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@businessXplain Avatar @businessXplain Business Explainer

Business Explainer posts on X about investment, south africa, over the, finance the most. They currently have XXXXXX followers and XXX posts still getting attention that total XXXXXX engagements in the last XX hours.

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Social category influence finance #5076 countries XXXX% automotive brands XXX% technology brands XXX% stocks XXX% social networks XXX% travel destinations XXX%

Social topic influence investment #451, south africa #226, over the #805, finance 1.2%, marks #1171, acquisition #1170, debt 0.8%, cuts #1499, positions 0.8%, approved #1215

Top accounts mentioned or mentioned by @comfortzayn24 @headaches28 @spunkyp81 @tt_straata @vusi_mokwena20 @mangamafika @bassgale @makhanip @grok @kalangagent_ @saipacoza @jonade112 @pustevis @kangaroo_jiggah @thewriteant @gtalevi @sirdavid_dashe @nevondori @hedgingmerchant @mikelo1962

Top assets mentioned DoorDash, Inc. (DASH) Uber Technologies, Inc. (UBER) British American Tobacco (BTI)

Top Social Posts #

Top posts by engagements in the last XX hours

"EXPLAINED - THE TRUE STATE OF TRUWORTHS Once a JSE blue chip praised by global investors Truworths market capitalisation has halved from R40-billion in 2013 to R22-billion today. - 📉 Shareholders have seen no real gains over the past XX years - or even in the last five. The companys financials further explain the depth of its challenges as total shareholder return has collapsed by XX% over the past XX years while the compound annual growth rate has tumbled from XX% in 2016 to just X% today. - 🗞 According to recent media reports foreign investors who once owned two-thirds of the company have"
X Link @businessXplain 2025-10-12T12:10Z 44.8K followers, 26.2K engagements

"AUDI SA WELCOMES NEW BOSS Audi South Africa has appointed Markus Schuster as its new Head. With over XX years of experience across Germany Italy and Singapore Schuster previously led Audi Singapores transformation into the brands first direct-to-customer operation. His appointment comes as Audi plans to launch XX new models in South Africa over the next two years reinforcing its commitment to the market. Schuster will focus on expanding the brands digital and electric mobility strategy building on recent retail investments and steering Audi SA toward a more innovative customer-centred future."
X Link @businessXplain 2025-10-16T10:15Z 44.8K followers, 6916 engagements

"NEW R8BN AIRPORT TO CREATE 100000 JOBS Growthpoint Properties has announced a strategic investment in the R8-billion Cape Winelands Airport precinct a landmark development poised to transform the Western Capes aviation and tourism landscape. The property company known for co-owning the V&A Waterfront will co-develop and manage logistics hospitality and commercial assets within the 450-hectare site. Once completed the airport is expected to support over 100000 jobs and operate largely on renewable energy. Construction is slated to begin in 2026 with the first flights by 2028. Full details -"
X Link @businessXplain 2025-10-16T12:51Z 44.8K followers, 48.9K engagements

"TOP FEMALE EXECUTIVE BIDS FAREWELL Coronation Fund Managers has announced that its Chief Financial Officer Mary-Anne Musekiwa will step down in November 2025 to pursue an international opportunity. Musekiwa (pictured) one of South Africas leading women in finance joined Coronation in 2019 and played a key role in both financial strategy and transformation. She helped secure an R800-million tax win at the Constitutional Court and oversaw a shift in Black ownership from XX% to 52%. With XX% of assets now managed by Black professionals her departure is"
X Link @businessXplain 2025-06-09T12:24Z 44.8K followers, 11.2K engagements

"EXPLAINED - HISTORIC JSE SALE Anglo American has completed the sale of its remaining XXXX% stake in Valterra Platinum for R44.1-billion marking the largest equity capital markets transaction in Johannesburg Stock Exchange history. Standard Bank acting as joint global coordinator played a critical role in securing anchor demand to ensure the success of the placement. The sale concludes Anglo Americans full exit from Valterra allowing it to sharpen focus on copper premium iron ore and crop nutrients while strengthening its balance sheet. Full details - Pictured - Duncan Graham Wanblad Anglo"
X Link @businessXplain 2025-09-25T12:25Z 44.8K followers, 26.7K engagements

"CORONATION CASHES IN ON VICTORY Coronation Fund Managers annual profits more than tripled thanks to strong market returns and a tax dispute win against SARS. Total assets under management (AUM) grew XX% to R667-billion despite R51.1-billion in outflows reflecting SAs weak economy. Coronation plans to boost Black ownership to XX% through a second B-BBEE deal to secure more mandates. Shares rose X% valuing the firm at R13.8-billion with a XX% yearly increase. Headline earnings rose XXX% to 630.5c per share enabling a final dividend of 228c per share a XX% rise. Including a special dividend of"
X Link @businessXplain 2024-11-19T14:31Z 44.8K followers, 1665 engagements

