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A JSE-listed company just increased its earnings by 150% - after being written off five years ago
Five years after Anglo American spun it out, the coal exporter has declared its tenth dividend and started shopping for mines.
Christian Maidman
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Editor’s pick
Nestle is building a product line out of the side effects of weight-loss drugs like Ozempic
The company investors feared would be hollowed out by Ozempic is selling to the people taking it, starting with the muscle they lose.
Uber Eats is getting delivery drones and wants them making 1 million daily deliveries by 2029
Zipline already makes a delivery somewhere in the world every 20 seconds, and the two companies want a million a day by the end of 2029.
After nearly a decade, South African citrus just got easier to sell in India, but there’s still one expensive problem
Nearly a decade of technical talks delivered more cold-treatment options, but the 25% to 30% duty that keeps South African fruit uncompetitive is untouched.
Absa made R12.8bn in the first six months of the year, but almost all of its growth came from South Africa
Group earnings rose 8% to R12.8bn, but South Africa grew 17% while the rest of Absa's African business went backwards.
One of South Africa’s biggest airlines is being sold, and one of its rivals is trying to stop the deal
The buyer of South Africa's biggest domestic airline already holds 37.5% of Lanseria, and the state's pension fund sits on both sides of that line.
Editor’s pick
South Africa wants its R150-trillion private derivatives market pushed through a clearing house by 2028
The Reserve Bank says the final rules should take effect by 2028, though they only bite once a suitable clearing house is licensed and running.
The Roundup — Tuesday, 18 August 2026
Big story
The South African Post Office wants its rescue declared over, but it's still losing money
Three years of court-supervised rescue repaired the balance sheet, cost 4,342 jobs and 366 branches, and left the business still losing money.
Spar's board backed its chairman in May. On Monday he resigned.
Mike Bosman and deputy chair Shirley Zinn both left the Spar board on Monday, three months after the store owners asked for Bosman to go and were turned down.
Sanlam Investments handed R400bn of assets to Ninety One - and it’s betting on two ideas for its next phase
Chief executive Carl Roothman says index funds and lending outside the banks carry the next decade, with a 2022 rule change on offshore limits behind the whole move.
Anthropic could be valued using a $200 billion revenue figure it thinks it will achieve in 2028
Bankers valuing the AI company's listing have skipped this year's sales and gone to a forecast two years out, Reuters reports.