Capitec Connect is now contributing positively to earnings

Capitec Connect, the bank’s MVNO business, reported R35m in net transaction and commission income

11 hours ago
Anglo lowers its 2024 diamond output guidance

Diamond production is now expected at 26-29 million carats from a previous guidance of 29-32 million carats

Gucci-owner Kering forecasts up to 45% drop in profit

Sales for the three months ending in March were down 10% on a comparable basis at €4.5bn

1 hour ago
2024 Sanlam ESG Barometer: navigating the changing dynamics

SPONSORED | Listed companies in SA and Kenya are invited to participate in the research for this year's report

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Telecom Italia CEO Pietro Labriola secures second term to reshape group

Vivendi's decision to abstain from backing any slate of nominees key to final outcome

1 hour ago
WATCH: Growing customer base boosts Capitec

Business Day TV speaks to banking analyst at Ashburton Investments Daniel Masvosvere

2 hours ago
WATCH: Fintech firm Paymentology expects profits in 2024

Business Day TV spoke to technology correspondent for Business Day Mudiwa Gavaza

7 hours ago
Bryan O’Donovan appointed chief data and analytics officer at Cell C

The mobile provider’s leadership has undergone a shake-up in the past year

11 hours ago
David Ellison’s geek sensibilities could give Paramount Global a leg up

If the studio’s board recommends a merger, it would present an opportunity for the Skydance Media owner to revitalise it

8 hours ago
Sberbank’s $8bn payout boosts Kremlin coffers

Russia’s largest state-owned lender shakes off sanctions

2 hours ago
Spotify posts record quarterly profit

Audio streaming giant’s premium subscribers rise to 239-million in first quarter

3 hours ago
General Motors shares and forecast rise as results top targets

The carmaker cites stable pricing and demand for its petrol-engine vehicles as adjusted pretax profit projection upped to $12.5bn-$14.5bn

8 hours ago
Apple takes a hit from Huawei as smartphone shipments dive in China

The US tech giant’s share in the world’s biggest smartphone market falls 19% to put it almost level with its rival

8 hours ago
Kumba export sales hit by ‘challenging’ operating conditions at Saldanha Bay Port

The group maintained its production and sales guidance for the full year

Amplats first quarter PGM output declines 7%, maintains 2024 guidance

Eskom load-curtailment had no impact on production during the quarter.