"REMGRO POSTS XX% DROP IN EARNINGS Stellenbosch-based Remgro reported a XX% decline in earnings for the year ended June 2024 with headline earnings per share (Heps) down XXXX% to 1018 cents. The decrease was attributed to corporate actions and weaker performance from Heineken Beverages Holdings. Despite these challenges Remgro increased its dividend by XX% declaring XXX cents per share. The group's intrinsic net asset value per share saw a modest X% rise to R251.01. Remgro cited a tough business environment but noted improving macroeconomic conditions including reduced load shedding and lower"
X Link @businessXplain 2024-09-20T09:10Z 44.8K followers, 1328 engagements

"R3.6 BILLION PROFIT FOR REMGRO Remgro has reported a remarkable XXXX% rise in headline earnings for the six months ending December driven by strong performances from key companies like Rainbow Chicken RCL Foods Outsurance and Mediclinic. Headline earnings per share (HEPS) rose to XXX cents while earnings per share (EPS) surged by an impressive XXXXX% to XXX cents. The group achieved a total profit of R3.65-billion a significant recovery from the previous year's loss. Remgro also declared an interim dividend of XX cents per share reflecting its robust financial health. Although the company"
X Link @businessXplain 2025-03-25T08:48Z 44.8K followers, 6546 engagements

"ESKOM IS NOW PROFITABLE Eskom has reported its first full-year profit in eight years posting R16-billion after tax for the year ending March 2025. The result marks an incredible turnaround from the R55-billion loss recorded the previous year. Debt relief from government tariff adjustments stronger sales and tighter cost controls drove the recovery. Importantly power cuts have fallen sharply with only XX days of outages compared with XXX the year before. After years of bailouts and financial strain the improvement signals new momentum for the state-owned utility and fresh hope for South"
X Link @businessXplain 2025-09-30T12:03Z 44.8K followers, 238.3K engagements

"SUSPENDED EXXARO CEO LOSES COURT BID The Gauteng High Court has ruled that the case brought by Nombasa Tsengwa the suspended CEO of Exxaro Resources is not urgent. Tsengwa had asked the court to overturn her precautionary suspension claiming it was causing harm to her reputation and needed urgent attention. However the court disagreed and ordered Tsengwa to pay the costs of two legal counsels. Tsengwa had been suspended in December 2024 pending an investigation into workplace conduct and governance issues following allegations of bullying and intimidation. Exxaro has welcomed the ruling"
X Link @businessXplain 2025-02-04T14:16Z 44.8K followers, 60.7K engagements

"DHL BETS ON SOUTH AFRICA South Africa is set to gain from a R6-billion investment by global logistics giant DHL aimed at expanding its operations across Africa. R1-billion will be channelled into South Africa over the next five years supported by improved Transnet performance and rising port efficiency. Despite poor global rankings in the World Banks Port Performance Index recent data shows record-breaking container volumes and major upgrades at ports like Durban Cape Town and Coega. DHLs plans include expanding cold-chain logistics healthcare transport and supply chain capacity - signalling"
X Link @businessXplain 2025-10-16T06:59Z 44.8K followers, 24.9K engagements

"A CLOSER LOOK - NEW SIBANYE CEO Sibanye-Stillwater has appointed Dr Richard Stewart as its new CEO succeeding Neal Froneman. Under Froneman Sibanye grew into a R140-billion powerhouse returning R46-billion to shareholders. Stewart's Academic Credentials - BSc (Honours) in Geology (Witwatersrand) - PhD in Geology (Witwatersrand) - MBA Warwick Business School UK - Registered Natural Scientist (PrSciNat); - Fellow of the Geological Society of South Africa Sibanye Professional Roles (25+ Years) - Executive Vice President: Business Development - Group COO appointed December 2020 - Chief Regional"
X Link @businessXplain 2025-10-03T07:03Z 44.8K followers, 50.2K engagements

"EXXARO ROCKED BY ANOTHER EXIT Exxaro Resources has lost another top leader chief coal officer Kgabi Masia (pictured) as boardroom challenges continue. His departure said to be mutual follows earlier suspension rumours tied to contract issues. This marks yet another shake-up after the companys former CEO Nombasa Tsengwa also left under serious allegations and governance concerns. The new CEO Ben Magara is now steering the ship during this rough patch trying to rebuild trust and fill key roles quickly. Still the company insists operations remain stable with an acting chief already in place. As"
X Link @businessXplain 2025-05-07T06:09Z 44.8K followers, 15.2K engagements

"NASPERS TAKES A R83BN BITE OF JUST EAT Naspers has completed its R83 billion acquisition of a XX% stake in Just Eat through its international arm Prosus. With EU approval secured the move positions Prosus as the worlds fourth-largest food delivery company behind Meituan DoorDash and Uber. Operating in XX markets and linking XX million customers to 362000 restaurants Just Eat expands Prosuss global reach. CEO Fabricio Bloisi (pictured) praised the acquisition as a landmark step for growth and innovation. Full story -"
X Link @businessXplain 2025-10-03T03:03Z 44.8K followers, 1430 engagements

