#  @businessXplain Business Explainer Business Explainer posts on X about south africa, business, strong, company the most. They currently have [------] followers and [---] posts still getting attention that total [-------] engagements in the last [--] hours. ### Engagements: [-------] [#](/creator/twitter::837611793430237185/interactions)  ### Mentions: [--] [#](/creator/twitter::837611793430237185/posts_active)  ### Followers: [------] [#](/creator/twitter::837611793430237185/followers)  ### CreatorRank: [------] [#](/creator/twitter::837611793430237185/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) #6344 [countries](/list/countries) 32.28% [stocks](/list/stocks) 8.23% [automotive brands](/list/automotive-brands) 5.7% [travel destinations](/list/travel-destinations) 4.43% [technology brands](/list/technology-brands) 3.16% [financial services](/list/financial-services) 0.63% [luxury brands](/list/luxury-brands) 0.63% [currencies](/list/currencies) 0.63% [formula 1](/list/formula-1) 0.63% **Social topic influence** [south africa](/topic/south-africa) #156, [business](/topic/business) #496, [strong](/topic/strong) #3533, [company](/topic/company) #669, [ceo](/topic/ceo) 10.13%, [in the](/topic/in-the) 9.49%, [more than](/topic/more-than) #441, [investment](/topic/investment) #445, [namibia](/topic/namibia) #515, [financial](/topic/financial) #1374 **Top accounts mentioned or mentioned by** [@thebrieflive](/creator/undefined) [@inemesitaffia](/creator/undefined) [@grok](/creator/undefined) [@thegeopol](/creator/undefined) [@realdudefromsa](/creator/undefined) [@ben10rs](/creator/undefined) [@summer_nova1](/creator/undefined) [@thehost44895138](/creator/undefined) [@khathukutama](/creator/undefined) [@cecil_x_lion](/creator/undefined) [@300bars](/creator/undefined) [@ushanks_udon](/creator/undefined) [@mbuso_siera](/creator/undefined) [@jeslllll](/creator/undefined) [@kgabungthabang](/creator/undefined) [@hlayi_b](/creator/undefined) [@omri_cassiem](/creator/undefined) [@pondochic](/creator/undefined) [@sirdavid_dashe](/creator/undefined) [@u_bhekani](/creator/undefined) **Top assets mentioned** [British American Tobacco (BTI)](/topic/british-american-tobacco) ### Top Social Posts Top posts by engagements in the last [--] hours "ITS RAINING PROFITS African Rainbow Capital (ARC) led by Patrice Motsepe has invested an additional R295-million in TymeBank and telecom company Rain. Rain known for its affordable mobile services reported R2.5-billion in earnings and saw a R598-million value gain. TymeBank now has [---] million customers and plans international expansion with strong growth in Vietnam and the Philippines. Profits for both companies are expected soon" [X Link](https://x.com/businessXplain/status/1835627589257331144) 2024-09-16T10:31Z 50.3K followers, 508.9K 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 17.7% of Barloworld's shares and its support is crucial for the buyout's success. The consortium including Saudi's Zahid Group needs 75% 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](https://x.com/businessXplain/status/1868893349546971271) 2024-12-17T05:37Z 50.2K followers, [----] engagements "SPAR SELLS HEAD OFFICE TO SURVIVE Spar is selling its Pinetown head office and other non-core assets to reduce its massive R9-billion debt. The group is also exploring leasing its fleet and selling some of its corporate stores. These steps follow a disastrous investment in Poland which cost Spar R185-million to sell its operations with an additional R2.7-billion needed to recapitalise the business. Spar secured a R2-billion bridge loan from South African lenders to address this debt. Meanwhile a failed SAP system implementation at its KwaZulu-Natal distribution centre resulted in a" [X Link](https://x.com/businessXplain/status/1879816613404512649) 2025-01-16T09:03Z 50.3K followers, 732.1K engagements "SOUTH AFRICA-CHINA TRADE JUMPS The economic relationship between South Africa and China has experienced remarkable growth. 1/ Bilateral trade reached an impressive $52.5-billion (R970-billion) in [----] making South Africa a key player in Chinas African trade strategy representing the highest percentage of China's trade with the Continent. 2/ According to Baker McKenzie in [----] China became South Africas largest trading partner with trade nearing $40-billion (R730-billion) - thanks to sectors like mining manufacturing and infrastructure driving growth. 3/ The farming sector has also benefited" [X Link](https://x.com/anyuser/status/1889179305889947857) 2025-02-11T05:07Z 50.3K followers, 278.7K engagements "ASPEN STOCK FALLS PIC BUYS MORE The Public Investment Corporation (PIC) Africas largest fund manager has increased its stake in Aspen Pharmacare to 20.15% 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 26% 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](https://x.com/businessXplain/status/1889931465149817058) 2025-02-13T06:55Z 50.3K followers, 15K 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 18% and opposes the bid. Independent advisers Rothschild & Co have deemed the offer fair and" [X Link](https://x.com/businessXplain/status/1890251655393730694) 2025-02-14T04:08Z 50.3K followers, [----] engagements "TAX INCREASES NOT THE ANSWER SARS SARS Commissioner Edward Kieswetter has raised serious concerns about the proposed tax hike suggesting it may not be the best approach. Instead he advocates for investing in SARS to help recover an estimated R800-billion in uncollected taxes. Kieswetter points out that the last VAT increase in [----] failed to significantly boost revenue. He believes modernising SARS will enhance tax collection broaden the tax base and improve compliance. The uncollected taxes include around R450-billion from theoretical modelling and over R300-billion from outstanding returns." [X Link](https://x.com/businessXplain/status/1892139813551407293) 2025-02-19T09:11Z 50.3K followers, 496.1K engagements "R3.6 BILLION PROFIT FOR REMGRO Remgro has reported a remarkable 38.7% 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 [---] cents while earnings per share (EPS) surged by an impressive 323.4% to [---] 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 [--] cents per share reflecting its robust financial health. Although the company" [X Link](https://x.com/businessXplain/status/1904455364445130835) 2025-03-25T08:48Z 50.2K followers, [----] engagements "ABSA RAISES MINIMUM WAGE Absa Bank has increased its minimum monthly pay to R20833 making it one of the leaders in fair wages among South African banks. This change highlighted in its annual report raises the annual minimum salary to R250000 reflecting an 8.7% increase. While competitors like Standard Bank set their minimum at R258000 Absa aims to ensure equitable pay across all regions. Acting CEO Charles Russon (pictured) salary reached R6.9-million but he did not receive a full bonus due to lower shareholder returns. Despite profit growth of 10% to R22.1-billion concerns remain about the" [X Link](https://x.com/anyuser/status/1907424375554371759) 2025-04-02T13:26Z 50.3K followers, 598.9K engagements "BEER SALES LOSE BUBBLE Heineken Beverages is battling a drop in sales in South Africa especially in beer and cider despite its [----] 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](https://x.com/businessXplain/status/1912802683498439147) 2025-04-17T09:37Z 50.2K followers, 75K engagements "DELIVERY KA SPEED HITS NEW GEAR Delivery Ka Speed a 100% Black-owned logistics company has expanded into the Western Cape. Founded by Godiragetse Mogajane in [----] the business is known for fast and flexible last-mile delivery especially in township and underserved areas. Now operating in Gauteng Limpopo and North West its Cape move is a major step in its national journey. The company offers Delivery-as-a-Service solutions to clients across e-commerce retail and manufacturing. With each delivery it connects people builds local economies and unlocks opportunity. More than just speed it's about" [X Link](https://x.com/businessXplain/status/1924837265261658395) 2025-05-20T14:39Z 50.3K followers, 50.7K engagements "WHY CEO HAS BEEN SUSPENDED Independent Development Trust (IDT) boss Tebogo Malaka has been suspended after a forensic probe exposed shocking irregularities in an R836-million oxygen plant deal. A company with no staff or offices is said to have landed a R428-million contract using forged documents and missing bid deadlines. No oxygen plants were delivered and the project ballooned from R216-million to R836-million. Read more to see what she is accused of https://tinyurl.com/2s4hmacd https://tinyurl.com/2s4hmacd" [X Link](https://x.com/businessXplain/status/1952704137512038616) 2025-08-05T12:12Z 50.3K followers, 734.5K 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 https://tinyurl.com/4e2yy8db https://twitter.com/i/web/status/1953094238134063338 https://tinyurl.com/4e2yy8db https://twitter.com/i/web/status/1953094238134063338" [X Link](https://x.com/businessXplain/status/1953094238134063338) 2025-08-06T14:02Z 50.3K followers, 116.5K 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 30% with an option to increase to 40% 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](https://x.com/businessXplain/status/1956322972341325892) 2025-08-15T11:51Z 50.2K followers, [----] engagements "QANTAS FINED FOR FIRING [----] STAFF Qantas Airways has been ordered to pay a record fine of $90-million (about R1.1 billion) for unlawfully firing [----] 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](https://x.com/businessXplain/status/1957839978597347715) 2025-08-19T16:20Z 50.3K followers, [----] engagements "KIDNAPPED BUSINESSMAN RESCUED A kidnapped businessman has been safely reunited with his family after a dramatic police operation. The SAPS Anti-Kidnapping Task Team rescued him in Alexandra shortly after midnight following a shootout in Kempton Park where the alleged mastermind known as Dollarman was killed. Dollarman was wanted in both South Africa and Mozambique for multiple ransom cases as well as other serious crimes. Police revealed that since [----] they have arrested over [---] kidnappers and seized [---] illegal firearms. Read more on this - https://tinyurl.com/ytsxkp99" [X Link](https://x.com/businessXplain/status/1964238138005471293) 2025-09-06T08:04Z 50.3K followers, 17.3K engagements "FIRSTRAND EARNINGS CLIMB 10% FirstRand has reported a 10% rise in annual earnings to R41.88-billion supported by strong performances across its domestic operations. Headline earnings reached [-----] cents per share with the group declaring a final dividend of [---] cents bringing the annual total to [---] cents - up 12% 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 [----] supported by rising deposits lending" [X Link](https://x.com/businessXplain/status/1966089587215970355) 2025-09-11T10:41Z 50.2K followers, 24.9K engagements "GAUTRAINS THIRTEENTH CLEAN AUDIT STREAK The Gautrain Management Agency (GMA) has achieved its thirteenth consecutive clean audit a milestone that highlights its commitment to financial discipline and transparency. Chairperson Professor Mfanelo Ntsobi (pictured) credited this success to responsible governance and the careful use of public resources. Alongside its financial achievement the agency delivered impressive service results with trains running at 99.51% availability and 97.57% punctuality. GMA also secured ISO certifications in quality environment and safety underscoring its drive for" [X Link](https://x.com/anyuser/status/1967890149770940561) 2025-09-16T09:55Z 50.3K followers, 207.3K engagements "RUPERT POURS BILLIONS BACK TO INVESTORS Remgro the investment group led by Johann Rupert has declared a special dividend of [---] 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 30% while headline earnings surged nearly 40%. Full story - Pictured - Johann Peter Rupert South African billionaire and chairman of Remgro https://shorturl.at/efVzo https://shorturl.at/efVzo" [X Link](https://x.com/businessXplain/status/1970511705751900195) 2025-09-23T15:32Z 50.2K followers, 29.6K 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 [----]. While Eskom has challenged Nersas licensing powers in court critics argue the utility resists competition. Full story - Pictured - Fani Titi Investec CEO https://shorturl.at/uyuBJ" [X Link](https://x.com/businessXplain/status/1971210698056258016) 2025-09-25T13:50Z 50.3K followers, 372.7K engagements "NEW R8BN AIRPORT TO CREATE [------] 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 [------] jobs and operate largely on renewable energy. Construction is slated to begin in [----] with the first flights by [----]. Full details -" [X Link](https://x.com/businessXplain/status/1978806086237897093) 2025-10-16T12:51Z 50.3K followers, 73.8K engagements "MABASO APPOINTED CEO AT GRINDROD One of South Africas leading logistics and freight company Grindrod has appointed Kwazi Mabaso as its new Chief Executive Officer. Mabaso who currently heads Grindrod Terminals succeeds Xolani Mbambo set to join Kumba Iron Ore as CFO. With over [--] years of experience in logistics mining and operations across Africa Mabaso has played a pivotal role in driving Grindrods operational efficiency and growth. He holds a Bachelor of Science in Engineering and a Postgraduate Diploma in Business Administration equipping him with a strong balance of technical and" [X Link](https://x.com/businessXplain/status/1979178038580347391) 2025-10-17T13:29Z 50.3K followers, [----] engagements "GLOBAL GIANT BETS ON SOUTH AFRICA Global investment giant BlackRock is betting big on South Africas rand-denominated bonds seeing them as a brighter alternative to US Treasuries weighed down by mounting debt. With yields near 9% and inflation expected to ease to 3% by [----] the bonds offer strong real returns and growing investor appeal. So far foreign investors have poured R90-billion into local bonds while the Rands strength has boosted overall performance. Analysts say South Africas improving power stability economic reforms and calmer politics could attract even more capital. Full story -" [X Link](https://x.com/businessXplain/status/1982731175689912452) 2025-10-27T08:48Z 50.3K followers, 431.2K engagements "FIRSTRAND BACKS DUBAI-BASED OPTASIA FirstRand has acquired a 20.1% stake in Optasia a Dubai-based fintech company valued at R17.2-billion and backed by South African investor Michael Jordaan. The deal announced alongside Optasias IPO on the JSE strengthens FirstRands reach in emerging markets and advances its goal of driving financial inclusion across Africa. Optasias AI-powered micro-financing tools serve millions of underbanked customers across [--] countries. Founded by Nigerian entrepreneur Bassim Haidar the company partners with telecom giants like Vodacom and MTN. For FirstRand the move" [X Link](https://x.com/businessXplain/status/1983052862067208608) 2025-10-28T06:07Z 50.2K followers, 54.7K engagements "PICK N PAY BOSS SLAMS GAMBLING ADS Pick n Pay CEO Sean Summers has called for a nationwide ban on online gambling advertising warning that unchecked betting is draining South Africas economy and hurting families. Speaking during the retailers annual results presentation Summers said gambling has siphoned around R70-billion from consumers in just one year diverting money away from essentials like food. He likened the problem to the tobacco crisis of the past urging authorities to act decisively. Regulators and advocacy groups have echoed his concerns pushing for stricter rules to protect young" [X Link](https://x.com/businessXplain/status/1983173658152677522) 2025-10-28T14:07Z 50.3K followers, 333.6K engagements "VODACOM AND MAKATE REACH A DEAL Vodacom has finally reached a confidential settlement with Kenneth Makate ending their two-decade-long legal battle over the Please Call Me invention. The telecom giant confirmed that both parties have agreed to withdraw all court actions marking the end of one of South Africas most publicised corporate disputes. While the settlement amount remains undisclosed Vodacom said it will be reflected in its interim results for the period ending September 2025" [X Link](https://x.com/anyuser/status/1986098161979437164) 2025-11-05T15:47Z 50.3K followers, 1.4M engagements "TFG BOSS WARNS OF GAMBLING CRISIS The Foschini Group CEO Anthony Thunstrm has warned that South Africas growing online gambling addiction poses a greater threat to the economy - and his business - than Chinese fashion giant Shein. Speaking after TFGs half-year results Thunstrm said gambling is draining consumer incomes leaving less money for retail. The group reported revenue growth of 12.2% to R31.4 billion but profits fell to R944-million due to weak demand and higher costs. Thunstrm called gambling a national crisis urging action as addiction undermines both families and the retail" [X Link](https://x.com/businessXplain/status/1987435490283282874) 2025-11-09T08:22Z 50.3K followers, 540.9K engagements "TFGS ONLINE SALES RISE BY 55% The Foschini Group (TFG) reported a sharp 55.3% rise in online sales which now make up nearly 15% of total turnover. This growth was fuelled by the Bash platform and the integration of UK brand White Stuff. While overall sales rose 12.7% to R29.2-billion profits were hit by heavy winter discounting and weaker consumer spending. Still analysts praised TFGs digital progress noting that mobile now accounts for most online sales. With stronger logistics and tech investment TFG is well-positioned for continued digital expansion marking a major shift from traditional" [X Link](https://x.com/businessXplain/status/1987918674322194575) 2025-11-10T16:22Z 50.3K followers, [----] engagements "CHECKERS STRUGGLES TO KEEP LOCAL DRIVERS Checkers Sixty60 has grown its team of South African riders but many are quitting twice as fast as their foreign counterparts. Shoprites delivery platform which now works with over [----] drivers through its logistics arm Pingo still relies heavily on migrant workers to meet its 60-minute delivery target. Locals often leave due to low take-home pay and safety risks on busy roads. Despite offering training insurance and fair wages retention remains a problem. Shoprite says its improving conditions and incentives to attract more South Africans to its" [X Link](https://x.com/businessXplain/status/1988265962496270789) 2025-11-11T15:22Z 50.3K followers, 1.3M engagements "NEW WEAPON TO FIGHT TENDER CORRUPTION The National Treasury has launched an online platform that allows the public to scrutinise government tenders in unprecedented detail. This new dashboard accessible to all citizens compiles data on contracts and payments across most national and provincial departments. The initiative aims to combat corruption by making spending patterns transparent enabling anyone to identify potential irregularities in tender/contract awards. In democratising access to this information the tool empowers ordinary South Africans to act as watchdogs. Consequently this move" [X Link](https://x.com/businessXplain/status/1988869942146474366) 2025-11-13T07:22Z 50.3K followers, 110.2K engagements "2M VW POLOS PRODUCED IN SOUTH AFRICA Volkswagen Group Africa has celebrated a major milestone with the production of the two millionth Polo at its Plant Kariega in South Africa. The smoky grey Polo destined for Australia rolled off the production line earlier this month. Since [----] the plant has produced four generations of the Polo with over [---] million units exported to more than [--] countries. The milestone highlights VWGA's contribution to the local automotive market and economy with Plant Kariega being the only Volkswagen plant exporting Polos to Europe and the Asia-Pacific regions. Full" [X Link](https://x.com/businessXplain/status/1991089064540541285) 2025-11-19T10:20Z 50.2K followers, 16.9K engagements "RAMAPHOSA OPENS PLATINUM MINE President Cyril Ramaphosa has opened Ivanhoe Mines massive Platreef project in Limpopo a brand-new platinum mine that took over [--] years to reach production. Starting now Phase [--] will soon deliver [------] ounces a year of platinum palladium rhodium and gold before jumping to [------] ounces in [----]. Canadian billionaire Robert Friedlands company owns [--] % and dreams of topping one million ounces long-term. With platinum prices up 71% this year and jobs desperately needed in a province where unemployment tops 45% Platreef brings hope fresh metal supply and a safer" [X Link](https://x.com/businessXplain/status/1991753418621251841) 2025-11-21T06:19Z 50.3K followers, 11.4K engagements "SA BANKS HAVE BEEN UPGRADED Good news for South Africas money giants as ratings agency Standard & Poors has upgraded the credit scores of major banks like FirstRand Absa Capitec Investec and Nedbank plus insurers Sanlam and Old Mutual. The boost follows the countrys own sovereign upgrade and reflects a brighter economy lower interest rates and smarter risk handling. S&P expects banks to earn a solid 16% return on equity next year while insurers stay rock-solid. With less worry about big debts and Eskoms troubles easing the financial sector looks healthier and ready for steady growth ahead." [X Link](https://x.com/businessXplain/status/1991760993341567310) 2025-11-21T06:50Z 50.2K followers, 24.5K engagements "BIDVEST DIRECTORS WILL NOT BE REIMBURSED Bidvest Group faced significant pushback from its shareholders who rejected a proposal to reimburse three directors for their trip to the Paris Olympics. At the Annual General Meeting on [--] December 59.7% of voting shareholders opposed the R1-million reimbursement. The decision was influenced by recommendations from Institutional Shareholder Services which highlighted concerns about excessive spending and director independence. The directors are chair Bonang Mohale lead director Renosi Mokate and non-executive director Sindi Mabaso-Koyana. Full story -" [X Link](https://x.com/businessXplain/status/1996056798596309214) 2025-12-03T03:20Z 50.3K followers, 56K engagements "FIRSTRAND REPORTS STRONG EARNINGS FirstRand says its first-half performance remains on track supported by improved economic conditions across South Africa the UK and most African markets. Lending growth is expected to strengthen in the second half as lower inflation and interest rates support households and businesses. Non-interest revenue is also rising driven by insurance markets activity and private equity gains. Credit performance remains strong with losses at the lower end of targets. While uncertainty persists around the UK motor finance probe led by the Financial Conduct Authority" [X Link](https://x.com/businessXplain/status/1996215343346569405) 2025-12-03T13:50Z 50.2K followers, [----] engagements "TOP [--] BUSINESS STORIES THIS WEEK 10/ THUNGELA SELLS MINE FOR R700M 09/ FIRSTRAND REPORTS STRONG EARNINGS 08/ DIS-CHEM FOUNDER STEPS BACK 07/ BIDVEST DIRECTORS NOT REIMBURSED 06/ PROFILE - PICK N PAY INCOMING CFO 05/ EXPLAINED - HOW ESKOM GOT IT RIGHT 04/ TRAXTION INVESTS R3.4BN IN SA RAIL 03/ SHEIN AND TEMU INVESTIGATED 02/ GOVERNMENT RETHINKS BEE MODEL 01/ PROFILE - NEW PwC SA CEO More business news - http://businessexplainer.zo.za https://tinyurl.com/2ttv9tem https://tinyurl.com/bdcva6nd https://tinyurl.com/56tvpduv https://tinyurl.com/hsfxfzx9 https://tinyurl.com/3f5r7eek" [X Link](https://x.com/businessXplain/status/1997518177786310829) 2025-12-07T04:07Z 50.2K followers, 10.3K engagements "VILAKAZI MADISA MOST POWERFUL WOMEN South Africa has claimed a proud moment on the global stage after Mary Vilakazi and Mpumi Madisa were named among Forbes [----] Worlds [---] Most Powerful Women. Ranked 74th and 89th the FirstRand and Bidvest CEOs reflect a new era of South African leadership defined by resilience skill and purpose. Vilakazis rise from Alexandra to leading the countrys largest financial services group tells a powerful story of discipline academic excellence and people-centred leadership. Similarly Madisas journey through the ranks of Bidvest culminating in her role as CEO" [X Link](https://x.com/businessXplain/status/2001224711854846360) 2025-12-17T09:35Z 50.2K followers, 29.3K engagements "M&A NEWSMAKER OF THE YEAR: Paul Hanratty (Sanlam Group Chief Executive Officer) He earns this title for masterminding a series of sophisticated Mergers & Acquisitions that have cemented Sanlam into a global financial powerhouse. In [----] Hanratty moved beyond traditional acquisitions to execute a landmark asset-swap with Ninety One transferring Sanlams active investment management business in exchange for a strategic 12.3% stake in the global asset manager. The transaction established a long-term partnership designed to leverage Ninety Ones global investment capabilities while enhancing" [X Link](https://x.com/businessXplain/status/2003807173613133886) 2025-12-24T12:37Z 50.3K followers, [----] engagements "INDUSTRY DISRUPTOR OF THE YEAR: Chinese Motor Vehicles (Collectively) In [----] Chinese automotive brands transitioned from market challengers to dominant industry forces rapidly capturing a 15% market share in South Africa. This structural shift was led by Chery and GWM which now consistently rank among the countrys top ten best-selling manufacturers with Cherys sales alone at times surpassing legacy brands such as Nissan and BMW. Their success has been driven (so to speak) by a value-first strategy - offering premium features advanced safety technology and ten-year warranties at price