Fortress raises R1.6bn in landmark Zaronia-linked bond
In transition away from Jibar.
Durban violence pushes immigration crisis to the brink, Maimane calls for army
‘I think, because of the incapability of policing, this is where the army needs to be able to keep communities safe so that Home Affairs and policing can do their jobs,’ says Mmusi Maimane, leader of Build One South Africa.
Outa takes aim at Joburg’s ‘overkill’ solar approval process
Durban violence exposes the deadly cost of leaving immigration enforcement to the streets. New tender rules could reshape who wins government contracts. And preparing for jobs that don’t exist yet: education’s new challenge.
Eskom projects no power cuts this winter, warns of lingering risks
Risks remain, however. The debt municipalities owe to Eskom has climbed to about R110bn, straining its balance sheet and complicating its borrowing plans.
Naspers mulls options for South Africa’s historic ‘City Press’
A potential sale would come as the digitisation of news media weighs on traditional revenue models and finances of publications globally.
Boardroom changes dominate latest Sens updates
Changes span new committees, executive exits and appointments, alongside the loss of long-serving leadership.
Europe wants minerals, SA wants oil: Deal on
An initial ‘€200 million is coming in as a loan in order for us to improve our infrastructure and be able to mine these minerals effectively’ – Harry Scherzer, CEO at Future Forex.
Inflation edges up before Iran oil shock registers
The uptick matched forecasts, but economists and the Reserve Bank are bracing for a sharper April fuel-driven jump.
UK, France convene fresh Hormuz Summit on re-opening planning
Planners from more than 30 countries will participate in the talks in a two-day conference in north London.
Capitec dividend beats estimates after bank posts record profit
Headline earnings climbed 23% to R16.8bn in the year to February 28 from R13.7bn a year earlier.