"TREVOR MANUEL SCAM UPDATE Former Finance Minister Trevor Manuel has warned South Africans about a scam using deepfake images and his artificial voice to trick people into fake investments. Manuel now chairman of Old Mutual stressed he does not provide investment advice and urged the public to verify all financial offers. The scam circulating on Facebook and other platforms exploits AI technology to impersonate trusted figures. Manuel reminded people that if an investment looks too good to be true it probably is. More on this"
X Link @businessXplain 2025-10-04T07:04Z 44.8K followers, 3792 engagements

"SIBANYE BUYS U.S. REFINERY FOR R1.49BN Sibanye-Stillwater has bought US-based Metallix Refining for R1.49-billion strengthening its recycling and refining operations. The North Carolina firm recycles precious metals from industrial waste offering Sibanye advanced technology and extra processing capacity. CEO Neal Froneman (pictured) said the acquisition fits well with the companys global strategy. The deal also positions Sibanye to benefit from US incentives like the Inflation Reduction Act and rising demand for critical minerals. Read more about how American harsh tariffs may play out"
X Link @businessXplain 2025-07-22T15:11Z 44.8K followers, 30.5K engagements

"EXPLAINED - OLD MUTUAL & SANLAM DEAL Old Mutual has sold medical devices supplier Medhold to rival insurer Sanlam marking a major shift in South Africas healthcare investment landscape. Through their private equity arms the deal highlights growing interest in healthcare technology as demand rises across the continent. Since acquiring Medhold in 2018 Old Mutual grew its earnings XXX times and expanded its product range into robotic surgery orthopaedics and infection control. With operations in XX African countries Sanlam aims to onboard XX million new customers by the end of 2025 emphasising"
X Link @businessXplain 2025-10-08T12:48Z 44.8K followers, 14K engagements

"BARLOWORLDS FUTURE HANGS UNCERTAIN Silchester International Investors a major Barloworld shareholder has rejected a consortium's cash offer of R120 per share stating they won't sell unless it rises to R130. Silchester holds XXXX% of Barloworld's shares and its support is crucial for the buyout's success. The consortium including Saudi's Zahid Group needs XX% shareholder approval but faces skepticism about commitments from major investors. Concerns over CEO Dominic Sewela's potential conflict of interest have also emerged. As negotiations continue Barloworld's stock closed at R109.95"
X Link @businessXplain 2024-12-17T05:37Z 44.8K followers, 7533 engagements

"EXPLAINED - ANGLO-TECK $53BN MEGA DEAL Anglo American and Teck Resources have agreed to a $53-billion merger of equals creating Anglo Teck the worlds fourth-largest copper producer. Headquartered in Canada with a London listing the new group will derive over XX% of its value from copper alongside iron ore zinc and fertiliser assets. Markets responded with enthusiasm: Anglos shares jumped X% on the JSE while Tecks rose XX% in Frankfurt. The deal promises $800-million in annual savings by year four and long-term gains from Chilean mines. With demand for copper rising in electric vehicles and"
X Link @businessXplain 2025-09-10T11:15Z 44.8K followers, 10.5K engagements

"COURT CLEARS VODACOMS R13.2BN DEAL South Africas Competition Appeal Court has approved Vodacoms R13.2-billion acquisition of a stake in Remgros fibre unit Maziv which owns Dark Fibre Africa and Vumatel. Vodacom will take XX% with an option to increase to XX% aiming to accelerate broadband rollout and expand digital inclusion. The deal initially opposed by regulators gained support after further investment commitments and backing from Trade Minister Parks Tau. Vodacom CEO Shameel Joosub (pictured) hailed the ruling as key to boosting connectivity meeting surging demand for data and"
X Link @businessXplain 2025-08-15T11:51Z 44.8K followers, 7760 engagements

"RUPERT POURS BILLIONS BACK TO INVESTORS Remgro the investment group led by Johann Rupert has declared a special dividend of XXX cents per share lifting its total shareholder payout for the year to R3-billion. The move follows the sale of its British American Tobacco stake and strong gains across its portfolio. Annual dividends rose more than XX% while headline earnings surged nearly 40%. Full story - Pictured - Johann Peter Rupert South African billionaire and chairman of Remgro"
X Link @businessXplain 2025-09-23T15:32Z 44.8K followers, 29.1K engagements

"SASOL REPORTS R6.8BN PROFIT Sasol has staged a stunning comeback reporting a R6.8-billion profit in 2025 after a heavy R44.3-billion loss last year. Its shares have soared XX% as investors welcomed the turnaround. CEO Simon Baloyi's (pictured) strategy - boosting output cutting costs and pushing renewables - has paid off despite rising carbon credit expenses. The company spent R723-million on offsets and completed a new coal plant to improve fuel quality. The revival positions Sasol as one of this years biggest market winners. Read more -"
X Link @businessXplain 2025-08-25T16:50Z 44.8K followers, 293.2K engagements

