Toyota’s Japanese insurer sues SA for R6.5bn over 2022 flood damage

Transnet, KZN government and eThekwini face a hefty bill for their alleged part in the disaster at Prospecton plant

updated 4 hours ago
Reserve Bank says uncertainty worse than during Covid-19

Geopolitical tension, fragile infrastructure and threat of sudden capital outflows have all intensified since November review

NATASHA MARRIAN: Ramaphosa sits on his hands as a bleak future beckons

President has little to show for top economic thinkers at his beck and call since 2019, creating conditions for the rise of populists

9 hours ago
ANTHONY BUTLER: Zuma likely to share blame for collapse of state capture prosecutions

Rather than chiding the NPA’s head, the focus should be on former president’s decision about the timing of commission of inquiry

9 hours ago
HILARY JOFFE: Cities should welcome informality in tackling jobs crisis

Local government’s punitive municipal bylaws put up high barriers for informal traders

9 hours ago
Health activists pressure Gilead to drop price of anti-HIV jab

Accelerating global access to affordable injectable lenacapavir should be top priority, says HJI director Fatima Hassan

9 hours ago
House prices keep rising on lower rates, say FNB, Pam Golding

Continued rate relief expected to support buying activity, particularly in the low- to mid-market segments, barometer reads

9 hours ago
Fake intel led to my removal as MK secretary-general, says Shivambu

Intelligence report claims Shivambu was ‘accumulating supernatural powers to remove people’

State capture ‘nerve centre’ to finally go under hammer

Auctioneers post listings of properties belonging to Gupta firm

Rand weakens on Fed outlook and Middle East tensions

The Fed now expects US GDP growth to slow to 1.4% in 2025, down from its previous estimate of 1.8%

Export sales plunge as manufacturing industry battles headwinds

Second-quarter Absa survey shows domestic and export sales fell by 22 and 32 points respectively

Red tape stalls Standard’s bid to lift Angolan business stake

Bank still working through the initial public offering and getting its shareholding to 75%, says CFO Arno Daehnke

IEC chair Mosotho Moepya shortlisted for another seven-year term

A panel chaired by chief justice Mandisa Maya has published the list of 12 candidates who have been shortlisted for interviews

SA urged to double down on renewable energy

Standard Bank-Cresco report advises dramatic increase in new capacity additions and projects

Ban on sale of single cigarettes would ruin small businesses, say informal traders

There are an estimated 2-million informal traders, hawkers and spaza shop owners in SA, the majority of whom are women

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

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Judiciary will be an independent institution, says Cyril Ramaphosa

SINESIPHO SCHRIEBER

The president has announced plans for the judiciary to be independent like parliament

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Transport department weighs up extending term of driving licence

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The department has acknowledged an Outa letter to minister Creecy asking for fines to be waived for motorists whose cards are stuck in the backlog

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Crookes Brothers’ shares jump as it expects higher earnings

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The agriculture group’s  headline earnings per share for the year to end-March are expected to be 27% higher

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Opinion

views & analysis

DARYL SWANEPOEL: Equitable tax regime absent for very rich and multinationals

Developing countries urgently need tax reform, but are held hostage by some of the very nations that shape global rules

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Hilary Joffe Editor-at-large

HILARY JOFFE: Cities should welcome informality in tackling jobs crisis

Local government’s punitive municipal bylaws put up high barriers for informal traders

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EUSTACE DAVIE: How jobseeker exemptions could create 3-million jobs in three years

The jobs would not be created by the government; they already exist, but laws make them illegal or too costly to offer

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