Tharisa's output rebounds just as the prices it sells slip
The platinum and chrome miner lifted quarterly output of its precious metals by 15.5% after weather setbacks, keeping full-year targets in reach despite softer prices and heavy spending.
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De Beers is switching off South Africa's biggest diamond mine for two years
De Beers will suspend production at Venetia, its flagship Limpopo mine, for two years — and on the same day, one of the leading bidders for the company walked away.
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Woolworths brings an AI chef to your grocery run, but you'll have to wait for it
My Woolies Chef turns "what's for dinner?" into a ready-to-buy basket, arriving after Checkers and Pick n Pay have already switched their own assistants on.
Young South Africans really do want to save. Life keeps getting in the way
A new Old Mutual study finds nine in ten young workers have savings goals, but rising costs mean far fewer are actually putting money away.
Old Mutual is back in Zimbabwe, and this time it's counting in dollars
Six years after its shares were frozen, the insurer is moving its Zimbabwe listing to a young, dollar-only exchange, betting the currency risk is finally worth shedding.
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Why South Africa wants to stockpile oil again, for the first time since apartheid
A new draft plan would rebuild the country's emergency fuel reserves to 60 days' worth, after years of running them down left barely two weeks in the tank.
A tax court unpicked Stor-Age's clever 2017 deal, and dealmakers are paying attention
A judge found the structure Stor-Age used to buy a rival was really a share sale dressed up to cut tax, in a ruling lawyers say could reshape how mergers are taxed.
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Treasury freezes R13.5bn — and starts paying municipal creditors directly
National Treasury has withheld July's equitable share from 69 municipalities and will route the money straight to Eskom, water boards and pension funds, as Nelson Mandela Bay's business chamber warns of damage to investor confidence.
SA drafts fuel-rationing rules and orders oil firms to hold 14 days of stock
A draft policy now out for comment would force fuel manufacturers and wholesalers to hold 14 days of refined stock, put 90 days of crude in state hands at Saldanha, and spell out when the minister can declare a fuel emergency and start rationing.
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Absa's big-bank dream meets a market that's selling
CEO Kenny Fihla wants to build "the J.P. Morgan of Africa," but investors have knocked about 10% off Absa this year.
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SA construction is earning more but mattering less
New Stats SA figures show a R605bn industry that keeps shrinking as a share of the economy.
Apple takes OpenAI to court over its unreleased hardware
The iPhone maker says former staff carried its secrets to OpenAI, and that the AI firm's new device is built on them.