"GOOD NEWS FOR BARLOWORLD Moodys has upgraded Barloworlds credit rating citing the companys ability to maintain stable credit metrics despite a downturn in commodity demand. The upgrade comes as a consortium led by Barloworld CEO Dominic Sewela and Gulf Falcon Holding pushes a R23-billion bid to take the company private at R123 per share. US-based Caterpillar Barloworlds key supplier has backed the deal adding pressure on dissenting shareholders like Silchester International Investors which holds XX% and opposes the bid. Independent advisers Rothschild & Co have deemed the offer fair and"
X Link @businessXplain 2025-02-14T04:08Z 44.8K followers, 5634 engagements

"VODACOM EYES SOUTH AFRICAN WEALTH MARKET Vodacom is preparing to enter South Africas wealth management sector aiming to offer savings and investment products to its XX million local customers. Building on successes in Kenya and Tanzania where platforms like M-Wekeza and Mali have opened capital markets to everyday users Vodacom sees financial inclusion as a major growth area. Its financial services arm has already doubled revenue to R14-billion since 2020 boosted by M-Pesas rapid adoption across Africa. Vodacom expects apps like VodaPay to drive expansion with fintech customers projected to"
X Link @businessXplain 2025-10-06T09:26Z 44.8K followers, 13K engagements

"SIU FINDS R50M IN SECRET RAF ACCOUNT The Special Investigating Unit (SIU) has uncovered a hidden Road Accident Fund (RAF) bank account containing R50-million. During a parliamentary briefing investigators revealed multiple alternative accounts holding millions weak controls and fraud-prone processes. The SIU also linked R30-million in diverted funds to individuals and exposed payments to a family member of an RAF executive. Further XXX law firms received duplicate payments totalling R340-million with some now repaying the money. Investigators say RAF executives obstructed the probe exposing"
X Link @businessXplain 2025-10-14T07:36Z 44.8K followers, 212.8K engagements

"R240 MILLION PAYDAY FOR CEO Phuthi Mahanyele-Dabengwa CEO of Naspers South Africa has sold R239-million worth of shares in a single transaction. The share options were part of incentive packages granted between 2020 and 2023. The sale made on XX July was reportedly to settle taxes and related costs. Despite cashing out she retained 9999 shares worth over R55-million. Her total pay last year was R44-million and she is now on the Naspers board with a Prosus board seat pending. Read more on this"
X Link @businessXplain 2025-08-05T08:29Z 44.8K followers, 484K engagements

"CAPITEC OVERTAKES FIRST RAND Capitec has officially overtaken FirstRand to become South Africas most valuable bank with a market value of R424-billion. Once dismissed as a small microlender Capitec has transformed into a financial giant attracting more than XX million clients and expanding to nearly XXX branches and 9000 ATMs nationwide. Its bold move into business banking including the acquisition of Mercantile Bank has boosted growth. Investors are drawn to its consistent innovation earnings that climbed from R2.5-billion in 2015 to R13.7-billion and its strong appeal to the youth market"
X Link @businessXplain 2025-08-27T13:13Z 44.8K followers, 696.4K engagements

"TSHWANE SECURES R16BN FOR CAR FACTORIES Tshwane has secured investment commitments worth R86-billion promising a major boost for South Africas capital city. Of this R16-billion is dedicated to the automotive sector home to giants like Ford and BMW. The remaining pledges focus on infrastructure aviation and renewable energy with R6.8-billion already in motion. Mayor Dr Nasiphi Moya (pictured) while welcoming the pledges cautioned that public funding alone cannot meet the citys infrastructure demands. Tshwane the countrys second-largest economy after Johannesburg now aims to use private"
X Link @businessXplain 2025-09-16T11:38Z 44.8K followers, 444.5K engagements

"ASPEN STOCK FALLS PIC BUYS MORE The Public Investment Corporation (PIC) Africas largest fund manager has increased its stake in Aspen Pharmacare to XXXXX% strengthening its position as the companys largest investor. The move means the PICs exposure to Aspen is now worth R15-billion. Despite Aspens stock dropping XX% in six months the company is making big strategic moves. It secured a 500-million loan for vaccine and medicine development in Africa. It applied to register tirzepatide a diabetes drug as a weight loss treatment. Aspen is also preparing for the booming GLP-1 market and signed a"
X Link @businessXplain 2025-02-13T06:55Z 44.8K followers, 9664 engagements

"INVESTEC WINS LICENCE TO TRADE ELECTRICITY Investec has secured a 20-year energy trading licence from Nersa enabling the bank to introduce specialised energy products. The licence marks a breakthrough in South Africas liberalising energy market giving Investec a platform to fund hedge and offtake clean power. Its first deal will draw electricity from the 50MW Ilikwa Solar PV facility in the Free State from 2026. While Eskom has challenged Nersas licensing powers in court critics argue the utility resists competition. Full story - Pictured - Fani Titi Investec CEO"
X Link @businessXplain 2025-09-25T13:50Z 44.8K followers, 369.7K engagements

