Editor’s pick
OpenAI reportedly wants to sell you a $300 metal doughnut
The ChatGPT maker's first gadget is said to be a screenless, doughnut-shaped speaker designed with Jony Ive — and priced like a premium one.
Business Bagel News
Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
Editor’s pick
A Saudi ports giant is circling Cape Town's troubled harbour
Transnet has opened a 25-year deal to rebuild and run a Cape Town terminal — and one of Saudi Arabia's biggest state-backed operators showed up to take a look.
Gold's rally is lifting the JSE — and quietly pinching the miners driving it
Bullion's third straight gain pushed South African mining shares and the rand higher, but a firmer rand on the same gold move nibbles at the earnings of the dollar-priced miners doing the lifting.
Icasa staff walk out as the telecoms regulator says it can't afford more
Nehawu members downed tools over a 4.5% increase the union rejected — but Icasa says a budget deficit leaves no room to move, and promises services will run as normal.
Eskom wants to go green — mostly with other people's money
Its year-old renewables arm is about to tender a 2GW solar and 1GW battery project, and plans to keep the cost off Eskom's strained balance sheet by leaning on private partners.
Pick n Pay's recovery is real — but its own supermarkets aren't the engine
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.
The JSE is fighting to land a piece of Africa's biggest-ever listing
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.
South Africa's property funds just broke free of the interest-rate trap
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.
Emirates and SAA turn a 30-year partnership into a two-way street
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.
EasyEquities is about to move into Absa's banking app
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.
Sasol's profit is about to leap — but not the number that counts most
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.
SpaceX doubled its revenue, and it wasn't the rockets that did it
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.