Anglo advances coal business sale after setback with Peabody
Stanmore Resources, Mitsubishi Corp, and PT Buma Internasional Grup are among the bidders for the coal assets, and a suitor and deal could be announced in the coming months.
Clicks shares slide to 52-week low, despite earnings jump
Operational growth and loyalty gains offset internal disruptions and softer demand.
Investec names Ryan Friedman to lead investment arm
Previously headed multi-manager investments at the group and led the World Axis fund range.
Weight-loss drugs drive new spending shift in SA
The shift goes beyond discretionary wellness purchases, pointing to a broader change in everyday consumption.
Why reading fund fact sheets is your best investment move
‘Once you start understanding … and simplifying things for yourself, we feel that it does empower you to make a more informed decision in terms of where to invest’ – Duma Mxenge, head of Business and Market Development at Satrix.
Push to unwind bitcoin hoarder
Shows once-hot trade collapsing.
Absa loses landmark tax battle at ConCourt
Majority rules that Absa was part of an impermissible tax avoidance arrangement.
SA ramps up fuel imports from US as war jolts trade
At least four tankers unloaded about 165 000 tons of refined fuels from the US this month in Durban.
Sasol lifts Natref output, ramps up LPG production
Group says working capital has increased in response to the Middle East conflict, while its hedging programmes are aimed at managing exposure to oil price and currency movements.
Africa nations tout $46bn projects at investment summit
Nations are promoting big-ticket projects, including railways, airports, and renewable power