#  @businessXplain Business Explainer Business Explainer posts on X about business, south africa, strong, ceo the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours. ### Engagements: [------] [#](/creator/twitter::837611793430237185/interactions)  - [--] Week [---------] +123% - [--] Month [---------] +76% - [--] Months [----------] +174% - [--] Year [----------] +275% ### Mentions: [--] [#](/creator/twitter::837611793430237185/posts_active)  - [--] Week [---] +3.80% - [--] Month [---] +36% - [--] Months [---] +174% - [--] Year [-----] +107% ### Followers: [------] [#](/creator/twitter::837611793430237185/followers)  - [--] Week [------] +0.58% - [--] Month [------] +1.70% - [--] Months [------] +22% - [--] Year [------] +42% ### CreatorRank: [-------] [#](/creator/twitter::837611793430237185/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 43.75% [countries](/list/countries) 29.86% [stocks](/list/stocks) 8.33% [automotive brands](/list/automotive-brands) 6.94% [technology brands](/list/technology-brands) 4.86% [travel destinations](/list/travel-destinations) 2.78% [luxury brands](/list/luxury-brands) 1.39% [formula 1](/list/formula-1) 0.69% [financial services](/list/financial-services) 0.69% [products](/list/products) 0.69% **Social topic influence** [business](/topic/business) #978, [south africa](/topic/south-africa) #534, [strong](/topic/strong) #1178, [ceo](/topic/ceo) #4314, [more than](/topic/more-than) #1363, [in the](/topic/in-the) 9.03%, [company](/topic/company) #1204, [market](/topic/market) 7.64%, [investment](/topic/investment) #2982, [money](/topic/money) 6.25% **Top accounts mentioned or mentioned by** [@thebrieflive](/creator/undefined) [@thegeopol](/creator/undefined) [@grok](/creator/undefined) [@cecil_x_lion](/creator/undefined) [@mbuso_siera](/creator/undefined) [@300bars](/creator/undefined) [@ushanks_udon](/creator/undefined) [@view_see](/creator/undefined) [@jeslllll](/creator/undefined) [@kgabungthabang](/creator/undefined) [@1ndilef](/creator/undefined) [@mandlatumelo123](/creator/undefined) [@dengabusiness](/creator/undefined) [@rhadebeb](/creator/undefined) [@luiz1398](/creator/undefined) [@dindela_sa](/creator/undefined) [@eyeofpolarisone](/creator/undefined) [@masegotk](/creator/undefined) [@manny_867](/creator/undefined) [@matinyarare](/creator/undefined) **Top assets mentioned** [Morgan Stanley (MS)](/topic/morgan-stanley) ### Top Social Posts Top posts by engagements in the last [--] hours "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/businessXplain/status/1960692209986007470) 2025-08-27T13:13Z 50.2K followers, 699.5K 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 50.2K followers, 419.2K 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 50.2K followers, [----] 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 50.2K followers, 441.5K 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 50.2K followers, 18.7K 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 "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 50.2K followers, 1.3M 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 "SUSPENDED EXXARO CEO LOSES COURT BID The Gauteng High Court has ruled that the case brought by Nombasa Tsengwa the suspended CEO of Exxaro Resources is not urgent. Tsengwa had asked the court to overturn her precautionary suspension claiming it was causing harm to her reputation and needed urgent attention. However the court disagreed and ordered Tsengwa to pay the costs of two legal counsels. Tsengwa had been suspended in December [----] pending an investigation into workplace conduct and governance issues following allegations of bullying and intimidation. Exxaro has welcomed the ruling" [X Link](https://x.com/businessXplain/status/1886780751389286800) 2025-02-04T14:16Z 49.9K followers, 60.9K 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 50.2K followers, [----] engagements "STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a 10% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to [-----] cents. The group declared an interim dividend of [---] cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and" [X Link](https://x.com/businessXplain/status/1897606690721206512) 2025-03-06T11:14Z 50.1K followers, 17.6K 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 "EXXARO ROCKED BY ANOTHER EXIT Exxaro Resources has lost another top leader chief coal officer Kgabi Masia (pictured) as boardroom challenges continue. His departure said to be mutual follows earlier suspension rumours tied to contract issues. This marks yet another shake-up after the companys former CEO Nombasa Tsengwa also left under serious allegations and governance concerns. The new CEO Ben Magara is now steering the ship during this rough patch trying to rebuild trust and fill key roles quickly. Still the company insists operations remain stable with an acting chief already in place. As" [X Link](https://x.com/businessXplain/status/1919997876866056338) 2025-05-07T06:09Z 49.9K followers, 15.5K engagements "BLACK INVESTORS POCKET R3BN MTN Zakhele Futhi MTNs Black empowerment scheme has raised R3-billion by selling [-----] million shares at R128 each. The sale managed by Rand Merchant Bank and Morgan Stanley balanced investor value and market fairness. Proceeds will first settle debt with remaining funds going to shareholders including MTN which owns 14.8% of the scheme. This move forms part of a strategic exit and liquidity event triggered by MTNs early call option. (Pictured - Belinda Mapongwana Chairperson MTN Zakhele Futhi) https://tinyurl.com/nxed3nzn https://tinyurl.com/nxed3nzn" [X Link](https://x.com/businessXplain/status/1933118677940863073) 2025-06-12T11:06Z 49.9K followers, [----] 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 50.2K 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 50.2K followers, [----] engagements "EXXARO APPOINTS NEW LEADERS Exxaro Resources has announced key leadership changes as it positions itself for growth in energy metals and coal. From November Caroline Shirindza (pictured) will become executive head of coal while Neo Monareng will lead sustainability succeeding Mongezi Veti who retires in [----]. CEO Ben Magara said the appointments strengthen Exxaros ability to seize opportunities boost efficiency and deliver value to shareholders. The refreshed team also includes leaders across finance energy metals technical services and strategy. Exxaro says the new structure makes the" [X Link](https://x.com/businessXplain/status/1958118830430998698) 2025-08-20T10:48Z 50.1K followers, 15.4K engagements "EXXARO REPORTS R4.1BN PROFIT Exxaro Resources shares rose more than 10% to R180.77 after the group reported record first-half profits. Net profit rose 11% to R4.1-billion while earnings per share climbed 13% to [----] cents. Revenue grew 8% to R20.6-billion with stronger coal sales offsetting weaker commodity prices. Exxaro declared an interim dividend of R8.43 its 45th consecutive payout since listing. Alongside stable production the group advanced renewable projects and struck a R14.68-billion acquisition deal. Investors welcomed the results reflecting confidence in Exxaros growth and" [X Link](https://x.com/businessXplain/status/1958535429881237911) 2025-08-21T14:23Z 50.1K followers, 51.1K engagements "FROM FIRST-RAND TO OLD MUTUAL Roger Jardine former FirstRand chair and recent political hopeful has re-entered the corporate world as an independent non-executive director at Old Mutual. Old Mutual chair Trevor Manuel praised his leadership governance and financial expertise noting his alignment with the firms board renewal strategy. Jardine had stepped away from business in [----] to launch Change Starts Now a political party advocating private sector-led growth though it failed to reach the ballot. Now returning to finance Jardine is expected to strengthen Old Mutuals governance and help" [X Link](https://x.com/businessXplain/status/1966112236847419444) 2025-09-11T12:11Z 49.9K followers, [----] 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://twitter.com/i/web/status/1970511705751900195 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 50.2K followers, 372.7K engagements "A CLOSER LOOK - NEW SIBANYE CEO Sibanye-Stillwater has appointed Dr Richard Stewart as its new CEO succeeding Neal Froneman. Under Froneman Sibanye grew into a R140-billion powerhouse returning R46-billion to shareholders. Stewart's Academic Credentials - BSc (Honours) in Geology (Witwatersrand) - PhD in Geology (Witwatersrand) - MBA Warwick Business School UK - Registered Natural Scientist (PrSciNat); - Fellow of the Geological Society of South Africa Sibanye Professional Roles (25+ Years) - Executive Vice President: Business Development - Group COO appointed December [----] - Chief Regional" [X Link](https://x.com/businessXplain/status/1974007258473230759) 2025-10-03T07:03Z 49.9K followers, 50.8K engagements "EXPLAINED - THE TRUE STATE OF TRUWORTHS Once a JSE blue chip praised by global investors Truworths market capitalisation has halved from R40-billion in [----] to R22-billion today. - 📉 Shareholders have seen no real gains over the past [--] years - or even in the last five. The companys financials further explain the depth of its challenges as total shareholder return has collapsed by 74% over the past [--] years while the compound annual growth rate has tumbled from 23% in [----] to just 6% today. - 🗞 According to recent media reports foreign investors who once owned two-thirds of the company have" [X Link](https://x.com/businessXplain/status/1977346091696673238) 2025-10-12T12:10Z 49.9K followers, 27.2K engagements "SANLAM AND TYMBANK JOIN FORCES Sanlam and TymeBank are joining forces to create a powerful new super app that blends insurance banking and rewards into a single digital platform. The partnership backed by Patrice Motsepes investment groups will see TymeBank rebrand as GOtyme and align its colours and services with Sanlams. The app will offer savings payments credit and insurance - targeting younger tech-savvy customers. With a combined base of [--] million users both companies will leverage shared data to personalise offerings and cut costs. As competitors like Old Mutual prepare to re-enter" [X Link](https://x.com/businessXplain/status/1980539778337534353) 2025-10-21T07:40Z 50K followers, 37.1K 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 50.2K followers, 431.2K engagements "ASPEN BETS ON WEIGHT-LOSS