Big story
While everyone chased gold, the company that runs the JSE quietly cleaned up
JSE Ltd grew its half-year profit almost 17% by taking a small cut of a very busy market.
Companies
The deals, results, leadership and strategy of the companies shaping South Africa.
Big story
Coal is paying off again for Thungela
The miner expects its half-year profit to more than double — helped by firmer coal prices, a steadier Transnet, and a one-off asset sale.
Breaking
eNCA wants to cut more than half its newsroom
South Africa's first 24-hour news channel has begun a process that could axe 171 of its 309 staff — and its journalists are not taking it quietly.
The owner of SA's biggest mall got censured for a deal it never put to a vote
The JSE has publicly rapped Accelerate Property Fund and fined it R500,000 for appointing Fourways Mall's managers without asking shareholders.
Buffett's Berkshire finally cracked open its cash mountain
In Greg Abel's second quarter as boss, Berkshire bought back stock, added $10 billion of Alphabet, and turned a buyer of shares for the first time in years.
Big story
Netcare wants to use AI to catch medical emergencies 8–10 hours early
South Africa's largest hospital group has asked the regulator to approve a tool that reads vital signs and flags danger up to ten hours early.
Spur set aside R129.5 million over a ribs deal it says never existed
A six-year fight with a food manufacturer just dented Spur's profits — but the restaurant group is appealing, and reckons it will get the money back.
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.
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.
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.