New-car sales just hit a 12-year high, and Chinese brands are rewriting the leaderboard
South Africans bought more new cars in July than in any month since 2014 — but the bigger story is who they bought from.
Companies
The deals, results, leadership and strategy of the companies shaping South Africa.
Apple finally fixed Siri, so why does the launch feel flat?
Apple's long-promised Siri overhaul has reached iPhones in beta and it actually works well, but critics say it arrives too late to feel exciting.
Telkom is pulling BCX out of the corner and betting on “One Telkom”
Telkom has put acting BCX boss Hasnain Motlekar in charge of merging BCX, Telkom Business and Openserve into one offering for business customers, after a decade of lost ground.
Big story
Nedbank's profit looks flat, but the real number is 12%
Nedbank's half-year profit barely moved on paper, yet strip out a business it sold and it grew double digits, even as the bank scraps one of its most senior jobs.
Capitec is changing its name, and you probably won't notice
Capitec Bank Holdings is becoming Capitec Limited after shareholders and the corporate registrar signed off, but the share code, listing and history all stay put.
Coronation is buying Absa shares while openly doubting its comeback
One of South Africa's largest fund managers has taken a stake in Absa, betting a cheap price outweighs its long-held doubts about the bank's retail turnaround.
Stor-Age is buying its biggest rival's sites, and a competitor is crying foul
South Africa's largest self-storage company has struck a R387 million deal to absorb ten Xtraspace properties, but a rival says it hands Stor-Age a national monopoly.
The Premiership kicked off. The SABC couldn't show it.
A stalled sub-licensing deal with DStv's new French owner left free-to-air viewers staring at blank screens on opening weekend.
Capitec built an empire on consumers. Now it wants your business.
With profit up 23% to R16.8 billion, Capitec says its tiny share of business banking is the biggest growth opportunity of the next three years.
Editor’s pick
The AI boom is about to make your next laptop more expensive
A global memory shortage nicknamed RAMaggedon has delayed Apple's MacBook Air and pushed gadget prices sharply higher, with cars possibly next.
Mondi Is Shutting Factories After a Painful Half — and Investors Cheered
Profits fell hard at the packaging giant, so it sped up plant closures and cut spending. The market read it as discipline, sending the shares sharply higher.
South Africans Are Drinking Less Beer. SAB Still Made More Money.
By steering drinkers towards premium brands like Corona, SAB grew revenue and margins even as beer volumes fell — the same playbook powering parent AB InBev worldwide.