INJECTION Aspen Pharmacare plans to roll out the weight-loss drug Mounjaro across sub-Saharan Africa in [----] building on its strong debut in South Africa where it has already captured 20% of the obesity treatment market. The product is taking off fast in South Africa - where the South African Health Products Regulatory Authority approved its weight management indication this month - has already boosted half-year earnings to June [----] fuelling projections of R1-billion in annual sales within a few years. Analysts say Mounjaros African entry could restore Aspens growth" [X Link](https://x.com/businessXplain/status/1983429846064632228) 2025-10-29T07:05Z 49.9K followers, 84.3K 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 50.2K followers, [----] 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 50.2K followers, 11.4K engagements "PEPKOR GETS BANKING GREEN LIGHT Pepkor the retail company behind Pep and Ackermans has just won approval to launch its own bank in South Africa. With more than [----] stores and [--] million digital customers already in its pocket the company wants to turn its shops into banking hubs for everyday people and informal traders. After posting a record R11.1-billion profit this year and buying fintech firm Cloudbadger Pepkor is ready to challenge Capitec TymeBank and the big four banks in a market hungry for affordable simple banking. ZOOMING IN 1/ Pepkor operates the largest retail store network in" [X Link](https://x.com/businessXplain/status/1993231551128121747) 2025-11-25T08:13Z 50.1K followers, 31.4K engagements "R9 BILLION DEBUT FOR CELL C Cell C has successfully listed on the JSE Main Board valuing the mobile operator at approximately R9-billion. This restructuring facilitated by the Blu Label Unlimited Group grants the company enhanced access to equity capital. Furthermore the firm has adopted a leaner asset-light and partnership-focussed operational model. Full story - https://tinyurl.com/mr3vxtce https://tinyurl.com/mr3vxtce" [X Link](https://x.com/businessXplain/status/1993969204303695915) 2025-11-27T09:04Z 49.9K followers, 17.5K engagements "TIGER BRANDS SEEKS YOUNG EXECS Tiger Brands has opened applications for its [----] Future Leaders Development Programme (FLDP). This intensive 24-month initiative recruits top applicants in fields like Engineering Marketing and Finance. The programme offers fast-track career development mentoring and real-world accountability cementing its reputation as a premier entry point into senior management within the JSE-listed consumer goods sector. Full story - https://tinyurl.com/534jaekk https://tinyurl.com/534jaekk" [X Link](https://x.com/businessXplain/status/1995031542520062364) 2025-11-30T07:26Z 50.1K followers, 48.5K engagements "EXPLAINED - SIBANYE WAGE SETTLEMENT Sibanye-Stillwater has secured a crucial three-year wage agreement with major unions at its South African gold operations providing labour stability until mid-2028. The deal delivers an average annual increase of 5.4% in total remuneration with fixed-Rand and percentage-based hikes across worker categories. Importantly it reduces the risk of disruptive strikes after past shutdowns hurt production. The agreement comes as the miner benefits from strong gold and PGM prices solid earnings growth and improved financial flexibility. Full details -" [X Link](https://x.com/businessXplain/status/1996117196020342976) 2025-12-03T07:20Z 49.9K followers, [----] engagements "SHEIN AND TEMU INVESTIGATED The National Consumer Commission (NCC) has launched investigations into the South African activities of e-commerce platforms Shein and Temu. The investigations focus on compliance with the Consumer Protection Act (CPA) including marketing practices and product safety. NCCs executive head Prudence Moilwa (pictured) highlighted concerns about the impact of global retailers on local industries and called for transparency in how algorithms shape consumer experiences. The NCC aims to ensure digital platforms operate within legal frameworks while balancing innovation" [X Link](https://x.com/businessXplain/status/1996177846017184000) 2025-12-03T11:21Z 50.1K followers, 336.2K 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 "BEATING BANKS AT THEIR OWN GAME South Africans are increasingly ditching bank branches and heading to supermarkets for everyday money needs. As bank branches close and economic pressures intensify supermarket chains like Pick n Pay Pepkor and Shoprite are emerging as convenient low-cost alternatives for deposits withdrawals credit and even cryptocurrency transactions. Pick n Pay says till-point cash deposits jumped 60% in a year crypto payments rose more than 44% and buy-now-pay-later demand exploded during Black Friday. Meanwhile Shoprite is launching a zero-fee bank account while Pepkor is" [X Link](https://x.com/businessXplain/status/1998776437340275183) 2025-12-10T15:26Z 49.9K followers, 65K engagements "MR PRICE BETS R10BN ON GERMAN DEAL South African retailer Mr Price has completed its biggest acquisition yet buying the German discount chain NKD Group for nearly R10-billion to enter the vast European market. This landmark purchase which includes NKD's approximately [----] stores instantly expands Mr Prices global footprint to over [----] outlets decisively transforming it from a regional player into a cross-continental force. However the news was met with investor concern causing the share price to drop sharply primarily due to worries that NKDs slim profit margins may dilute Mr Prices strong" [X Link](https://x.com/businessXplain/status/1999040061317247129) 2025-12-11T08:54Z 49.9K followers, 50.7K engagements "BEKKER FAMILY CASHES IN R2.5BN Koos Bekker the chairperson of Naspers and Prosus has sold nearly R2.5-billion worth of shares through his family trust. The sale involved shares in both companies and was done to raise money for expanding luxury hospitality properties in South Africa the United Kingdom and Italy. News24 is reporting that over three days in December the family trust sold Naspers shares worth about R860-million and Prosus shares worth roughly R1.6-billion. Even after the sale the trust still owns about 90% of its previous shareholding showing that the family remains strongly" [X Link](https://x.com/businessXplain/status/2003386587212599701) 2025-12-23T08:45Z 50K followers, 48.8K engagements "BOARDROOM VOICE OF THE YEAR: Mteto Nyati (Eskom Chairman of the Board) As chairperson of Eskom his leadership was a primary catalyst behind the utilitys historic return to profitability in [----]. Nyatis influence stems from a rare combination of deep technical acumen and an uncompromising commitment to consequence management. In championing structural reforms and embedding a culture of accountability he helped restore operational stability and bring an effective end to systemic load shedding. His impact extends well beyond the energy sector. Recently named [----] Chairman of the Year at the All" [X Link](https://x.com/businessXplain/status/2003807129199595900) 2025-12-24T12:37Z 49.9K followers, 30.7K engagements "SHOCKING ANNOUNCEMENT OF THE YEAR: Abey Kgotle (Mercedes-Benz South Africa) The most stunning corporate reversal of [----] occurred in November when Abey Kgotle the CEO-designate of Mercedes-Benz South Africa resigned just weeks before he was set to take office. Kgotle a seasoned executive who has been with the firm since [----] was appointed in June to succeed Andreas Brand on [--] December [----]. His sudden exit for "personal reasons" sent shockwaves through the automotive sector as he was poised to become one of the few Black leaders at the helm of a major vehicle manufacturer. This unexpected" [X Link](https://x.com/businessXplain/status/2003807253023924606) 2025-12-24T12:37Z 49.9K followers, [----] engagements "RISK TAKER OF THE YEAR: Neal Froneman (Sibanye-Stillwater CEO [----] - 2025) In [----] Froneman concluded his remarkable tenure as CEO leaving behind a company he grew from a struggling South African gold producer into one of the worlds top three platinum group metals players. His career has been defined by bold contrarian thinking - acquiring assets when they were deeply out of favour and investing through long-term commodity cycles others were unwilling to back. Fronemans final year was marked by decisive moves into battery metals including securing EU strategic recognition for" [X Link](https://x.com/businessXplain/status/2003807264222658684) 2025-12-24T12:37Z 49.9K followers, [----] engagements "ASPEN CASHES IN ON R26.5BN DEAL Aspen Pharmacare has received a major financial boost after agreeing to sell its Asia-Pacific business excluding China to Australian private equity firm BGH Capital. The deal is worth about R26.5-billion and came from an unexpected offer. Investors welcomed the move pushing Aspens share price up by more than 20%. The money will mainly be used to reduce debt making the company financially stronger and more flexible. Aspen will now focus on higher-growth areas including emerging markets its China operations and injectable medicines for conditions like obesity and" [X Link](https://x.com/businessXplain/status/2005599286948470846) 2025-12-29T11:18Z 49.9K followers, 11K engagements "COURT OPENS DOOR FOR LEWIS A South African court has ruled that Lewis Group may take part in the review of Pepkors planned R3.2-billion purchase of Shoprites furniture business. Lewis argues the deal could create a dominant player in furniture retail limiting choice and pushing up prices especially for lower-income customers who rely on credit. Pepkor and Shoprite opposed Lewiss involvement saying it could delay investment and disrupt the transaction. The ruling is important because it clarifies when competitors can challenge large mergers. It also signals tougher scrutiny of consolidation in" [X Link](https://x.com/businessXplain/status/2009562302429663442) 2026-01-09T09:46Z 49.9K followers, 24K engagements "CEO COULD GET R300M PAYOUT Old Mutuals new chief executive Jurie Strydom could earn a R300-million payout if he succeeds in lifting the companys share price over the next four years. Since he took over in May [----] the share price has risen by more than 30% giving investors renewed confidence. However the shares still need to climb much higher for the incentive to be paid in full. The company is trying to close a long-standing gap between what the business is worth and how the market values