points" [X Link](https://x.com/businessXplain/status/2003807184828740033) 2025-12-24T12:37Z 50.3K followers, [----] engagements "BUSINESS DEAL OF THE YEAR: Maxime Saada (Canal+ Chair and CEO) Maxime Saada Chairman and CEO of Canal+ Group secures Deal of the Year for concluding the most watched corporate transaction of 2025: the approximately R55-billion mandatory takeover of MultiChoice Group. After nearly two years of strategic manoeuvring and intense regulatory scrutiny Saada successfully navigated South Africas complex broadcasting framework to acquire more than 94% of the company by October [----]. The transaction creates a global media heavyweight with a combined subscriber base of roughly [--] million across nearly" [X Link](https://x.com/businessXplain/status/2003807275568292059) 2025-12-24T12:37Z 50.2K followers, [----] engagements "THREE BUSINESS LEADERS TO WATCH IN [----] 1/ Mary Vilakazi (FirstRand CEO): After delivering a strong [----] performance with a 20.2% return on equity Vilakazi enters [----] as the primary champion of South Africas new growth phase. She has successfully navigated a challenging R5.7-billion UK regulatory provision while maintaining FirstRands status as a global quality stock. In [----] all eyes will be on her strategy to unlock corporate-led credit growth as business confidence turns the corner. Vilakazi ranked #74 on Forbes' World's [---] Most Powerful Women list for [----] is betting on a machinery" [X Link](https://x.com/businessXplain/status/2003807286595100739) 2025-12-24T12:37Z 50.2K followers, 10.4K engagements "FQM ANNOUNCES MAJOR INVESTMENT First Quantum Minerals (FQM) has reported a solid increase in copper production at its Kansanshi mine reaching [------] tonnes in Zambia This growth follows the successful launch of the new S3 circuit and an expansion that boosted efficiency. FQM plans to invest approximately US$275-million over the next three years on various projects including infrastructure improvements and sustainability initiatives aimed at reducing emissions. The company expects continued growth in [----] with analysts predicting stable copper prices due to ongoing supply disruptions" [X Link](https://x.com/businessXplain/status/2014338259908809036) 2026-01-22T14:04Z 50.3K followers, [----] engagements "CASH SALES RISE AT TRUWORTHS Truworths has reported a decrease in credit sales while cash purchases have slightly increased. Over the [--] weeks ending on December [--] retail sales remained stable at R12.5-billion highlighting the weak discretionary spending among consumers. Cash sales rose by 2.3% but credit sales fell by 2.7% indicating consumers are borrowing less due to high interest rates and rising living costs. Although there are signs of economic improvement many lower and middle-income households continue to feel financial pressure. Truworths is cautiously considering expanding credit" [X Link](https://x.com/businessXplain/status/2016092770503365112) 2026-01-27T10:15Z 50.2K followers, [----] engagements "CRIME ECONOMY OUTPACES ENFORCEMENT The South African Revenue Service (SARS) Commissioner Edward Kieswetter has issued a stark warning that South Africa is struggling to combat the criminal syndicates active in the illicit economy. The closure of British American Tobaccos Heidelberg factory highlights the scale of the problem with illegal cigarettes now dominating local sales. Authorities say illicit networks now operate across tobacco fuel gold and counterfeit goods forming a parallel economy that weakens tax collection and legal business. Fuel fraud and illegal mining have become major" [X Link](https://x.com/businessXplain/status/2016436837770723658) 2026-01-28T09:03Z 50.2K followers, [----] engagements "TOP [--] BUSINESS NEWS THIS WEEK 10/ STANLIB & AFRICA DATA CENTRES DEAL 09/ FIVE CHINESE CARS SET FOR SA 08/ CEO TO USE COMPANY JET PRIVATELY 07/ MAHACHI JOINS DANGOTE ZIMBABWE 06/ MTN CEO JOINS DANGOTE BOARD 05/ PROS & CONS OF A STRONG RAND 04/ SA ONLINE RETAIL BOOM BREAKS R130BN 03/ BONITAS DROPS MEDSCHEME 02/ WHITE ZIM FARMERS TURN TO TRUMP 01/ EXPLAINED - DATA ROLL-OVER AND SHARING More business news - http://businessexplainer.co.za https://2cm.es/1iSvj https://2cm.es/1nTcq https://2cm.es/1nTdk https://2cm.es/1iSv9 https://2cm.es/1nTcX https://2cm.es/1nTdg https://2cm.es/1iSuT" [X Link](https://x.com/businessXplain/status/2017842348500390407) 2026-02-01T06:08Z 50.2K followers, [----] engagements "Transnet has signed a strategic partnership with Port of Antwerp-Bruges International and the Antwerp/Flanders Port Training Centre to accelerate the modernisation of South Africas port system. The agreement focuses on operations infrastructure planning digital systems and environmental sustainability. It comes as congestion and delays continue to raise shipping costs and weaken export competitiveness. The partners will provide technical advice training and benchmarking to strengthen Transnets capacity. Cooperation will also extend to transport corridors and investment projects linked to" [X Link](https://x.com/businessXplain/status/2018354078087057581) 2026-02-02T16:01Z 50.3K followers, 11.4K engagements "Namibia has begun public consultations on a Bill to introduce Universal Health Coverage aimed at ensuring access to essential healthcare without financial hardship. The proposed law will create a legal and institutional framework for universal access and build on the UHC policy approved in [----]. It includes new financing mechanisms such as a National Health Equity Fund and a micro-contribution system to pool risks and improve sustainability. The government has also proposed levies to fund the scheme. About 85% of Namibians rely on public healthcare while only a small share is privately" [X Link](https://x.com/businessXplain/status/2018565362829205704) 2026-02-03T06:01Z 50.2K followers, [----] engagements "WeBuyCars founders Dirk and Faan van der Walt have sold about R866m worth of shares two years after listing the company on the JSE. They retain a combined stake of 5.81% and will remain in their executive roles signalling continued commitment to the business. The sale was aimed at diversifying personal wealth after strong share price gains. WeBuyCars is valued at about R19bn with its share price rising from R18.75 at listing to around R47. The company sells more than [-----] vehicles a month and is targeting [-----] by [----] supported by strong online traffic and growing market share. Full story -" [X Link](https://x.com/businessXplain/status/2018578018373894290) 2026-02-03T06:51Z 50.2K followers, 33.1K engagements "South Africas wine exports remained resilient despite weaker global demand and higher US tariffs. Export volumes fell by 13.8% to [---] million litres but value slipped only 2.4% to about R9.8bn showing a move away from bulk wine towards better-priced packaged products. Producers focused on protecting value in core markets while expanding into Africa and Asia. The UK stayed the largest market with volumes down but value rising. Canada and Sweden also recorded gains. New US tariffs cut shipments sharply speeding up diversification into emerging markets. Full story - https://ln.run/vzffg" [X Link](https://x.com/businessXplain/status/2018940141314654567) 2026-02-04T06:50Z 50.3K followers, [----] engagements "In addition to his primary role as Governor of theSouth African Reserve Bank(SARB) Lesetja Kganyago holds several key leadership positions across academic regional and international institutions. 1/ Chancellor ofStellenbosch University:He was inaugurated as the 16th Chancellor on [--] June [----]. In this ceremonial role he serves as the universitys titular head and ambassador presiding over official functions such as graduation ceremonies. 2/ Within the central bank he chairs the following essential committees: ➡ Monetary Policy Committee (MPC):Oversees interest rate decisions and inflation" [X Link](https://x.com/businessXplain/status/2018979864276091272) 2026-02-04T09:28Z 50.2K followers, 16.4K engagements "TymeBank has officially rebranded as GoTyme Bank marking a new phase in its growth as part of the global Tyme Group which serves [--] million customers worldwide. The change introduces a new GoTyme app with a cleaner design improved performance and stronger security. Customers do not need to open new accounts as all details and balances have already been migrated. The bank says the new brand reflects its digital-first strategy while keeping the same licence products and regulatory status. Full story - Pictured - CEO Cheslyn Jacobs https://ln.run/Rr-89 https://ln.run/Rr-89" [X Link](https://x.com/businessXplain/status/2019268496132304934) 2026-02-05T04:35Z 50.2K followers, 25.4K engagements "Namibia has refused to approve Phase II of the Lesotho Highlands Water Project citing concerns about reduced downstream flows in the OrangeSenqu River system. The government says it will only reconsider once South Africa commits to jointly developing the proposed NoordoewerVioolsdrift Dam as a mitigation measure. The delay has affected funding arrangements for the project which is meant to boost water transfers to South Africas cities and expand hydropower in Lesotho. The project would raise annual water supply from [---] million to [----] billion cubic metres. Full story - - @TheBriefLive" [X Link](https://x.com/businessXplain/status/2019276046026281088) 2026-02-05T05:05Z 50.3K followers, 35.4K engagements "The Department of Justice and Constitutional Development has invited the public to comment on draft regulations under the Cannabis for Private Purposes Act [----]. The proposed rules set upper limits for private possession and cultivation and outline procedures for expunging certain criminal records. Submissions must be made by [--] March [----] before the regulations are finalised and sent to Parliament for approval. Full story - Pictured - Minister of Justice and Constitutional Development Minister Mmamoloko Kubayi https://ln.run/og4WS https://ln.run/og4WS" [X Link](https://x.com/businessXplain/status/2019321344698011827) 2026-02-05T08:05Z 50.2K followers, [----] engagements "Pareto and Southern Suns Hospitality Property Fund have moved closer to completing a major Sandton property deal after the Competition Commission recommended approval. The transaction covers assets worth more than R2-billion including Sandton Sun & Towers Garden Court Sandton City the Sandton Convention Centre and a Virgin Active complex. Full story - Pictured - Pareto CEO Malose Kekana https://ln.run/roIU5 https://ln.run/roIU5" [X Link](https://x.com/businessXplain/status/2019359093153218750) 2026-02-05T10:35Z 50.2K followers, [----] engagements "HEINEKEN BACKS R2BN PROJECT Soufflet Malt has started building a R2-billion malt factory in Midvaal Gauteng in partnership with HEINEKEN Beverages. The plant next to HEINEKENs Sedibeng Brewery will produce about [------] tonnes of malt a year using barley sourced entirely from South African farmers. The project will create permanent jobs support hundreds of farmers and cut emissions by about 50% using advanced technology. Backed by agronomy training and IDC funding for emerging farmers the investment strengthens local agriculture reduces imports and builds a more sustainable brewing supply" [X Link](https://x.com/businessXplain/status/2019441217923072386) 2026-02-05T16:01Z 50.2K followers, [----] engagements "Minister of Mineral and Petroleum Resources Gwede Mantashe has warned that illegal mining is one of the most pressing challenges facing South Africas mining sector costing the economy billions of http://x.com/i/article/2019446794460012544 http://x.com/i/article/2019446794460012544" [X Link](https://x.com/businessXplain/status/2019480934567796822) 2026-02-05T18:39Z 50.3K followers, [----] engagements "HIGH EARNERS SINK INTO DEBT South Africas higher earners are increasingly among the countrys most financially stretched consumers despite easing inflation and interest rate cuts. According to DebtBusters latest Q4 [----] Debt Index rising living costs over the past decade have far outpaced income growth forcing record numbers of people to rely on high-interest loans. ZOOMING IN 1/ Consumers entering debt counselling now spend 71% of their take-home pay servicing debt with top earners using up to 85%. 2/ 96% of debt counselling applicants had a personal loan. 3/ 60% relied on one-month payday" [X Link](https://x.com/businessXplain/status/2019666594926833822) 2026-02-06T06:56Z 50.2K followers, 14.6K engagements "TOP [--] BUSINESS NEWS THIS WEEK 10/ BELGIAN COMPANIES TO SUPPORT TRANSNET 09/ CAPITEC TO ADD MORE ATM MACHINES 08/ MINIMUM WAGE TO INCREASE IN MARCH 07/ RAND WATER SOUNDS ALARM 06/ RISKS IDENTIFIED IN LESOTHO WATER PROJECT 05/ ESKOM RAISES PAY OFFER FOR WORKERS 04/ TYME BANK HAS REBRANDED 03/ GAUTENG SECURES R2BN PROJECT 02/ WE BUY CARS BROTHERS CASH IN R860M 01/ SA SECURES R175BN FUNDING PACKAGE More business news - http://businessexplainer.co.za https://h7.cl/1jm1Z https://h7.cl/1ooIH https://h7.cl/1jm2t https://h7.cl/1ooIY https://h7.cl/1jl-x https://h7.cl/1ooJj https://h7.cl/1jl-W" [X Link](https://x.com/businessXplain/status/2020498964672344339) 2026-02-08T14:04Z 50.3K followers, [----] engagements "CREATING FUTURE JOBS South Africas renewable energy sector is becoming a major source of youth employment with research projecting up to [------] jobs by [----]. Solar energy alone could create about [------] roles across technical and business fields. To achieve this the industry needs engineers finance specialists legal professionals and project managers to deliver large-scale energy projects. Companies are also expanding graduate and vocational programmes to help young people gain practical skills. These projects also support long-term community development creating jobs and training" [X Link](https://x.com/businessXplain/status/2020770770348277936) 2026-02-09T08:04Z 50.3K followers, [----] engagements "ONLINE GAMBLING HITS GROCERY SALES The rapid growth of online gambling in South Africa is beginning to affect everyday household spending particularly on groceries. Research shows many consumers are redirecting money meant for essentials towards betting platforms driven mainly by the hope of winning cash. Data suggest players often lose more than they win placing further pressure on household finances. A CLOSER LOOK 1/ South Africas online gambling market doubled in size between [----] and [----]. 2/ South Africans spend an average of R2000R3500 per month on betting platforms. 3/ Among young" [X Link](https://x.com/businessXplain/status/2021111925308789200) 2026-02-10T06:40Z 50.2K followers, [----] engagements "AFAP NAMES CEO TO DRIVE GROWTH The African Fertilizer and Agribusiness Partnership has appointed James Mutonyi as its new CEO. With more than [--] years of experience in agricultural development Mutonyi has worked with governments and international agencies to improve food systems and support smallholder farmers. Full story - https://ln.run/uqG3h https://ln.run/uqG3h" [X Link](https://x.com/businessXplain/status/2021124427564429397) 2026-02-10T07:29Z 50.2K followers, [----] engagements "GOVERNMENT PAYROLL INCREASES Namibias public service workforce grew to [------] employees by the end of [----] according to Prime Minister Dr Tjitunga Elijah Ngurare (pictured). The expansion comes as the public service already costs the state about N$35.4-billion annually reviving debate over the long-term sustainability of Namibias government wage bill. Full story - - @TheBriefLive https://ln.run/B00xa https://ln.run/B00xa" [X Link](https://x.com/businessXplain/status/2021141473555616050) 2026-02-10T08:37Z 50.2K followers, [----] engagements "CHECKERS CLAIMS TOP SPOT Checkers has reclaimed the top position in South Africas Q4 [----] brand rankings according to KLA and YouGovs latest Quarterly Buzz report. The study tracks consumer sentiment across more than [---] brands and shows strong gains for grocery and retail companies. Takealot ranked second while Woolworths and Shoprite also improved their positions. MTN returned to the top [--] after broad performance gains. Full report - Pictured - Pieter Engelbrecht CEO of Shoprite Holdings https://ln.run/IglJ4 https://ln.run/IglJ4" [X Link](https://x.com/businessXplain/status/2021155611698716981) 2026-02-10T09:33Z 50.2K followers, [----] engagements "BASF has created a new legal entity focused entirely on agriculture as part of a restructuring aimed at accelerating growth and innovation. The company plans to complete legal preparations by the end of [----] and pursue an initial public offering in [----]. Executives say the move will improve integration across seeds crop protection and digital farming while strengthening support for farmers. Members of the BASF global and regional executive: - Gustavo Palerosi-Cemeiro Senior Vice President Agricultural Solutions EMEA - Dr Murat Ayaz Vice President Agricultural Solutions EMEA South - David Leio" [X Link](https://x.com/businessXplain/status/2021164166883520547) 2026-02-10T10:07Z 50.3K followers, [----] engagements "UNPACKING THE NEW VW T-ROC Volkswagen will launch the second-generation T-Roc in South Africa in the second half of [----] strengthening its compact SUV line-up. A closer look - https://ln.run/qQoGq https://ln.run/qQoGq" [X Link](https://x.com/businessXplain/status/2021212807874630125) 2026-02-10T13:21Z 50.2K followers, [----] engagements "R420M FOR PREMIUM OFFICES Developers are investing heavily in Cape Towns office market as demand for premium workspace strengthens. Abland Property Developers has started construction on Canal Plaza a new P-grade office complex in Century City in partnership with GIMCO the Moolman Group and Blue Dawn Capital. Limited prime space and strong tenant demand are driving renewed confidence in Cape Towns commercial property sector. Full story - https://ln.run/DR7m4 https://ln.run/DR7m4" [X Link](https://x.com/businessXplain/status/2021254583041896761) 2026-02-10T16:07Z 50.2K followers, [----] engagements "Pepkor chief executive Pieter Erasmus has sold shares worth R531-million through an associated investment vehicle Vista Treasury as part of a portfolio rebalancing. The sale involved [--] million shares traded over three days in early February. Despite the disposal Vista retains an indirect holding of [--] million Pepkor shares valued at about R1.05-billion. The shares originate from complex transactions linked to the [----] Steinhoff settlement. Full story https://ln.run/5Dsp4 PEPKOR CEO IN R300M TAX SHOWDOWN Pepkor CEO Pieter Erasmus is heading to the Supreme Court of Appeal to defend himself" [X Link](https://x.com/businessXplain/status/2021282356007739575) 2026-02-10T17:57Z 50.2K followers, 40.5K engagements "WOMEN STRESS MORE ABOUT MONEY A new JustMoney survey shows a clear gender gap in financial wellbeing with 42% of women reporting financial stress compared with 34% of men. Women are more likely to prioritise essentials and shop for discounts often reflecting lower average incomes and higher financial pressure. The research highlights how money differences can affect relationships urging couples to have open conversations about budgeting debt and long-term goals. Full research - https://ln.run/zQOGX https://ln.run/zQOGX" [X Link](https://x.com/businessXplain/status/2021287802269258106) 2026-02-10T18:19Z 50.2K followers, [----] engagements "NEW HIGH-END PRADO ARRIVES Toyota South Africa has introduced a new high-end VX-L grade to its Land Cruiser Prado line-up expanding the model range to three variants and targeting buyers seeking more comfort and refinement. The VX-L is designed mainly for urban driving while retaining the Prados off-road capability. Prices range from just over R1.3-million to R1.5-million. More details - https://ln.run/Llz46 https://ln.run/Llz46" [X Link](https://x.com/businessXplain/status/2021302901377757360) 2026-02-10T19:19Z 50.2K followers, [----] engagements "Coronation Fund Managers has appointed long-serving executive Aimee Rhoda as its new CFO filling the vacancy through an internal promotion that reinforces the asset managers emphasis on continuity and employee ownership. The company which oversees R800-billion in assets under management confirmed that Rhoda assumed the role with immediate effect following the departure of former CFO Mary-Anne Musekiwa. Rhoda a chartered accountant who joined Coronation in [----] has held senior positions spanning finance tax and remuneration. Full profile - https://ln.run/2Z8yD TOP FEMALE EXECUTIVE BIDS" [X Link](https://x.com/businessXplain/status/2021454399621472587) 2026-02-11T05:21Z 50.3K followers, [----] engagements "SPOTIFY PROFITS TRIPLE Spotify reported strong quarterly results as profits tripled and user growth reached record levels. The streaming company expanded to [---] million monthly active users in the final quarter adding [--] million users while paying subscribers increased to [---] million. Net income rose to 1.17-billion supported by higher subscription prices and steady demand. Revenue climbed 7% to 4.5-billion and shares rose about 15% after the announcement. Despite recent global price increases subscriber growth remained resilient. The quarter was the first under Spotifys new co-chief" [X Link](https://x.com/businessXplain/status/2021467471673184303) 2026-02-11T06:12Z 50.2K followers, [----] engagements "LULA SCORES R340M FUNDING South African fintech company Lula has raised R340-million in new funding from Dutch development bank FMO to expand its digital lending platform for small businesses. The capital will help the company scale its lending services and extend working capital to micro small and medium enterprises that often struggle to access traditional bank finance. Founded in [----] Lula uses automated technology and artificial intelligence to assess credit and manage cash flow. The funding follows a previous R570-million round in [----]. Full story - Pictured - Trevor Gosling and Neil" [X Link](https://x.com/businessXplain/status/2021487700516262366) 2026-02-11T07:33Z 50.3K followers, 10.8K engagements "NERSA APPROVES ELECTRICITY PRICE HIKE South Africas energy regulator has approved new electricity tariff increases that will raise consumer power bills over the next two years. NERSA authorised an 8.76% price increase from April this year followed by a further 8.83% rise in April [----] after recalculating Eskoms allowed revenue under a court-ordered review. NERSA said the phased approach aims to support Eskoms financial stability while limiting sudden shocks for customers. No retrospective tariff adjustments will be applied for the current financial year. Full story - https://ln.run/y_wRZ" [X Link](https://x.com/businessXplain/status/2021500156026261662) 2026-02-11T08:22Z 50.3K followers, 73.1K engagements "ABSA APPOINTS M-PESA EXECUTIVE Absa has appointed M-Pesa executive Sitoyo Lopokoiyit to head its personal and private banking division as it accelerates digital transformation and Pan-African growth. Approved by the South African Reserve Bank he joins from Safaricom where he helped expand M-Pesa into a platform serving over [--] million users and processing about $1-billion daily. His fintech experience supports Absas push to modernise retail banking. The appointment forms part of a broader leadership overhaul under chief executive Kenny Fihla whose strategy focuses on operational efficiency" [X Link](https://x.com/businessXplain/status/2021507203450966234) 2026-02-11T08:50Z 50.3K followers, 13.8K engagements "ANGLO AMERICAN BETS R600M IN SA Anglo American will be investing R600-million to South Africas Junior Mining Exploration Fund to revive early-stage mineral exploration and support smaller mining companies. Announced at the Mining Indaba in Cape Town the funding builds on an initial R400-million from government partners. The fund provides convertible grants to junior miners exploring key minerals such as copper and lithium. Full details - Pictured - Duncan Graham Wanblad Anglo American CEO https://ln.run/2uKOw https://ln.run/2uKOw" [X Link](https://x.com/businessXplain/status/2021527675802681540) 2026-02-11T10:12Z 50.3K followers, 15.9K engagements "FERRARI BUILDS FIRST ELECTRIC SUPERCAR Ferrari is preparing to launch its first fully electric car marking a major shift for the luxury sports car maker as it expands into the EV market. The model named Luce will be officially unveiled in May and is being developed entirely in-house including its battery and electric drivetrain. Ferrari says the vehicle is designed to deliver a distinct driving experience while staying true to the brands performance identity. Full details - https://ln.run/W9_CY https://ln.run/W9_CY" [X Link](https://x.com/businessXplain/status/2021593608256684119) 2026-02-11T14:34Z 50.2K followers, [----] engagements "NO FUNDS TO COVER THE ELECTIONS South Africas public broadcaster SABC has warned it may struggle to deliver full coverage of the upcoming local government elections after National Treasury rejected a request for R120-million in additional funding. The SABC told Parliament it lacks the resources to provide nationwide reporting voter education and regulated airtime for hundreds of political parties. Full story - Pictured - Nomsa Chabeli SABC Group CEO https://ln.run/cswZr https://ln.run/cswZr" [X Link](https://x.com/businessXplain/status/2021633540807410022) 2026-02-11T17:12Z 50.3K followers, 80.9K engagements "RAND STRENGTH HITS BOTSWANA Botswanas pula has