US economy ends 2024 with 2.3% GDP growth, boosted by consumer
Thursday, January 30,2025,14:14
Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters. .. read more..
Eskom prices to rise by four times latest CPI figure
Thursday, January 30,2025,14:07
Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%. .. read more..
Bitcoin extends advance after Fed meeting, Powell commentary
Thursday, January 30,2025,14:07
Bitcoin rose 1.3% to about $105 134 as of 8:30 a.m. on Thursday in New York, adding to a climb of 3.5% yesterday. .. read more..
SA take-home pay surges by 12% – But will the trend last?
Thursday, January 30,2025,14:07
We noted a further improvement in profitability of companies and that just really gives a better environment for salary increases; a better ability for companies to afford better salary increases,’ says economist, Elize Kruger. .. read more..
Eskom gets green light for 12.7% tariff hike – far less than requested
Thursday, January 30,2025,13:56
Nersa blocks Eskom’s bid for a 36% increase, citing economic concerns and public backlash. .. read more..
American Airlines plane collision leaves no hope for survivors
Thursday, January 30,2025,13:47
Rescue crews worked through the night to retrieve any survivors, but by early morning their mission had turned into a salvage operation. .. read more..
Sarb cuts by 25bps
Thursday, January 30,2025,13:07
As expected, but a more cautious cutting tone for the rest of the year. .. read more..
SA to raise R925.98m for Formula 1 bid
Thursday, January 30,2025,13:07
McKenzie said there has been discussions with the Formula 1 organisers during the week, and that the country will be submitting its bid in May to host the motor racing event in 2027. .. read more..
Duduzile Zuma-Sambudla released on warning, will return to high court in March
Thursday, January 30,2025,12:57
The matter has been transferred to the Durban High Court. .. read more..
Digital TV project in peril as installers warn of set-top box fiasco
Thursday, January 30,2025,12:53
Exclusive | Unpaid contractors, missing stock and poor project management: South Africa’s set-top box project is in crisis. .. read more..
WATCH: Sarb announces January repo rate decision
Thursday, January 30,2025,12:50
Lesetja Kganyago’s address set for 3pm on Thursday. .. read more..
Trump keeps world waiting on tariffs, tries to hash out a plan
Thursday, January 30,2025,12:15
Tariffs were so central to Trump’s victorious election campaign that trade experts, and even some of his allies, were surprised when they went missing in action during his first days back in the White House. .. read more..
Gold rises ahead of US GDP as traders search for Fed clues
Thursday, January 30,2025,11:45
Spot gold rose 0.7% to $2 777.98 an ounce at 10:56 a.m. in London. Silver, platinum and palladium rose. .. read more..
South African businesses must rethink cyber risk in 2025
Thursday, January 30,2025,11:35
The rapid advancement of AI and machine learning has reshaped the global cybersecurity landscape. .. read more..
Crude dips as US signals Canada and Mexico may avoid tariffs
Thursday, January 30,2025,11:21
Brent for March settlement was down 0.3% at $76.37 a barrel at 10:43 a.m. in London. .. read more..
Medical unemployment crisis: Lives and livelihoods in danger
Thursday, January 30,2025,11:14
Today – the South African Medical Association warns President Cyril Ramaphosa about the unemployment crisis in the medical sector. Just three months after entering the local motor market, a Chinese brand is outselling its more established competitors. And what could happen to the rand should the GNU unravel? .. read more..
‘Our real interest rate is 8.3% – the highest in the world’
Thursday, January 30,2025,11:07
In light of the Altron FinTech Household Resilience Index, Dr Roelof Botha deplores the MPC’s rate-cut decisions and manufacturing capacity utilisation, but says there is ‘definitely life in the economy’. .. read more..
Eskom and PwC bury the hatchet over ‘capital scrubbing’ project
Thursday, January 30,2025,11:05
PwC agrees to pay R43m after Eskom launched a court case to reclaim funds paid for work done by its own staff. .. read more..
Toyota beats VW as world’s top carmaker
Thursday, January 30,2025,09:30
For fifth straight year. .. read more..
Godongwana rebuffs Transnet debt-relief demand
Thursday, January 30,2025,09:23
South Africa has spent more than R520bn since 2009 in bailouts for state-owned companies. .. read more..
Nigeria’s gasoline imports plunge as Dangote refinery hits trade
Thursday, January 30,2025,09:00
Shipments into the West African nation stood at about 110 000 barrels-a-day during January 1-24. .. read more..
TikTok bidder to offer ‘significantly’ more than $20bn
Thursday, January 30,2025,09:00
It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations. .. read more..
Electricity prices in South Africa: a breaking point is near
Thursday, January 30,2025,08:58
South Africa needs urgent and coordinated efforts to support the transition to clean energy, writes Imraan Mukadam. .. read more..
Ramaphosa, Kagame trade barbs over Rwanda-backed siege in Congo
Thursday, January 30,2025,08:53
Kigali and Pretoria have a history of strained relations. .. read more..
Google’s Africa reseller network grows as organisations think Digicloud for G...
Thursday, January 30,2025,08:30
Digicloud Africa has grown its Google reseller network across the continent to over 150 partners in just six years. .. read more..
