Underwhelming Chinese activity data knock sentiment
Support for legislation enabling unexplained wealth to be probed is to be welcomed
But advocate Mpofu says justices must accept former prisons chief granted parole correctly
Provincial chair elect indicates he will support Ramaphosa’s re-election as ANC president
The tech giant plans to sell all or most of its stake in food delivery firm Meituan to placate domestic regulators and monetise its investment, sources say
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
Morrison secretly took on health and finance portfolios during pandemic
Veteran seamer believes he still has plenty to offer despite turning 40
Demographics paint a gloomy picture for continued US dominance, until one looks at the Chinese figures, argues Niall Ferguson
Transaction Capital’s shares jumped to their highest close in almost two weeks as the company bet on the “indispensable” taxi industry and growth in its debt-collection business as cash-strapped consumers struggle to make bank repayments in the wake of the Covid-19-induced economic slump.
In addition to SA Taxi, which funds and insures the multibillion-rand minibus industry, the company also owns TCRS, which buys non-performing loans from banks at a discount and then collects them. The near-shutdown of the economy has seen a drop in activity, leading to R126m impairment provision for SA Taxi while it reduced the assumed value of loans in TRC’s portfolio...
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