Foschini to close 280 stores through 2029
As online focus grows.
Sasol CEO chides SA jet-fuel suppliers for low stocks
Airlines last week made contingency arrangements and the Department of Energy convened an emergency meeting with the airport and the Fuels Industry Association of South Africa due to the refinery disruption.
Aspen earnings rise as drug maker targets weight-loss market
Normalised earnings from continuing operations rose 28% at constant exchange rates in the year through June.
From power to water: SA keeps recycling the same crises
Popia gets teeth: R5m fines signal a new era of enforcement – and why PAST believes humanity’s extinction clock is ticking.
Gold extends decline as inflation risks pull yields higher
Spot gold was down 0.5% at $4 309.25 an ounce at 10:40 a.m. in London.
Motus rides Chinese car boom as used-car prices come under pressure
Sales of Chinese brands more than doubled in SA as buyers shifted towards affordable, feature-rich vehicles.
SA business mood stuck at level too low for investment
Confidence slipped in four of five sub-indexes, with sentiment among new-vehicle dealers taking the biggest knock.
Oil trades near five-week high as US-Iran conflict escalates
Brent for November settlement added 0.2% to $94.80 a barrel at 9:12 a.m. in London.
US attacks prompt Iranian retaliation as fighting intensifies
The resumption of hostilities brought an end to a weeks-long period of relative calm and raises concerns over a potential return to all-out war, at a time when no diplomatic off-ramp is in sight.
Cashbuild sales rise, but consumer pressure squeezes earnings
Revenue climbed 6% to R12.1bn, while headline earnings fell 8% as costs rose and affordability pressures persisted.