weakened against the South African Rand raising concerns about pressure in the foreign exchange market. Bank of Botswana data show the currency fell by a per cent in the fourth quarter ending the year at ZAR1.29 to BWP1.00. Because Botswana relies heavily on imports from South Africa Rand fluctuations directly affect domestic prices. Full story - https://ln.run/MkisE https://ln.run/MkisE" [X Link](https://x.com/businessXplain/status/2021653672304775284) 2026-02-11T18:32Z 50.2K followers, 45.2K engagements "USERS CAN DELETE PERSONAL INFO FROM GOOGLE Google has expanded its Search privacy tools to help users remove more types of sensitive personal information strengthening protections against identity theft and online abuse. Google has also simplified the process for removing non-consensual explicit images allowing multiple reports through one dashboard. Full story - https://ln.run/nzAGS https://ln.run/nzAGS" [X Link](https://x.com/businessXplain/status/2021662583808266257) 2026-02-11T19:08Z 50.2K followers, [----] engagements "ZIMBABWE A STEP CLOSER TO IMF FINANCING Zimbabwe has reached a staff-level agreement with the International Monetary Fund (IMF) on a Staff Monitored Programme aimed at stabilising the economy and advancing debt resolution. The country carries US$13.6-billion in external debt including US$7.4-billion in arrears which has blocked access to new multilateral funding. The 10-month programme will track reforms in fiscal policy monetary management and governance to build credibility with creditors. The IMF expects Zimbabwe's economic growth to reach 5% in [----]. Full story - Pictured - Prof. Mthuli" [X Link](https://x.com/businessXplain/status/2021821189589467374) 2026-02-12T05:38Z 50.2K followers, [----] engagements "CEO RETIRES AFTER [--] YEARS Sean Walsh has retired as CE of KAL Group after nearly [--] years while continuing to serve as Chairperson of Agbiz until its June congress. Appointed in [----] Walsh oversaw a period of expansion and transformation at KAL and built a career spanning operations logistics manufacturing and agribusiness leadership. He has also played a key role at Agbiz for more than a decade. Agbiz CE Theo Boshoff praised Walshs contribution to the organisation and the sector saying his leadership helped shape its strategy. Agbiz said further leadership updates will follow after its" [X Link](https://x.com/businessXplain/status/2021833273870069781) 2026-02-12T06:26Z 50.2K followers, [----] engagements "ABIATAL APPOINTED AS CEO The Public Accountants and Auditors Board of Namibia (PAAB) has appointed Olivia Abiatal a chartered accountant as its new CEO. Abiatal will lead the regulator and manage its day-to-day operations ensuring compliance with national laws and international accounting and auditing standards. The appointment supports PAABs mission to strengthen oversight of the profession and protect the public interest. Full details - - @TheBriefLive https://ln.run/lZwPI https://ln.run/lZwPI" [X Link](https://x.com/businessXplain/status/2021872271694991360) 2026-02-12T09:01Z 50.2K followers, [----] engagements "295000 YOUTH JOBS CREATED The Presidential Youth Employment Intervention (PYEI) says it has delivered almost [------] earning opportunities for young South Africans in the third quarter of the 2025/26 financial year from October to December [----]. Deputy Minister in the Presidency Nonceba Mhlauli (pictured) announced the results noting that the jobs included over [-----] work experience placements through partnerships with universities colleges and private firms plus more than [----] enterprise support initiatives via the National Youth Development Agency to promote youth entrepreneurship. More" [X Link](https://x.com/businessXplain/status/2021932550810194367) 2026-02-12T13:01Z 50.2K followers, [----] engagements "MERCEDES-BENZ PROFITS DROP BY HALF Mercedes-Benz Group reported a sharp fall in profitability for [----] with net profit declining to 49% lower than the previous year. This marked the lowest annual profit since the Covid-19 period driven by US tariff costs fierce competition in China and unfavourable currency movements. Full results - Pictured - Ola Kllenius Mercedes-Benz CEO https://ln.run/6BO6T https://ln.run/6BO6T" [X Link](https://x.com/businessXplain/status/2022190005674799492) 2026-02-13T06:04Z 50.2K followers, [----] engagements "BREWER EYES WORLD CUP FOR PROFITS Anheuser-Busch InBev delivered stronger-than-expected fourth-quarter results for [----] with underlying earnings per share rising 7.5% to $0.95 beating analyst predictions of $0.92. The company invested $7.4-billion in marketing gaining or holding share in most markets. It expects major [----] events (the Super Bowl Winter Olympics and FIFA World Cup) to drive strong category growth and help it outperform rivals. Full results - Pictured - Michel Doukeris AB InBev CEO https://ln.run/h219d https://ln.run/h219d" [X Link](https://x.com/businessXplain/status/2022219087414218825) 2026-02-13T07:59Z 50.3K followers, [----] engagements "HOW NAMIBIA IS TACKLING WATER SECURITY Namibia is stepping up its fight against drought and climate change by investing in groundwater desalination water reuse and advanced early-warning systems. Minister of Agriculture Water Fisheries and Land Reform Inge Zaamwani (pictured) announced these measures during the signing of a headquarters agreement with the Global Water Partnership Organisation (GWPO) which will establish its Secretariat in Windhoek. ZOOMING IN 1/ South Africa is a net exporter of water to Namibia with exports valued at approximately ZAR13.9 million in November [----] alone. 2/" [X Link](https://x.com/businessXplain/status/2022245759815438558) 2026-02-13T09:45Z 50.2K followers, [----] engagements "FAKE BOOZE ECONOMIC DANGERS South African Breweries has raised concerns over excise tax increases above inflation which are driving growth in the illicit and fake alcohol market causing major losses for the government and legitimate producers. The company part of Anheuser-Busch InBev accepts taxes aim to reduce alcohol harm but says excessive hikes widen the price gap pushing consumers toward untaxed illegal products sold at half the price. The fake alcohol market grew 55% in volume from [----] to [----] reaching R25.1-billion with the treasury losing R16.5-billion in taxes last year. Nearly one" [X Link](https://x.com/businessXplain/status/2022250151453102423) 2026-02-13T10:03Z 50.3K followers, [----] engagements "CELL C REPORTS STRONG RESULTS Cell C reported its first interim results as a Johannesburg Stock Exchange-listed company with revenue rising 1.8% to R5.68-billion for the six months to November [----]. Operating profit jumped sharply to R3.93-billion from R546.2-million in the prior period driven by Prepaid recovery and restructuring benefits. Full story - Pictured - Jorge Mendes Cell C CEO https://ln.run/Iu1_g https://ln.run/Iu1_g" [X Link](https://x.com/businessXplain/status/2022294946246529114) 2026-02-13T13:01Z 50.3K followers, [----] engagements "President Cyril Ramaphosa delivered his 10th State of the Nation Address (SONA) on Thursday [--] February [----]. This was his second SONA delivered under the Government of National Unity (GNU). Below is http://x.com/i/article/2022385189557805056 http://x.com/i/article/2022385189557805056" [X Link](https://x.com/businessXplain/status/2022396539537379544) 2026-02-13T19:44Z 50.2K followers, [----] engagements "TOP [--] BUSINESS NEWS THIS WEEK 10/ NERSA APPROVES ELECTRICITY PRICE HIKE 09/ CELL C REPORTS STRONG RESULTS 08/ ONLINE GAMBLING HITS GROCERY SALES 07/ RAND STRENGTH HITS BOTSWANA 06/ WHY HEINEKEN IS CUTTING [----] JOBS 05/ HULETT ON BRINK OF COLLAPSE 04/ BANKS UNDER FIRE OVER LOANS 03/ NO FUNDS TO COVER THE ELECTIONS 02/ BYD OVERTAKES FORD IN SALES 01/ TSHEPO MAHLOELE BUYS FLYSAFAIR More business news - http://businessexplainer.co.za https://2cm.es/1jPSq https://2cm.es/1oTyQ https://2cm.es/1oTxI https://2cm.es/1jPT2 https://2cm.es/1oTyI https://2cm.es/1oTyq https://2cm.es/1oTxU" [X Link](https://x.com/businessXplain/status/2022883818424930737) 2026-02-15T04:01Z 50.3K followers, [----] engagements "ON ILLEGAL MINING President Cyril Ramaphosa said "Children here in the Western Cape are caught in the crossfire of gang wars. People are chased out of their homes by illegal miners in Kagiso in Gauteng. To strengthen our fight against gang violence I am deploying the South African National Defence Force to support the police as we did to great effect with illegal mining. I have directed the Minister of Police and the SANDF to develop a tactical plan on where our security forces should be deployed within the next few days in the Western Cape and Gauteng to deal with gang violence and illegal" [X Link](https://x.com/businessXplain/status/2022931493262147905) 2026-02-15T07:10Z 50.3K followers, [----] engagements "ON GUN CRIME President Cyril Ramaphosa said "We are implementing an integrated strategy to address the root causes of crime through coordinated interventions across society We are going to tackle gun crime by streamlining legislation and regulations on licencing possessing and trading in firearms and ammunition. We will increase enforcement of existing gun laws." https://ln.run/HWXGg KIDNAPPED BUSINESSMAN RESCUED A kidnapped businessman has been safely reunited with his family after a dramatic police operation. The SAPS Anti-Kidnapping Task Team rescued him in Alexandra shortly after midnight" [X Link](https://x.com/businessXplain/status/2022962839321985322) 2026-02-15T09:15Z 50.3K followers, [----] engagements "CHINA ANNOUNCES NEW NAMIBIA GRANT China has announced a new grant for Namibia to fund jointly agreed development projects reinforcing long-standing ties between the two countries. The announcement was made by Chinas Ambassador to Namibia Zhao Weiping during the handover of a Satellite Ground Data Receiving Station. He said China remains committed to supporting Namibias socio-economic goals and plans to roll out additional assistance projects this year. Full story - - @TheBriefLive https://ln.run/7pJYm https://ln.run/7pJYm" [X Link](https://x.com/businessXplain/status/2022977435088896076) 2026-02-15T10:13Z 50.3K followers, [----] engagements "ON THE ILLICIT ECONOMY President Cyril Ramaphosa said "We are addressing the threat posed by the infiltration of illegal and counterfeit goods to South African jobs and industry. We are establishing a national illicit economy disruption programme that brings together key state agencies and other stakeholders including the private sector. Through effective use of data analytics and AI we will be targeting high-risk sectors like tobacco fuel alcohol and other counterfeit products." https://ln.run/HWXGg FAKE BOOZE ECONOMIC DANGERS South African Breweries has raised concerns over excise tax" [X Link](https://x.com/businessXplain/status/2022992786253812188) 2026-02-15T11:14Z 50.3K followers, [----] engagements "VODACOM NAMES NEW EXECUTIVE Vodacom has appointed Kgabo Seopa as Managing Executive: Products & Solutions for Vodacom Business South Africa. He brings more than [--] years of experience in technology and telecommunications having held senior roles at companies including Huawei HPE Aruba Networks Cisco Nokia SITA and Internet Solutions. Full profile - https://ln.run/HzaYm https://ln.run/HzaYm" [X Link](https://x.com/businessXplain/status/2023007382402707809) 2026-02-15T12:12Z 50.3K followers, [----] engagements "ON TENDERS AND PROCUREMENT President Cyril Ramaphosa said "The majority of incidents of corruption originate in the procurement system. We cannot allow this cancer to continue and we must therefore act. Measures will include the use of technology and the finalisation of new Public Procurement Act regulations by mid-2026. Let this message be clear: there will be no impunity for acts of corruption and criminality." https://ln.run/HWXGg NEW WEAPON TO FIGHT TENDER CORRUPTION The National Treasury has launched an online platform that allows the public to scrutinise government tenders in" [X Link](https://x.com/businessXplain/status/2023023237693685930) 2026-02-15T13:15Z 50.3K followers, [----] engagements "ON RAIL & PORT PARTNERSHIPS President Cyril Ramaphosa said "We have begun to turn around the performance of our rail system and ports so that our businesses can get their products to global markets. We have now enabled private rail operators to access our network which will allow different rail companies to compete and move volumes from road to rail. Later this year we will initiate major public-private partnerships in our port terminals and rail corridors through a concession model that preserves public ownership while mobilising private investment and expertise." https://ln.run/HWXGg" [X Link](https://x.com/businessXplain/status/2023083131620974955) 2026-02-15T17:13Z 50.3K followers, [----] engagements "SA MONEY FLOWS TO MAURITIUS South Africans are increasingly building wealth beyond local borders with Mauritius emerging as a leading offshore property destination. South Africans are now the second-largest group of foreign buyers on the island. Full story - https://ln.run/v1SOS https://ln.run/v1SOS" [X Link](https://x.com/anyuser/status/2023098986232512585) 2026-02-15T18:16Z 50.3K followers, [----] engagements "ON MANUFACTURING President Cyril Ramaphosa said "We have a diverse economy high-quality manufacturing facilities and strong regulatory frameworks. We are strengthening our capacity for trade negotiations and expanding our missions abroad to drive economic diplomacy. Amid the turmoil in the global economy we are supporting our established industries in the face of strong headwinds. We have moved to revive our ferrochrome industry and to protect jobs in our steel automotive and other sectors which employ hundreds of thousands of South Africans in good quality jobs. We are working with" [X Link](https://x.com/anyuser/status/2023110060558467346) 2026-02-15T19:00Z 50.3K followers, [----] engagements "ON AGRICULTURAL EXPORTS President Cyril Ramaphosa said "We are opening new markets for our exports from citrus and avocados to maize livestock grapes and wine. Through the Blended Finance Scheme working with the Land Bank and commercial banks we have provided R7.8-billion in innovative funding to Black producers. We will deploy [-----] new extension officers to support farmers and improve agricultural productivity. This will give rise to many opportunities for young people to be employed in the agricultural sector. https://ln.run/HWXGg South Africas wine exports remained resilient despite" [X Link](https://x.com/businessXplain/status/2023232364982517889) 2026-02-16T03:06Z 50.3K followers, [----] engagements "ON BEE FRAMEWORK President Cyril Ramaphosa said "The transformation of our economy is necessary to drive sustained growth reduce inequality and correct the injustices of the past. We are undertaking a review to refine realign and strengthen our Broad-Based Black Economic Empowerment framework to ensure that it supports greater transformation and inclusive growth. All of these actions will create a stronger economy and fix the foundations that were broken." https://ln.run/HWXGg GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a" [X Link](https://x.com/businessXplain/status/2023264073639412055) 2026-02-16T05:12Z 50.3K followers, [----] engagements "ON LIMITING ALCOHOL ADS President Cyril Ramaphosa said "Excessive alcohol consumption can affect a childs development during pregnancy and alcohol abuse leads to violence road accidents and crime. To address this scourge we call on provincial governments to strengthen the regulation of alcohol by limiting the density of liquor outlets restricting trading hours and ending the sale of alcohol in large containers. As national government we have proposed measures to curb excessive alcohol use including minimum unit pricing or higher excise duties and greater restrictions on alcohol advertising" [X Link](https://x.com/businessXplain/status/2023294776058269987) 2026-02-16T07:14Z 50.3K followers, [----] engagements "THIS WEEK'S BUSINESS EVENTS Stay informed. Stay ahead. https://ln.run/OYcao https://ln.run/OYcao" [X Link](https://x.com/businessXplain/status/2023307939180610035) 2026-02-16T08:06Z 50.3K followers, [----] engagements "FLYSAFAIR'S FUTRUE - WHAT YOU NEED TO KNOW FlySafair is in a legal battle with South Africa's aviation licensing authority over foreign ownership laws. The airlines Irish owner ASL Aviation increased its stake in Safair Investment Trust breaching regulations requiring 75% of voting rights to be held by South African citizens. FlySafair argues that trustees are South African residents but the authority insists that only natural persons can hold voting rights. This ruling could set a dangerous precedent potentially affecting 87% of domestic seat capacity. IASC Investigation - The International" [X Link](https://x.com/businessXplain/status/1879466556062634314) 2025-01-15T09:52Z 50.3K followers, 311.8K engagements "RAND WATER SOUNDS ALARM Gautengs three metros are using far more water than agreed with Rand Water. Combined daily consumption has climbed to about [--] [---] million litres up from last year and well above the [--] [---] million litre limit. Johannesburg is the biggest user at roughly [--] [---] million litres a day far beyond its target and at the highest level in a year. Ekurhulenis demand has risen week on week to around [--] [---] million litres close to but above its guideline. Tshwane has also surged to about [---] million litres exceeding its allocation and reversing brief reductions achieved in mid-2025." [X Link](https://x.com/businessXplain/status/2018414368006803515) 2026-02-02T20:01Z 50.3K followers, 281.9K engagements "BANKS UNDER FIRE OVER LOANS South African banks are facing possible regulatory scrutiny over how they lend to small businesses owned by historically disadvantaged groups. Bowmans a corporate law firm has warned that the Competition Commission may launch a market inquiry into whether lending practices create barriers for small and medium enterprises. Lawmakers have previously questioned banks on access to finance and economic inclusion. Full story - Pictured - Doris Tshepe Competition Commission Commissioner https://ln.run/poS2M https://ln.run/poS2M" [X Link](https://x.com/businessXplain/status/2021845914155900953) 2026-02-12T07:16Z 50.3K followers, 36K engagements "TRUMP PROMOTES COAL-GENERATED ELECTRICITY President Donald Trump has signed an executive order requiring the Pentagon to buy electricity from coal-fired power plants through long-term contracts. The decision aims to support the struggling coal industry and preserve coal energy assets for strategic reasons. At a White House event Trump praised coal workers and announced $175-million from the Department of Energy to upgrade six coal plants in five states. Full story - https://ln.run/0ThG9 https://ln.run/0ThG9" [X Link](https://x.com/businessXplain/status/2021862400627024360) 2026-02-12T08:22Z 50.3K followers, [----] engagements "LEADERSHIP SHAKE-UP AT VW AFRICA Volkswagen Group Africa has appointed Ryan Blumrick as Head of Volkswagen Commercial Vehicles. Blumrick brings nearly [--] years of experience within the Volkswagen Group having worked in South Africa China and Japan. He previously held senior sales and marketing roles at Audi South Africa led regional strategy at SAIC Volkswagen in Shanghai and most recently served as Marketing Director for Audi Japan. The company says his global exposure will help strengthen the commercial vehicles brand in Africa. Full story - https://ln.run/WzHgH https://ln.run/WzHgH" [X Link](https://x.com/businessXplain/status/2022947487670038772) 2026-02-15T08:14Z 50.3K followers, [----] engagements "BOTSWANA TARGETS TOP EARNERS Botswanas Finance Ministry is preparing to introduce a new top personal income tax band that would raise the marginal rate from 25% to 27.5% for individuals earning P33333 per month and above. The proposal is expected to be tabled in Parliament alongside planned increases in corporate tax and adjustments affecting firms operating in the International Financial Services Centre. Full story - Pictured - Ndaba Gaolathe Minister of Finance and Vice President of Botswana https://ln.run/ny10b https://ln.run/ny10b" [X Link](https://x.com/businessXplain/status/2023038084728644023) 2026-02-15T14:14Z 50.3K followers, [----] engagements "MINIMUM PAY Investec has set minimum pay for its SA employees at R21000 a month becoming the latest company in the financial services sector to disclose its minimum pay" [X Link](https://x.com/businessXplain/status/1807664925814219112) 2024-07-01T06:37Z 50.3K followers, 578.8K engagements "MERCEDES' PROFITS HIT THE BRAKES Mercedes-Benz reported a significant drop in profits for the third quarter falling over 50% to R33-billion down from R55-billion last year. Sales also declined by 7% to R522-billion with vehicle deliveries dropping 3% and luxury car sales down 12% globally. The company attributed these poor results to a tough market and intense competition in China a key market for them. More: https://tinyurl.com/yxuxzsxw https://tinyurl.com/yxuxzsxw" [X Link](https://x.com/businessXplain/status/1851224461737148662) 2024-10-29T11:28Z 50.3K followers, 1.3M 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](https://x.com/businessXplain/status/1851861391453372497) 2024-10-31T05:38Z 50.3K followers, 283K engagements "CALL FOR APPLICATIONS: SEDFA FUNDING OPPORTUNITY Small Enterprise Development and Finance Agency (SEDFA) invites applications from South African-owned businesses including MSMEs and Sole Proprietors to apply for funding under our Asset Assist Programme. To qualify your company must be 100% South African-owned and registered with CIPC. Your business must be tax compliant and you should be employing at least 90% South African citizens. Apply here: (Pictured - Stella Ndabeni-Abrahams Minister of Small Business Development) https://tinyurl.com/2pdwur97 https://tinyurl.com/2pdwur97" [X Link](https://x.com/businessXplain/status/1881688950399508724) 2025-01-21T13:03Z 50.3K followers, 172.5K engagements "ROBERT GUMEDE'S SWEET VICTORY The High Court has dismissed RSG Group's attempt to block Vision Group's acquisition of Tongaat Hulett allowing the business rescue process to move forward without legal obstacles. RSG Group had sought an urgent interdict claiming Vision failed to secure the necessary funding. However the court found no grounds for urgency and ordered RSG to cover the costs of the application. Vision Group plans to pay R8.5-billion to creditors for Tongaat Hulett's sugar assets which is vital for the rescue operation initiated in [----] following questionable bookkeeping practices." [X Link](https://x.com/businessXplain/status/1892201842312196259) 2025-02-19T13:17Z 50.3K followers, 85.7K engagements "TOP FEMALE EXECUTIVE BIDS FAREWELL Coronation Fund Managers has announced that its Chief Financial Officer Mary-Anne Musekiwa will step down in November [----] to pursue an international opportunity. Musekiwa (pictured) one of South Africas leading women in finance joined Coronation in [----] 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 31% to 52%. With 42% of assets now managed by Black professionals her departure is. https://rb.gy/4v3o6g https://rb.gy/4v3o6g" [X Link](https://x.com/businessXplain/status/1932051108815311352) 2025-06-09T12:24Z 50.3K followers, 20.4K engagements "TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN sugar mills - Maidstone Amatikulu and Felixton - now ranked South Africas best in sugar recovery. This sweet turnaround follows a R1.45-billion capital boost from the Industrial Development Corporation used to overhaul ageing infrastructure upgrade refineries and retrain staff. CEO Gavin Dalgleish (pictured) credits the shift from patchwork fixes to sustainable performance for the success. Growers and industry bodies are singing praises calling the mills more reliable than ever with record crystal recovery and" [X Link](https://x.com/businessXplain/status/1941121033194357035) 2025-07-04T13:04Z 50.3K followers, 107.7K 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 [--] 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 https://tinyurl.com/4ybddkn7" [X Link](https://x.com/businessXplain/status/1958569266544091176) 2025-08-21T16:37Z 50.3K followers, [----] engagements "SASOL REPORTS R6.8BN PROFIT Sasol has staged a stunning comeback reporting a R6.8-billion profit in [----] after a heavy R44.3-billion loss last year. Its shares have soared 39% 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 - https://tinyurl.com/53nnrju7" [X Link](https://x.com/businessXplain/status/1960022021536100411) 2025-08-25T16:50Z 50.3K followers, 294.6K 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 [--] million clients and expanding to nearly [---] branches and [----] 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 [----] to R13.7-billion and its strong appeal to the youth market" [X Link](https://x.com/anyuser/status/1960692209986007470) 2025-08-27T13:13Z 50.3K followers, 703.3K engagements "NERSA ADMITS R54BN ELECTRICITY MISTAKE South Africas energy regulator Nersa has apologised for a R54-billion miscalculation in electricity tariffs which will push power prices higher than planned. The error described as a data input mistake was detected by Eskom but went uncorrected for months. As a result tariffs will now rise by 8.76% instead of 5.36% next year and 8.83% instead of 6.19% the following year. Since [----] electricity costs have already risen eightfold burdening households and industries. Pictured - Nersa CEO Advocate Nomalanga Petronella Sithole Full story -" [X Link](https://x.com/businessXplain/status/1966006539841417655) 2025-09-11T05:11Z 50.3K followers, 393.9K engagements "LEGISLATION TO BAN ALCOHOL ADS The Economic Freedom Fighters (EFF) have tabled a Private Members Bill to ban all alcohol advertising in South Africa. The proposed Liquor Amendment Bill led by MP Veronica Mente would prohibit adverts promotions product placements and sponsorships tied to alcohol brands. The EFF argues that alcohol marketing glamorises drinking even influencing children while fuelling social problems such as gender-based violence road deaths and strained healthcare services. The party has called on Parliament civil society and communities to back the legislation insisting it" [X Link](https://x.com/businessXplain/status/1966043785621561666) 2025-09-11T07:39Z 50.3K followers, 17.7K engagements "NISSAN DECIDES TO STAY IN SOUTH AFRICA Nissan has reaffirmed its commitment to South Africa with a focus on boosting Navara production at its Rosslyn plant in Pretoria. Despite global restructuring plans that could see plant closures elsewhere Nissan confirmed South Africa remains its continental headquarters. Managing director Maciej Klenkiewicz (pictured) said Navara output will rise 20% in [----] driven by strong local sales and new export markets such as Egypt. Full story - https://tinyurl.com/y3mnyxdh https://tinyurl.com/y3mnyxdh" [X Link](https://x.com/businessXplain/status/1966051838387786153) 2025-09-11T08:11Z 50.3K followers, 279.5K 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 [----]. 