"FROM FIRST-RAND TO OLD MUTUAL Roger Jardine former FirstRand chair and recent political hopeful has re-entered the corporate world as an independent non-executive director at Old Mutual. Old Mutual chair Trevor Manuel praised his leadership governance and financial expertise noting his alignment with the firms board renewal strategy. Jardine had stepped away from business in 2023 to launch Change Starts Now a political party advocating private sector-led growth though it failed to reach the ballot. Now returning to finance Jardine is expected to strengthen Old Mutuals governance and help"
X Link @businessXplain 2025-09-11T12:11Z 44.8K followers, 5163 engagements

"CEO AND CFO APPOINTMENTS Growthpoint Properties has announced a leadership transition with Estienne de Klerk (pictured) set to take over as Group CEO on X July 2026 and Jos Snyders becoming Group CFO on X January 2026. Current CEO Norbert Sasse will retire after XX years but stay on until December 2026 for a smooth handover while outgoing CFO Gerald Vlkel will work alongside Snyders for three months before his exit. The board says the changes bring a balance of continuity and fresh perspective ensuring strong leadership as Growthpoint advances its strategy to strengthen its local portfolio"
X Link @businessXplain 2025-08-12T09:11Z 44.8K followers, 5755 engagements

"BARLOWORLD SEES REVENUE RISE Barloworld has reported a X% increase in revenue largely thanks to exceptional growth in its Mongolia operations where revenue soared by XX% due to strong product sales and aftermarket demand. While the Southern African mining sector struggles with lower commodity prices the expanding infrastructure projects in Mongolia have provided a positive offset. Despite challenges Barloworld remains confident in its financial health bolstered by a recent credit rating upgrade from Moodys. Although after-sales activity in parts and services saw a decline effective cost"
X Link @businessXplain 2025-02-21T10:13Z 44.8K followers, 3502 engagements

"MOMENTUM POSTS R6.26BN PROFIT Momentum Group has reported record results for the year ending June with normalised headline earnings rising XX% to R6.26-billion and earnings per share jumping 46%. Strong contributions came from Momentum Investments Metropolitan Life Momentum Corporate Momentum Insure and Guardrisk while Africa operations saw weaker profits. The board approved an extra R1-billion for share buybacks and raised its dividend policy range to 4060% of earnings. Looking ahead Momentum expects consumer pressure but remains confident in meeting 2027 growth targets. Full story -"
X Link @businessXplain 2025-09-17T09:12Z 44.8K followers, 18.4K engagements

"CAPITEC PROFITS CLIMB TO R8 BILLION Capitec Bank has delivered a strong set of half-year results reporting a XX% rise in headline earnings to more than R8-billion for the six months to August 2025. Capitec has been the leading bank by customer base for a while and it has reported that it now serves at least XX million clients. According to the interim results the bank also has XX million users on its banking app. New offerings from cross-border transfers to Home Affairs services in branches reinforce Capitecs bold goal to bank XX% of South Africans. Full story - Pictured - CEO Graham Lee"
X Link @businessXplain 2025-10-02T07:54Z 44.8K followers, 21.6K engagements

"STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a XX% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to XXXXX cents. The group declared an interim dividend of XXX cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and"
X Link @businessXplain 2025-03-06T11:14Z 44.8K followers, 17.5K engagements

"EXXARO PROFITS FALL Exxaro Resources has reported a significant XX% decline in headline earnings for the year ending December 2024. This drop is mainly due to soaring logistics costs which rose by R1.5-billion despite a X% revenue increase to R40.7-billion. Net operating profit fell by XX% to R10.6-billion while overall coal production decreased by X% to XXXX million tonnes driven by reduced demand from Eskom. In response to the tough financial year Exxaro announced a reduced final dividend of R8.66 and plans for a R1.2-billion share repurchase. Ben Magara (pictured) will assume the CEO role"
X Link @businessXplain 2025-03-13T10:32Z 44.8K followers, 11.4K engagements

"RUPERT PRAISES MINISTER TAU Remgro chair Johann Rupert has praised Trade Industry and Competition Minister Parks Tau for appealing a Competition Tribunal ruling that blocked a deal between Vodacom and Remgro's fibre business. Rupert called the Tribunal's decision "absurd" pointing out the need for South Africa to enhance its technological capabilities. The Tribunal raised concerns about market competition while Vodacom argued the deal would improve services in underserved areas and create jobs. Rupert shared anecdotes about Remgro's fibre projects highlighting the need for better connectivity"
X Link @businessXplain 2024-11-29T06:19Z 44.8K followers, 18.6K engagements

"TRUWORTHS BETS R550M ON MINI STORES Truworths is investing R550 million to expand its store network and introduce fresh retail concepts showing confidence in a recovering economy. The retailer plans to grow trading space by X% in 2026 with new standalone stores for Daniel Hechter Ginger Mary Fuel and Moskow. CEO Michael Mark (pictured) revealed plans for mini emporiums and refurbishments to strengthen brand presence. Despite rising costs cutting profit by XX% Truworths maintains a strong R720-million cash position. Read more -"
X Link @businessXplain 2025-09-01T08:08Z 44.8K followers, 14.8K engagements