it. To do this Old Mutual plans to cut costs improve efficiency and grow carefully. A major test will be" [X Link](https://x.com/businessXplain/status/2010973337036734771) 2026-01-13T07:13Z 50.1K followers, 11.4K engagements "NEDBANK BOOSTS PRIVATE WEALTH TEAM Nedbank Private Wealth has appointed Anelisa Mti as a wealth manager strengthening its advisory services for high-net-worth and family-wealth clients across South Africa. She will focus on long-term wealth planning accumulation and intergenerational solutions. Mti brings experience from Fairbairn Consult FNB South Africa and Chartered Wealth Solutions where she advised affluent clients on tailored financial strategies. She holds recognised financial planning qualifications and is a certified financial planner. Full profile - https://tinyurl.com/mr33r748" [X Link](https://x.com/businessXplain/status/2013164913556897806) 2026-01-19T08:21Z 49.9K followers, 18K engagements "PHILIP MORRIS MAKES HISTORY Philip Morris International has appointed Buena Barnes as General Manager of its South African operations marking the first time a woman has led the business locally. Barnes steps into the role after serving as financial director for Sub-Saharan Africa and brings experience from both the tobacco and pharmaceutical sectors. Her appointment comes as the company continues to shift towards smoke-free products including heated tobacco devices amid tightening regulation and high levels of illicit trade in South Africa. The local tobacco market remains sizeable but" [X Link](https://x.com/businessXplain/status/2013220897360855335) 2026-01-19T12:04Z 50.2K followers, [----] engagements "RICHEMONT OUTPERFORMS MARKET EXPECTATIONS Richemont reported strong third-quarter sales of 6.4-billion up 11% at constant exchange rates thanks to a successful festive season. This beat expectations of 8% growth. Jewellery brands like Cartier and Van Cleef & Arpels grew 14% while watchmakers rose 7% and fashion accessories 3%. Sales increased across all regions with double-digit gains in the Americas Japan and Middle East and Africa. Retail channels jumped 12%. Over nine months sales hit 17-billion up 10%. The company holds 7.6-billion in net cash amid a growing luxury market. Full story -" [X Link](https://x.com/businessXplain/status/2013265944248762377) 2026-01-19T15:03Z 50.1K followers, 66K engagements "MR PRICE FACES INVESTOR BACKLASH South African retailer Mr Price is facing growing backlash from investors over its acquisition of German retailer NKD. The deal valued at nearly R10-billion raises concerns about the company's strategic direction and governance. Benguela Global Fund Managers have called for the Johannesburg Stock Exchange to review the transaction arguing it significantly alters Mr Price's profile. Investors reacted negatively with a drop in share prices reflecting worries about NKD's low profit margins and potential risks. Despite this Mr Price's board remains committed to" [X Link](https://x.com/businessXplain/status/2014262762156023942) 2026-01-22T09:04Z 49.9K followers, 11.2K engagements "PEPKOR TO OPEN [---] NEW STORES Pepkor continues to pursue acquisitions as a key part of its growth strategy despite challenges in managing complexity and execution risks. The retailer known for brands like Pep and Ackermans aims to expand across various sectors including retail and financial services. Recent acquisitions include the off-price brand Choice Clothing and furniture businesses from Shoprite. Heading into [----] with plans to open [---] new stores Pepkors store network sits above [--] [---] outlets having added [---] new stores in [----]. Full story - Pictured - Pepkor CEO Pieter Erasmus" [X Link](https://x.com/businessXplain/status/2014428604705472886) 2026-01-22T20:03Z 49.9K followers, [----] engagements "HOLIDAY SHOPPING LIFTS ECONOMY South Africas economy received a double boost this season as holiday retail and international business travel surged. According to Visa total holiday spending rose by 7.9% year-on-year despite shifts in consumer behaviour. While 88% of shoppers still prefer physical stores e-commerce saw a massive 49.9% jump fuelled by AI-driven price comparisons. The G20/B20 Summit further catalysed growth with international visitor spending peaking at 49% above [----] levels. This influx particularly benefited the hospitality and restaurant sectors. DEEP DIVE 1/ [----] is cited as" [X Link](https://x.com/businessXplain/status/2015667015143604243) 2026-01-26T06:04Z 49.9K 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 "EXPLAINED - DATA ROLL-OVER AND SHARING South Africa's telecom regulator ICASA has mandated automatic rollover of unused mobile data voice and SMS bundles starting in [----]. Data rollover means that any unused data at the end of a bundles validity period will no longer automatically disappear. Instead it will be carried over into the next billing cycle at no extra cost provided the customers number remains active. The rolled-over data must be treated under the same conditions as the original bundle such as speed and access. Short-term bundles of seven days or less as well as promotional and" [X Link](https://x.com/businessXplain/status/2016391539531080084) 2026-01-28T06:03Z 49.9K followers, 17.8K 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 "CEO TO USE COMPANY JET PRIVATELY Starbucks has changed its travel policy for Chief Executive Brian Niccol allowing him to use the companys private jet for both business and personal trips without an annual spending limit. The decision follows a review of safety risks linked to his role and public profile. Starbucks says controlled travel is needed to reduce security risks. The decision reflects a wider corporate trend where executive protection is treated as a business necessity. Niccol joined Starbucks in [----] and is leading a turnaround strategy after weaker trading and falling customer" [X Link](https://x.com/businessXplain/status/2016797784012210517) 2026-01-29T08:57Z 49.9K followers, 14.6K engagements "OTHER ROLES HELD BY MTN CEO MTN President and Group CEO Ralph Mupita has joined the board of Dangote Fertiliser and the executive leadership of the Dangote Group ahead of the companys planned stock market listing. Mupita brings capital markets experience after leading the [----] listing of MTN Nigeria. That business now contributes about a third of group earnings and reached a market value of [--] trillion naira in [----]. Ralph Mupita currently holds the following key roles and positions: Primary Role at MTN Group 1/ Group President and Chief Executive Officer (CEO) of MTN Group (since September" [X Link](https://x.com/businessXplain/status/2016833494266126450) 2026-01-29T11:19Z 49.9K followers, 23.7K engagements "DIS-CHEM RETURNS R350M TO CUSTOMERS Dis-Chem has returned more than R350-million to customers within [---] days of launching its new Better Rewards programme matching what its previous loyalty scheme delivered in a full year. The retailer says the rapid pace of savings shows strong uptake and could exceed R1.5-billion in value in the first year. The programme offers ongoing discounts across more than [-----] products and includes extra savings for pharmacy purchases Capitec cardholders and certain insurance customers. Management says the focus is on making healthcare more affordable as rising" [X Link](https://x.com/businessXplain/status/2017152397395612090) 2026-01-30T08:26Z 49.9K followers, 18.2K engagements "BONITAS DROPS MEDSCHEME Bonitas has ended its administration relationship with Medscheme after more than [--] years appointing Momentum for administration and Private Health Administrators for managed care excluding its Boncap option. The decision move follows a failed court attempt by Medscheme to stop the tender process and a forensic investigation by the industry regulator into earlier procurement decisions. Bonitas says regular benchmarking of service providers is required to protect members from rising non-healthcare costs. The move is a major setback for Medscheme and its parent" [X Link](https://x.com/businessXplain/status/2017188618796675578) 2026-01-30T10:50Z 50.1K followers, 21.3K 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 "Audi has ruled out making a bakkie saying the segment does not fit the brands luxury image. Chief executive Gernot Dllner (pictured) said a bakkie / pickup is the least likely vehicle Audi would produce despite past experiments with unusual concepts. Earlier comments from former management suggested a bakkie-style model was being explored which later appeared as the Activesphere concept but it never reached production. Instead the company may develop a rugged SUV for off-road use focusing on premium design rather than utility vehicles. Full story - https://ln.run/YbAPC https://ln.run/YbAPC" [X Link](https://x.com/businessXplain/status/2018267334050226245) 2026-02-02T10:16Z 50.1K followers, [----] engagements "Shoprite grew sales strongly in the six months to December even as consumers remained under pressure. The retailer generated R136.8bn in revenue up 7.2% year on year with most growth coming from its Supermarkets RSA division. Sales increases were driven mainly by higher volumes and new stores rather than price rises. While national food inflation averaged 4.7% Shoprites own price inflation was only 0.7% helping customers save an estimated R4.6bn. The group also gained market share grew faster than rivals and saw strong online and speciality store performance. Earnings are expected to rise" [X Link](https://x.com/businessXplain/status/2018295279351423032) 2026-02-02T12:07Z 49.9K followers, [----] engagements "South Africas Constitutional Court has allowed Lewis to take part in proceedings reviewing the PepkorShoprite furniture merger saying its competition concerns deserve proper testing. The court found that regulators did not fully assess how closely the two businesses compete especially in the low-income furniture market. Lewis argues the deal could leave one dominant retailer with around 59% market share and weaken consumer choice. The court said Lewis does not need to prove the merger will harm competition to be heard. The ruling does not stop the deal but ensures its impact on prices and" [X Link](https://x.com/businessXplain/status/2018307287929033082) 2026-02-02T12:55Z 50.1K followers, [----] engagements "Apple has delivered its strongest quarter for the iPhone. Company financial