The Roundup — Tuesday, 4 August 2026
The business day in five minutes — Tuesday, 4 August 2026.
Christian Maidman
Big story
A mining windfall has Goldman betting on another SA ratings upgrade
Company tax is pouring in far ahead of budget, and Goldman Sachs thinks Moody's and S&P will reward South Africa with upgrades within a year.
The Premiership kicked off. The SABC couldn't show it.
A stalled sub-licensing deal with DStv's new French owner left free-to-air viewers staring at blank screens on opening weekend.
Wall Street braces for a jobs report, a Fed puzzle and SpaceX's debut
A busy week of US data and megacap earnings could set the tone for global markets, with shares near record highs and little room for disappointment.
Capitec built an empire on consumers. Now it wants your business.
With profit up 23% to R16.8 billion, Capitec says its tiny share of business banking is the biggest growth opportunity of the next three years.
Editor’s pick
The AI boom is about to make your next laptop more expensive
A global memory shortage nicknamed RAMaggedon has delayed Apple's MacBook Air and pushed gadget prices sharply higher, with cars possibly next.
Editor’s pick
South Africa's driving licences are about to last twice as long
Cabinet has approved doubling the validity of ordinary licences to ten years, but the familiar five-year renewal still applies until the law catches up.
Mondi Is Shutting Factories After a Painful Half — and Investors Cheered
Profits fell hard at the packaging giant, so it sped up plant closures and cut spending. The market read it as discipline, sending the shares sharply higher.
The Roundup — Monday, 3 August 2026
The business day in five minutes — Monday, 3 August 2026.
South Africans Are Drinking Less Beer. SAB Still Made More Money.
By steering drinkers towards premium brands like Corona, SAB grew revenue and margins even as beer volumes fell — the same playbook powering parent AB InBev worldwide.
Big story
MTN's Best Numbers in Years Triggered Its Worst Day on the JSE
A 71% profit jump in Nigeria should have been a triumph — but a mobile-money stumble and a surprise Ghana lawsuit sent MTN's shares down almost 10%.
Cigarettes Are Fading. Nicotine Pouches Just Rescued Big Tobacco's Year.
British American Tobacco lifted its profit outlook as booming Velo pouch sales and a strong US run offset shrinking cigarette demand — even as it cuts thousands of jobs.