"EXXARO REPORTS R4.1BN PROFIT Exxaro Resources shares rose more than XX% to R180.77 after the group reported record first-half profits. Net profit rose XX% to R4.1-billion while earnings per share climbed XX% to 1724 cents. Revenue grew X% to R20.6-billion with stronger coal sales offsetting weaker commodity prices. Exxaro declared an interim dividend of R8.43 its 45th consecutive payout since listing. Alongside stable production the group advanced renewable projects and struck a R14.68-billion acquisition deal. Investors welcomed the results reflecting confidence in Exxaros growth and"
X Link @businessXplain 2025-08-21T14:23Z 44.8K followers, 50.2K engagements

"BIG PROFITS BIGGER PAYDAYS AT SHOPRITE South Africas largest retailer Shoprite Holdings has rewarded its leaders after another strong year. CEO Pieter Engelbrecht (pictured) earned R87-million in 2025 a XXX% rise from 2024 pretty much highlighting the groups impressive XXXX% profit growth and resilient performance despite tough economic conditions. His package included salary bonuses and share-based incentives part of Shoprites plan to link pay with results. CFO Anton de Bruyn earnedR32.8-millionin 2024 after a XX% salary increase to stay competitive though his 2025 pay has not yet been"
X Link @businessXplain 2025-10-14T12:42Z 44.8K followers, 16.7K engagements

"NESTL TO CUT 16000 JOBS GLOBALLY Nestl is cutting 16000 jobs worldwide as new CEO Philipp Navratil launches a major restructuring to drive growth and efficiency. The move affecting X% of its 277000 staff comes alongside stronger-than-expected third-quarter results with organic sales up XXX% and total sales reaching XXXX billion francs. Most cuts will hit white-collar roles as Nestl raises its cost-savings target to X billion francs by 2027. (White-collar roles refer to professional managerial or administrative jobs typically performed in an office or corporate environment) Navratil (pictured)"
X Link @businessXplain 2025-10-16T07:46Z 44.8K followers, 2271 engagements

"WESBANK APPOINTS NEW CEO WesBank has named Robert Gwerengwe as its new CEO effective X September succeeding Ghana Msibi who now leads FNB Business. Gwerengwe currently CEO of DirectAxis and head of FNBs Personal Sub-Segment cluster brings nearly two decades of experience within the FirstRand Group. His career includes senior roles at DirectAxis and UK-based MotoNovo focusing on growth and financial performance. In his new role he will oversee WesBanks vehicle and asset finance operations aiming to reinforce its market leadership. Holding an MBA and multiple finance qualifications Gwerengwes"
X Link @businessXplain 2025-09-01T14:41Z 44.8K followers, 68.3K engagements

"STEPPING DOWN Nombasa Tsengwa the CEO of Exxaro Resources has resigned immediately after facing what she described as "damaging" and "defamatory" charges. In her resignation letter Tsengwa revealed she was accused of conflict of interest involving her late boyfriend's business transactions with Exxaro and breach of duty for personal favours. These charges came as a surprise as they differed from the initial allegations of workplace misconduct and governance issues that led to her suspension. Tsengwa who had been with Exxaro for XX years stated that the investigation seemed designed to force"
X Link @businessXplain 2025-02-06T12:45Z 44.8K followers, 61.5K engagements

"MINIMUM PAY FirstRand which owns FNB RMB and WesBank has raised its minimum salary for non-banking staff to R15400 per month while banking roles now start at R17900 per month. These pay changes come with other benefits like medical aid subsidies and school fee assistance. This adjustment aligns with FirstRands commitment to providing a decent standard of living for all employees. With South Africas Companies Amendment Act requiring transparency on pay disparities soon FirstRand is preparing for new reporting standards. Group CEO Mary Vilakazi earned R40-million including incentives for the"
X Link @businessXplain 2024-10-31T05:38Z 44.8K followers, 281.6K engagements

"VODACOM'S DEAL BLOCKED South Africas Competition Tribunal has blocked Vodacom Groups R13.2-billion purchase of a stake in Remgros fiber businesses. The Competition Commission had previously raised antitrust concerns recommending that the tribunal prevent the deal - which reflects ongoing scrutiny of mergers in the telecommunications sector as companies invest in infrastructure to serve a tech-savvy population. More on this here:"
X Link @businessXplain 2024-10-30T06:11Z 44.8K followers, 19.2K engagements

"CHINESE CARMAKERS TO ASSEMBLE VEHICLES IN SA Chinese automakers Great Wall Motors (GWM) and Chery are set to assemble vehicles in South Africa as demand increases and sales rebound to pre-Covid-19 levels. Chery targeting sales of up to 39000 units this year is considering a local plant - either through takeover or new construction. GWM is exploring joint ventures with local assemblers though high content requirements and volume thresholds pose challenges. September sales climbed XX% year-on-year to 54700 units with Chery now ranking fourth in passenger car sales and GWM sixth. Both companies"
X Link @businessXplain 2025-10-07T08:34Z 44.8K followers, 147.8K engagements

