Rand steady at firmer levels as Reserve Bank keeps rates unchanged

The Reserve Bank governor expresses concern about higher inflation but emphasises that economic growth remains subdued

4 hours ago
MARKET WRAP: JSE only cheered a little by unchanged interest rate

The platinum index jumps 5.86%, but the performance of most stocks is relatively muted despite a 1.5% gain in the rand against the dollar

2 hours ago
Jacob Zuma allowed to intervene in state-capture court case

This may lead to him appealing a R10m costs order granted against him

6 hours ago
Donald Trump wants a wall across North Africa to keep blacks out of Europe

The latest looney statement from the US president has the Spanish scratching their heads

updated 4 hours ago
Lynne Brown’s cross-examination application dismissed

The former public enterprises minister admits she has a relationship with the Guptas‚ but says she did not work for them

7 hours ago
PIC makes $100m equity investment in African Export-Import Bank

The investment is in line with the Public Investment Corporation's mandate to invest part of its assets in the rest of Africa

8 hours ago
What the banks said to the state capture commission in five classic quotes

ANC leaders and Gutpa-friendly ministers attempted to intimidate the banks into reopening the accounts at a series of meetings

7 hours ago
Steinhoff International needs funding to turn around Mattress Firm

Steinhoff paid $3.8bn for Mattress Firm two years ago after a major spending spree — but has turned into a real headache

5 hours ago
MTN’s shares rise on Nigerian central bank’s more conciliatory stance

The company’s shares rose the most in more than six months after the central bank softened its stance over claims that it illegally repatriated $8.1bn

9 hours ago
BAT CEO to retire after eight years at the helm

Nicandro Durante transformed British American Tobacco during his time at the top, and has spent 37 years with the group in total

7 hours ago
Mongameli Bobani stays on as mayor of Nelson Mandela Bay

The Port Elizabeth High Court has dismissed a DA application to set aside the decisions that led to the removal of Athol Trollip

9 hours ago
Rand rallies to a three-week high before rates decision

Economists say August’s benign inflation figures could tip the scales in favour of a no change in monetary stance — at least for now

9 hours ago
Swiss shell company Charles King launches legal bid for Optimum

Optimum was central to former public protector Thuli Madonsela’s state of capture report

Self-piloting motorcycle on show

The motorcycle independently rides off, accelerates, circles a winding test track and independently slows down to a stop

6 hours ago
The five coolest things about Apple's brand new IOS 12

Here are five really cool things about the new operating system

9 hours ago
How Mosebenzi Zwane leaned on Nedbank's Mike Brown over Gupta accounts

Nedbank group CEO Mike Brown  says  Zwane put  pressure on the bank to keep the Gupta accounts open

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