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 [--] days of outages compared with [---] 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](https://x.com/businessXplain/status/1972995723978322384) 2025-09-30T12:03Z 50.3K followers, 240K 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 [---] law firms received duplicate payments totalling R340-million with some now repaying the money. Investigators say RAF executives obstructed the probe exposing" [X Link](https://x.com/businessXplain/status/1978001976303423700) 2025-10-14T07:36Z 50.3K followers, 216K engagements "SA MARKS HISTORIC HIV BREAKTHROUGH South Africa has become the first country in Africa to approve Lenacapavir a groundbreaking twice-yearly injection by Gilead Sciences that prevents HIV infection. Approved by the South African Health Products Regulatory Authority (SAHPRA) Lenacapavir demonstrated near-complete efficacy in global clinical trials offering new hope in a nation where millions live with HIV. Supported by a R513-million Global Fund grant rollout begins in April [----] targeting vulnerable groups including pregnant and breastfeeding women men who have sex with men and sex workers." [X Link](https://x.com/businessXplain/status/1983037762376020285) 2025-10-28T05:07Z 50.3K followers, 316.7K engagements "MINIMUM PAY FirstRand has lifted its minimum annual salary for South African employees from R215000 to R260000 - a 20.9% increase (equivalent to R21666 per month) - setting a new benchmark in the banking sectors growing pay race. The move surpasses similar hikes by Nedbank Absa and Standard Bank reflecting fierce competition for skilled professionals during widespread talent shortages. Beyond boosting entry-level wages FirstRand also disclosed its internal pay gap highlighting growing transparency across major banks ahead of new legal disclosure requirements. For FirstRand encompassing FNB" [X Link](https://x.com/businessXplain/status/1983822073869832195) 2025-10-30T09:03Z 50.3K followers, 419.3K engagements "SCRAP STEEL FOR CASH HAS BEEN BANNED South Africa has outlawed cash transactions in the scrap steel trade as part of tighter anti-money-laundering controls following its recent removal from the FATF greylist. The International Trade Administration Commission announced the move after a year-long review of the scrap pricing system also cutting local buyer rebates from 30% to 25%. All payments must now pass through formal banking channels for traceability. While the policy strengthens oversight and transparency recycling associations argue it hurts smaller operators and the broader scrap value" [X Link](https://x.com/businessXplain/status/1986796782479720794) 2025-11-07T14:04Z 50.3K followers, 97K engagements "HABANAS PAY-ME-NOW POWERS AHEAD Bryan Habanas earned wage access platform PayMeNow has doubled its user base to over [------] employees across more than [---] organisations in South Africa reflecting increasing demand for cash flow solutions. Founded in [----] the fintech allows workers to access part of their earned salaries before payday easing financial strain and promoting savings. Backed by R450-million from Rand Merchant Bank and $22-million from Standard Bank PayMeNow has expanded into Zambia Namibia and Pakistan. Full details - https://tinyurl.com/2u8u8y7n https://tinyurl.com/2u8u8y7n" [X Link](https://x.com/businessXplain/status/1987038373567991967) 2025-11-08T06:04Z 50.3K followers, 255.8K engagements "GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a two-phase review of Broad-Based Black Economic Empowerment (B-BBEE) legislation aimed at addressing weaknesses in the current framework while preserving the constitutional goal of redress. The review aims to boost real job creation support inclusive growth and address concerns that the current system benefits too few people. WHAT YOU NEED TO KNOW 1/ Broad-Based Black Economic Empowerment (B-BBEE) legislation was first enacted by the South African government in [----] with the" [X Link](https://x.com/businessXplain/status/1995444044940333340) 2025-12-01T10:45Z 50.3K followers, 136.5K engagements "ILLEGAL CIGARETTES FORCE BAT CLOSURE British American Tobacco will close its only manufacturing plant in South Africa by the end of [----] resulting in the loss of around [----] jobs. The Heidelberg facility in Gauteng currently operates at just [--] percent capacity due to illegal cigarettes which now hold 75% of the market. This marks the end of over [--] years of local cigarette production. The company will continue serving the market through imports while keeping its Johannesburg Stock Exchange listing. A CLOSER LOOK 1/ The Heidelberg plant is the eighth-largest factory in BATs global network. 2/" [X Link](https://x.com/businessXplain/status/2011749723456098354) 2026-01-15T10:38Z 50.3K followers, 219.6K engagements "South Africa has enrolled the first participant in the BRILLIANT [---] first-in-human HIV vaccine trial at Groote Schuur Hospital in Cape Town. The study is being run by the South African Medical Research Council with the Desmond Tutu HIV Foundation and the Wits Health Consortium. It is testing two new vaccine components combined with an adjuvant to study immune responses. The trial forms part of the BRILLIANT Consortium which brings together researchers from several African countries. Full story - Pictured - SA Health Products Regulatory Authority (Sahpra) CEO Boitumelo Semete-Makokotlela" [X Link](https://x.com/anyuser/status/2019351543649341915) 2026-02-05T10:05Z 50.3K followers, 24K engagements "TSHEPO MAHLOELE BUYS FLYSAFAIR Harith General Partners has agreed to buy full ownership of FlySafair South Africas largest domestic airline expanding its transport and infrastructure investments. The deal completed through Harith Aviation follows a long shareholder exit process although the price was not disclosed. FlySafair controls about 67% of domestic seat capacity and operates a fleet of more than [--] aircraft highlighting its strong market position. The acquisition revives Hariths ambition to own an airline after its failed South African Airways bid in [----]. FlySafairs management will" [X Link](https://x.com/businessXplain/status/2021211216014622962) 2026-02-10T13:14Z 50.3K followers, 442.8K engagements "SA CAR MARKET IS NO LONGER THE SAME South Africas car market is shifting quickly according to [----] demand data from. Affordable vehicles and Chinese brands are gaining strong momentum while traditional luxury brands are losing ground. Chinese marques such as Chery Omoda and Jetour recorded major ranking gains reflecting rising appetite for value-focused options. At the same time several premium and niche brands fell sharply or exited the top rankings. Full stats - https://ln.run/mfhRA https://ln.run/mfhRA" [X Link](https://x.com/businessXplain/status/2021240489962504663) 2026-02-10T15:11Z 50.3K followers, 18.8K engagements "WHY HEINEKEN IS CUTTING [----] JOBS Heineken plans to cut up to [----] jobs (nearly 7% of its [-----] global workforce) over the next two years as beer demand remains weak. The Dutch brewer the worlds second-largest by market value is also forecasting slower profit growth in [----]. In South Africa Heineken recently partnered with Soufflet Malt to build a R2-billion malting facility in Midvaal Gauteng marking a major investment in South Africas brewingandagriculturalvaluechain. Heinekens beer volumes fell by 1.2% in the prior year yet net revenue grew by 1.6% to [----] billion euros supported by" [X Link](https://x.com/businessXplain/status/2021889856872251696) 2026-02-12T10:11Z 50.3K followers, 12.4K engagements "JUST IN Tongaat Hulett is on the brink of collapse after its business rescue practitioners announced they have exhausted all reasonable options to save the company. Full story - https://ln.run/ZYD_s TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN sugar mills - Maidstone Amatikulu and Felixton - now ranked South Africas best in sugar recovery. This sweet turnaround follows a R1.45-billion capital boost from the Industrial Development https://t.co/6SrnfGzV2E https://ln.run/ZYD_s TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN" [X Link](https://x.com/businessXplain/status/2021910498066018469) 2026-02-12T11:33Z 50.3K followers, 70.4K engagements "BYD OVERTAKES FORD IN SALES Ford Motor Company sold just under [---] million vehicles globally in [----] down nearly 2% from the prior year trailing BYD's [---] million units. This marks the first time BYD has outpaced Ford lifting the Chinese firm to sixth in worldwide rankings while Ford falls to seventh. Full stats - https://ln.run/tkZmj https://ln.run/tkZmj" [X Link](https://x.com/businessXplain/status/2022205746453115385) 2026-02-13T07:06Z 50.3K followers, 47.3K engagements "ON THE LESOTHO WATER PROJECT President Cyril Ramaphosa said "We have committed R156-billion in public funding for water and sanitation infrastructure alone over the next three years. The construction of the Lesotho Highlands Water Project and other large-scale projects like the Ntabelanga Dam part of the Mzimvubu Water Project in the Eastern Cape is advancing. And we are in the final stages of establishing a National Water Resource Infrastructure Agency to effectively manage the countrys water infrastructure and to mobilise funding for water infrastructure. However the real challenge lies not" [X Link](https://x.com/businessXplain/status/2023052932867101036) 2026-02-15T15:13Z 50.3K followers, 10.9K engagements "FSCA UNDER PRESSURE OVER FIN-FLUENCERS South Africas Financial Sector Conduct Authority is facing mounting scrutiny over the growing number of financial influencers after its Consumer Advisory Panel formally raised concerns in its first annual report. The regulator is reviewing how so-called finfluencers fit within the Financial Advisory and Intermediary Services Act which prohibits unauthorised financial advice. This has raised questions about whether social media personalities promoting investment products could be breaching regulatory requirements. Full story - Pictured - FSCA Commissioner" [X Link](https://x.com/businessXplain/status/2023069290958561460) 2026-02-15T16:18Z 50.3K followers, 12.3K engagements "TELKOM DATA DRIVES PROFIT GROWTH Telkom reported improved third-quarter earnings driven by strong data growth and cost control. Group revenue rose 1.3% to R11.1-billion while data revenue increased 9.6% to R6.86-billion contributing over 60% of total revenue. Mobile remained the key growth driver with service revenue up 7.2% and data revenue rising 12.9%. Active subscribers exceeded [--] million. Full results - Pictured - Serame Taukobong Telkom CEO https://ln.run/p912L https://ln.run/p912L" [X Link](https://x.com/businessXplain/status/2023286977135616388) 2026-02-16T06:43Z 50.3K followers, [----] engagements "WATCHDOG TARGETS STEEL BUYERS The Competition Commission has raided four Gauteng scrap metal buyers over suspected price fixing. Scaw South Africa Cape Gate Shaurya Steel and Unica Iron and Steel are accused of coordinating purchase prices for processed scrap used in long steel production. Investigators believe the firms announced similar price increases at the same time potentially breaching the Competition Act. If found guilty they could face fines of up to 10% of annual turnover. Full story - https://ln.run/dwjua SCRAP STEEL FOR CASH HAS BEEN BANNED South Africa has outlawed cash" [X Link](https://x.com/anyuser/status/2023324079676178668) 2026-02-16T09:10Z 50.3K followers, [----] engagements "ON ELIMINATING HIV President Cyril Ramaphosa said "As a nation we are finally able to imagine a country without AIDS. In support of our programmes to prevent and ultimately eliminate HIV we will be undertaking a massive rollout of Lenacapavir a 6-monthly injection that has proven highly effective in preventing transmission of HIV." https://ln.run/HWXGg South Africa has enrolled the first participant in the BRILLIANT [---] first-in-human HIV vaccine trial at Groote Schuur Hospital in Cape Town. The study is being run by the South African Medical Research Council with the Desmond Tutu HIV" [X Link](https://x.com/anyuser/status/2023325478262853798) 2026-02-16T09:16Z 50.3K followers, 15.2K engagements "NAMIBIA COULD EXIT GREY LIST SOONER Namibia could be removed from the Financial Action Task Force grey list in June [----] after addressing [--] weaknesses in its anti-money laundering and counter-terrorism financing framework. The Financial Intelligence Centre said the FATF made an initial finding that the country had largely completed its action plan following greylisting in February [----]. An on-site assessment is scheduled for April to confirm implementation before a final decision. Authorities say preparations are under way to ensure readiness for the review process. Full details - Pictured -" [X Link](https://x.com/anyuser/status/2023344036216443059) 2026-02-16T10:29Z 50.3K followers, [----] engagements "BCX CEO TO STEP DOWN Telkoms enterprise IT subsidiary BCX will see CEO Jonas Bogoshi retire after seven years in the role with Hasnain Motlekar appointed acting chief executive from [--] March [----]. The leadership change comes as BCX faces revenue pressure. The division reported a 9.3% decline in quarterly revenue and a 5.9% drop year to date. Full story - https://ln.run/q-EUJ https://ln.run/q-EUJ" [X Link](https://x.com/businessXplain/status/2023360418052260237) 2026-02-16T11:34Z 50.3K followers, 11.8K engagements "NEDBANK LOWERS BANKING CHARGES Nedbank Namibia will cut several banking fees from [--] March [----] following its annual pricing review. The bank will reduce local debit card swipe fees on its Basic Bank account by 17% and remove internet banking subscription fees for youth accounts. It will also lower charges on its Silver Pay-As-You-Use account including reduced swipe and online banking fees while adding N$5000 funeral cover. The bank says the changes aim to improve affordability encourage digital banking use and support financial inclusion. Detailed story - - @TheBriefLive Pictured - Nedbank" [X Link](https://x.com/anyuser/status/2023624448822440199) 2026-02-17T05:04Z 50.3K followers, [----] engagements "SAVE THE DATE Africas leading cannabis business gathering The CHEEBA Cannabis & Hemp Summit [----] will take place on [--] May at the Sandton Convention Centre. Held in partnership with The Cannabis Expo the event will unite cultivators investors regulators and supply-chain leaders from Africa Europe and the United States. More than [--] speakers will address policy investment and market expansion under the theme Africas Gateway to the Global Cannabis Economy. Delegates will also access the broader Cannabis Expo which attracts over [-----] attendees. Organisers say the summit aims to connect African" [X Link](https://x.com/businessXplain/status/2023639547947471094) 2026-02-17T06:04Z 50.3K followers, [----] engagements "ITHALA GETS LAST-MINUTE LIFELINE KwaZulu-Natal Premier Thamsanqa Ntuli (pictured) has welcomed the possible withdrawal of a court application to liquidate Ithala SOC Limited and Ithala Bank. The application was brought by the Prudential Authority and the Repayment Administrator Johan Kruger. Ntuli said the development follows months of negotiations led by the provincial government to protect the state-owned lender. The matter was escalated to national level including discussions with President Cyril Ramaphosa. Full story - https://ln.run/JA4Dv https://ln.run/JA4Dv" [X Link](https://x.com/anyuser/status/2023654395901022580) 2026-02-17T07:03Z 50.3K followers, [----] engagements "TOWNSHIP TRADERS REJECT FEE HIKE The Gauteng Liquor Traders Association (GLTA) has rejected proposed liquor licence fee increases warning they will harm township-based micro and small businesses. GLTA says traders already face long approval backlogs costly renewals and regulatory confusion with some applications delayed up to two years. Many pay about R6000 annually while struggling with zoning rules and fraudulent licences. The association argues higher fees will push more operators into informality and widen the gap between small traders and large supermarket chains. Instead the association" [X Link](https://x.com/anyuser/status/2023669495559065867) 2026-02-17T08:03Z 50.3K followers, [----] engagements "SOUTH AFRICA LEADS AFRICA DEALS African mergers and acquisitions remained strong in [----] with inbound deal value rising more than 40% year on year. Outbound deals from Africa increased by 85% in value despite slightly fewer transactions. South Africa led the continent accounting for 35% of total deal value followed by Kenya and Egypt. Full report - https://ln.run/FDeNt https://ln.run/FDeNt" [X Link](https://x.com/businessXplain/status/2023699946268938567) 2026-02-17T10:04Z 50.3K followers, 10.4K engagements "SELF-SERVICE TILLS WON'T LEAD TO JOB LOSSES Woolworths South Africa has launched its first self-service checkout pilot allowing customers to scan and pay for items using a smartphone app. The trial is taking place at its Foreshore store in Cape Town and involves one Express Till. Woolies says no jobs will be lost with staff set to be upskilled and redeployed instead of replaced. Full story - Pictured - Woolworths CEO Roy Bagattini https://ln.run/EAFNg https://ln.run/EAFNg" [X Link](https://x.com/businessXplain/status/2023843987275092205) 2026-02-17T19:36Z 50.3K followers, [----] engagements "EXPLAINED - MTN R35BN DEAL MTN Group has agreed to buy the remaining 75% of IHS Holding it does not already own in R35bn cash deal. The transaction values the Nigerian-based tower company at $6.2bn and will see IHS delist from the New York Stock Exchange. IHS operates towers across several African markets where MTN is active and earns about 70% of its revenue from the telecoms group. MTN said full ownership will strengthen network control improve margins and boost cash flow as mobile data demand and 5G expansion continue across Sub-Saharan Africas growing markets. Full details - Pictured -" [X Link](https://x.com/businessXplain/status/2023972743356538963) 2026-02-18T04:08Z 50.3K followers, 11.1K engagements "MPHAMB0 TAKES HELM AT LAND BANK The Land and Agricultural Development Bank of South Africa has appointed Jabu Mphambo as acting chief executive with immediate effect following the resignation of Themba Rikhotso. Rikhotso will remain at the bank until the end of April [----] during his notice period. Mphambo joined in November [----] as chief banking officer and oversees key portfolios. The board said the appointment ensures stability as the bank strengthens capital expands lending and supports South Africas agricultural sector. Full profile - https://ln.run/MPm5u https://ln.run/MPm5u" [X Link](https://x.com/businessXplain/status/2023986836574532002) 2026-02-18T05:04Z 50.3K followers, [----] engagements "UK VISAS NOW AT DISCOVERY Discovery Bank has opened a dedicated UK visa application centre at its Discovery Store in Sandton Johannesburg in partnership with VFS Global. The service aims to simplify the visa process for clients as outbound travel demand grows. The UK remains the top international destination for Vitality Travel users with more than [-----] members and their families flying between South Africa and the UK in [----]. Full story - Pictured - Discovery Bank CEO Hylton Kallner https://ln.run/arHjE https://ln.run/arHjE" [X Link](https://x.com/businessXplain/status/2024001936224367048) 2026-02-18T06:04Z 50.3K followers, 32.8K engagements "MTC NAMES NEW BOARD CHAIR Mobile Telecommunications Limited (MTC) has appointed Trophimus Hiwilepo as Chairperson of its Board of Directors. He succeeds the late Theofelus Mberirua whose passing was announced in November [----]. The MTC board thanked Mercia Geises for serving as Acting Chairperson. Full story - - @TheBriefLive https://ln.run/NMJMh https://ln.run/NMJMh" [X Link](https://x.com/businessXplain/status/2024016532020621802) 2026-02-18T07:02Z 50.3K followers, [----] engagements "STARLINK PUTS PRESSURE ON ICASA Starlink has intensified its public campaign to secure an operating licence in South Africa launching a dedicated advocacy page aimed directly at consumers and policymakers. The satellite internet provider is challenging empowerment rules that require 30% local ownership proposing instead an equity equivalent investment model. Central to its campaign is a conditional R500-million pledge to connect [----] rural schools. Regulatory approval remains uncertain as Icasa follows formal processes that could take years. With services already live in most neighbouring" [X Link](https://x.com/businessXplain/status/2024031883625922657) 2026-02-18T08:03Z 50.3K followers, 41.1K engagements "NEW RULES FORCE MOTSEPE TO STEP DOWN Patrice Motsepe has stepped down as Executive Chairman of African Rainbow Minerals ending his role as an executive director with immediate effect. The decision follows new JSE listing rules which require company chairs to be non-executive. Motsepe will remain on the board as non-executive chairman ensuring compliance with strengthened governance standards. Full story - https://ln.run/VGPgg https://ln.run/VGPgg" [X Link](https://x.com/businessXplain/status/2023444948255707586) 2026-02-16T17:10Z 50.3K followers, 153.1K engagements "ANOTHER COMPANY ENTERS ELECTRICITY MARKET Blu Label Unlimited has become the latest private sector player to take on Eskoms dominance in the energy trading market. The JSE-listed prepaid specialist will now trade electricity through its subsidiary BluEnergy Trading. The move places Blu Label among private players entering a market such as Investec and Vodacom. A CLOSER LOOK 1/ Energy trading is no longer limited to utilities; private companies banks commodity traders and tech firms now buy and sell electricity through bilateral agreements and wholesale power markets. 2/ Independent Power" [X Link](https://x.com/businessXplain/status/2023762674358554912) 2026-02-17T14:13Z 50.3K followers, 46.4K engagements "NOAH TO HEADLINE STANDARD BANK CONFERENCE Standard Bank has confirmed that global comedian and producer Trevor Noah will headline its African Markets Conference in Cape Town from [--] to [--] February [----]. He will deliver a keynote address at the cocktail evening and participate in a fireside discussion on the power of Africas creative economy. The bank aims to mobilise global capital for infrastructure energy transition and trade under the African Continental Free Trade Area. Full details - https://ln.run/WJjuc https://ln.run/WJjuc" [X Link](https://x.com/businessXplain/status/2023819681992216635) 2026-02-17T17:59Z 50.3K followers, 106.6K engagements "PREMIER TO RESCUE ZULU LITHIUM IN ZIMBABWE Premier African Minerals has allocated US$13.4-million to stabilise its troubled Zulu Lithium project near Bulawayo over the next six months. The London-listed miner is funding plant completion commissioning and supplier payments as it grapples with roughly US$46-million in debt linked to a [----] prepayment deal with Canmax Technologies. Zimbabwe Africas largest lithium producer relies heavily on mining for foreign earnings. Premier plans to issue billions of new shares to raise capital while installing upgraded processing equipment to restore output" [X Link](https://x.com/businessXplain/status/2024049268579770444) 2026-02-18T09:12Z 50.3K followers, [----] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@businessXplain Business ExplainerBusiness Explainer posts on X about south africa, business, strong, company the most. They currently have [------] followers and [---] posts still getting attention that total [-------] engagements in the last [--] hours.
