Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
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An unnamed South African platinum producer approached Northam's chief executive, and the board answered by opening a contest that any credible buyer can enter.
The trade regulator moved against dumped ceramic and porcelain tiles two months ago, but the stock that undercut Italtile all year is already inside the country.
Shein opened its Hong Kong offer on Monday at a valuation near $27 billion, after import charges in the United States and the European Union turned a $395 million quarterly profit into a $99 million loss.
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New equity and expanded debt facilities value Frogfoot, Vox and Hypa at a combined R14.4 billion, and almost all of the build the money pays for is aimed at townships and lower-income areas.
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Six of the world's largest capital managers have signed memorandums of understanding with Nvidia aimed at mobilising more than $500 billion for AI data centres, and not one of them has signed anything binding yet.
The copper business made a record US$18 billion last year and BHP's Johannesburg listing has passed R4 trillion on the strength of it, with analysts almost entirely unconvinced.
Earnings rose 16% and the dividend 18% in the six months to June, on enrolment growth that came from the tertiary brands and the schools north of the border rather than from South African classrooms.
The technology group is handing back R7.05 billion from a refinancing that closed on 4 August, and the cash route carries a 20% tax the share route does not.
The Topolino lists at $13,995, tops out at 19mph until a conversion kit arrives, and dealers have been selling their allocations before the cars reach the lot.
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Moneyweb reports that the Foschini owner has begun consulting on head-office job cuts, in a year when about 100 shops closed and Bash sales grew 49.2%.
Reatile Group takes a minority holding in a business with 580 forecourts once ADNOC's $1bn purchase closes, and neither side will say how big a minority.
Government says the budget cannot build the pipeline alone, so the work now is turning proposals into something private money will fund.