BMW Is Cutting Thousands of Jobs as the Good Times Fade
A deal with its own workers will shrink the German carmaker by a reported 8,000 people, after quarterly profit tumbled and Chinese sales slid.
Companies
The deals, results, leadership and strategy of the companies shaping South Africa.
Woolworths' New Boss Has Inherited an Old Problem
A solid year on paper hides a second half knocked off course by the Middle East war and rising interest rates, just as a new chief executive settles into the job.
A World Cup gave Coca-Cola its best quarter in years
Coca-Cola beat expectations and raised its full-year outlook, crediting a global World Cup marketing blitz for a jump in demand.
PayPal to its lurking suitor: not at that price
After beating earnings, PayPal signalled a $53.4 billion takeover bid from Stripe and Advent undervalues it, without ruling a deal out.
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.
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.
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.
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.
Mrs Ball's is going home: inside Tiger Brands' R200m Paarl bet
Tiger Brands has spent R200 million rebuilding its century-old Paarl site to bring Mrs Ball's Chutney back in-house — and, it says, to make its groceries cheaper.