Xolile Sizani named CEO of PetroSA

Mineral resoures & Energy minister Gwede Mantashe reportedly favoured the state-owned oil company’s chair, who is under investigation for wrongdoing

3 hours ago
Envusa Energy reaches financial close on 520MW renewables projects

The Umsobomvu Wind project, the Hartebeesthoek Wind project and the Mooi Plaats Solar project are expected to come online in 2026

4 hours ago
Implats to cut capex as it expects lower metal prices to persist

Implats is targeting more than R10bn in savings over the next five years

4 hours ago
South32 flags sale of Illawarra Metallurgical Coal for up to $1.65bn

The transaction will result in the Perth-based miner simplifying its business and reducing capital intensity

4 hours ago
WATCH: Santam’s annual performance

Business Day TV spoke to Santam CFO Wikus Oliver

1 hour ago
Pick n Pay seeks liquidation of franchisee’s stores

The 19 outlets are unprofitable, collectively racking up more than R155m in losses last year

Woolworths shares hammered after disappointing interim results

Weak economic conditions put brakes on sales volumes, though food remains group’s best performer

Vodacom files appeal against SCA ruling on Please Call Me payout

Matter was decided on issues that had not been placed before the court for adjudication, mobile operator says in application

Harmony Gold investors reap R1bn reward

Profit for six months to end-December lifted by stronger gold price and higher production

Lower PGM prices take a toll on African Rainbow Minerals

Despite boost from weaker rand, miner expects interim headline earnings to fall as much as 50%

Rest of Africa helps Standard Bank earnings jump as much as 28%

Big Blue has also benefited from high interest rates, which boosted its lending margins

WATCH: Harmony Gold to pay record interim dividend

Business Day TV speaks to Boipelo Lekubo, Harmony Gold’s financial director

Sasol and Transnet in partnership for ammonia supply

Transnet will deliver ammonia to Sasol customers with fleet of 128 tankers

Standard Bank ups green funding to empower homeowners to switch to solar

SPONSORED | Through its award-winning LookSee initiatives, the bank is helping customers attain power security and slash their electricity bills

AECI’s full-year profit slips 12%, hit by high finance costs

AECI is seeking to double the profitability of its core mining and chemicals business by 2026