Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
The Prudential Authority published sanctions against Capitec, Ninety One Assurance and Albaraka Bank for record-keeping failures, and every one of them is administrative.
Big story
The data at risk is the identity data the law obliges regulated firms to collect, sitting with the supplier they all pay to collect it.
Oracle disclosed on Friday that its founder had a plan in place to sell 50 million shares. On Saturday it said the plan was cancelled and nothing had been sold.
Lesaka turned its first full-year profit since it was assembled in 2022, and its biggest division went backwards while it happened.
Optasia's micro-lending arm grew 84% in six months and now brings in almost three quarters of the group, which has raised what it expects for the full year.
Eleven private operators have signed access agreements with Transnet's track manager, and the first trains that are not Transnet's are due before the year is out.
Remgro expects headline earnings between 37% and 47% higher, in a trading statement that landed two days after the bank it finished selling out of reported its first profit fall in six years.
Big story
Africa's largest share sale opens in Lagos on Monday at a price well above what institutions paid in July, and the JSE wants the secondary listing.
The Competition Tribunal has cleared Coca-Cola HBC's $2.6 billion purchase of Africa's biggest bottler, with public-interest conditions it has not published.
Anthropic's chief executive wants frontier AI labs to slow down, and is offering outside reviewers desks, badges and the right to publish what they find.
Mr Price's pay policy passed under the new binding-vote rules with a third of ordinary shares against it, in a meeting Financial Mail timed at four minutes.
WesBank is financing more Chinese cars than anything else and provisioning against what they do to used prices, and the used-car trade does not agree that the shift is permanent.