Rand weakens through R19/£ as May clings to power

Global focus is on Brexit, with the UK parliament taking over the exit process from Prime Minister Theresa May

2 hours ago
Demand that PIC recoup money from Ayo declared unlawful

But the state asset manager says it is committed ‘to recover the invested funds without any delay’

updated 1 hour ago
S&P says Naspers’s Euronext move could broaden investor base

Naspers will list new entity NewCo on the Euronext exchange in Amsterdam, which will house its 31% stake in Tencent and other assets such as Russia’s Mail.ru

3 hours ago
European parliament adopts copyright reform in blow to big tech

European copyright laws pre-date the internet and big players don’t like the changes that will ensure they pay fair compensation to content providers

43 minutes ago
WATCH | Is skills development and training yielding the desired results?

SPONSORED | LFP Training understands the role transformation plays in skills development and training

Municipalities owed nearly R10bn by national and provincial departments

The debt continues to grow due to accruing interest and insufficient funds allocation to service arrears — while Eskom is owed more than R14bn by municipalities

1 hour ago
Murder allegations see KZN ANC in disarray

A mayor and a municipal manager have charges of murder withdrawn — while another mayor has murder charges laid against him

2 hours ago
State capture impeded DTI’s efforts to re-industrialise economy, says Rob Davies

The minister says the election of President Cyril Ramaphosa provides hope and the investment climate has improved, but Eskom is a serious risk

2 hours ago
JSE not worried about Naspers eyeing greener pastures

The company plans to list its non-South African internet businesses in Amsterdam

Cosatu pushes for more oversight over state-owned banks

The Financial Matters Amendment Bill provides for the establishment of such banks — and Cosatu wants more involvement

5 hours ago
MTN announces ‘world first’ WhatsApp-based service

Customers will be able to buy airtime and data bundles and check their balances directly on Facebook-owned messaging platform

4 hours ago
S&P downgrades PPC on weaker profit and debt-reduction prospects

The cement maker is also looking at options to repatriate funds stuck in Zimbabwe, which is suffering from a liquidity crisis

5 hours ago
Total will face world’s fastest ocean current when it drills for oil off SA’s coast

The prospect is surrounded by the Agulhas Current, a fast-moving flow of warm water where the Atlantic and Indian oceans converge, which can cause massive waves

8 hours ago
Zondo: Zuma may be compelled to give evidence

State capture commission chair says former president could be called for cross-examination and to give evidence

7 hours ago
Eskom’s woes open the door to green power, Jeff Radebe says

The gazetting of the Integrated Resource Plan is imminent and will secure a future for independent power producers, Radebe says

5 hours ago
Apple leaves iPhone in the wake of Apple TV+, a credit card and a gaming arcade

With a celebrity-rich launch, the tech giant takes on the likes of Netflix and Amazon in an already crowded entertainment market

5 hours ago

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.

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Wanted Online: New luxury hotels set to open across Africa in 2019

Zola Zingithwa

With the tourism industry on the continent growing, international groups are taking advantage of the opportunities

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PETER BRUCE: Efficient leadership key to righting wrongs at Eskom

Peter Bruce

A strong Eskom CEO is required to encourage the people around him to do their best and to get their jobs done

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Brait defends R2bn share-scheme loss

Giulietta Talevi

Executives were not favoured, says the company as it prepares to wind up structure amid share-price implosion

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JSE shrugs off fear about Naspers split

Nick Hedley and and TJ Strydom

The company plans to list its non-SA internet businesses in Amsterdam

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views & analysis

WARREN INGRAM: Investing offshore? Ignore those who sell fear as an investment strategy

More than 50% of the JSE has almost nothing to do with the SA economy, writes Warren Ingram

Read More

Cleaning up the state alone will not lead to economic growth

Political leadership and courage necessary for proactive reforms

Read More

TOM EATON: SA’s jaded voters should be grateful of free and fair elections

Our suspicions about politicians means the country is finally growing up 

Read More

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