Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
Uthaka Energy says environmental groups have run review after review to stall its Mpumalanga mine; the groups answer that this is what holding people to the law looks like.
Big story
The first rewrite of South Africa's electricity pricing policy since 2008 goes out for comment on Friday, and it would force itemised bills, a ten-year price forecast and a much bigger free allowance for poor households.
The world's largest miner paid its biggest dividend in four years, and put a South African-born chief executive in front of a decade-long copper plan.
It is the second crossing notice in three weeks, and a fair measure of what the Sanlam deal did to the asset manager's size.
Big story
Five years after Anglo American spun it out, the coal exporter has declared its tenth dividend and started shopping for mines.
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.