Iran deputy minister says ships need consent to pass Hormuz
Tehran has been charging some carriers a toll of as much as $2m to transit.
Purple Group enjoys six-month surge
CEO Charles Savage looks back over ‘operational leverage’, client growth and market resilience. ‘Each R1 spent now delivers R11 in revenue,' he says.
DA leadership contest heating up ahead of conference
SA’s China deal enters crunch phase. Polokwane jobs hang in the balance as SA’s only silicon metal producer threatens permanent closure, citing high electricity costs. And whether offshore or onshore, Sars is closing in on non-compliance.
FNB funds R800m for R3.5bn Durban North coastal estate
The project is being led by locally-backed company Beachwood Investments.
Short sellers squeezed hard as Avis shares rocket 150%
Bearish investors have shorted about 43% of the tradeable shares of Avis as of Wednesday, down from 49% in mid-March, according to S3.
Polymarket Iran bets draw fresh dispute and insider scrutiny
A series of well-timed Iran wagers placed on Polymarket by freshly created anonymous accounts have generated hundreds of thousands of dollars in profits so far.
Vance to lead Iran talks as Tehran says ceasefire violated
The first round of talks is set for Saturday morning local time, even as the Strait of Hormuz remained largely closed as of Thursday morning, falling short of a key US condition for the ceasefire.
Don’t expect a lower oil price any time soon
Analysis of Purple Group’s improving results and client conversions, alongside concerns around unregulated online gambling in SA.
ConCourt rules CPS must pay Sassa R81m
Directs the company to pay back profits from unlawful contract.
Hyundai reroutes ships around the Cape as Hormuz tensions disrupt supplies
Detour adds lead time but aims to protect it from supply-chain and geopolitical risks.