Pick n Pay slumps after new target delayed
Shares fell as much as 8% by 9:42 a.m. in Johannesburg, after gaining 14% on Friday when the retailer reported improved earnings guidance.
Altron declares R500m special dividend after three-year turnaround
Technology group triples headline earnings since 2023 as high-margin platform businesses drive profit growth and cash generation.
Chinese mine disaster sparks jump in coal prices and stocks
The fatal blast on Friday night occurred at the privately owned Liushenyu mine in the coal-belt region of Shanxi.
Pick n Pay pushes break-even back as core earnings stay weak
Boxer posted 12.3% turnover growth, while the Pick n Pay segment recorded a 1.6% decline due to store closures and conversions.
Stocks near record high as crude oil drops on Iran: Markets wrap
Bitcoin rose 0.9% to $77 286.
Eskom’s recovery is real, but R130bn in municipal debt puts it at risk
Municipalities owing the utility billions is 'the biggest financial risk facing the utility', says BLSA's Mavuso.
Adnoc’s tankers are slipping oil, gas and fuel through Hormuz
Circumventing both the Iranian navy and US warships to reach energy-starved customers.
Ebola may have killed over 200 people in Congo
As violence disrupts response.
Egypt eyes first aerial survey in 40 years
To map mineral riches.
Hyperscaler debt flood brings derivatives bonanza
The surge in activity is creating an opportunity for hedge funds to profit from banks’ growing demand for these instruments.