"REDDY TO LEAD THE JSE AS FOURIE STEPS DOWN The Johannesburg Stock Exchange (JSE) has announced that Group CEO Leila Fourie will retire on XX March 2026 ending a seven-year tenure marked by financial turnaround revenue diversification and regulatory innovation. She will be succeeded by Valdene Reddy the JSEs Director of Capital Markets effective X April 2026. Fouries leadership introduced reforms to listing requirements a voluntary carbon market and new ETF segments while strengthening transformation and sustainability efforts. JSE Chairman Phuthuma Nhleko praised her clarity and resilience"
X Link @businessXplain 2025-10-09T09:18Z 44.8K followers, 9626 engagements

"SANTAM REPORTS STRONG RESULTS Santam delivered higher first-half earnings with every business unit outperforming its 2024 results. Group insurance revenue rose XX% to R27.5-billion while headline earnings per share climbed XX% to R18.73. The insurer declared an interim dividend of 590c per share. Growth was supported by strong underwriting margins of XXXX% benign loss trends and no major weather events. Its Alternative Risk Transfer business lifted profit by XX% while international operations especially in India added further momentum. With easing pressure on consumer incomes and a focus on"
X Link @businessXplain 2025-09-01T13:46Z 44.8K followers, 23.3K engagements

"FIRSTRAND EARNINGS CLIMB XX% FirstRand has reported a XX% rise in annual earnings to R41.88-billion supported by strong performances across its domestic operations. Headline earnings reached XXXXX cents per share with the group declaring a final dividend of XXX cents bringing the annual total to XXX cents - up XX% year-on-year. Despite absorbing nearly R3-billion in provisions and fees linked to a UK motor commission issue FirstRand delivered robust results with a return on equity of 20.2%. Looking ahead the group expects mid-teen earnings growth in 2026 supported by rising deposits lending"
X Link @businessXplain 2025-09-11T10:41Z 44.8K followers, 24.7K engagements

"ESKOM WORKERS DEMAND XX% PAY HIKE The National Union of Mineworkers (NUM) representing 15000 Eskom workers is demanding a XX% wage increase as fresh negotiations begin. The call comes despite inflation at just XXX% and follows Eskoms first profit in eight years after stabilising its grid and cutting blackouts. The utility long reliant on government bailouts now seeks to raise debt to sustain recovery. Talks could prove tense with NUM opposing Eskoms proposal to allow newly unbundled units to set separate union agreements fearing weakened bargaining power. While Eskom has pledged constructive"
X Link @businessXplain 2025-10-08T07:58Z 44.8K followers, 26.3K engagements

"INVESTORS TURN TO AFRICA AS DOLLAR SLIPS Africas stock markets are enjoying a remarkable rally with Ghana crowned the worlds best performer in dollar terms this year. Zambia follows in second place while Nigeria Kenya and South Africa rank 14th 15th and 21st. The increase according to Bloomberg is fuelled by reforms falling interest rates and the weaker dollar which has boosted investor appetite for African assets. Commodities add further momentum with platinum up XX% gold XX% and copper 18%. In turbulent global markets Africa is emerging as a surprising beacon of opportunity. Full story -"
X Link @businessXplain 2025-10-07T04:07Z 44.8K followers, 21.1K engagements

"SHAREHOLDERS WIN BIG AT INVESTEC Investec has delivered another record dividend - its third in a row - after operating profit topped R24-billion up XXX% year-on-year. Revenue climbed X% thanks to stronger lending new clients and solid fund inflows. While earnings per share dipped slightly the bank still met its return targets proving resilient in a competitive market. Lower funding costs in Southern Africa cushioned UK deposit repricing and a new R2.5-billion share buyback plan was announced for SA. (Pictured - Fani Titi Investec CEO)"
X Link @businessXplain 2025-05-22T08:02Z 44.8K followers, 14.7K engagements

"CORONATION IS LOOKING FOR A CFO Coronation Fund Managers a heavyweight in South Africas investment industry is searching for a Chief Financial Officer to steer its financial ship. The permanent role requires a hands-on leader with strong boardroom experience and deep financial expertise. Candidates must be Chartered Accountants with at least XX years experience proven leadership skills and technological savvy. This appointment promises not just responsibility but influence - a chance to shape Coronations future and its continued growth story. Apply here"
X Link @businessXplain 2025-08-21T16:37Z 44.8K followers, 8992 engagements

