer in improving the lives of ord...

Fin 24
Prodigy Finance receives R3.19bn funding

Prodigy Finance, an international Fintech platform that has developed the world’s first borderless credit model, announced a R3.19 billion fund raise...

IOL Business
‘Incompetent’ Faith Muthambi ‘tried to mislead Parliament’ – report

Former Communications Minister Faith Muthambi tried to mislead Parliament - that's according to a report from Parliament's legal services...

BusinessTech
Fin24.com | Sorry Twitter, Hlaudi is not moving to Manyi-owned ANN7

Former SABC chief operating officer Hlaudi Motsoeneng has praised Mzwanele Manyi on acquiring broadcaster ANN7 and The New Age newspaper from the Guptas...

Fin 24
Manyi: ANN7 & 'The New Age' report the truth

A company owned by Mzwanele Manyi has bought the Gupta-owned TV channel and newspaper for R450 million...

Eyewitness News Business
Manyi: ANN7 & 'The New Age' will report the truth

A company owned by Mzwanele Manyi has bought the Gupta-owned TV channel and newspaper for R450 million...

Eyewitness News Business
Fin24.com | Boost for commercial property management

The SA Institute of Black Property Practitioners has launched a property manager certification by the acclaimed US-based Institute of Real Estate Management...

Fin 24
Sasol sees full-year earnings fall 15%

Sasol said the construction of its Lake Charles Chemicals Project in North America, which has seen delays and is expected to cost $11 billion...

Eyewitness News Business
New malware targets taxi and ride-sharing app users

Kaspersky Lab researchers say they have discovered a new modification of the well-known mobile banking Trojan Faketoken, which has been developed and is now able to steal cred...

BusinessTech
Fin24.com | Sorry Twitter, Hlaudi is not moving to ANN7

Former SABC chief operating officer Hlaudi Motsoeneng has praised Mzwanele Manyi on acquiring broadcaster ANN7 and The New Age newspaper from the Guptas...

Fin 24
Ashburton Investments appoints new Head of Property Portfolio Management

Ashburton Investments promotes investment industry maverick, Lesiba Ledwaba as the new Head of Property Portfolio Management...

IOL Business
Manyi acquires ANN7 and The New Age

A company owned by Professional Progressive Forum President, Mzwanele Manyi, will acquire a 90% stake in the Gupta family media assets...

SABC Business
Advtech makes R344m interim profit on growing tertiary division

Private education operator, Advtech Group reports that their tertiary division has had a 28% increase in trading operating profit...

IOL Business
Fin24.com | JSE makes modest gains as stability returns to global markets

Although some global markets have still been fragile in response to political uncertainty, financial shares on the JSE have traded higher, supporting the major indices...

Fin 24
How Bitcoin could be regulated in South Africa

With the South African Reserve Bank looking at a cryptocurrency regulatory experiment, it is not a question of whether BitCoin should be regulated but instead it is now a que...

BusinessTech
Statistician-General Pali Lehola to step down

Lehohla says he remains 'duty concerned', hinting that he wants to put his experienced technocratic mind to use in helping to address some of the cou...

Eyewitness News Business
Statistician-General Pali Lehohla to step down

Lehohla says he remains 'duty concerned', hinting that he wants to put his experienced technocratic mind to use in helping to address some of the cou...

Eyewitness News Business
Sasol lowers estimated returns and will dispute a tax bill

Sasol lowered estimated returns at its $11 billion Lake Charles chemicals project in the US and said it’s disputing a revised tax bill in South Africa...

IOL Business
Fin24.com | Love to text and walk cluelessly? Prepare to pay a fine for that

This really shouldn’t be a surprise to anyone who’s done it: You are just no good at texting and walking...

Fin 24
Cell C appoints new chairman and deputy chairman

Cell C appoints new chairman and deputy chairman following its recent recapitalisation...

IOL Business
Cape Town is home to 9 of the 10 richest suburbs in SA

A recent study reveals Cape Town is home to nine of the ten richest suburbs in South Africa, with just one belonging to Gauteng...

IOL Business
Sage Live now available in SA

Sage announced that Sage Live, its cloud-based, integrated accounting solution is now available in SA...

IOL Business
Fin24.com | Save SA and DA lash out at Gupta sale of media firms to Manyi

Save SA and the DA have expressed concern regarding the Guptas’ sale of broadcaster ANN7 and The New Age newspaper to Mzwanele Manyi...

Fin 24
Uber Technologies’ fired back at investor Benchmark

Uber Technologies’ co-founder Travis Kalanick has accused the company of threats and intimidation...

IOL Business
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