disclosures show that iPhone performance outpaced other product lines and was the main contributor to revenue growth. The latest model launched in September generated stronger consumer interest than its predecessor supporting higher upgrade rates and improved volumes in both mature and emerging markets. Sales in Greater China rose sharply as store traffic and online purchases increased. India also recorded its best quarter across iPhone Mac and iPad supported by rising incomes and interest in premium devices. Full" [X Link](https://x.com/businessXplain/status/2018393566976835761) 2026-02-02T18:38Z 50.1K followers, [----] engagements "Ford and Chinas Xiaomi have held early talks about working together on vehicle production. The discussions were exploratory and no formal agreement has been confirmed. The talks reflects pressure on both companies to grow in a highly competitive EV market. Chinese manufacturers are looking overseas as competition at home intensifies while Ford needs partners to cut costs and speed up development. However political tensions between the US and China make cooperation difficult. Chinese brands are expanding quickly in Europe and other regions but entry into the US remains sensitive. Full story -" [X Link](https://x.com/businessXplain/status/2018550515072639350) 2026-02-03T05:02Z 49.9K followers, [----] 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 "Mpact will retrench about [---] workers after deciding to stop local cartonboard production because imported products are cheaper. The Springs Mill which is the only cartonboard producer in South Africa will close in March. Mpact says global oversupply has pushed international prices down making imports about 20% cheaper than its own production costs. Demand fell further when its biggest customer switched to imported cartonboard. Full story - Pictured - Mpact Group CEO Bruce Strong https://ln.run/th14Q https://ln.run/th14Q" [X Link](https://x.com/businessXplain/status/2018658904058544218) 2026-02-03T12:12Z 49.9K followers, 61K 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 "Vodacom delivered strong third-quarter results driven by rapid growth in Egypt and rising demand for mobile financial services across its international markets. Group revenue increased 11% to R43.9bn with service revenue up 12.7% reflecting higher contributions from outside South Africa. Egypt recorded a 39% rise in service revenue supported by growth in data and digital payments while international operations also performed well. Financial services revenue climbed nearly 25% with transaction volumes reaching $500.7bn over the past year. South Africa saw modest growth - Pictured - Vodacom CEO" [X Link](https://x.com/businessXplain/status/2019283595492225259) 2026-02-05T05:35Z 50.1K followers, [----] 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 "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/businessXplain/status/2019351543649341915) 2026-02-05T10:05Z 50.1K followers, 10.1K 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 "PRIME SHAKE-UP WORRIES NAMIBIA A possible decision by South Africa to scrap its long-standing prime lending rate could create operational challenges for Namibian banks even though the countrys currency peg to the Rand would remain secure. Economist Almandro Jansen says Namibias monetary policy is tied to aligning policy rates with South Africa rather than copying retail lending benchmarks. However changes to South Africas rate framework could complicate pricing systems and weaken cross-border comparability for banks operating in both markets. While improved transparency may benefit borrowers" [X Link](https://x.com/businessXplain/status/2019704704633086414) 2026-02-06T09:28Z 49.9K followers, [----] 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 50.2K followers, [----] engagements "Today [--] February [----] the Department of Trade Industry and Competition together with the Departments of Mineral and Petroleum Resources and Water and Sanitation will host a joint Mining Indaba investment forum at the Cape Town International Convention Centre. Under the theme Building Critical Minerals Value Chains in South Africa the event will spotlight the countrys investment opportunities in critical minerals and present investor-ready projects across the value chain. More on SA Mining - https://ln.run/e3xLC https://ln.run/e3xLC" [X Link](https://x.com/businessXplain/status/2020701846105423988) 2026-02-09T03:30Z 50.1K followers, [----] engagements "VUKILE ACCELERATES GLOBAL EXPANSION Vukile Property Fund has intensified its deal-making over the past year reshaping its retail portfolio through acquisitions disposals and fresh capital raising. 1/ April 2025: Acquisition of Forum Madeira Shopping Centre (Portugal) 2/ October 2025: Capital Raise via Accelerated Bookbuild 3/ November 2025: Acquisition of 50% Stake in Chatsworth Centre (South Africa) 4/ December 2025: Acquisition of 35% Stake in Pradera Limited (UK) 5/ January 2026: Disposal of Spanish Retail Parks Portfolio 6/ February 2026: Acquisition of Berceo Shopping Centre (Spain) Full" [X Link](https://x.com/businessXplain/status/2020740445366825004) 2026-02-09T06:04Z 50.1K followers, [----] engagements "IMPORTS SHAKE LOCAL INDUSTRY South Africas dispute over sugar import tariffs has escalated after the International Trade Administration Commission (Itac) launched a formal review following opposing applications from growers and beverage producers. Cane farmers want the import reference price raised to protect local output while bottlers are pushing for a reduction to ease production costs. Sugar imports have more than doubled this season displacing domestic supply and straining the industry. The review will consider economic and health policy inputs and could reshape pricing across the value" [X Link](https://x.com/businessXplain/status/2020755293286654198) 2026-02-09T07:03Z 50.1K 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 50.2K followers, [----] engagements "SYSTEM SPEEDS AGRI SHIPMENTS South Africa and the Netherlands have completed a joint project to digitise agricultural import and export certification replacing slow paper processes with an electronic system that sharply reduces delays. Rising export volumes including maize and soybeans have increased demand for faster processing. Officials say the system will support growing trade flows improve border management and serve as a model for other African countries modernising food export systems. Full story - https://ln.run/y8l6e https://ln.run/y8l6e" [X Link](https://x.com/businessXplain/status/2020800591719510042) 2026-02-09T10:03Z 50.1K 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 "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 "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 50.2K followers, 10.8K 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 50.2K followers, 310.7K 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 50.2K followers, [----] 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 50.2K followers, 15.8K 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 50.2K followers, 15K 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 50.2K followers, 20.3K 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/businessXplain/status/1967890149770940561) 2025-09-16T09:55Z 50.2K followers, 207.3K 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 50.2K 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 50.2K followers, [----] 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/anyuser/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 50.2K followers, 333.6K 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 50.2K followers, 540.9K 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 50.2K followers, 1.3M 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 50.2K 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 "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 50.2K 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 50.2K 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 "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 50.2K followers, 24.3K 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 "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 "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/anyuser/status/2021862400627024360) 2026-02-12T08:22Z 50.2K followers, [----] 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/anyuser/status/2021889856872251696) 2026-02-12T10:11Z 50.2K followers, 12.2K 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, 74.9K 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 50.2K followers, 107.3K 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 50.2K followers, 280.9K 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 "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 "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 50.2K followers, 393.8K 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 "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 50.2K 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 50.2K followers, 80.7K 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 "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 50.2K followers, 35.8K 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 50.2K followers, 69.8K 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 "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 50.2K followers, 46.6K 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 50.2K 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 50.2K 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 50.2K 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 50.2K 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 50.2K 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 50.2K followers, [----] 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 50.2K followers, [----] 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, 45.1K 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 50.2K 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 "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/businessXplain/status/2023098986232512585) 2026-02-15T18:16Z 50.2K followers, [---] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@businessXplain Business Explainer
Business Explainer posts on X about business, south africa, strong, ceo the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours.