Social category influence finance #6344 countries 32.28% stocks 8.23% automotive brands 5.7% travel destinations 4.43% technology brands 3.16% financial services 0.63% luxury brands 0.63% currencies 0.63% formula 1 0.63%
Social topic influence south africa #156, business #496, strong #3533, company #669, ceo 10.13%, in the 9.49%, more than #441, investment #445, namibia #515, financial #1374
Top accounts mentioned or mentioned by @thebrieflive @inemesitaffia @grok @thegeopol @realdudefromsa @ben10rs @summer_nova1 @thehost44895138 @khathukutama @cecil_x_lion @300bars @ushanks_udon @mbuso_siera @jeslllll @kgabungthabang @hlayi_b @omri_cassiem @pondochic @sirdavid_dashe @u_bhekani
Top assets mentioned British American Tobacco (BTI)
Top posts by engagements in the last [--] hours
"ITS RAINING PROFITS African Rainbow Capital (ARC) led by Patrice Motsepe has invested an additional R295-million in TymeBank and telecom company Rain. Rain known for its affordable mobile services reported R2.5-billion in earnings and saw a R598-million value gain. TymeBank now has [---] million customers and plans international expansion with strong growth in Vietnam and the Philippines. Profits for both companies are expected soon"
X Link 2024-09-16T10:31Z 50.3K followers, 508.9K 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 17.7% of Barloworld's shares and its support is crucial for the buyout's success. The consortium including Saudi's Zahid Group needs 75% 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 2024-12-17T05:37Z 50.2K followers, [----] engagements
"SPAR SELLS HEAD OFFICE TO SURVIVE Spar is selling its Pinetown head office and other non-core assets to reduce its massive R9-billion debt. The group is also exploring leasing its fleet and selling some of its corporate stores. These steps follow a disastrous investment in Poland which cost Spar R185-million to sell its operations with an additional R2.7-billion needed to recapitalise the business. Spar secured a R2-billion bridge loan from South African lenders to address this debt. Meanwhile a failed SAP system implementation at its KwaZulu-Natal distribution centre resulted in a"
X Link 2025-01-16T09:03Z 50.3K followers, 732.1K engagements
"SOUTH AFRICA-CHINA TRADE JUMPS The economic relationship between South Africa and China has experienced remarkable growth. 1/ Bilateral trade reached an impressive $52.5-billion (R970-billion) in [----] making South Africa a key player in Chinas African trade strategy representing the highest percentage of China's trade with the Continent. 2/ According to Baker McKenzie in [----] China became South Africas largest trading partner with trade nearing $40-billion (R730-billion) - thanks to sectors like mining manufacturing and infrastructure driving growth. 3/ The farming sector has also benefited"
X Link 2025-02-11T05:07Z 50.3K followers, 278.7K engagements
"ASPEN STOCK FALLS PIC BUYS MORE The Public Investment Corporation (PIC) Africas largest fund manager has increased its stake in Aspen Pharmacare to 20.15% 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 26% 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 2025-02-13T06:55Z 50.3K followers, 15K 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 18% and opposes the bid. Independent advisers Rothschild & Co have deemed the offer fair and"
X Link 2025-02-14T04:08Z 50.3K followers, [----] engagements
"TAX INCREASES NOT THE ANSWER SARS SARS Commissioner Edward Kieswetter has raised serious concerns about the proposed tax hike suggesting it may not be the best approach. Instead he advocates for investing in SARS to help recover an estimated R800-billion in uncollected taxes. Kieswetter points out that the last VAT increase in [----] failed to significantly boost revenue. He believes modernising SARS will enhance tax collection broaden the tax base and improve compliance. The uncollected taxes include around R450-billion from theoretical modelling and over R300-billion from outstanding returns."
X Link 2025-02-19T09:11Z 50.3K followers, 496.1K engagements
"R3.6 BILLION PROFIT FOR REMGRO Remgro has reported a remarkable 38.7% 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 [---] cents while earnings per share (EPS) surged by an impressive 323.4% to [---] 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 [--] cents per share reflecting its robust financial health. Although the company"
X Link 2025-03-25T08:48Z 50.2K followers, [----] engagements
"ABSA RAISES MINIMUM WAGE Absa Bank has increased its minimum monthly pay to R20833 making it one of the leaders in fair wages among South African banks. This change highlighted in its annual report raises the annual minimum salary to R250000 reflecting an 8.7% increase. While competitors like Standard Bank set their minimum at R258000 Absa aims to ensure equitable pay across all regions. Acting CEO Charles Russon (pictured) salary reached R6.9-million but he did not receive a full bonus due to lower shareholder returns. Despite profit growth of 10% to R22.1-billion concerns remain about the"
X Link 2025-04-02T13:26Z 50.3K followers, 598.9K engagements
"BEER SALES LOSE BUBBLE Heineken Beverages is battling a drop in sales in South Africa especially in beer and cider despite its [----] 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 2025-04-17T09:37Z 50.2K followers, 75K engagements
"DELIVERY KA SPEED HITS NEW GEAR Delivery Ka Speed a 100% Black-owned logistics company has expanded into the Western Cape. Founded by Godiragetse Mogajane in [----] the business is known for fast and flexible last-mile delivery especially in township and underserved areas. Now operating in Gauteng Limpopo and North West its Cape move is a major step in its national journey. The company offers Delivery-as-a-Service solutions to clients across e-commerce retail and manufacturing. With each delivery it connects people builds local economies and unlocks opportunity. More than just speed it's about"
X Link 2025-05-20T14:39Z 50.3K followers, 50.7K engagements
"WHY CEO HAS BEEN SUSPENDED Independent Development Trust (IDT) boss Tebogo Malaka has been suspended after a forensic probe exposed shocking irregularities in an R836-million oxygen plant deal. A company with no staff or offices is said to have landed a R428-million contract using forged documents and missing bid deadlines. No oxygen plants were delivered and the project ballooned from R216-million to R836-million. Read more to see what she is accused of https://tinyurl.com/2s4hmacd https://tinyurl.com/2s4hmacd"
X Link 2025-08-05T12:12Z 50.3K followers, 734.5K 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 https://tinyurl.com/4e2yy8db https://twitter.com/i/web/status/1953094238134063338 https://tinyurl.com/4e2yy8db https://twitter.com/i/web/status/1953094238134063338"
X Link 2025-08-06T14:02Z 50.3K followers, 116.5K 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 30% with an option to increase to 40% 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 2025-08-15T11:51Z 50.2K followers, [----] engagements
"QANTAS FINED FOR FIRING [----] STAFF Qantas Airways has been ordered to pay a record fine of $90-million (about R1.1 billion) for unlawfully firing [----] 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 2025-08-19T16:20Z 50.3K followers, [----] engagements
"KIDNAPPED BUSINESSMAN RESCUED A kidnapped businessman has been safely reunited with his family after a dramatic police operation. The SAPS Anti-Kidnapping Task Team rescued him in Alexandra shortly after midnight following a shootout in Kempton Park where the alleged mastermind known as Dollarman was killed. Dollarman was wanted in both South Africa and Mozambique for multiple ransom cases as well as other serious crimes. Police revealed that since [----] they have arrested over [---] kidnappers and seized [---] illegal firearms. Read more on this - https://tinyurl.com/ytsxkp99"
X Link 2025-09-06T08:04Z 50.3K followers, 17.3K engagements
"FIRSTRAND EARNINGS CLIMB 10% FirstRand has reported a 10% rise in annual earnings to R41.88-billion supported by strong performances across its domestic operations. Headline earnings reached [-----] cents per share with the group declaring a final dividend of [---] cents bringing the annual total to [---] cents - up 12% 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 [----] supported by rising deposits lending"
X Link 2025-09-11T10:41Z 50.2K followers, 24.9K engagements
"GAUTRAINS THIRTEENTH CLEAN AUDIT STREAK The Gautrain Management Agency (GMA) has achieved its thirteenth consecutive clean audit a milestone that highlights its commitment to financial discipline and transparency. Chairperson Professor Mfanelo Ntsobi (pictured) credited this success to responsible governance and the careful use of public resources. Alongside its financial achievement the agency delivered impressive service results with trains running at 99.51% availability and 97.57% punctuality. GMA also secured ISO certifications in quality environment and safety underscoring its drive for"
X Link 2025-09-16T09:55Z 50.3K followers, 207.3K engagements
"RUPERT POURS BILLIONS BACK TO INVESTORS Remgro the investment group led by Johann Rupert has declared a special dividend of [---] 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 30% while headline earnings surged nearly 40%. Full story - Pictured - Johann Peter Rupert South African billionaire and chairman of Remgro https://shorturl.at/efVzo https://shorturl.at/efVzo"
X Link 2025-09-23T15:32Z 50.2K followers, 29.6K 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 [----]. While Eskom has challenged Nersas licensing powers in court critics argue the utility resists competition. Full story - Pictured - Fani Titi Investec CEO https://shorturl.at/uyuBJ"
X Link 2025-09-25T13:50Z 50.3K followers, 372.7K engagements
"NEW R8BN AIRPORT TO CREATE [------] 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 [------] jobs and operate largely on renewable energy. Construction is slated to begin in [----] with the first flights by [----]. Full details -"
X Link 2025-10-16T12:51Z 50.3K followers, 73.8K engagements
"MABASO APPOINTED CEO AT GRINDROD One of South Africas leading logistics and freight company Grindrod has appointed Kwazi Mabaso as its new Chief Executive Officer. Mabaso who currently heads Grindrod Terminals succeeds Xolani Mbambo set to join Kumba Iron Ore as CFO. With over [--] years of experience in logistics mining and operations across Africa Mabaso has played a pivotal role in driving Grindrods operational efficiency and growth. He holds a Bachelor of Science in Engineering and a Postgraduate Diploma in Business Administration equipping him with a strong balance of technical and"
X Link 2025-10-17T13:29Z 50.3K followers, [----] engagements
"GLOBAL GIANT BETS ON SOUTH AFRICA Global investment giant BlackRock is betting big on South Africas rand-denominated bonds seeing them as a brighter alternative to US Treasuries weighed down by mounting debt. With yields near 9% and inflation expected to ease to 3% by [----] the bonds offer strong real returns and growing investor appeal. So far foreign investors have poured R90-billion into local bonds while the Rands strength has boosted overall performance. Analysts say South Africas improving power stability economic reforms and calmer politics could attract even more capital. Full story -"
X Link 2025-10-27T08:48Z 50.3K followers, 431.2K engagements
"FIRSTRAND BACKS DUBAI-BASED OPTASIA FirstRand has acquired a 20.1% stake in Optasia a Dubai-based fintech company valued at R17.2-billion and backed by South African investor Michael Jordaan. The deal announced alongside Optasias IPO on the JSE strengthens FirstRands reach in emerging markets and advances its goal of driving financial inclusion across Africa. Optasias AI-powered micro-financing tools serve millions of underbanked customers across [--] countries. Founded by Nigerian entrepreneur Bassim Haidar the company partners with telecom giants like Vodacom and MTN. For FirstRand the move"
X Link 2025-10-28T06:07Z 50.2K followers, 54.7K engagements
"PICK N PAY BOSS SLAMS GAMBLING ADS Pick n Pay CEO Sean Summers has called for a nationwide ban on online gambling advertising warning that unchecked betting is draining South Africas economy and hurting families. Speaking during the retailers annual results presentation Summers said gambling has siphoned around R70-billion from consumers in just one year diverting money away from essentials like food. He likened the problem to the tobacco crisis of the past urging authorities to act decisively. Regulators and advocacy groups have echoed his concerns pushing for stricter rules to protect young"
X Link 2025-10-28T14:07Z 50.3K followers, 333.6K engagements
"VODACOM AND MAKATE REACH A DEAL Vodacom has finally reached a confidential settlement with Kenneth Makate ending their two-decade-long legal battle over the Please Call Me invention. The telecom giant confirmed that both parties have agreed to withdraw all court actions marking the end of one of South Africas most publicised corporate disputes. While the settlement amount remains undisclosed Vodacom said it will be reflected in its interim results for the period ending September 2025"
X Link 2025-11-05T15:47Z 50.3K followers, 1.4M engagements
"TFG BOSS WARNS OF GAMBLING CRISIS The Foschini Group CEO Anthony Thunstrm has warned that South Africas growing online gambling addiction poses a greater threat to the economy - and his business - than Chinese fashion giant Shein. Speaking after TFGs half-year results Thunstrm said gambling is draining consumer incomes leaving less money for retail. The group reported revenue growth of 12.2% to R31.4 billion but profits fell to R944-million due to weak demand and higher costs. Thunstrm called gambling a national crisis urging action as addiction undermines both families and the retail"
X Link 2025-11-09T08:22Z 50.3K followers, 540.9K engagements
"TFGS ONLINE SALES RISE BY 55% The Foschini Group (TFG) reported a sharp 55.3% rise in online sales which now make up nearly 15% of total turnover. This growth was fuelled by the Bash platform and the integration of UK brand White Stuff. While overall sales rose 12.7% to R29.2-billion profits were hit by heavy winter discounting and weaker consumer spending. Still analysts praised TFGs digital progress noting that mobile now accounts for most online sales. With stronger logistics and tech investment TFG is well-positioned for continued digital expansion marking a major shift from traditional"
X Link 2025-11-10T16:22Z 50.3K followers, [----] engagements
"CHECKERS STRUGGLES TO KEEP LOCAL DRIVERS Checkers Sixty60 has grown its team of South African riders but many are quitting twice as fast as their foreign counterparts. Shoprites delivery platform which now works with over [----] drivers through its logistics arm Pingo still relies heavily on migrant workers to meet its 60-minute delivery target. Locals often leave due to low take-home pay and safety risks on busy roads. Despite offering training insurance and fair wages retention remains a problem. Shoprite says its improving conditions and incentives to attract more South Africans to its"
X Link 2025-11-11T15:22Z 50.3K followers, 1.3M engagements
"NEW WEAPON TO FIGHT TENDER CORRUPTION The National Treasury has launched an online platform that allows the public to scrutinise government tenders in unprecedented detail. This new dashboard accessible to all citizens compiles data on contracts and payments across most national and provincial departments. The initiative aims to combat corruption by making spending patterns transparent enabling anyone to identify potential irregularities in tender/contract awards. In democratising access to this information the tool empowers ordinary South Africans to act as watchdogs. Consequently this move"
X Link 2025-11-13T07:22Z 50.3K followers, 110.2K engagements
"2M VW POLOS PRODUCED IN SOUTH AFRICA Volkswagen Group Africa has celebrated a major milestone with the production of the two millionth Polo at its Plant Kariega in South Africa. The smoky grey Polo destined for Australia rolled off the production line earlier this month. Since [----] the plant has produced four generations of the Polo with over [---] million units exported to more than [--] countries. The milestone highlights VWGA's contribution to the local automotive market and economy with Plant Kariega being the only Volkswagen plant exporting Polos to Europe and the Asia-Pacific regions. Full"
X Link 2025-11-19T10:20Z 50.2K followers, 16.9K engagements
"RAMAPHOSA OPENS PLATINUM MINE President Cyril Ramaphosa has opened Ivanhoe Mines massive Platreef project in Limpopo a brand-new platinum mine that took over [--] years to reach production. Starting now Phase [--] will soon deliver [------] ounces a year of platinum palladium rhodium and gold before jumping to [------] ounces in [----]. Canadian billionaire Robert Friedlands company owns [--] % and dreams of topping one million ounces long-term. With platinum prices up 71% this year and jobs desperately needed in a province where unemployment tops 45% Platreef brings hope fresh metal supply and a safer"
X Link 2025-11-21T06:19Z 50.3K followers, 11.4K engagements
"SA BANKS HAVE BEEN UPGRADED Good news for South Africas money giants as ratings agency Standard & Poors has upgraded the credit scores of major banks like FirstRand Absa Capitec Investec and Nedbank plus insurers Sanlam and Old Mutual. The boost follows the countrys own sovereign upgrade and reflects a brighter economy lower interest rates and smarter risk handling. S&P expects banks to earn a solid 16% return on equity next year while insurers stay rock-solid. With less worry about big debts and Eskoms troubles easing the financial sector looks healthier and ready for steady growth ahead."