Bitcoin extends advance after Fed meeting, Powell commentary
Thursday, January 30,2025,08:30
The largest digital asset rose 1% to about $105 000 as of 12:15 p.m. on Thursday in Singapore, adding to a climb of 3.5% from the US day. .. read more..
Know your scam: Binance helps you identify and avoid Ponzi schemes
Thursday, January 30,2025,08:00
The term “Ponzi scheme” is often unfairly thrown around with regard to the entire cryptocurrency ecosystem. .. read more..
The latest financial results from Tesla are truly awful
Thursday, January 30,2025,07:09
Tesla touted a record quarter in terms of vehicle and battery sales. Somehow that translated to the opposite for its financials. .. read more..
Trump says Fed has done ‘terrible job’ on banking regulation
Thursday, January 30,2025,07:00
Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%. .. read more..
Shell, Thebe near $1bn South Africa oil-asset sales pact
Thursday, January 30,2025,06:42
Paving the way for the sale of the oil giant’s local downstream assets for as much as $1bn. .. read more..
American air plane collides with helicopter near DC Airport
Thursday, January 30,2025,06:30
The plane, operated by subsidiary PSA Airlines, collided with a Sikorsky H-60 Black Hawk helicopter while on approach to Reagan airport at around 9 p.m. local time. .. read more..
Congo president vows ‘resistance’ over rebel seizure of key city
Thursday, January 30,2025,06:00
'A vigorous and coordinated reaction against these terrorists and their patrons is underway,' Tshisekedi said. .. read more..
Vodacom parent makes world’s first satellite video call using a standard smar...
Thursday, January 30,2025,05:38
Vodafone said it had made the world's first video call via satellite using a standard smartphone. .. read more..
Two-pot withdrawals not moving the needle
Thursday, January 30,2025,05:29
Analysis of the performance of shopping malls through Hyprop’s trading update, plus a look at the latest data on the state of the local consumer. .. read more..
Microsoft, Meta defend hefty AI spending after DeepSeek stuns tech world
Thursday, January 30,2025,05:28
The chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive. .. read more..
How SA’s bold new climate act and labour law can align to drive a just transi...
Thursday, January 30,2025,02:06
In a hot and troubled world of work … .. read more..
African Bank’s new route to the JSE
Thursday, January 30,2025,02:04
Management explains the reasons behind delaying its listing to 2028. .. read more..
Opportunities abound in global small and mid-caps
Thursday, January 30,2025,02:03
Whereas in mature industries, larger companies generally struggle to exceed GDP growth … .. read more..
Lottery bosses turned to State Security to investigate leaks
Thursday, January 30,2025,02:02
But things didn’t go their way … .. read more..
How Capitec is disrupting business banking
Thursday, January 30,2025,02:00
Card machine fees. .. read more..
Looking back at 2024 and what lies ahead for 2025
Wednesday, January 29,2025,22:03
I think it will pay to be positive over the long term and the old cliché of diversifying [has proven to be] really important: PSG Wealth CIO Adriaan Pask. .. read more..
Fed holds rates steady, pausing for further inflation progress
Wednesday, January 29,2025,20:08
As Trump's policies on immigration, tariffs and taxes create uncertainty... .. read more..
Fed holds rates steady, pausing for further inflation progress
Wednesday, January 29,2025,20:08
As Trump's policies on immigration, tariffs and taxes create uncertainty … .. read more..
DRC turmoil disrupts critical minerals supply
Wednesday, January 29,2025,20:05
Conflict minerals include the likes of tantalum, which features in electronics across the world, and it's going to be difficult to source it from other regions – Dr Nils Backeberg, Project Blue. .. read more..
DRC critical minerals supply, risk vs return, and getting to know Riah Phiyega
Wednesday, January 29,2025,18:10
This evening we look at the markets with Sasfin Wealth, speak to Project Blue about the conflict in the DRC and its impact on global critical minerals, chat to new payments association Asapp about its aims regarding the South African payment sector, Allan Gray helps us strike a balance between risk and return in our portfolios, and in our Executive Lounge we are joined by retired national police commissioner and CEO of WDB Trust, Riah Phiyega, about her impressive career, a life of servitude, and uplifting communities. .. read more..
‘Integrity, service for others, and excellence’
Wednesday, January 29,2025,18:10
Riah Phiyega - Retired National Commissioner, Saps and CEO, WDB Trust .. read more..
Striking a balance between risk and return
Wednesday, January 29,2025,18:09
Sean Munsie – Portfolio Manager, Allan Gray .. read more..
New association set to transform SA payment landscape
Wednesday, January 29,2025,18:08
Lincoln Mali – President, The Association of South African Payment Providers .. read more..
Looking on the bright side
Wednesday, January 29,2025,18:07
Sasfin's David Shapiro discusses the day's market developments, DeepSeek, awaiting news from the Fed, local interest rate expectations, Barloworld, the rand, and the situation in the DRC. .. read more..
Former Dimension Data executives granted leave to appeal in Campus saga
Wednesday, January 29,2025,17:30
The former executives, who on Wednesday won leave to appeal, have also set out their side of the story in detail for the first time. .. read more..