Editor’s pick
The company investors feared would be hollowed out by Ozempic is selling to the people taking it, starting with the muscle they lose.
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.
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.
Group earnings rose 8% to R12.8bn, but South Africa grew 17% while the rest of Absa's African business went backwards.
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
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.
Big story
Three years of court-supervised rescue repaired the balance sheet, cost 4,342 jobs and 366 branches, and left the business still losing money.
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.
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.
Bankers valuing the AI company's listing have skipped this year's sales and gone to a forecast two years out, Reuters reports.
Balwin's founders and the fund that pays government pensions are taking the company private, and analysts say listed home builders have run out of road.