AB InBev bets on renewables for future energy

The move will make the beer group the largest corporate direct purchaser of renewable energy in the global consumer goods sector

31 minutes ago
Playing field must be level, says JSE

Incumbent welcomes new exchanges, but wants the same set of rules

1 hour ago
Why AfroCentric stake cost Sanlam

The group’s revenue from healthcare services — its largest source of income — rose 15.9% to R1.3bn after boosting its customer base

50 minutes ago
COMPANY COMMENT: Incoming Dawn chief faces myriad problems

Dawn isn’t the company it once was and Investors aren’t convinced and some say the targets will remain low after the interest rates improve

1 hour ago
Banks tread warily ahead of Brexit

British Prime Minister Theresa May well trigger formal EU divorce proceedings on Wednesday

47 minutes ago
Samsung to sell tweaked Note 7 phones

Samsung Electronics pulled the model from markets in 2016 because of fire-prone batteries

49 minutes ago
Genesis loses case against medical council

Judge throws out Genesis’s defamation case against the Council for Medical Schemes

52 minutes ago
Embattled Ford SA CEO recalled to the US

Jeffery Nemeth's recall follows a report insurance giants Auto & General and Dialdirect plan legal action against Ford in connection with fires

11 hours ago
China’s Tencent acquires a 5% stake in Tesla for $1.78bn

The Chinese tech giant pushed Tesla’s stock higher, making it the second most valuable US automotive company, ahead of Ford

12 hours ago
This is the new CEO of Sanlam Personal Finance

Hubert Brody has resigned to ‘attend more closely to his other interests’, Sanlam says, and the new CEO will take over from June 1

13 hours ago
Accounting scandal to cost UK’s Tesco more than £200m

Tesco was accused of overstating profits by £326m between February 2014 and September 2014

15 hours ago
Tencent buys 5% stake in Tesla

The Chinese internet giant has made the purchase as the electric-car maker run by Elon Musk races to bring his critical Model 3 sedan to market later in 2017

16 hours ago
Insured losses from catastrophes at a four-year high, Swiss Re says

Insured losses rose to $54bn last year, with weather-related disasters topping man-made ones; however, there were fewer lives lost

16 hours ago
Ericsson hit by bill of up to $1.7bn as new CEO sets out business overhaul

The Swedish telecom equipment maker, whose shares fell 4.6% in early trade, will explore options for its loss-making media arm, as well as restructuring

16 hours ago
Naspers sells stake in Souq.com to Amazon in giant technology merger

Endorsed by the Dubai government, Goldman Sachs calls it ‘the biggest ever technology merger and acquisition transaction in the Arab world’

17 hours ago
BUSINESS DAY TV: Cartels are still pervasive in SA

Nkonzo Hlatshwayo, competition partner at Hogan Lovells, discusses the Competition Commission’s crackdown on the fresh-produce market

17 hours ago