Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
Online sales jumped 37.5% and clothing clawed back, yet the core Pick n Pay supermarkets stayed flat — and a contested retrenchment fight still stands between the group and break-even.
Johannesburg is openly courting Nigeria's Dangote refinery for a secondary listing — but "strong intent" is not a signed deal, and even a win might only be a shadow of one.
Listed property beat both shares and bonds in July, and for once it was not about rate cuts — rising rental income is now doing the heavy lifting.
With regulators signed off, Emirates can now sell seats on South African Airways flights across nine domestic and regional routes — and Johannesburg gets to play gateway.
The investing platform will embed inside Absa's app from September, handing the bank's millions of customers a route into the market — without Absa having to build a broker of its own.
A fresh trading statement points to statutory earnings nearly doubling, yet the cleaned-up figure investors actually track barely moves — and a friendlier oil price, not a turnaround, did the lifting.
In its first results since a record IPO, SpaceX's revenue jumped 92% — driven by renting out AI computing power to Anthropic and Google, and by Starlink.
Big story
A shareholder vote has pushed MTN a step closer to taking full control of Africa's biggest tower company in a R101-billion deal.
Treasury and the Reserve Bank want cross-border crypto routed through approved channels; the country's biggest exchange warns it will push the money out of sight.
The High Court set aside Patrick Dlamini's suspension, ruling the PIC board never had the power to remove him.
New boss Valdene Reddy has set out a five-year plan to reinvent the 139-year-old exchange as a pan-African digital marketplace.
South Africans bought more new cars in July than in any month since 2014 — but the bigger story is who they bought from.