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- [--] Month [---------] +76%
- [--] Months [----------] +174%
- [--] Year [----------] +275%
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- [--] Week [---] +3.80%
- [--] Month [---] +36%
- [--] Months [---] +174%
- [--] Year [-----] +107%
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- [--] Month [------] +1.70%
- [--] Months [------] +22%
- [--] Year [------] +42%
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Social Influence
Social category influence finance 43.75% countries 29.86% stocks 8.33% automotive brands 6.94% technology brands 4.86% travel destinations 2.78% luxury brands 1.39% formula 1 0.69% financial services 0.69% products 0.69%
Social topic influence business #978, south africa #534, strong #1178, ceo #4314, more than #1363, in the 9.03%, company #1204, market 7.64%, investment #2982, money 6.25%
Top accounts mentioned or mentioned by @thebrieflive @thegeopol @grok @cecil_x_lion @mbuso_siera @300bars @ushanks_udon @view_see @jeslllll @kgabungthabang @1ndilef @mandlatumelo123 @dengabusiness @rhadebeb @luiz1398 @dindela_sa @eyeofpolarisone @masegotk @manny_867 @matinyarare
Top assets mentioned Morgan Stanley (MS)
Top Social Posts
Top posts by engagements in the last [--] hours
"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 50.2K followers, 699.5K 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 50.2K followers, 419.2K 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 50.2K followers, [----] 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 50.2K followers, 441.5K 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 50.2K followers, 18.7K 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
"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 50.2K followers, 1.3M 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
"SUSPENDED EXXARO CEO LOSES COURT BID The Gauteng High Court has ruled that the case brought by Nombasa Tsengwa the suspended CEO of Exxaro Resources is not urgent. Tsengwa had asked the court to overturn her precautionary suspension claiming it was causing harm to her reputation and needed urgent attention. However the court disagreed and ordered Tsengwa to pay the costs of two legal counsels. Tsengwa had been suspended in December [----] pending an investigation into workplace conduct and governance issues following allegations of bullying and intimidation. Exxaro has welcomed the ruling"
X Link 2025-02-04T14:16Z 49.9K followers, 60.9K 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 50.2K followers, [----] engagements
"STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a 10% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to [-----] cents. The group declared an interim dividend of [---] cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and"
X Link 2025-03-06T11:14Z 50.1K followers, 17.6K 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
"EXXARO ROCKED BY ANOTHER EXIT Exxaro Resources has lost another top leader chief coal officer Kgabi Masia (pictured) as boardroom challenges continue. His departure said to be mutual follows earlier suspension rumours tied to contract issues. This marks yet another shake-up after the companys former CEO Nombasa Tsengwa also left under serious allegations and governance concerns. The new CEO Ben Magara is now steering the ship during this rough patch trying to rebuild trust and fill key roles quickly. Still the company insists operations remain stable with an acting chief already in place. As"
X Link 2025-05-07T06:09Z 49.9K followers, 15.5K engagements
"BLACK INVESTORS POCKET R3BN MTN Zakhele Futhi MTNs Black empowerment scheme has raised R3-billion by selling [-----] million shares at R128 each. The sale managed by Rand Merchant Bank and Morgan Stanley balanced investor value and market fairness. Proceeds will first settle debt with remaining funds going to shareholders including MTN which owns 14.8% of the scheme. This move forms part of a strategic exit and liquidity event triggered by MTNs early call option. (Pictured - Belinda Mapongwana Chairperson MTN Zakhele Futhi) https://tinyurl.com/nxed3nzn https://tinyurl.com/nxed3nzn"
X Link 2025-06-12T11:06Z 49.9K followers, [----] 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 50.2K 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 50.2K followers, [----] engagements
"EXXARO APPOINTS NEW LEADERS Exxaro Resources has announced key leadership changes as it positions itself for growth in energy metals and coal. From November Caroline Shirindza (pictured) will become executive head of coal while Neo Monareng will lead sustainability succeeding Mongezi Veti who retires in [----]. CEO Ben Magara said the appointments strengthen Exxaros ability to seize opportunities boost efficiency and deliver value to shareholders. The refreshed team also includes leaders across finance energy metals technical services and strategy. Exxaro says the new structure makes the"
X Link 2025-08-20T10:48Z 50.1K followers, 15.4K engagements
"EXXARO REPORTS R4.1BN PROFIT Exxaro Resources shares rose more than 10% to R180.77 after the group reported record first-half profits. Net profit rose 11% to R4.1-billion while earnings per share climbed 13% to [----] cents. Revenue grew 8% to R20.6-billion with stronger coal sales offsetting weaker commodity prices. Exxaro declared an interim dividend of R8.43 its 45th consecutive payout since listing. Alongside stable production the group advanced renewable projects and struck a R14.68-billion acquisition deal. Investors welcomed the results reflecting confidence in Exxaros growth and"
X Link 2025-08-21T14:23Z 50.1K followers, 51.1K engagements
"FROM FIRST-RAND TO OLD MUTUAL Roger Jardine former FirstRand chair and recent political hopeful has re-entered the corporate world as an independent non-executive director at Old Mutual. Old Mutual chair Trevor Manuel praised his leadership governance and financial expertise noting his alignment with the firms board renewal strategy. Jardine had stepped away from business in [----] to launch Change Starts Now a political party advocating private sector-led growth though it failed to reach the ballot. Now returning to finance Jardine is expected to strengthen Old Mutuals governance and help"
X Link 2025-09-11T12:11Z 49.9K followers, [----] 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://twitter.com/i/web/status/1970511705751900195 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 50.2K followers, 372.7K engagements
"A CLOSER LOOK - NEW SIBANYE CEO Sibanye-Stillwater has appointed Dr Richard Stewart as its new CEO succeeding Neal Froneman. Under Froneman Sibanye grew into a R140-billion powerhouse returning R46-billion to shareholders. Stewart's Academic Credentials - BSc (Honours) in Geology (Witwatersrand) - PhD in Geology (Witwatersrand) - MBA Warwick Business School UK - Registered Natural Scientist (PrSciNat); - Fellow of the Geological Society of South Africa Sibanye Professional Roles (25+ Years) - Executive Vice President: Business Development - Group COO appointed December [----] - Chief Regional"
X Link 2025-10-03T07:03Z 49.9K followers, 50.8K engagements
"EXPLAINED - THE TRUE STATE OF TRUWORTHS Once a JSE blue chip praised by global investors Truworths market capitalisation has halved from R40-billion in [----] to R22-billion today. - 📉 Shareholders have seen no real gains over the past [--] years - or even in the last five. The companys financials further explain the depth of its challenges as total shareholder return has collapsed by 74% over the past [--] years while the compound annual growth rate has tumbled from 23% in [----] to just 6% today. - 🗞 According to recent media reports foreign investors who once owned two-thirds of the company have"
X Link 2025-10-12T12:10Z 49.9K followers, 27.2K engagements
"SANLAM AND TYMBANK JOIN FORCES Sanlam and TymeBank are joining forces to create a powerful new super app that blends insurance banking and rewards into a single digital platform. The partnership backed by Patrice Motsepes investment groups will see TymeBank rebrand as GOtyme and align its colours and services with Sanlams. The app will offer savings payments credit and insurance - targeting younger tech-savvy customers. With a combined base of [--] million users both companies will leverage shared data to personalise offerings and cut costs. As competitors like Old Mutual prepare to re-enter"
X Link 2025-10-21T07:40Z 50K followers, 37.1K 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 50.2K followers, 431.2K engagements
"ASPEN BETS ON WEIGHT-LOSS INJECTION Aspen Pharmacare plans to roll out the weight-loss drug Mounjaro across sub-Saharan Africa in [----] building on its strong debut in South Africa where it has already captured 20% of the obesity treatment market. The product is taking off fast in South Africa - where the South African Health Products Regulatory Authority approved its weight management indication this month - has already boosted half-year earnings to June [----] fuelling projections of R1-billion in annual sales within a few years. Analysts say Mounjaros African entry could restore Aspens growth"
X Link 2025-10-29T07:05Z 49.9K followers, 84.3K 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 50.2K followers, [----] 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 50.2K followers, 11.4K engagements