X Link 2025-11-21T06:50Z 50.2K followers, 24.5K engagements
"BIDVEST DIRECTORS WILL NOT BE REIMBURSED Bidvest Group faced significant pushback from its shareholders who rejected a proposal to reimburse three directors for their trip to the Paris Olympics. At the Annual General Meeting on [--] December 59.7% of voting shareholders opposed the R1-million reimbursement. The decision was influenced by recommendations from Institutional Shareholder Services which highlighted concerns about excessive spending and director independence. The directors are chair Bonang Mohale lead director Renosi Mokate and non-executive director Sindi Mabaso-Koyana. Full story -"
X Link 2025-12-03T03:20Z 50.3K followers, 56K engagements
"FIRSTRAND REPORTS STRONG EARNINGS FirstRand says its first-half performance remains on track supported by improved economic conditions across South Africa the UK and most African markets. Lending growth is expected to strengthen in the second half as lower inflation and interest rates support households and businesses. Non-interest revenue is also rising driven by insurance markets activity and private equity gains. Credit performance remains strong with losses at the lower end of targets. While uncertainty persists around the UK motor finance probe led by the Financial Conduct Authority"
X Link 2025-12-03T13:50Z 50.2K followers, [----] engagements
"TOP [--] BUSINESS STORIES THIS WEEK 10/ THUNGELA SELLS MINE FOR R700M 09/ FIRSTRAND REPORTS STRONG EARNINGS 08/ DIS-CHEM FOUNDER STEPS BACK 07/ BIDVEST DIRECTORS NOT REIMBURSED 06/ PROFILE - PICK N PAY INCOMING CFO 05/ EXPLAINED - HOW ESKOM GOT IT RIGHT 04/ TRAXTION INVESTS R3.4BN IN SA RAIL 03/ SHEIN AND TEMU INVESTIGATED 02/ GOVERNMENT RETHINKS BEE MODEL 01/ PROFILE - NEW PwC SA CEO More business news - http://businessexplainer.zo.za https://tinyurl.com/2ttv9tem https://tinyurl.com/bdcva6nd https://tinyurl.com/56tvpduv https://tinyurl.com/hsfxfzx9 https://tinyurl.com/3f5r7eek"
X Link 2025-12-07T04:07Z 50.2K followers, 10.3K engagements
"VILAKAZI MADISA MOST POWERFUL WOMEN South Africa has claimed a proud moment on the global stage after Mary Vilakazi and Mpumi Madisa were named among Forbes [----] Worlds [---] Most Powerful Women. Ranked 74th and 89th the FirstRand and Bidvest CEOs reflect a new era of South African leadership defined by resilience skill and purpose. Vilakazis rise from Alexandra to leading the countrys largest financial services group tells a powerful story of discipline academic excellence and people-centred leadership. Similarly Madisas journey through the ranks of Bidvest culminating in her role as CEO"
X Link 2025-12-17T09:35Z 50.2K followers, 29.3K engagements
"M&A NEWSMAKER OF THE YEAR: Paul Hanratty (Sanlam Group Chief Executive Officer) He earns this title for masterminding a series of sophisticated Mergers & Acquisitions that have cemented Sanlam into a global financial powerhouse. In [----] Hanratty moved beyond traditional acquisitions to execute a landmark asset-swap with Ninety One transferring Sanlams active investment management business in exchange for a strategic 12.3% stake in the global asset manager. The transaction established a long-term partnership designed to leverage Ninety Ones global investment capabilities while enhancing"
X Link 2025-12-24T12:37Z 50.3K followers, [----] engagements
"INDUSTRY DISRUPTOR OF THE YEAR: Chinese Motor Vehicles (Collectively) In [----] Chinese automotive brands transitioned from market challengers to dominant industry forces rapidly capturing a 15% market share in South Africa. This structural shift was led by Chery and GWM which now consistently rank among the countrys top ten best-selling manufacturers with Cherys sales alone at times surpassing legacy brands such as Nissan and BMW. Their success has been driven (so to speak) by a value-first strategy - offering premium features advanced safety technology and ten-year warranties at price points"
X Link 2025-12-24T12:37Z 50.3K followers, [----] engagements
"BUSINESS DEAL OF THE YEAR: Maxime Saada (Canal+ Chair and CEO) Maxime Saada Chairman and CEO of Canal+ Group secures Deal of the Year for concluding the most watched corporate transaction of 2025: the approximately R55-billion mandatory takeover of MultiChoice Group. After nearly two years of strategic manoeuvring and intense regulatory scrutiny Saada successfully navigated South Africas complex broadcasting framework to acquire more than 94% of the company by October [----]. The transaction creates a global media heavyweight with a combined subscriber base of roughly [--] million across nearly"
X Link 2025-12-24T12:37Z 50.2K followers, [----] engagements
"THREE BUSINESS LEADERS TO WATCH IN [----] 1/ Mary Vilakazi (FirstRand CEO): After delivering a strong [----] performance with a 20.2% return on equity Vilakazi enters [----] as the primary champion of South Africas new growth phase. She has successfully navigated a challenging R5.7-billion UK regulatory provision while maintaining FirstRands status as a global quality stock. In [----] all eyes will be on her strategy to unlock corporate-led credit growth as business confidence turns the corner. Vilakazi ranked #74 on Forbes' World's [---] Most Powerful Women list for [----] is betting on a machinery"
X Link 2025-12-24T12:37Z 50.2K followers, 10.4K engagements
"FQM ANNOUNCES MAJOR INVESTMENT First Quantum Minerals (FQM) has reported a solid increase in copper production at its Kansanshi mine reaching [------] tonnes in Zambia This growth follows the successful launch of the new S3 circuit and an expansion that boosted efficiency. FQM plans to invest approximately US$275-million over the next three years on various projects including infrastructure improvements and sustainability initiatives aimed at reducing emissions. The company expects continued growth in [----] with analysts predicting stable copper prices due to ongoing supply disruptions"
X Link 2026-01-22T14:04Z 50.3K followers, [----] engagements
"CASH SALES RISE AT TRUWORTHS Truworths has reported a decrease in credit sales while cash purchases have slightly increased. Over the [--] weeks ending on December [--] retail sales remained stable at R12.5-billion highlighting the weak discretionary spending among consumers. Cash sales rose by 2.3% but credit sales fell by 2.7% indicating consumers are borrowing less due to high interest rates and rising living costs. Although there are signs of economic improvement many lower and middle-income households continue to feel financial pressure. Truworths is cautiously considering expanding credit"
X Link 2026-01-27T10:15Z 50.2K followers, [----] engagements
"CRIME ECONOMY OUTPACES ENFORCEMENT The South African Revenue Service (SARS) Commissioner Edward Kieswetter has issued a stark warning that South Africa is struggling to combat the criminal syndicates active in the illicit economy. The closure of British American Tobaccos Heidelberg factory highlights the scale of the problem with illegal cigarettes now dominating local sales. Authorities say illicit networks now operate across tobacco fuel gold and counterfeit goods forming a parallel economy that weakens tax collection and legal business. Fuel fraud and illegal mining have become major"
X Link 2026-01-28T09:03Z 50.2K followers, [----] engagements
"TOP [--] BUSINESS NEWS THIS WEEK 10/ STANLIB & AFRICA DATA CENTRES DEAL 09/ FIVE CHINESE CARS SET FOR SA 08/ CEO TO USE COMPANY JET PRIVATELY 07/ MAHACHI JOINS DANGOTE ZIMBABWE 06/ MTN CEO JOINS DANGOTE BOARD 05/ PROS & CONS OF A STRONG RAND 04/ SA ONLINE RETAIL BOOM BREAKS R130BN 03/ BONITAS DROPS MEDSCHEME 02/ WHITE ZIM FARMERS TURN TO TRUMP 01/ EXPLAINED - DATA ROLL-OVER AND SHARING More business news - http://businessexplainer.co.za https://2cm.es/1iSvj https://2cm.es/1nTcq https://2cm.es/1nTdk https://2cm.es/1iSv9 https://2cm.es/1nTcX https://2cm.es/1nTdg https://2cm.es/1iSuT"
X Link 2026-02-01T06:08Z 50.2K followers, [----] engagements
"Transnet has signed a strategic partnership with Port of Antwerp-Bruges International and the Antwerp/Flanders Port Training Centre to accelerate the modernisation of South Africas port system. The agreement focuses on operations infrastructure planning digital systems and environmental sustainability. It comes as congestion and delays continue to raise shipping costs and weaken export competitiveness. The partners will provide technical advice training and benchmarking to strengthen Transnets capacity. Cooperation will also extend to transport corridors and investment projects linked to"
X Link 2026-02-02T16:01Z 50.3K followers, 11.4K engagements
"Namibia has begun public consultations on a Bill to introduce Universal Health Coverage aimed at ensuring access to essential healthcare without financial hardship. The proposed law will create a legal and institutional framework for universal access and build on the UHC policy approved in [----]. It includes new financing mechanisms such as a National Health Equity Fund and a micro-contribution system to pool risks and improve sustainability. The government has also proposed levies to fund the scheme. About 85% of Namibians rely on public healthcare while only a small share is privately"
X Link 2026-02-03T06:01Z 50.2K followers, [----] engagements
"WeBuyCars founders Dirk and Faan van der Walt have sold about R866m worth of shares two years after listing the company on the JSE. They retain a combined stake of 5.81% and will remain in their executive roles signalling continued commitment to the business. The sale was aimed at diversifying personal wealth after strong share price gains. WeBuyCars is valued at about R19bn with its share price rising from R18.75 at listing to around R47. The company sells more than [-----] vehicles a month and is targeting [-----] by [----] supported by strong online traffic and growing market share. Full story -"
X Link 2026-02-03T06:51Z 50.2K followers, 33.1K engagements
"South Africas wine exports remained resilient despite weaker global demand and higher US tariffs. Export volumes fell by 13.8% to [---] million litres but value slipped only 2.4% to about R9.8bn showing a move away from bulk wine towards better-priced packaged products. Producers focused on protecting value in core markets while expanding into Africa and Asia. The UK stayed the largest market with volumes down but value rising. Canada and Sweden also recorded gains. New US tariffs cut shipments sharply speeding up diversification into emerging markets. Full story - https://ln.run/vzffg"
X Link 2026-02-04T06:50Z 50.3K followers, [----] engagements
"In addition to his primary role as Governor of theSouth African Reserve Bank(SARB) Lesetja Kganyago holds several key leadership positions across academic regional and international institutions. 1/ Chancellor ofStellenbosch University:He was inaugurated as the 16th Chancellor on [--] June [----]. In this ceremonial role he serves as the universitys titular head and ambassador presiding over official functions such as graduation ceremonies. 2/ Within the central bank he chairs the following essential committees: ➡ Monetary Policy Committee (MPC):Oversees interest rate decisions and inflation"
X Link 2026-02-04T09:28Z 50.2K followers, 16.4K engagements
"TymeBank has officially rebranded as GoTyme Bank marking a new phase in its growth as part of the global Tyme Group which serves [--] million customers worldwide. The change introduces a new GoTyme app with a cleaner design improved performance and stronger security. Customers do not need to open new accounts as all details and balances have already been migrated. The bank says the new brand reflects its digital-first strategy while keeping the same licence products and regulatory status. Full story - Pictured - CEO Cheslyn Jacobs https://ln.run/Rr-89 https://ln.run/Rr-89"
X Link 2026-02-05T04:35Z 50.2K followers, 25.4K engagements
"Namibia has refused to approve Phase II of the Lesotho Highlands Water Project citing concerns about reduced downstream flows in the OrangeSenqu River system. The government says it will only reconsider once South Africa commits to jointly developing the proposed NoordoewerVioolsdrift Dam as a mitigation measure. The delay has affected funding arrangements for the project which is meant to boost water transfers to South Africas cities and expand hydropower in Lesotho. The project would raise annual water supply from [---] million to [----] billion cubic metres. Full story - - @TheBriefLive"
X Link 2026-02-05T05:05Z 50.3K followers, 35.4K engagements
"The Department of Justice and Constitutional Development has invited the public to comment on draft regulations under the Cannabis for Private Purposes Act [----]. The proposed rules set upper limits for private possession and cultivation and outline procedures for expunging certain criminal records. Submissions must be made by [--] March [----] before the regulations are finalised and sent to Parliament for approval. Full story - Pictured - Minister of Justice and Constitutional Development Minister Mmamoloko Kubayi https://ln.run/og4WS https://ln.run/og4WS"
X Link 2026-02-05T08:05Z 50.2K followers, [----] engagements
"Pareto and Southern Suns Hospitality Property Fund have moved closer to completing a major Sandton property deal after the Competition Commission recommended approval. The transaction covers assets worth more than R2-billion including Sandton Sun & Towers Garden Court Sandton City the Sandton Convention Centre and a Virgin Active complex. Full story - Pictured - Pareto CEO Malose Kekana https://ln.run/roIU5 https://ln.run/roIU5"
X Link 2026-02-05T10:35Z 50.2K followers, [----] engagements
"HEINEKEN BACKS R2BN PROJECT Soufflet Malt has started building a R2-billion malt factory in Midvaal Gauteng in partnership with HEINEKEN Beverages. The plant next to HEINEKENs Sedibeng Brewery will produce about [------] tonnes of malt a year using barley sourced entirely from South African farmers. The project will create permanent jobs support hundreds of farmers and cut emissions by about 50% using advanced technology. Backed by agronomy training and IDC funding for emerging farmers the investment strengthens local agriculture reduces imports and builds a more sustainable brewing supply"
X Link 2026-02-05T16:01Z 50.2K followers, [----] engagements
"Minister of Mineral and Petroleum Resources Gwede Mantashe has warned that illegal mining is one of the most pressing challenges facing South Africas mining sector costing the economy billions of http://x.com/i/article/2019446794460012544 http://x.com/i/article/2019446794460012544"
X Link 2026-02-05T18:39Z 50.3K followers, [----] engagements
"HIGH EARNERS SINK INTO DEBT South Africas higher earners are increasingly among the countrys most financially stretched consumers despite easing inflation and interest rate cuts. According to DebtBusters latest Q4 [----] Debt Index rising living costs over the past decade have far outpaced income growth forcing record numbers of people to rely on high-interest loans. ZOOMING IN 1/ Consumers entering debt counselling now spend 71% of their take-home pay servicing debt with top earners using up to 85%. 2/ 96% of debt counselling applicants had a personal loan. 3/ 60% relied on one-month payday"
X Link 2026-02-06T06:56Z 50.2K followers, 14.6K engagements
"TOP [--] BUSINESS NEWS THIS WEEK 10/ BELGIAN COMPANIES TO SUPPORT TRANSNET 09/ CAPITEC TO ADD MORE ATM MACHINES 08/ MINIMUM WAGE TO INCREASE IN MARCH 07/ RAND WATER SOUNDS ALARM 06/ RISKS IDENTIFIED IN LESOTHO WATER PROJECT 05/ ESKOM RAISES PAY OFFER FOR WORKERS 04/ TYME BANK HAS REBRANDED 03/ GAUTENG SECURES R2BN PROJECT 02/ WE BUY CARS BROTHERS CASH IN R860M 01/ SA SECURES R175BN FUNDING PACKAGE More business news - http://businessexplainer.co.za https://h7.cl/1jm1Z https://h7.cl/1ooIH https://h7.cl/1jm2t https://h7.cl/1ooIY https://h7.cl/1jl-x https://h7.cl/1ooJj https://h7.cl/1jl-W"
X Link 2026-02-08T14:04Z 50.3K followers, [----] engagements
"CREATING FUTURE JOBS South Africas renewable energy sector is becoming a major source of youth employment with research projecting up to [------] jobs by [----]. Solar energy alone could create about [------] roles across technical and business fields. To achieve this the industry needs engineers finance specialists legal professionals and project managers to deliver large-scale energy projects. Companies are also expanding graduate and vocational programmes to help young people gain practical skills. These projects also support long-term community development creating jobs and training"
X Link 2026-02-09T08:04Z 50.3K followers, [----] engagements
"ONLINE GAMBLING HITS GROCERY SALES The rapid growth of online gambling in South Africa is beginning to affect everyday household spending particularly on groceries. Research shows many consumers are redirecting money meant for essentials towards betting platforms driven mainly by the hope of winning cash. Data suggest players often lose more than they win placing further pressure on household finances. A CLOSER LOOK 1/ South Africas online gambling market doubled in size between [----] and [----]. 2/ South Africans spend an average of R2000R3500 per month on betting platforms. 3/ Among young"
X Link 2026-02-10T06:40Z 50.2K followers, [----] engagements
"AFAP NAMES CEO TO DRIVE GROWTH The African Fertilizer and Agribusiness Partnership has appointed James Mutonyi as its new CEO. With more than [--] years of experience in agricultural development Mutonyi has worked with governments and international agencies to improve food systems and support smallholder farmers. Full story - https://ln.run/uqG3h https://ln.run/uqG3h"
X Link 2026-02-10T07:29Z 50.2K followers, [----] engagements
"GOVERNMENT PAYROLL INCREASES Namibias public service workforce grew to [------] employees by the end of [----] according to Prime Minister Dr Tjitunga Elijah Ngurare (pictured). The expansion comes as the public service already costs the state about N$35.4-billion annually reviving debate over the long-term sustainability of Namibias government wage bill. Full story - - @TheBriefLive https://ln.run/B00xa https://ln.run/B00xa"
X Link 2026-02-10T08:37Z 50.2K followers, [----] engagements
"CHECKERS CLAIMS TOP SPOT Checkers has reclaimed the top position in South Africas Q4 [----] brand rankings according to KLA and YouGovs latest Quarterly Buzz report. The study tracks consumer sentiment across more than [---] brands and shows strong gains for grocery and retail companies. Takealot ranked second while Woolworths and Shoprite also improved their positions. MTN returned to the top [--] after broad performance gains. Full report - Pictured - Pieter Engelbrecht CEO of Shoprite Holdings https://ln.run/IglJ4 https://ln.run/IglJ4"
X Link 2026-02-10T09:33Z 50.2K followers, [----] engagements
"BASF has created a new legal entity focused entirely on agriculture as part of a restructuring aimed at accelerating growth and innovation. The company plans to complete legal preparations by the end of [----] and pursue an initial public offering in [----]. Executives say the move will improve integration across seeds crop protection and digital farming while strengthening support for farmers. Members of the BASF global and regional executive: - Gustavo Palerosi-Cemeiro Senior Vice President Agricultural Solutions EMEA - Dr Murat Ayaz Vice President Agricultural Solutions EMEA South - David Leio"
X Link 2026-02-10T10:07Z 50.3K followers, [----] engagements
"UNPACKING THE NEW VW T-ROC Volkswagen will launch the second-generation T-Roc in South Africa in the second half of [----] strengthening its compact SUV line-up. A closer look - https://ln.run/qQoGq https://ln.run/qQoGq"
X Link 2026-02-10T13:21Z 50.2K followers, [----] engagements
"R420M FOR PREMIUM OFFICES Developers are investing heavily in Cape Towns office market as demand for premium workspace strengthens. Abland Property Developers has started construction on Canal Plaza a new P-grade office complex in Century City in partnership with GIMCO the Moolman Group and Blue Dawn Capital. Limited prime space and strong tenant demand are driving renewed confidence in Cape Towns commercial property sector. Full story - https://ln.run/DR7m4 https://ln.run/DR7m4"
X Link 2026-02-10T16:07Z 50.2K followers, [----] engagements
"Pepkor chief executive Pieter Erasmus has sold shares worth R531-million through an associated investment vehicle Vista Treasury as part of a portfolio rebalancing. The sale involved [--] million shares traded over three days in early February. Despite the disposal Vista retains an indirect holding of [--] million Pepkor shares valued at about R1.05-billion. The shares originate from complex transactions linked to the [----] Steinhoff settlement. Full story https://ln.run/5Dsp4 PEPKOR CEO IN R300M TAX SHOWDOWN Pepkor CEO Pieter Erasmus is heading to the Supreme Court of Appeal to defend himself"
X Link 2026-02-10T17:57Z 50.2K followers, 40.5K engagements
"WOMEN STRESS MORE ABOUT MONEY A new JustMoney survey shows a clear gender gap in financial wellbeing with 42% of women reporting financial stress compared with 34% of men. Women are more likely to prioritise essentials and shop for discounts often reflecting lower average incomes and higher financial pressure. The research highlights how money differences can affect relationships urging couples to have open conversations about budgeting debt and long-term goals. Full research - https://ln.run/zQOGX https://ln.run/zQOGX"
X Link 2026-02-10T18:19Z 50.2K followers, [----] engagements
"NEW HIGH-END PRADO ARRIVES Toyota South Africa has introduced a new high-end VX-L grade to its Land Cruiser Prado line-up expanding the model range to three variants and targeting buyers seeking more comfort and refinement. The VX-L is designed mainly for urban driving while retaining the Prados off-road capability. Prices range from just over R1.3-million to R1.5-million. More details - https://ln.run/Llz46 https://ln.run/Llz46"
X Link 2026-02-10T19:19Z 50.2K followers, [----] engagements
"Coronation Fund Managers has appointed long-serving executive Aimee Rhoda as its new CFO filling the vacancy through an internal promotion that reinforces the asset managers emphasis on continuity and employee ownership. The company which oversees R800-billion in assets under management confirmed that Rhoda assumed the role with immediate effect following the departure of former CFO Mary-Anne Musekiwa. Rhoda a chartered accountant who joined Coronation in [----] has held senior positions spanning finance tax and remuneration. Full profile - https://ln.run/2Z8yD TOP FEMALE EXECUTIVE BIDS"
X Link 2026-02-11T05:21Z 50.3K followers, [----] engagements
"SPOTIFY PROFITS TRIPLE Spotify reported strong quarterly results as profits tripled and user growth reached record levels. The streaming company expanded to [---] million monthly active users in the final quarter adding [--] million users while paying subscribers increased to [---] million. Net income rose to 1.17-billion supported by higher subscription prices and steady demand. Revenue climbed 7% to 4.5-billion and shares rose about 15% after the announcement. Despite recent global price increases subscriber growth remained resilient. The quarter was the first under Spotifys new co-chief"
X Link 2026-02-11T06:12Z 50.2K followers, [----] engagements
"LULA SCORES R340M FUNDING South African fintech company Lula has raised R340-million in new funding from Dutch development bank FMO to expand its digital lending platform for small businesses. The capital will help the company scale its lending services and extend working capital to micro small and medium enterprises that often struggle to access traditional bank finance. Founded in [----] Lula uses automated technology and artificial intelligence to assess credit and manage cash flow. The funding follows a previous R570-million round in [----]. Full story - Pictured - Trevor Gosling and Neil"
