Sasol's 20% slide has analysts sniffing a bargain
The petrochemical group's shares have tumbled with the oil price after the US-Iran peace deal, but at least one analyst sees a buying opportunity.
The petrochemical group's shares have tumbled with the oil price after the US-Iran peace deal, but at least one analyst sees a buying opportunity.
Six years after launching its bank, Discovery says the platform has become the operating system for its entire business, and it wants to redefine what a bank is.
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The Reserve Bank governor says price-setters across the economy now expect higher inflation, strengthening the case for another rate increase later this year.
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Sacci says the Reserve Bank's surprise May rate hike to 7% can 'barely be justified' given a limping economy — but economists insist the bank was right to move.
Long-awaited remuneration provisions of the Companies Amendment Act are now in force, handing shareholders a binding vote on executive pay.
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With big-corporate and retail margins under pressure, Nedbank, Investec, FNB and Standard Bank are chasing medium-sized firms in a market worth an estimated R150 billion.
Softer-than-expected American core inflation has eased pressure on the rand and government bonds — but local oil and currency risks keep the relief firmly in check.
The SARB has gazetted commemorative R2 and R5 coins celebrating 1976, Charlotte Maxeke and 30 years of the Constitution, with legal-tender status from 16 June.
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The oil major has signed a preliminary deal to feed the proposed Zululand Energy Terminal, a cornerstone of the country's slow pivot away from coal.
Water Minister Pemmy Majodina has put a R26 billion price tag on the leaks, theft and broken billing draining municipal coffers every year.
The New Development Bank's loan will back water, electricity and sanitation upgrades across all eight metros, topping up a R54 billion Treasury programme.
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The JSE retailer has taken full control of German value chain NKD, a bet that has split the market and added R7bn of debt to its balance sheet.