"PEPKOR GETS BANKING GREEN LIGHT Pepkor the retail company behind Pep and Ackermans has just won approval to launch its own bank in South Africa. With more than [----] stores and [--] million digital customers already in its pocket the company wants to turn its shops into banking hubs for everyday people and informal traders. After posting a record R11.1-billion profit this year and buying fintech firm Cloudbadger Pepkor is ready to challenge Capitec TymeBank and the big four banks in a market hungry for affordable simple banking. ZOOMING IN 1/ Pepkor operates the largest retail store network in"
X Link 2025-11-25T08:13Z 50.1K followers, 31.4K engagements
"R9 BILLION DEBUT FOR CELL C Cell C has successfully listed on the JSE Main Board valuing the mobile operator at approximately R9-billion. This restructuring facilitated by the Blu Label Unlimited Group grants the company enhanced access to equity capital. Furthermore the firm has adopted a leaner asset-light and partnership-focussed operational model. Full story - https://tinyurl.com/mr3vxtce https://tinyurl.com/mr3vxtce"
X Link 2025-11-27T09:04Z 49.9K followers, 17.5K engagements
"TIGER BRANDS SEEKS YOUNG EXECS Tiger Brands has opened applications for its [----] Future Leaders Development Programme (FLDP). This intensive 24-month initiative recruits top applicants in fields like Engineering Marketing and Finance. The programme offers fast-track career development mentoring and real-world accountability cementing its reputation as a premier entry point into senior management within the JSE-listed consumer goods sector. Full story - https://tinyurl.com/534jaekk https://tinyurl.com/534jaekk"
X Link 2025-11-30T07:26Z 50.1K followers, 48.5K engagements
"EXPLAINED - SIBANYE WAGE SETTLEMENT Sibanye-Stillwater has secured a crucial three-year wage agreement with major unions at its South African gold operations providing labour stability until mid-2028. The deal delivers an average annual increase of 5.4% in total remuneration with fixed-Rand and percentage-based hikes across worker categories. Importantly it reduces the risk of disruptive strikes after past shutdowns hurt production. The agreement comes as the miner benefits from strong gold and PGM prices solid earnings growth and improved financial flexibility. Full details -"
X Link 2025-12-03T07:20Z 49.9K followers, [----] engagements
"SHEIN AND TEMU INVESTIGATED The National Consumer Commission (NCC) has launched investigations into the South African activities of e-commerce platforms Shein and Temu. The investigations focus on compliance with the Consumer Protection Act (CPA) including marketing practices and product safety. NCCs executive head Prudence Moilwa (pictured) highlighted concerns about the impact of global retailers on local industries and called for transparency in how algorithms shape consumer experiences. The NCC aims to ensure digital platforms operate within legal frameworks while balancing innovation"
X Link 2025-12-03T11:21Z 50.1K followers, 336.2K 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
"BEATING BANKS AT THEIR OWN GAME South Africans are increasingly ditching bank branches and heading to supermarkets for everyday money needs. As bank branches close and economic pressures intensify supermarket chains like Pick n Pay Pepkor and Shoprite are emerging as convenient low-cost alternatives for deposits withdrawals credit and even cryptocurrency transactions. Pick n Pay says till-point cash deposits jumped 60% in a year crypto payments rose more than 44% and buy-now-pay-later demand exploded during Black Friday. Meanwhile Shoprite is launching a zero-fee bank account while Pepkor is"
X Link 2025-12-10T15:26Z 49.9K followers, 65K engagements
"MR PRICE BETS R10BN ON GERMAN DEAL South African retailer Mr Price has completed its biggest acquisition yet buying the German discount chain NKD Group for nearly R10-billion to enter the vast European market. This landmark purchase which includes NKD's approximately [----] stores instantly expands Mr Prices global footprint to over [----] outlets decisively transforming it from a regional player into a cross-continental force. However the news was met with investor concern causing the share price to drop sharply primarily due to worries that NKDs slim profit margins may dilute Mr Prices strong"
X Link 2025-12-11T08:54Z 49.9K followers, 50.7K engagements
"BEKKER FAMILY CASHES IN R2.5BN Koos Bekker the chairperson of Naspers and Prosus has sold nearly R2.5-billion worth of shares through his family trust. The sale involved shares in both companies and was done to raise money for expanding luxury hospitality properties in South Africa the United Kingdom and Italy. News24 is reporting that over three days in December the family trust sold Naspers shares worth about R860-million and Prosus shares worth roughly R1.6-billion. Even after the sale the trust still owns about 90% of its previous shareholding showing that the family remains strongly"
X Link 2025-12-23T08:45Z 50K followers, 48.8K engagements
"BOARDROOM VOICE OF THE YEAR: Mteto Nyati (Eskom Chairman of the Board) As chairperson of Eskom his leadership was a primary catalyst behind the utilitys historic return to profitability in [----]. Nyatis influence stems from a rare combination of deep technical acumen and an uncompromising commitment to consequence management. In championing structural reforms and embedding a culture of accountability he helped restore operational stability and bring an effective end to systemic load shedding. His impact extends well beyond the energy sector. Recently named [----] Chairman of the Year at the All"
X Link 2025-12-24T12:37Z 49.9K followers, 30.7K engagements
"SHOCKING ANNOUNCEMENT OF THE YEAR: Abey Kgotle (Mercedes-Benz South Africa) The most stunning corporate reversal of [----] occurred in November when Abey Kgotle the CEO-designate of Mercedes-Benz South Africa resigned just weeks before he was set to take office. Kgotle a seasoned executive who has been with the firm since [----] was appointed in June to succeed Andreas Brand on [--] December [----]. His sudden exit for "personal reasons" sent shockwaves through the automotive sector as he was poised to become one of the few Black leaders at the helm of a major vehicle manufacturer. This unexpected"
X Link 2025-12-24T12:37Z 49.9K followers, [----] engagements
"RISK TAKER OF THE YEAR: Neal Froneman (Sibanye-Stillwater CEO [----] - 2025) In [----] Froneman concluded his remarkable tenure as CEO leaving behind a company he grew from a struggling South African gold producer into one of the worlds top three platinum group metals players. His career has been defined by bold contrarian thinking - acquiring assets when they were deeply out of favour and investing through long-term commodity cycles others were unwilling to back. Fronemans final year was marked by decisive moves into battery metals including securing EU strategic recognition for"
X Link 2025-12-24T12:37Z 49.9K followers, [----] engagements
"ASPEN CASHES IN ON R26.5BN DEAL Aspen Pharmacare has received a major financial boost after agreeing to sell its Asia-Pacific business excluding China to Australian private equity firm BGH Capital. The deal is worth about R26.5-billion and came from an unexpected offer. Investors welcomed the move pushing Aspens share price up by more than 20%. The money will mainly be used to reduce debt making the company financially stronger and more flexible. Aspen will now focus on higher-growth areas including emerging markets its China operations and injectable medicines for conditions like obesity and"
X Link 2025-12-29T11:18Z 49.9K followers, 11K engagements
"COURT OPENS DOOR FOR LEWIS A South African court has ruled that Lewis Group may take part in the review of Pepkors planned R3.2-billion purchase of Shoprites furniture business. Lewis argues the deal could create a dominant player in furniture retail limiting choice and pushing up prices especially for lower-income customers who rely on credit. Pepkor and Shoprite opposed Lewiss involvement saying it could delay investment and disrupt the transaction. The ruling is important because it clarifies when competitors can challenge large mergers. It also signals tougher scrutiny of consolidation in"
X Link 2026-01-09T09:46Z 49.9K followers, 24K engagements
"CEO COULD GET R300M PAYOUT Old Mutuals new chief executive Jurie Strydom could earn a R300-million payout if he succeeds in lifting the companys share price over the next four years. Since he took over in May [----] the share price has risen by more than 30% giving investors renewed confidence. However the shares still need to climb much higher for the incentive to be paid in full. The company is trying to close a long-standing gap between what the business is worth and how the market values it. To do this Old Mutual plans to cut costs improve efficiency and grow carefully. A major test will be"
X Link 2026-01-13T07:13Z 50.1K followers, 11.4K engagements
