South Africa's gas-import plan hangs on one overdue call
A banker says naming the winners of the country's first gas-power auction is the decision that will make or break its plan to import natural gas.
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
DStv's best month in a decade — and a payday for switching Showmax off
MultiChoice's first results under Canal+ show new subscribers flooding back, plus an accounting twist that turned a shutdown into a gain.
One roof for your GP, your scan and your surgery
Growthpoint has opened a R100 million healthcare village in Rosebank, the first of a planned rollout across South Africa and beyond.
Boxer keeps building as cheaper food slows its sales
Falling prices for maize meal, rice and flour cooled Boxer's sales growth, but the discount grocer is still opening stores at pace.
Harmony borrows big to go chasing copper
South Africa's largest gold miner has raised more than R20 billion to refinance debt and bankroll its growing copper business in Australia.
Big story
The day the AI rally lost its nerve
A worldwide sell-off in chip stocks dragged global markets to a one-month low on Tuesday, and the JSE didn't escape.
A stronger rand and weaker prices just knocked a third off Kumba's earnings
Anglo American's iron-ore arm saw first-half earnings fall 41% as currency, prices and volumes all turned against it — but the CEO is betting on a better second half.
Editor’s pick
The rand just lost its 13-year monopoly on Southern Africa's payment system
The Angolan kwanza has become the second settlement currency in the SADC payment system, a move meant to make regional trade cheaper and faster.
Big story
Nvidia just rallied 30 tech giants to defend AI — and three big names stayed away
The new Open Secure AI Alliance wants regulators to treat open AI models as a defence, not a danger — but OpenAI, Google and Anthropic are all missing.
Oil slides for a third day as the US-Iran truce holds
Brent crude has fallen toward $86 a barrel as a pause in US-Iran fighting eases supply fears — though analysts warn the calm is fragile.
Why global markets are holding their breath this week
A wave of Big Tech earnings and a knife-edge US Federal Reserve decision have investors walking on eggshells over how much AI is costing.
DStv's owner just put nearly R19bn on the table to make peace with French cinema
Canal+, the group that now owns MultiChoice, has pledged €980m to French film from 2028, ending a bruising standoff and keeping its prized six-month streaming window.