X Link 2026-02-11T07:33Z 50.3K followers, 10.8K engagements
"NERSA APPROVES ELECTRICITY PRICE HIKE South Africas energy regulator has approved new electricity tariff increases that will raise consumer power bills over the next two years. NERSA authorised an 8.76% price increase from April this year followed by a further 8.83% rise in April [----] after recalculating Eskoms allowed revenue under a court-ordered review. NERSA said the phased approach aims to support Eskoms financial stability while limiting sudden shocks for customers. No retrospective tariff adjustments will be applied for the current financial year. Full story - https://ln.run/y_wRZ"
X Link 2026-02-11T08:22Z 50.3K followers, 73.1K engagements
"ABSA APPOINTS M-PESA EXECUTIVE Absa has appointed M-Pesa executive Sitoyo Lopokoiyit to head its personal and private banking division as it accelerates digital transformation and Pan-African growth. Approved by the South African Reserve Bank he joins from Safaricom where he helped expand M-Pesa into a platform serving over [--] million users and processing about $1-billion daily. His fintech experience supports Absas push to modernise retail banking. The appointment forms part of a broader leadership overhaul under chief executive Kenny Fihla whose strategy focuses on operational efficiency"
X Link 2026-02-11T08:50Z 50.3K followers, 13.8K engagements
"ANGLO AMERICAN BETS R600M IN SA Anglo American will be investing R600-million to South Africas Junior Mining Exploration Fund to revive early-stage mineral exploration and support smaller mining companies. Announced at the Mining Indaba in Cape Town the funding builds on an initial R400-million from government partners. The fund provides convertible grants to junior miners exploring key minerals such as copper and lithium. Full details - Pictured - Duncan Graham Wanblad Anglo American CEO https://ln.run/2uKOw https://ln.run/2uKOw"
X Link 2026-02-11T10:12Z 50.3K followers, 15.9K engagements
"FERRARI BUILDS FIRST ELECTRIC SUPERCAR Ferrari is preparing to launch its first fully electric car marking a major shift for the luxury sports car maker as it expands into the EV market. The model named Luce will be officially unveiled in May and is being developed entirely in-house including its battery and electric drivetrain. Ferrari says the vehicle is designed to deliver a distinct driving experience while staying true to the brands performance identity. Full details - https://ln.run/W9_CY https://ln.run/W9_CY"
X Link 2026-02-11T14:34Z 50.2K followers, [----] engagements
"NO FUNDS TO COVER THE ELECTIONS South Africas public broadcaster SABC has warned it may struggle to deliver full coverage of the upcoming local government elections after National Treasury rejected a request for R120-million in additional funding. The SABC told Parliament it lacks the resources to provide nationwide reporting voter education and regulated airtime for hundreds of political parties. Full story - Pictured - Nomsa Chabeli SABC Group CEO https://ln.run/cswZr https://ln.run/cswZr"
X Link 2026-02-11T17:12Z 50.3K followers, 80.9K engagements
"RAND STRENGTH HITS BOTSWANA Botswanas pula has weakened against the South African Rand raising concerns about pressure in the foreign exchange market. Bank of Botswana data show the currency fell by a per cent in the fourth quarter ending the year at ZAR1.29 to BWP1.00. Because Botswana relies heavily on imports from South Africa Rand fluctuations directly affect domestic prices. Full story - https://ln.run/MkisE https://ln.run/MkisE"
X Link 2026-02-11T18:32Z 50.2K followers, 45.2K engagements
"USERS CAN DELETE PERSONAL INFO FROM GOOGLE Google has expanded its Search privacy tools to help users remove more types of sensitive personal information strengthening protections against identity theft and online abuse. Google has also simplified the process for removing non-consensual explicit images allowing multiple reports through one dashboard. Full story - https://ln.run/nzAGS https://ln.run/nzAGS"
X Link 2026-02-11T19:08Z 50.2K followers, [----] engagements
"ZIMBABWE A STEP CLOSER TO IMF FINANCING Zimbabwe has reached a staff-level agreement with the International Monetary Fund (IMF) on a Staff Monitored Programme aimed at stabilising the economy and advancing debt resolution. The country carries US$13.6-billion in external debt including US$7.4-billion in arrears which has blocked access to new multilateral funding. The 10-month programme will track reforms in fiscal policy monetary management and governance to build credibility with creditors. The IMF expects Zimbabwe's economic growth to reach 5% in [----]. Full story - Pictured - Prof. Mthuli"
X Link 2026-02-12T05:38Z 50.2K followers, [----] engagements
"CEO RETIRES AFTER [--] YEARS Sean Walsh has retired as CE of KAL Group after nearly [--] years while continuing to serve as Chairperson of Agbiz until its June congress. Appointed in [----] Walsh oversaw a period of expansion and transformation at KAL and built a career spanning operations logistics manufacturing and agribusiness leadership. He has also played a key role at Agbiz for more than a decade. Agbiz CE Theo Boshoff praised Walshs contribution to the organisation and the sector saying his leadership helped shape its strategy. Agbiz said further leadership updates will follow after its"
X Link 2026-02-12T06:26Z 50.2K followers, [----] engagements
"ABIATAL APPOINTED AS CEO The Public Accountants and Auditors Board of Namibia (PAAB) has appointed Olivia Abiatal a chartered accountant as its new CEO. Abiatal will lead the regulator and manage its day-to-day operations ensuring compliance with national laws and international accounting and auditing standards. The appointment supports PAABs mission to strengthen oversight of the profession and protect the public interest. Full details - - @TheBriefLive https://ln.run/lZwPI https://ln.run/lZwPI"
X Link 2026-02-12T09:01Z 50.2K followers, [----] engagements
"295000 YOUTH JOBS CREATED The Presidential Youth Employment Intervention (PYEI) says it has delivered almost [------] earning opportunities for young South Africans in the third quarter of the 2025/26 financial year from October to December [----]. Deputy Minister in the Presidency Nonceba Mhlauli (pictured) announced the results noting that the jobs included over [-----] work experience placements through partnerships with universities colleges and private firms plus more than [----] enterprise support initiatives via the National Youth Development Agency to promote youth entrepreneurship. More"
X Link 2026-02-12T13:01Z 50.2K followers, [----] engagements
"MERCEDES-BENZ PROFITS DROP BY HALF Mercedes-Benz Group reported a sharp fall in profitability for [----] with net profit declining to 49% lower than the previous year. This marked the lowest annual profit since the Covid-19 period driven by US tariff costs fierce competition in China and unfavourable currency movements. Full results - Pictured - Ola Kllenius Mercedes-Benz CEO https://ln.run/6BO6T https://ln.run/6BO6T"
X Link 2026-02-13T06:04Z 50.2K followers, [----] engagements
"BREWER EYES WORLD CUP FOR PROFITS Anheuser-Busch InBev delivered stronger-than-expected fourth-quarter results for [----] with underlying earnings per share rising 7.5% to $0.95 beating analyst predictions of $0.92. The company invested $7.4-billion in marketing gaining or holding share in most markets. It expects major [----] events (the Super Bowl Winter Olympics and FIFA World Cup) to drive strong category growth and help it outperform rivals. Full results - Pictured - Michel Doukeris AB InBev CEO https://ln.run/h219d https://ln.run/h219d"
X Link 2026-02-13T07:59Z 50.3K followers, [----] engagements
"HOW NAMIBIA IS TACKLING WATER SECURITY Namibia is stepping up its fight against drought and climate change by investing in groundwater desalination water reuse and advanced early-warning systems. Minister of Agriculture Water Fisheries and Land Reform Inge Zaamwani (pictured) announced these measures during the signing of a headquarters agreement with the Global Water Partnership Organisation (GWPO) which will establish its Secretariat in Windhoek. ZOOMING IN 1/ South Africa is a net exporter of water to Namibia with exports valued at approximately ZAR13.9 million in November [----] alone. 2/"
X Link 2026-02-13T09:45Z 50.2K followers, [----] engagements
"FAKE BOOZE ECONOMIC DANGERS South African Breweries has raised concerns over excise tax increases above inflation which are driving growth in the illicit and fake alcohol market causing major losses for the government and legitimate producers. The company part of Anheuser-Busch InBev accepts taxes aim to reduce alcohol harm but says excessive hikes widen the price gap pushing consumers toward untaxed illegal products sold at half the price. The fake alcohol market grew 55% in volume from [----] to [----] reaching R25.1-billion with the treasury losing R16.5-billion in taxes last year. Nearly one"
X Link 2026-02-13T10:03Z 50.3K followers, [----] engagements
"CELL C REPORTS STRONG RESULTS Cell C reported its first interim results as a Johannesburg Stock Exchange-listed company with revenue rising 1.8% to R5.68-billion for the six months to November [----]. Operating profit jumped sharply to R3.93-billion from R546.2-million in the prior period driven by Prepaid recovery and restructuring benefits. Full story - Pictured - Jorge Mendes Cell C CEO https://ln.run/Iu1_g https://ln.run/Iu1_g"
X Link 2026-02-13T13:01Z 50.3K followers, [----] engagements
"President Cyril Ramaphosa delivered his 10th State of the Nation Address (SONA) on Thursday [--] February [----]. This was his second SONA delivered under the Government of National Unity (GNU). Below is http://x.com/i/article/2022385189557805056 http://x.com/i/article/2022385189557805056"
X Link 2026-02-13T19:44Z 50.2K followers, [----] engagements
"TOP [--] BUSINESS NEWS THIS WEEK 10/ NERSA APPROVES ELECTRICITY PRICE HIKE 09/ CELL C REPORTS STRONG RESULTS 08/ ONLINE GAMBLING HITS GROCERY SALES 07/ RAND STRENGTH HITS BOTSWANA 06/ WHY HEINEKEN IS CUTTING [----] JOBS 05/ HULETT ON BRINK OF COLLAPSE 04/ BANKS UNDER FIRE OVER LOANS 03/ NO FUNDS TO COVER THE ELECTIONS 02/ BYD OVERTAKES FORD IN SALES 01/ TSHEPO MAHLOELE BUYS FLYSAFAIR More business news - http://businessexplainer.co.za https://2cm.es/1jPSq https://2cm.es/1oTyQ https://2cm.es/1oTxI https://2cm.es/1jPT2 https://2cm.es/1oTyI https://2cm.es/1oTyq https://2cm.es/1oTxU"
X Link 2026-02-15T04:01Z 50.3K followers, [----] engagements
"ON ILLEGAL MINING President Cyril Ramaphosa said "Children here in the Western Cape are caught in the crossfire of gang wars. People are chased out of their homes by illegal miners in Kagiso in Gauteng. To strengthen our fight against gang violence I am deploying the South African National Defence Force to support the police as we did to great effect with illegal mining. I have directed the Minister of Police and the SANDF to develop a tactical plan on where our security forces should be deployed within the next few days in the Western Cape and Gauteng to deal with gang violence and illegal"
X Link 2026-02-15T07:10Z 50.3K followers, [----] engagements
"ON GUN CRIME President Cyril Ramaphosa said "We are implementing an integrated strategy to address the root causes of crime through coordinated interventions across society We are going to tackle gun crime by streamlining legislation and regulations on licencing possessing and trading in firearms and ammunition. We will increase enforcement of existing gun laws." https://ln.run/HWXGg KIDNAPPED BUSINESSMAN RESCUED A kidnapped businessman has been safely reunited with his family after a dramatic police operation. The SAPS Anti-Kidnapping Task Team rescued him in Alexandra shortly after midnight"
X Link 2026-02-15T09:15Z 50.3K followers, [----] engagements
"CHINA ANNOUNCES NEW NAMIBIA GRANT China has announced a new grant for Namibia to fund jointly agreed development projects reinforcing long-standing ties between the two countries. The announcement was made by Chinas Ambassador to Namibia Zhao Weiping during the handover of a Satellite Ground Data Receiving Station. He said China remains committed to supporting Namibias socio-economic goals and plans to roll out additional assistance projects this year. Full story - - @TheBriefLive https://ln.run/7pJYm https://ln.run/7pJYm"
X Link 2026-02-15T10:13Z 50.3K followers, [----] engagements
"ON THE ILLICIT ECONOMY President Cyril Ramaphosa said "We are addressing the threat posed by the infiltration of illegal and counterfeit goods to South African jobs and industry. We are establishing a national illicit economy disruption programme that brings together key state agencies and other stakeholders including the private sector. Through effective use of data analytics and AI we will be targeting high-risk sectors like tobacco fuel alcohol and other counterfeit products." https://ln.run/HWXGg FAKE BOOZE ECONOMIC DANGERS South African Breweries has raised concerns over excise tax"
X Link 2026-02-15T11:14Z 50.3K followers, [----] engagements
"VODACOM NAMES NEW EXECUTIVE Vodacom has appointed Kgabo Seopa as Managing Executive: Products & Solutions for Vodacom Business South Africa. He brings more than [--] years of experience in technology and telecommunications having held senior roles at companies including Huawei HPE Aruba Networks Cisco Nokia SITA and Internet Solutions. Full profile - https://ln.run/HzaYm https://ln.run/HzaYm"
X Link 2026-02-15T12:12Z 50.3K followers, [----] engagements
"ON TENDERS AND PROCUREMENT President Cyril Ramaphosa said "The majority of incidents of corruption originate in the procurement system. We cannot allow this cancer to continue and we must therefore act. Measures will include the use of technology and the finalisation of new Public Procurement Act regulations by mid-2026. Let this message be clear: there will be no impunity for acts of corruption and criminality." https://ln.run/HWXGg NEW WEAPON TO FIGHT TENDER CORRUPTION The National Treasury has launched an online platform that allows the public to scrutinise government tenders in"
X Link 2026-02-15T13:15Z 50.3K followers, [----] engagements
"ON RAIL & PORT PARTNERSHIPS President Cyril Ramaphosa said "We have begun to turn around the performance of our rail system and ports so that our businesses can get their products to global markets. We have now enabled private rail operators to access our network which will allow different rail companies to compete and move volumes from road to rail. Later this year we will initiate major public-private partnerships in our port terminals and rail corridors through a concession model that preserves public ownership while mobilising private investment and expertise." https://ln.run/HWXGg"
X Link 2026-02-15T17:13Z 50.3K followers, [----] engagements
"SA MONEY FLOWS TO MAURITIUS South Africans are increasingly building wealth beyond local borders with Mauritius emerging as a leading offshore property destination. South Africans are now the second-largest group of foreign buyers on the island. Full story - https://ln.run/v1SOS https://ln.run/v1SOS"
X Link 2026-02-15T18:16Z 50.3K followers, [----] engagements
"ON MANUFACTURING President Cyril Ramaphosa said "We have a diverse economy high-quality manufacturing facilities and strong regulatory frameworks. We are strengthening our capacity for trade negotiations and expanding our missions abroad to drive economic diplomacy. Amid the turmoil in the global economy we are supporting our established industries in the face of strong headwinds. We have moved to revive our ferrochrome industry and to protect jobs in our steel automotive and other sectors which employ hundreds of thousands of South Africans in good quality jobs. We are working with"
X Link 2026-02-15T19:00Z 50.3K followers, [----] engagements
"ON AGRICULTURAL EXPORTS President Cyril Ramaphosa said "We are opening new markets for our exports from citrus and avocados to maize livestock grapes and wine. Through the Blended Finance Scheme working with the Land Bank and commercial banks we have provided R7.8-billion in innovative funding to Black producers. We will deploy [-----] new extension officers to support farmers and improve agricultural productivity. This will give rise to many opportunities for young people to be employed in the agricultural sector. https://ln.run/HWXGg South Africas wine exports remained resilient despite"
X Link 2026-02-16T03:06Z 50.3K followers, [----] engagements
"ON BEE FRAMEWORK President Cyril Ramaphosa said "The transformation of our economy is necessary to drive sustained growth reduce inequality and correct the injustices of the past. We are undertaking a review to refine realign and strengthen our Broad-Based Black Economic Empowerment framework to ensure that it supports greater transformation and inclusive growth. All of these actions will create a stronger economy and fix the foundations that were broken." https://ln.run/HWXGg GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a"
X Link 2026-02-16T05:12Z 50.3K followers, [----] engagements
"ON LIMITING ALCOHOL ADS President Cyril Ramaphosa said "Excessive alcohol consumption can affect a childs development during pregnancy and alcohol abuse leads to violence road accidents and crime. To address this scourge we call on provincial governments to strengthen the regulation of alcohol by limiting the density of liquor outlets restricting trading hours and ending the sale of alcohol in large containers. As national government we have proposed measures to curb excessive alcohol use including minimum unit pricing or higher excise duties and greater restrictions on alcohol advertising"
X Link 2026-02-16T07:14Z 50.3K followers, [----] engagements
"THIS WEEK'S BUSINESS EVENTS Stay informed. Stay ahead. https://ln.run/OYcao https://ln.run/OYcao"
X Link 2026-02-16T08:06Z 50.3K followers, [----] engagements
"FLYSAFAIR'S FUTRUE - WHAT YOU NEED TO KNOW FlySafair is in a legal battle with South Africa's aviation licensing authority over foreign ownership laws. The airlines Irish owner ASL Aviation increased its stake in Safair Investment Trust breaching regulations requiring 75% of voting rights to be held by South African citizens. FlySafair argues that trustees are South African residents but the authority insists that only natural persons can hold voting rights. This ruling could set a dangerous precedent potentially affecting 87% of domestic seat capacity. IASC Investigation - The International"
X Link 2025-01-15T09:52Z 50.3K followers, 311.8K engagements
"RAND WATER SOUNDS ALARM Gautengs three metros are using far more water than agreed with Rand Water. Combined daily consumption has climbed to about [--] [---] million litres up from last year and well above the [--] [---] million litre limit. Johannesburg is the biggest user at roughly [--] [---] million litres a day far beyond its target and at the highest level in a year. Ekurhulenis demand has risen week on week to around [--] [---] million litres close to but above its guideline. Tshwane has also surged to about [---] million litres exceeding its allocation and reversing brief reductions achieved in mid-2025."
X Link 2026-02-02T20:01Z 50.3K followers, 281.9K engagements
"BANKS UNDER FIRE OVER LOANS South African banks are facing possible regulatory scrutiny over how they lend to small businesses owned by historically disadvantaged groups. Bowmans a corporate law firm has warned that the Competition Commission may launch a market inquiry into whether lending practices create barriers for small and medium enterprises. Lawmakers have previously questioned banks on access to finance and economic inclusion. Full story - Pictured - Doris Tshepe Competition Commission Commissioner https://ln.run/poS2M https://ln.run/poS2M"
X Link 2026-02-12T07:16Z 50.3K followers, 36K engagements
"TRUMP PROMOTES COAL-GENERATED ELECTRICITY President Donald Trump has signed an executive order requiring the Pentagon to buy electricity from coal-fired power plants through long-term contracts. The decision aims to support the struggling coal industry and preserve coal energy assets for strategic reasons. At a White House event Trump praised coal workers and announced $175-million from the Department of Energy to upgrade six coal plants in five states. Full story - https://ln.run/0ThG9 https://ln.run/0ThG9"
X Link 2026-02-12T08:22Z 50.3K followers, [----] engagements
"LEADERSHIP SHAKE-UP AT VW AFRICA Volkswagen Group Africa has appointed Ryan Blumrick as Head of Volkswagen Commercial Vehicles. Blumrick brings nearly [--] years of experience within the Volkswagen Group having worked in South Africa China and Japan. He previously held senior sales and marketing roles at Audi South Africa led regional strategy at SAIC Volkswagen in Shanghai and most recently served as Marketing Director for Audi Japan. The company says his global exposure will help strengthen the commercial vehicles brand in Africa. Full story - https://ln.run/WzHgH https://ln.run/WzHgH"
X Link 2026-02-15T08:14Z 50.3K followers, [----] engagements
"BOTSWANA TARGETS TOP EARNERS Botswanas Finance Ministry is preparing to introduce a new top personal income tax band that would raise the marginal rate from 25% to 27.5% for individuals earning P33333 per month and above. The proposal is expected to be tabled in Parliament alongside planned increases in corporate tax and adjustments affecting firms operating in the International Financial Services Centre. Full story - Pictured - Ndaba Gaolathe Minister of Finance and Vice President of Botswana https://ln.run/ny10b https://ln.run/ny10b"
X Link 2026-02-15T14:14Z 50.3K followers, [----] engagements
"MINIMUM PAY Investec has set minimum pay for its SA employees at R21000 a month becoming the latest company in the financial services sector to disclose its minimum pay"
X Link 2024-07-01T06:37Z 50.3K followers, 578.8K engagements
"MERCEDES' PROFITS HIT THE BRAKES Mercedes-Benz reported a significant drop in profits for the third quarter falling over 50% to R33-billion down from R55-billion last year. Sales also declined by 7% to R522-billion with vehicle deliveries dropping 3% and luxury car sales down 12% globally. The company attributed these poor results to a tough market and intense competition in China a key market for them. More: https://tinyurl.com/yxuxzsxw https://tinyurl.com/yxuxzsxw"
X Link 2024-10-29T11:28Z 50.3K followers, 1.3M 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 2024-10-31T05:38Z 50.3K followers, 283K engagements
"CALL FOR APPLICATIONS: SEDFA FUNDING OPPORTUNITY Small Enterprise Development and Finance Agency (SEDFA) invites applications from South African-owned businesses including MSMEs and Sole Proprietors to apply for funding under our Asset Assist Programme. To qualify your company must be 100% South African-owned and registered with CIPC. Your business must be tax compliant and you should be employing at least 90% South African citizens. Apply here: (Pictured - Stella Ndabeni-Abrahams Minister of Small Business Development) https://tinyurl.com/2pdwur97 https://tinyurl.com/2pdwur97"
X Link 2025-01-21T13:03Z 50.3K followers, 172.5K engagements
"ROBERT GUMEDE'S SWEET VICTORY The High Court has dismissed RSG Group's attempt to block Vision Group's acquisition of Tongaat Hulett allowing the business rescue process to move forward without legal obstacles. RSG Group had sought an urgent interdict claiming Vision failed to secure the necessary funding. However the court found no grounds for urgency and ordered RSG to cover the costs of the application. Vision Group plans to pay R8.5-billion to creditors for Tongaat Hulett's sugar assets which is vital for the rescue operation initiated in [----] following questionable bookkeeping practices."
