Stocks drop as oil tops $100 and Goldman slides: Markets wrap
Bitcoin fell 0.7% to $70 869.24
Two traders convicted in Paris over $23m insider coup
Lucien Selce and Alexis Kuperfis were given jail terms of 3 years and 1 year respectively and combined fines of €43m.
Africa could gain as global logistics rethink Middle East reliance
‘The potential is there for the role of South Africa as a centre of gravity for the surrounding markets and for the whole continent,’ says Andre Scholle of ZF Aftermarket.
Progress on Zondo reforms highlights both gains and gaps
Three reforms have advanced, including two new laws and a whistleblower protection bill.
Iran sends warning on Gulf ports after US threat to block Hormuz
Heightening the standoff over the Strait of Hormuz after the US announced plans for a blockade of Tehran-linked vessels.
Does SAA’s leadership exit threaten its turnaround?
Dubai dependency under fire as supply chain risks rise. AI-powered hacking is here – can cyber defences keep up? And how the fuel price is reshaping how South Africans buy and finance cars.
Pope Leo vows to continue Iran war critiques after Trump attacks
Leo insisted he wasn’t seeking to engage Trump, hours after the president attacked him as 'WEAK on crime.'
Zambia’s planned refinery to rely on oil delivery by road, rail
Zambia’s project comes at a time when African governments are reviewing their energy security because of constraints on supplies as a result of the US-Israeli war on Iran.
Misconceptions about oil at $100/barrel
Manpreet Gill, CIO for Africa, Middle East and Europe at Standard Chartered Wealth Solutions explains the advantage now of holding hedges and the part gold can play.
BP buys into Namibia blocks as country continues to lure big oil
The company will take a 60% interest and operatorship of the blocks in the Walvis Basin, north of discoveries made by TotalEnergies SE and Shell Plc.