"NEDBANK BOOSTS PRIVATE WEALTH TEAM Nedbank Private Wealth has appointed Anelisa Mti as a wealth manager strengthening its advisory services for high-net-worth and family-wealth clients across South Africa. She will focus on long-term wealth planning accumulation and intergenerational solutions. Mti brings experience from Fairbairn Consult FNB South Africa and Chartered Wealth Solutions where she advised affluent clients on tailored financial strategies. She holds recognised financial planning qualifications and is a certified financial planner. Full profile - https://tinyurl.com/mr33r748"
X Link 2026-01-19T08:21Z 49.9K followers, 18K engagements
"PHILIP MORRIS MAKES HISTORY Philip Morris International has appointed Buena Barnes as General Manager of its South African operations marking the first time a woman has led the business locally. Barnes steps into the role after serving as financial director for Sub-Saharan Africa and brings experience from both the tobacco and pharmaceutical sectors. Her appointment comes as the company continues to shift towards smoke-free products including heated tobacco devices amid tightening regulation and high levels of illicit trade in South Africa. The local tobacco market remains sizeable but"
X Link 2026-01-19T12:04Z 50.2K followers, [----] engagements
"RICHEMONT OUTPERFORMS MARKET EXPECTATIONS Richemont reported strong third-quarter sales of 6.4-billion up 11% at constant exchange rates thanks to a successful festive season. This beat expectations of 8% growth. Jewellery brands like Cartier and Van Cleef & Arpels grew 14% while watchmakers rose 7% and fashion accessories 3%. Sales increased across all regions with double-digit gains in the Americas Japan and Middle East and Africa. Retail channels jumped 12%. Over nine months sales hit 17-billion up 10%. The company holds 7.6-billion in net cash amid a growing luxury market. Full story -"
X Link 2026-01-19T15:03Z 50.1K followers, 66K engagements
"MR PRICE FACES INVESTOR BACKLASH South African retailer Mr Price is facing growing backlash from investors over its acquisition of German retailer NKD. The deal valued at nearly R10-billion raises concerns about the company's strategic direction and governance. Benguela Global Fund Managers have called for the Johannesburg Stock Exchange to review the transaction arguing it significantly alters Mr Price's profile. Investors reacted negatively with a drop in share prices reflecting worries about NKD's low profit margins and potential risks. Despite this Mr Price's board remains committed to"
X Link 2026-01-22T09:04Z 49.9K followers, 11.2K engagements
"PEPKOR TO OPEN [---] NEW STORES Pepkor continues to pursue acquisitions as a key part of its growth strategy despite challenges in managing complexity and execution risks. The retailer known for brands like Pep and Ackermans aims to expand across various sectors including retail and financial services. Recent acquisitions include the off-price brand Choice Clothing and furniture businesses from Shoprite. Heading into [----] with plans to open [---] new stores Pepkors store network sits above [--] [---] outlets having added [---] new stores in [----]. Full story - Pictured - Pepkor CEO Pieter Erasmus"
X Link 2026-01-22T20:03Z 49.9K followers, [----] engagements
"HOLIDAY SHOPPING LIFTS ECONOMY South Africas economy received a double boost this season as holiday retail and international business travel surged. According to Visa total holiday spending rose by 7.9% year-on-year despite shifts in consumer behaviour. While 88% of shoppers still prefer physical stores e-commerce saw a massive 49.9% jump fuelled by AI-driven price comparisons. The G20/B20 Summit further catalysed growth with international visitor spending peaking at 49% above [----] levels. This influx particularly benefited the hospitality and restaurant sectors. DEEP DIVE 1/ [----] is cited as"
X Link 2026-01-26T06:04Z 49.9K 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
"EXPLAINED - DATA ROLL-OVER AND SHARING South Africa's telecom regulator ICASA has mandated automatic rollover of unused mobile data voice and SMS bundles starting in [----]. Data rollover means that any unused data at the end of a bundles validity period will no longer automatically disappear. Instead it will be carried over into the next billing cycle at no extra cost provided the customers number remains active. The rolled-over data must be treated under the same conditions as the original bundle such as speed and access. Short-term bundles of seven days or less as well as promotional and"
X Link 2026-01-28T06:03Z 49.9K followers, 17.8K 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
"CEO TO USE COMPANY JET PRIVATELY Starbucks has changed its travel policy for Chief Executive Brian Niccol allowing him to use the companys private jet for both business and personal trips without an annual spending limit. The decision follows a review of safety risks linked to his role and public profile. Starbucks says controlled travel is needed to reduce security risks. The decision reflects a wider corporate trend where executive protection is treated as a business necessity. Niccol joined Starbucks in [----] and is leading a turnaround strategy after weaker trading and falling customer"
X Link 2026-01-29T08:57Z 49.9K followers, 14.6K engagements
"OTHER ROLES HELD BY MTN CEO MTN President and Group CEO Ralph Mupita has joined the board of Dangote Fertiliser and the executive leadership of the Dangote Group ahead of the companys planned stock market listing. Mupita brings capital markets experience after leading the [----] listing of MTN Nigeria. That business now contributes about a third of group earnings and reached a market value of [--] trillion naira in [----]. Ralph Mupita currently holds the following key roles and positions: Primary Role at MTN Group 1/ Group President and Chief Executive Officer (CEO) of MTN Group (since September"
X Link 2026-01-29T11:19Z 49.9K followers, 23.7K engagements
"DIS-CHEM RETURNS R350M TO CUSTOMERS Dis-Chem has returned more than R350-million to customers within [---] days of launching its new Better Rewards programme matching what its previous loyalty scheme delivered in a full year. The retailer says the rapid pace of savings shows strong uptake and could exceed R1.5-billion in value in the first year. The programme offers ongoing discounts across more than [-----] products and includes extra savings for pharmacy purchases Capitec cardholders and certain insurance customers. Management says the focus is on making healthcare more affordable as rising"
X Link 2026-01-30T08:26Z 49.9K followers, 18.2K engagements
"BONITAS DROPS MEDSCHEME Bonitas has ended its administration relationship with Medscheme after more than [--] years appointing Momentum for administration and Private Health Administrators for managed care excluding its Boncap option. The decision move follows a failed court attempt by Medscheme to stop the tender process and a forensic investigation by the industry regulator into earlier procurement decisions. Bonitas says regular benchmarking of service providers is required to protect members from rising non-healthcare costs. The move is a major setback for Medscheme and its parent"
X Link 2026-01-30T10:50Z 50.1K followers, 21.3K 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
"Audi has ruled out making a bakkie saying the segment does not fit the brands luxury image. Chief executive Gernot Dllner (pictured) said a bakkie / pickup is the least likely vehicle Audi would produce despite past experiments with unusual concepts. Earlier comments from former management suggested a bakkie-style model was being explored which later appeared as the Activesphere concept but it never reached production. Instead the company may develop a rugged SUV for off-road use focusing on premium design rather than utility vehicles. Full story - https://ln.run/YbAPC https://ln.run/YbAPC"
X Link 2026-02-02T10:16Z 50.1K followers, [----] engagements
"Shoprite grew sales strongly in the six months to December even as consumers remained under pressure. The retailer generated R136.8bn in revenue up 7.2% year on year with most growth coming from its Supermarkets RSA division. Sales increases were driven mainly by higher volumes and new stores rather than price rises. While national food inflation averaged 4.7% Shoprites own price inflation was only 0.7% helping customers save an estimated R4.6bn. The group also gained market share grew faster than rivals and saw strong online and speciality store performance. Earnings are expected to rise"
X Link 2026-02-02T12:07Z 49.9K followers, [----] engagements
"South Africas Constitutional Court has allowed Lewis to take part in proceedings reviewing the PepkorShoprite furniture merger saying its competition concerns deserve proper testing. The court found that regulators did not fully assess how closely the two businesses compete especially in the low-income furniture market. Lewis argues the deal could leave one dominant retailer with around 59% market share and weaken consumer choice. The court said Lewis does not need to prove the merger will harm competition to be heard. The ruling does not stop the deal but ensures its impact on prices and"
X Link 2026-02-02T12:55Z 50.1K followers, [----] engagements
