Editor’s pick
Alexforbes assets swell to R733 billion as profit jumps 22%
Alexforbes grew its closing assets 22% to R733 billion and lifted normalised profit 22%, though headline earnings stayed muted.
Companies
The deals, results, leadership and strategy of the companies shaping South Africa.
Editor’s pick
The big banks' new battleground: SA's mid-sized businesses
Nedbank, Investec, FNB and Standard Bank are pouring resources into winning over medium-sized companies — a once-overlooked segment now delivering returns of up to 30%.
Eskom puts a stake in the ground with new renewables company Eskom Green
Eskom has launched Eskom Green, a utility-scale renewable energy business with 17 priority projects aimed at delivering roughly 6 GW of new capacity at its coal-fired sites by 2030.
Absa Shareholders Stage Historic Revolt Over R148m CEO Pay
More than 43% of Absa shareholders voted against the bank's pay report after new CEO Kenny Fihla's R148m package, one of SA banking's biggest remuneration rebukes.
Pick n Pay Hits Pause on 22,000-Job Retrenchment After Government Steps In
A six-hour showdown between the retailer, unions and the Labour Minister has bought 22,000 workers time — but the retrenchment threat is far from over.
Capitec goes Mobile
Calls between Capitec Connect users are now free — an industry first for SA mobile. Why a bank is giving away airtime, and what it says about Capitec's push beyond banking.
SA Artists Bank Over R500m on Spotify
South African artists earned over R504 million in Spotify royalties last year — up 28%, and nearly double 2023. Who's cashing in, and what it says about SA's place in global streaming.
Capitec opened 60 sites in a quarter.
Capitec opened 60 branches in a quarter — record pace, mostly township and peri-urban — while the rest of banking shrinks its footprint. The contrarian thesis behind the build-out.
Sasol guides earnings down 18%.
Sasol warned full-year headline earnings will fall 15–21%. The shares dropped 6.2%; the bonds barely moved. What's driving the guidance, and what the two markets are telling you.