X Link 2025-02-19T13:17Z 50.3K followers, 85.7K engagements
"TOP FEMALE EXECUTIVE BIDS FAREWELL Coronation Fund Managers has announced that its Chief Financial Officer Mary-Anne Musekiwa will step down in November [----] to pursue an international opportunity. Musekiwa (pictured) one of South Africas leading women in finance joined Coronation in [----] 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 31% to 52%. With 42% of assets now managed by Black professionals her departure is. https://rb.gy/4v3o6g https://rb.gy/4v3o6g"
X Link 2025-06-09T12:24Z 50.3K followers, 20.4K engagements
"TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN sugar mills - Maidstone Amatikulu and Felixton - now ranked South Africas best in sugar recovery. This sweet turnaround follows a R1.45-billion capital boost from the Industrial Development Corporation used to overhaul ageing infrastructure upgrade refineries and retrain staff. CEO Gavin Dalgleish (pictured) credits the shift from patchwork fixes to sustainable performance for the success. Growers and industry bodies are singing praises calling the mills more reliable than ever with record crystal recovery and"
X Link 2025-07-04T13:04Z 50.3K followers, 107.7K 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 [--] 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 https://tinyurl.com/4ybddkn7"
X Link 2025-08-21T16:37Z 50.3K followers, [----] engagements
"SASOL REPORTS R6.8BN PROFIT Sasol has staged a stunning comeback reporting a R6.8-billion profit in [----] after a heavy R44.3-billion loss last year. Its shares have soared 39% 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 - https://tinyurl.com/53nnrju7"
X Link 2025-08-25T16:50Z 50.3K followers, 294.6K 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 [--] million clients and expanding to nearly [---] branches and [----] 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 [----] to R13.7-billion and its strong appeal to the youth market"
X Link 2025-08-27T13:13Z 50.3K followers, 703.3K engagements
"NERSA ADMITS R54BN ELECTRICITY MISTAKE South Africas energy regulator Nersa has apologised for a R54-billion miscalculation in electricity tariffs which will push power prices higher than planned. The error described as a data input mistake was detected by Eskom but went uncorrected for months. As a result tariffs will now rise by 8.76% instead of 5.36% next year and 8.83% instead of 6.19% the following year. Since [----] electricity costs have already risen eightfold burdening households and industries. Pictured - Nersa CEO Advocate Nomalanga Petronella Sithole Full story -"
X Link 2025-09-11T05:11Z 50.3K followers, 393.9K engagements
"LEGISLATION TO BAN ALCOHOL ADS The Economic Freedom Fighters (EFF) have tabled a Private Members Bill to ban all alcohol advertising in South Africa. The proposed Liquor Amendment Bill led by MP Veronica Mente would prohibit adverts promotions product placements and sponsorships tied to alcohol brands. The EFF argues that alcohol marketing glamorises drinking even influencing children while fuelling social problems such as gender-based violence road deaths and strained healthcare services. The party has called on Parliament civil society and communities to back the legislation insisting it"
X Link 2025-09-11T07:39Z 50.3K followers, 17.7K engagements
"NISSAN DECIDES TO STAY IN SOUTH AFRICA Nissan has reaffirmed its commitment to South Africa with a focus on boosting Navara production at its Rosslyn plant in Pretoria. Despite global restructuring plans that could see plant closures elsewhere Nissan confirmed South Africa remains its continental headquarters. Managing director Maciej Klenkiewicz (pictured) said Navara output will rise 20% in [----] driven by strong local sales and new export markets such as Egypt. Full story - https://tinyurl.com/y3mnyxdh https://tinyurl.com/y3mnyxdh"
X Link 2025-09-11T08:11Z 50.3K followers, 279.5K 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 [----]. 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 [--] days of outages compared with [---] 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 2025-09-30T12:03Z 50.3K followers, 240K 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 [---] law firms received duplicate payments totalling R340-million with some now repaying the money. Investigators say RAF executives obstructed the probe exposing"
X Link 2025-10-14T07:36Z 50.3K followers, 216K engagements
"SA MARKS HISTORIC HIV BREAKTHROUGH South Africa has become the first country in Africa to approve Lenacapavir a groundbreaking twice-yearly injection by Gilead Sciences that prevents HIV infection. Approved by the South African Health Products Regulatory Authority (SAHPRA) Lenacapavir demonstrated near-complete efficacy in global clinical trials offering new hope in a nation where millions live with HIV. Supported by a R513-million Global Fund grant rollout begins in April [----] targeting vulnerable groups including pregnant and breastfeeding women men who have sex with men and sex workers."
X Link 2025-10-28T05:07Z 50.3K followers, 316.7K engagements
"MINIMUM PAY FirstRand has lifted its minimum annual salary for South African employees from R215000 to R260000 - a 20.9% increase (equivalent to R21666 per month) - setting a new benchmark in the banking sectors growing pay race. The move surpasses similar hikes by Nedbank Absa and Standard Bank reflecting fierce competition for skilled professionals during widespread talent shortages. Beyond boosting entry-level wages FirstRand also disclosed its internal pay gap highlighting growing transparency across major banks ahead of new legal disclosure requirements. For FirstRand encompassing FNB"
X Link 2025-10-30T09:03Z 50.3K followers, 419.3K engagements
"SCRAP STEEL FOR CASH HAS BEEN BANNED South Africa has outlawed cash transactions in the scrap steel trade as part of tighter anti-money-laundering controls following its recent removal from the FATF greylist. The International Trade Administration Commission announced the move after a year-long review of the scrap pricing system also cutting local buyer rebates from 30% to 25%. All payments must now pass through formal banking channels for traceability. While the policy strengthens oversight and transparency recycling associations argue it hurts smaller operators and the broader scrap value"
X Link 2025-11-07T14:04Z 50.3K followers, 97K engagements
"HABANAS PAY-ME-NOW POWERS AHEAD Bryan Habanas earned wage access platform PayMeNow has doubled its user base to over [------] employees across more than [---] organisations in South Africa reflecting increasing demand for cash flow solutions. Founded in [----] the fintech allows workers to access part of their earned salaries before payday easing financial strain and promoting savings. Backed by R450-million from Rand Merchant Bank and $22-million from Standard Bank PayMeNow has expanded into Zambia Namibia and Pakistan. Full details - https://tinyurl.com/2u8u8y7n https://tinyurl.com/2u8u8y7n"
X Link 2025-11-08T06:04Z 50.3K followers, 255.8K engagements
"GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a two-phase review of Broad-Based Black Economic Empowerment (B-BBEE) legislation aimed at addressing weaknesses in the current framework while preserving the constitutional goal of redress. The review aims to boost real job creation support inclusive growth and address concerns that the current system benefits too few people. WHAT YOU NEED TO KNOW 1/ Broad-Based Black Economic Empowerment (B-BBEE) legislation was first enacted by the South African government in [----] with the"
X Link 2025-12-01T10:45Z 50.3K followers, 136.5K engagements
"ILLEGAL CIGARETTES FORCE BAT CLOSURE British American Tobacco will close its only manufacturing plant in South Africa by the end of [----] resulting in the loss of around [----] jobs. The Heidelberg facility in Gauteng currently operates at just [--] percent capacity due to illegal cigarettes which now hold 75% of the market. This marks the end of over [--] years of local cigarette production. The company will continue serving the market through imports while keeping its Johannesburg Stock Exchange listing. A CLOSER LOOK 1/ The Heidelberg plant is the eighth-largest factory in BATs global network. 2/"
X Link 2026-01-15T10:38Z 50.3K followers, 219.6K engagements
"South Africa has enrolled the first participant in the BRILLIANT [---] first-in-human HIV vaccine trial at Groote Schuur Hospital in Cape Town. The study is being run by the South African Medical Research Council with the Desmond Tutu HIV Foundation and the Wits Health Consortium. It is testing two new vaccine components combined with an adjuvant to study immune responses. The trial forms part of the BRILLIANT Consortium which brings together researchers from several African countries. Full story - Pictured - SA Health Products Regulatory Authority (Sahpra) CEO Boitumelo Semete-Makokotlela"
X Link 2026-02-05T10:05Z 50.3K followers, 24K engagements
"TSHEPO MAHLOELE BUYS FLYSAFAIR Harith General Partners has agreed to buy full ownership of FlySafair South Africas largest domestic airline expanding its transport and infrastructure investments. The deal completed through Harith Aviation follows a long shareholder exit process although the price was not disclosed. FlySafair controls about 67% of domestic seat capacity and operates a fleet of more than [--] aircraft highlighting its strong market position. The acquisition revives Hariths ambition to own an airline after its failed South African Airways bid in [----]. FlySafairs management will"
X Link 2026-02-10T13:14Z 50.3K followers, 442.8K engagements
"SA CAR MARKET IS NO LONGER THE SAME South Africas car market is shifting quickly according to [----] demand data from. Affordable vehicles and Chinese brands are gaining strong momentum while traditional luxury brands are losing ground. Chinese marques such as Chery Omoda and Jetour recorded major ranking gains reflecting rising appetite for value-focused options. At the same time several premium and niche brands fell sharply or exited the top rankings. Full stats - https://ln.run/mfhRA https://ln.run/mfhRA"
X Link 2026-02-10T15:11Z 50.3K followers, 18.8K engagements
"WHY HEINEKEN IS CUTTING [----] JOBS Heineken plans to cut up to [----] jobs (nearly 7% of its [-----] global workforce) over the next two years as beer demand remains weak. The Dutch brewer the worlds second-largest by market value is also forecasting slower profit growth in [----]. In South Africa Heineken recently partnered with Soufflet Malt to build a R2-billion malting facility in Midvaal Gauteng marking a major investment in South Africas brewingandagriculturalvaluechain. Heinekens beer volumes fell by 1.2% in the prior year yet net revenue grew by 1.6% to [----] billion euros supported by"
X Link 2026-02-12T10:11Z 50.3K followers, 12.4K engagements
"JUST IN Tongaat Hulett is on the brink of collapse after its business rescue practitioners announced they have exhausted all reasonable options to save the company. Full story - https://ln.run/ZYD_s TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN sugar mills - Maidstone Amatikulu and Felixton - now ranked South Africas best in sugar recovery. This sweet turnaround follows a R1.45-billion capital boost from the Industrial Development https://t.co/6SrnfGzV2E https://ln.run/ZYD_s TONGAAT'S SWEET COMEBACK Tongaat Hulett is rewriting its legacy with its three KZN"
X Link 2026-02-12T11:33Z 50.3K followers, 70.4K engagements
"BYD OVERTAKES FORD IN SALES Ford Motor Company sold just under [---] million vehicles globally in [----] down nearly 2% from the prior year trailing BYD's [---] million units. This marks the first time BYD has outpaced Ford lifting the Chinese firm to sixth in worldwide rankings while Ford falls to seventh. Full stats - https://ln.run/tkZmj https://ln.run/tkZmj"
X Link 2026-02-13T07:06Z 50.3K followers, 47.3K engagements
"ON THE LESOTHO WATER PROJECT President Cyril Ramaphosa said "We have committed R156-billion in public funding for water and sanitation infrastructure alone over the next three years. The construction of the Lesotho Highlands Water Project and other large-scale projects like the Ntabelanga Dam part of the Mzimvubu Water Project in the Eastern Cape is advancing. And we are in the final stages of establishing a National Water Resource Infrastructure Agency to effectively manage the countrys water infrastructure and to mobilise funding for water infrastructure. However the real challenge lies not"
X Link 2026-02-15T15:13Z 50.3K followers, 10.9K engagements
"FSCA UNDER PRESSURE OVER FIN-FLUENCERS South Africas Financial Sector Conduct Authority is facing mounting scrutiny over the growing number of financial influencers after its Consumer Advisory Panel formally raised concerns in its first annual report. The regulator is reviewing how so-called finfluencers fit within the Financial Advisory and Intermediary Services Act which prohibits unauthorised financial advice. This has raised questions about whether social media personalities promoting investment products could be breaching regulatory requirements. Full story - Pictured - FSCA Commissioner"
X Link 2026-02-15T16:18Z 50.3K followers, 12.3K engagements
"TELKOM DATA DRIVES PROFIT GROWTH Telkom reported improved third-quarter earnings driven by strong data growth and cost control. Group revenue rose 1.3% to R11.1-billion while data revenue increased 9.6% to R6.86-billion contributing over 60% of total revenue. Mobile remained the key growth driver with service revenue up 7.2% and data revenue rising 12.9%. Active subscribers exceeded [--] million. Full results - Pictured - Serame Taukobong Telkom CEO https://ln.run/p912L https://ln.run/p912L"
X Link 2026-02-16T06:43Z 50.3K followers, [----] engagements
"WATCHDOG TARGETS STEEL BUYERS The Competition Commission has raided four Gauteng scrap metal buyers over suspected price fixing. Scaw South Africa Cape Gate Shaurya Steel and Unica Iron and Steel are accused of coordinating purchase prices for processed scrap used in long steel production. Investigators believe the firms announced similar price increases at the same time potentially breaching the Competition Act. If found guilty they could face fines of up to 10% of annual turnover. Full story - https://ln.run/dwjua SCRAP STEEL FOR CASH HAS BEEN BANNED South Africa has outlawed cash"
X Link 2026-02-16T09:10Z 50.3K followers, [----] engagements
"ON ELIMINATING HIV President Cyril Ramaphosa said "As a nation we are finally able to imagine a country without AIDS. In support of our programmes to prevent and ultimately eliminate HIV we will be undertaking a massive rollout of Lenacapavir a 6-monthly injection that has proven highly effective in preventing transmission of HIV." https://ln.run/HWXGg South Africa has enrolled the first participant in the BRILLIANT [---] first-in-human HIV vaccine trial at Groote Schuur Hospital in Cape Town. The study is being run by the South African Medical Research Council with the Desmond Tutu HIV"
X Link 2026-02-16T09:16Z 50.3K followers, 15.2K engagements
"NAMIBIA COULD EXIT GREY LIST SOONER Namibia could be removed from the Financial Action Task Force grey list in June [----] after addressing [--] weaknesses in its anti-money laundering and counter-terrorism financing framework. The Financial Intelligence Centre said the FATF made an initial finding that the country had largely completed its action plan following greylisting in February [----]. An on-site assessment is scheduled for April to confirm implementation before a final decision. Authorities say preparations are under way to ensure readiness for the review process. Full details - Pictured -"
X Link 2026-02-16T10:29Z 50.3K followers, [----] engagements
"BCX CEO TO STEP DOWN Telkoms enterprise IT subsidiary BCX will see CEO Jonas Bogoshi retire after seven years in the role with Hasnain Motlekar appointed acting chief executive from [--] March [----]. The leadership change comes as BCX faces revenue pressure. The division reported a 9.3% decline in quarterly revenue and a 5.9% drop year to date. Full story - https://ln.run/q-EUJ https://ln.run/q-EUJ"
X Link 2026-02-16T11:34Z 50.3K followers, 11.8K engagements
"NEDBANK LOWERS BANKING CHARGES Nedbank Namibia will cut several banking fees from [--] March [----] following its annual pricing review. The bank will reduce local debit card swipe fees on its Basic Bank account by 17% and remove internet banking subscription fees for youth accounts. It will also lower charges on its Silver Pay-As-You-Use account including reduced swipe and online banking fees while adding N$5000 funeral cover. The bank says the changes aim to improve affordability encourage digital banking use and support financial inclusion. Detailed story - - @TheBriefLive Pictured - Nedbank"
X Link 2026-02-17T05:04Z 50.3K followers, [----] engagements
"SAVE THE DATE Africas leading cannabis business gathering The CHEEBA Cannabis & Hemp Summit [----] will take place on [--] May at the Sandton Convention Centre. Held in partnership with The Cannabis Expo the event will unite cultivators investors regulators and supply-chain leaders from Africa Europe and the United States. More than [--] speakers will address policy investment and market expansion under the theme Africas Gateway to the Global Cannabis Economy. Delegates will also access the broader Cannabis Expo which attracts over [-----] attendees. Organisers say the summit aims to connect African"
X Link 2026-02-17T06:04Z 50.3K followers, [----] engagements
"ITHALA GETS LAST-MINUTE LIFELINE KwaZulu-Natal Premier Thamsanqa Ntuli (pictured) has welcomed the possible withdrawal of a court application to liquidate Ithala SOC Limited and Ithala Bank. The application was brought by the Prudential Authority and the Repayment Administrator Johan Kruger. Ntuli said the development follows months of negotiations led by the provincial government to protect the state-owned lender. The matter was escalated to national level including discussions with President Cyril Ramaphosa. Full story - https://ln.run/JA4Dv https://ln.run/JA4Dv"
X Link 2026-02-17T07:03Z 50.3K followers, [----] engagements
"TOWNSHIP TRADERS REJECT FEE HIKE The Gauteng Liquor Traders Association (GLTA) has rejected proposed liquor licence fee increases warning they will harm township-based micro and small businesses. GLTA says traders already face long approval backlogs costly renewals and regulatory confusion with some applications delayed up to two years. Many pay about R6000 annually while struggling with zoning rules and fraudulent licences. The association argues higher fees will push more operators into informality and widen the gap between small traders and large supermarket chains. Instead the association"
X Link 2026-02-17T08:03Z 50.3K followers, [----] engagements
"SOUTH AFRICA LEADS AFRICA DEALS African mergers and acquisitions remained strong in [----] with inbound deal value rising more than 40% year on year. Outbound deals from Africa increased by 85% in value despite slightly fewer transactions. South Africa led the continent accounting for 35% of total deal value followed by Kenya and Egypt. Full report - https://ln.run/FDeNt https://ln.run/FDeNt"
X Link 2026-02-17T10:04Z 50.3K followers, 10.4K engagements
"SELF-SERVICE TILLS WON'T LEAD TO JOB LOSSES Woolworths South Africa has launched its first self-service checkout pilot allowing customers to scan and pay for items using a smartphone app. The trial is taking place at its Foreshore store in Cape Town and involves one Express Till. Woolies says no jobs will be lost with staff set to be upskilled and redeployed instead of replaced. Full story - Pictured - Woolworths CEO Roy Bagattini https://ln.run/EAFNg https://ln.run/EAFNg"
X Link 2026-02-17T19:36Z 50.3K followers, [----] engagements
"EXPLAINED - MTN R35BN DEAL MTN Group has agreed to buy the remaining 75% of IHS Holding it does not already own in R35bn cash deal. The transaction values the Nigerian-based tower company at $6.2bn and will see IHS delist from the New York Stock Exchange. IHS operates towers across several African markets where MTN is active and earns about 70% of its revenue from the telecoms group. MTN said full ownership will strengthen network control improve margins and boost cash flow as mobile data demand and 5G expansion continue across Sub-Saharan Africas growing markets. Full details - Pictured -"
X Link 2026-02-18T04:08Z 50.3K followers, 11.1K engagements
"MPHAMB0 TAKES HELM AT LAND BANK The Land and Agricultural Development Bank of South Africa has appointed Jabu Mphambo as acting chief executive with immediate effect following the resignation of Themba Rikhotso. Rikhotso will remain at the bank until the end of April [----] during his notice period. Mphambo joined in November [----] as chief banking officer and oversees key portfolios. The board said the appointment ensures stability as the bank strengthens capital expands lending and supports South Africas agricultural sector. Full profile - https://ln.run/MPm5u https://ln.run/MPm5u"
X Link 2026-02-18T05:04Z 50.3K followers, [----] engagements
"UK VISAS NOW AT DISCOVERY Discovery Bank has opened a dedicated UK visa application centre at its Discovery Store in Sandton Johannesburg in partnership with VFS Global. The service aims to simplify the visa process for clients as outbound travel demand grows. The UK remains the top international destination for Vitality Travel users with more than [-----] members and their families flying between South Africa and the UK in [----]. Full story - Pictured - Discovery Bank CEO Hylton Kallner https://ln.run/arHjE https://ln.run/arHjE"
X Link 2026-02-18T06:04Z 50.3K followers, 32.8K engagements
"MTC NAMES NEW BOARD CHAIR Mobile Telecommunications Limited (MTC) has appointed Trophimus Hiwilepo as Chairperson of its Board of Directors. He succeeds the late Theofelus Mberirua whose passing was announced in November [----]. The MTC board thanked Mercia Geises for serving as Acting Chairperson. Full story - - @TheBriefLive https://ln.run/NMJMh https://ln.run/NMJMh"
X Link 2026-02-18T07:02Z 50.3K followers, [----] engagements
"STARLINK PUTS PRESSURE ON ICASA Starlink has intensified its public campaign to secure an operating licence in South Africa launching a dedicated advocacy page aimed directly at consumers and policymakers. The satellite internet provider is challenging empowerment rules that require 30% local ownership proposing instead an equity equivalent investment model. Central to its campaign is a conditional R500-million pledge to connect [----] rural schools. Regulatory approval remains uncertain as Icasa follows formal processes that could take years. With services already live in most neighbouring"
X Link 2026-02-18T08:03Z 50.3K followers, 41.1K engagements
"NEW RULES FORCE MOTSEPE TO STEP DOWN Patrice Motsepe has stepped down as Executive Chairman of African Rainbow Minerals ending his role as an executive director with immediate effect. The decision follows new JSE listing rules which require company chairs to be non-executive. Motsepe will remain on the board as non-executive chairman ensuring compliance with strengthened governance standards. Full story - https://ln.run/VGPgg https://ln.run/VGPgg"
X Link 2026-02-16T17:10Z 50.3K followers, 153.1K engagements
"ANOTHER COMPANY ENTERS ELECTRICITY MARKET Blu Label Unlimited has become the latest private sector player to take on Eskoms dominance in the energy trading market. The JSE-listed prepaid specialist will now trade electricity through its subsidiary BluEnergy Trading. The move places Blu Label among private players entering a market such as Investec and Vodacom. A CLOSER LOOK 1/ Energy trading is no longer limited to utilities; private companies banks commodity traders and tech firms now buy and sell electricity through bilateral agreements and wholesale power markets. 2/ Independent Power"
X Link 2026-02-17T14:13Z 50.3K followers, 46.4K engagements
"NOAH TO HEADLINE STANDARD BANK CONFERENCE Standard Bank has confirmed that global comedian and producer Trevor Noah will headline its African Markets Conference in Cape Town from [--] to [--] February [----]. He will deliver a keynote address at the cocktail evening and participate in a fireside discussion on the power of Africas creative economy. The bank aims to mobilise global capital for infrastructure energy transition and trade under the African Continental Free Trade Area. Full details - https://ln.run/WJjuc https://ln.run/WJjuc"
X Link 2026-02-17T17:59Z 50.3K followers, 106.6K engagements
"PREMIER TO RESCUE ZULU LITHIUM IN ZIMBABWE Premier African Minerals has allocated US$13.4-million to stabilise its troubled Zulu Lithium project near Bulawayo over the next six months. The London-listed miner is funding plant completion commissioning and supplier payments as it grapples with roughly US$46-million in debt linked to a [----] prepayment deal with Canmax Technologies. Zimbabwe Africas largest lithium producer relies heavily on mining for foreign earnings. Premier plans to issue billions of new shares to raise capital while installing upgraded processing equipment to restore output"
X Link 2026-02-18T09:12Z 50.3K followers, [----] engagements
Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
/creator/twitter::BuzinessX