"Apple has delivered its strongest quarter for the iPhone. Company financial disclosures show that iPhone performance outpaced other product lines and was the main contributor to revenue growth. The latest model launched in September generated stronger consumer interest than its predecessor supporting higher upgrade rates and improved volumes in both mature and emerging markets. Sales in Greater China rose sharply as store traffic and online purchases increased. India also recorded its best quarter across iPhone Mac and iPad supported by rising incomes and interest in premium devices. Full"
X Link 2026-02-02T18:38Z 50.1K followers, [----] engagements
"Ford and Chinas Xiaomi have held early talks about working together on vehicle production. The discussions were exploratory and no formal agreement has been confirmed. The talks reflects pressure on both companies to grow in a highly competitive EV market. Chinese manufacturers are looking overseas as competition at home intensifies while Ford needs partners to cut costs and speed up development. However political tensions between the US and China make cooperation difficult. Chinese brands are expanding quickly in Europe and other regions but entry into the US remains sensitive. Full story -"
X Link 2026-02-03T05:02Z 49.9K followers, [----] 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
"Mpact will retrench about [---] workers after deciding to stop local cartonboard production because imported products are cheaper. The Springs Mill which is the only cartonboard producer in South Africa will close in March. Mpact says global oversupply has pushed international prices down making imports about 20% cheaper than its own production costs. Demand fell further when its biggest customer switched to imported cartonboard. Full story - Pictured - Mpact Group CEO Bruce Strong https://ln.run/th14Q https://ln.run/th14Q"
X Link 2026-02-03T12:12Z 49.9K followers, 61K 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: âž¡ Monetary Policy Committee (MPC):Oversees interest rate decisions and inflation"
X Link 2026-02-04T09:28Z 50.2K followers, 16.4K engagements
"Vodacom delivered strong third-quarter results driven by rapid growth in Egypt and rising demand for mobile financial services across its international markets. Group revenue increased 11% to R43.9bn with service revenue up 12.7% reflecting higher contributions from outside South Africa. Egypt recorded a 39% rise in service revenue supported by growth in data and digital payments while international operations also performed well. Financial services revenue climbed nearly 25% with transaction volumes reaching $500.7bn over the past year. South Africa saw modest growth - Pictured - Vodacom CEO"
X Link 2026-02-05T05:35Z 50.1K followers, [----] 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
"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 50.1K followers, 10.1K 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
"PRIME SHAKE-UP WORRIES NAMIBIA A possible decision by South Africa to scrap its long-standing prime lending rate could create operational challenges for Namibian banks even though the countrys currency peg to the Rand would remain secure. Economist Almandro Jansen says Namibias monetary policy is tied to aligning policy rates with South Africa rather than copying retail lending benchmarks. However changes to South Africas rate framework could complicate pricing systems and weaken cross-border comparability for banks operating in both markets. While improved transparency may benefit borrowers"
X Link 2026-02-06T09:28Z 49.9K followers, [----] 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 50.2K followers, [----] engagements
"Today [--] February [----] the Department of Trade Industry and Competition together with the Departments of Mineral and Petroleum Resources and Water and Sanitation will host a joint Mining Indaba investment forum at the Cape Town International Convention Centre. Under the theme Building Critical Minerals Value Chains in South Africa the event will spotlight the countrys investment opportunities in critical minerals and present investor-ready projects across the value chain. More on SA Mining - https://ln.run/e3xLC https://ln.run/e3xLC"
X Link 2026-02-09T03:30Z 50.1K followers, [----] engagements
"VUKILE ACCELERATES GLOBAL EXPANSION Vukile Property Fund has intensified its deal-making over the past year reshaping its retail portfolio through acquisitions disposals and fresh capital raising. 1/ April 2025: Acquisition of Forum Madeira Shopping Centre (Portugal) 2/ October 2025: Capital Raise via Accelerated Bookbuild 3/ November 2025: Acquisition of 50% Stake in Chatsworth Centre (South Africa) 4/ December 2025: Acquisition of 35% Stake in Pradera Limited (UK) 5/ January 2026: Disposal of Spanish Retail Parks Portfolio 6/ February 2026: Acquisition of Berceo Shopping Centre (Spain) Full"
X Link 2026-02-09T06:04Z 50.1K followers, [----] engagements
"IMPORTS SHAKE LOCAL INDUSTRY South Africas dispute over sugar import tariffs has escalated after the International Trade Administration Commission (Itac) launched a formal review following opposing applications from growers and beverage producers. Cane farmers want the import reference price raised to protect local output while bottlers are pushing for a reduction to ease production costs. Sugar imports have more than doubled this season displacing domestic supply and straining the industry. The review will consider economic and health policy inputs and could reshape pricing across the value"
X Link 2026-02-09T07:03Z 50.1K 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 50.2K followers, [----] engagements
"SYSTEM SPEEDS AGRI SHIPMENTS South Africa and the Netherlands have completed a joint project to digitise agricultural import and export certification replacing slow paper processes with an electronic system that sharply reduces delays. Rising export volumes including maize and soybeans have increased demand for faster processing. Officials say the system will support growing trade flows improve border management and serve as a model for other African countries modernising food export systems. Full story - https://ln.run/y8l6e https://ln.run/y8l6e"
X Link 2026-02-09T10:03Z 50.1K 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
"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
"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 50.2K followers, 10.8K 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 50.2K followers, 310.7K 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 50.2K followers, [----] 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 50.2K followers, 15.8K 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 50.2K followers, 15K 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 50.2K followers, 20.3K 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 50.2K followers, 207.3K 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 50.2K 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 50.2K followers, [----] 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 50.2K followers, 333.6K 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 50.2K followers, 540.9K 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 50.2K followers, 1.3M 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 50.2K 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
"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 50.2K 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 50.2K 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
"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 50.2K followers, 24.3K 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
"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
"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 50.2K followers, [----] 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 50.2K followers, 12.2K 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, 74.9K 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 50.2K followers, 107.3K 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 50.2K followers, 280.9K 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
"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
"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 50.2K followers, 393.8K 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
"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 50.2K 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 50.2K followers, 80.7K 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
"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 50.2K followers, 35.8K 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 50.2K followers, 69.8K 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
"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 50.2K followers, 46.6K 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 50.2K 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 50.2K 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 50.2K 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 50.2K 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 50.2K 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 50.2K followers, [----] 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 50.2K followers, [----] 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, 45.1K 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 50.2K 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
"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 50.2K followers, [---] engagements
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