"BIDVEST REPORTS R12BN PROFIT Bidvest has reported resilient results for the year to June with revenue up X% to R126.6-billion and trading profit edging higher at R12-billion. Headline earnings dipped slightly by X% while cash from operations rose X% to R14.7-billion reflecting strong balance sheet management. Divisional performance was mixed: freight earnings fell XX% and commercial products plunged XXXX% but services delivered double-digit growth locally and abroad. Bidvest expanded with acquisitions including Citron Hygiene in North America and a 25-year Richards Bay concession. (Pictured -"
X Link @businessXplain 2025-09-01T11:02Z 44.8K followers, 26.4K engagements

"R1 MILLION UP FOR GRABS FROM NEDBANK Nedbank has opened applications for its ReNEW accelerator inviting South African startups driving circular economy solutions to apply. Managed by Impact Amplifier and backed by the Nedbank Foundation the programme offers funding of up to R1-million alongside mentoring and acceleration support. It targets innovations that create jobs and opportunities for young people while advancing South Africas circular economy goals. Read more and apply -"
X Link @businessXplain 2025-10-03T16:03Z 44.8K followers, 18.3K engagements

"TEN FOUNDERS COMPETE FOR R800000 Engen The Making Of is back for season two. Ten South African entrepreneurs will battle through high-pressure tasks where they must create cost and pitch innovative products or services in just four hours. Each episode offers R100000 to the winning team while the finale crowns one ultimate winner. Contestants range from designers and tech founders to educators and wellness innovators each bringing unique stories and visions. Beyond the prize money the competition offers mentorship exposure and practical lessons in resilience strategy and collaboration making"
X Link @businessXplain 2025-10-03T11:03Z 44.8K followers, 7827 engagements

"QANTAS FINED FOR FIRING 1820 STAFF Qantas Airways has been ordered to pay a record fine of $90-million (about R1.1 billion) for unlawfully firing 1820 ground staff during the Covid-19 pandemic. The court ruled that replacing staff with contractors breached workplace laws criticising the airlines apologies as more about reputation than remorse. Half of the fine will go to the Transport Workers Union which brought the case. Qantas has apologised and pledged to pay though its share price dipped after the verdict. (Pictured - Qantas CEO Vanessa Hudson) Read more on this story -"
X Link @businessXplain 2025-08-19T16:20Z 44.8K followers, 6916 engagements

"FIRSTRAND FACES BILLION-RAND PENALTY A UK law firm Sentinel Legal has accused FirstRand of funneling over XX% of car finance interest into undisclosed commissions impacting millions of consumers. This accusation is part of an investigation by the UK's Financial Conduct Authority (FCA) into the car finance sector. The investigation spans XX years and a Supreme Court ruling in favour of consumers could lead to billions in compensation. FirstRand worth about R420-billion on the JSE has set aside R3.3-billion for potential compensation and costs. The case follows a 2024 court ruling where"
X Link @businessXplain 2025-01-24T08:43Z 44.8K followers, 11.4K engagements

"FORMER MASSMART CEO JOINS PICK N PAY Pick n Pay has appointed former Massmart CEO Grant Pattison to its board joining economics professor Haroon Bhorat in a bid to steer the retailer towards recovery. This move supports CEO Sean Summers turnaround plan which has already shown promise with improved store performance. Read more about the appointment"
X Link @businessXplain 2025-08-06T14:02Z 44.8K followers, 116.4K engagements

"BARLOWORLD DIVIDEND RAISES EYEBROWS Barloworld Group announced a X% drop in revenue to R41.9 billion for the year ending September 2024 with operating profit falling XXXX% to R3.8-billion. Despite these declines the company declared a final dividend of XXX cents per share bringing the total to XXX cents for the year which is X% higher than the previous year. The results were impacted by restructuring costs and an acquisition in Mongolia. Barloworld also made provisions for inventory obsolescence and restructuring related to its Russian business. Additionally the company is in talks with a"
X Link @businessXplain 2024-11-25T12:01Z 44.8K followers, 10.9K engagements

"EXXARO APPOINTS NEW LEADERS Exxaro Resources has announced key leadership changes as it positions itself for growth in energy metals and coal. From November Caroline Shirindza (pictured) will become executive head of coal while Neo Monareng will lead sustainability succeeding Mongezi Veti who retires in 2026. CEO Ben Magara said the appointments strengthen Exxaros ability to seize opportunities boost efficiency and deliver value to shareholders. The refreshed team also includes leaders across finance energy metals technical services and strategy. Exxaro says the new structure makes the"
X Link @businessXplain 2025-08-20T10:48Z 44.8K followers, 14.9K engagements

"BEER SALES LOSE BUBBLE Heineken Beverages is battling a drop in sales in South Africa especially in beer and cider despite its 2023 merger with Distell and Namibia Breweries. While Namibia showed strong growth South Africa struggled due to fierce competition and pricing missteps. Beer and cider volumes dropped by high single digits and wine sales fell sharply as the company shifted its focus to more profitable products. The merger was meant to boost Heinekens African presence but an 18-month pause in information sharing left gaps. Despite this Heineken is fighting back with new launches like"
X Link @businessXplain 2025-04-17T09:37Z 44.8K followers, 63.2K engagements