[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

# ![@businessXplain Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::837611793430237185.png) @businessXplain Business Explainer

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

### Engagements: XXXXXX [#](/creator/twitter::837611793430237185/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::837611793430237185/c:line/m:interactions.svg)

- X Week XXXXXXX +47%
- X Month XXXXXXXXX -XX%
- X Months XXXXXXXXXX -XX%
- X Year XXXXXXXXXX +2,320%

### Mentions: XX [#](/creator/twitter::837611793430237185/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::837611793430237185/c:line/m:posts_active.svg)

- X Week XX -XX%
- X Month XXX -XX%
- X Months XXX -XX%
- X Year XXX +406%

### Followers: XXXXXX [#](/creator/twitter::837611793430237185/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::837611793430237185/c:line/m:followers.svg)

- X Week XXXXXX +0.32%
- X Month XXXXXX +2.60%
- X Months XXXXXX +18%
- X Year XXXXXX +86%

### CreatorRank: XXXXXXX [#](/creator/twitter::837611793430237185/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::837611793430237185/c:line/m:influencer_rank.svg)

### Social Influence [#](/creator/twitter::837611793430237185/influence)
---

**Social category influence**
[finance](/list/finance)  XXXXX% [countries](/list/countries)  XXXX% [stocks](/list/stocks)  XXXX% [technology brands](/list/technology-brands)  XXXX% [automotive brands](/list/automotive-brands)  XXXX%

**Social topic influence**
[investment](/topic/investment) #2417, [south africa](/topic/south-africa) #150, [has been](/topic/has-been) #3502, [acquisition](/topic/acquisition) 4.72%, [take the](/topic/take-the) 1.89%, [insurance](/topic/insurance) 1.89%, [over the](/topic/over-the) 1.89%, [fell](/topic/fell) 1.89%, [$90million](/topic/$90million) 0.94%, [half of](/topic/half-of) XXXX%

**Top accounts mentioned or mentioned by**
[@comfortzayn24](/creator/undefined) [@headaches28](/creator/undefined) [@tt_straata](/creator/undefined) [@marian11eliezer](/creator/undefined) [@vusi_mokwena20](/creator/undefined) [@spunkyp81](/creator/undefined) [@grok](/creator/undefined) [@makhanip](/creator/undefined) [@bassgale](/creator/undefined) [@brightitayi](/creator/undefined) [@tonderaizvimba](/creator/undefined) [@udosini_uncele](/creator/undefined) [@fediza](/creator/undefined) [@asanteonboards](/creator/undefined) [@rogankathleen](/creator/undefined) [@chief_dzata](/creator/undefined) [@paulmzilankatha](/creator/undefined) [@thatswaziguy](/creator/undefined) [@ngubenil](/creator/undefined) [@kleinbooip](/creator/undefined)

**Top assets mentioned**
[British American Tobacco (BTI)](/topic/british-american-tobacco) [DoorDash, Inc. (DASH)](/topic/doordash) [Uber Technologies, Inc. (UBER)](/topic/$uber) [Morgan Stanley (MS)](/topic/morgan-stanley)
### Top Social Posts [#](/creator/twitter::837611793430237185/posts)
---
Top posts by engagements in the last XX hours

"QANTAS FINED FOR FIRING 1820 STAFF Qantas Airways has been ordered to pay a record fine of $90-million (about R1.1 billion) for unlawfully firing 1820 ground staff during the Covid-19 pandemic. The court ruled that replacing staff with contractors breached workplace laws criticising the airlines apologies as more about reputation than remorse. Half of the fine will go to the Transport Workers Union which brought the case. Qantas has apologised and pledged to pay though its share price dipped after the verdict. (Pictured - Qantas CEO Vanessa Hudson) Read more on this story -"  
[X Link](https://x.com/businessXplain/status/1957839978597347715) [@businessXplain](/creator/x/businessXplain) 2025-08-19T16:20Z 44.9K followers, 6916 engagements


"SIU FINDS R50M IN SECRET RAF ACCOUNT The Special Investigating Unit (SIU) has uncovered a hidden Road Accident Fund (RAF) bank account containing R50-million. During a parliamentary briefing investigators revealed multiple alternative accounts holding millions weak controls and fraud-prone processes. The SIU also linked R30-million in diverted funds to individuals and exposed payments to a family member of an RAF executive. Further XXX law firms received duplicate payments totalling R340-million with some now repaying the money. Investigators say RAF executives obstructed the probe exposing"  
[X Link](https://x.com/businessXplain/status/1978001976303423700) [@businessXplain](/creator/x/businessXplain) 2025-10-14T07:36Z 44.9K followers, 214.3K engagements


"STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a XX% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to XXXXX cents. The group declared an interim dividend of XXX cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and"  
[X Link](https://x.com/businessXplain/status/1897606690721206512) [@businessXplain](/creator/x/businessXplain) 2025-03-06T11:14Z 44.8K followers, 17.5K engagements


"FORMER MASSMART CEO JOINS PICK N PAY Pick n Pay has appointed former Massmart CEO Grant Pattison to its board joining economics professor Haroon Bhorat in a bid to steer the retailer towards recovery. This move supports CEO Sean Summers turnaround plan which has already shown promise with improved store performance. Read more about the appointment"  
[X Link](https://x.com/businessXplain/status/1953094238134063338) [@businessXplain](/creator/x/businessXplain) 2025-08-06T14:02Z 44.8K followers, 116.4K engagements


"MOMENTUM POSTS R6.26BN PROFIT Momentum Group has reported record results for the year ending June with normalised headline earnings rising XX% to R6.26-billion and earnings per share jumping 46%. Strong contributions came from Momentum Investments Metropolitan Life Momentum Corporate Momentum Insure and Guardrisk while Africa operations saw weaker profits. The board approved an extra R1-billion for share buybacks and raised its dividend policy range to 4060% of earnings. Looking ahead Momentum expects consumer pressure but remains confident in meeting 2027 growth targets. Full story -"  
[X Link](https://x.com/businessXplain/status/1968241656454382036) [@businessXplain](/creator/x/businessXplain) 2025-09-17T09:12Z 44.8K followers, 18.4K engagements


"REDDY TO LEAD THE JSE AS FOURIE STEPS DOWN The Johannesburg Stock Exchange (JSE) has announced that Group CEO Leila Fourie will retire on XX March 2026 ending a seven-year tenure marked by financial turnaround revenue diversification and regulatory innovation. She will be succeeded by Valdene Reddy the JSEs Director of Capital Markets effective X April 2026. Fouries leadership introduced reforms to listing requirements a voluntary carbon market and new ETF segments while strengthening transformation and sustainability efforts. JSE Chairman Phuthuma Nhleko praised her clarity and resilience"  
[X Link](https://x.com/businessXplain/status/1976215618262032438) [@businessXplain](/creator/x/businessXplain) 2025-10-09T09:18Z 44.8K followers, 9671 engagements


"SOLD: SHOPRITE FURNITURE BUSINESS Pepkor is buying Shoprite's furniture business including over XXX stores and related assets across Southern Africa. The deal representing X% of Pepkor's market value (R80.5-billion) will be paid in cash. This acquisition will enhance Pepkor Lifestyle's supply chain and logistics expanding its customer base and retail footprint. Additionally Pepkor sold its subsidiary TBCo for R1.2-billion streamlining its business portfolio"  
[X Link](https://x.com/businessXplain/status/1830872570494640183) [@businessXplain](/creator/x/businessXplain) 2024-09-03T07:36Z 44.8K followers, 4399 engagements


"FOSCHINI STITCHES UK DEAL South African retailer The Foschini Group (TFG) has acquired UK fashion brand White Stuff expanding its reach in the British market. The acquisition leverages existing bank facilities to integrate White Stuffs XXX stores XX concessions and European presence. White Stuff known for its unique clothing boosts TFGs turnover by nearly XX% reinforcing TFGs growth strategy in the UK. With XX% of White Stuffs sales coming from online channels TFG aims to replicate a retail platform like those it operates in Africa and Australia. In the fiscal year ending April White Stuff"  
[X Link](https://x.com/businessXplain/status/1851141925312635211) [@businessXplain](/creator/x/businessXplain) 2024-10-29T06:00Z 44.9K followers, 2915 engagements


"CHINA COMPETES PEPKOR CONCEDES PROFITS Pepkor is taking a R2.7-billion writedown on goodwill trade and brand names in 2024 due to tough trading conditions affecting Ackermans Tekkie Town and Shoe City. Rising competition from online giants like Shein and Temu is impacting sales along with challenges in the footwear market and declining spending by low-income consumers. Pepkors headline earnings could fall by X% but excluding this writedown the groups earnings per share may jump by up to 264%. Despite these struggles Pepkors revenue rose XXX% to R85.1-billion with its fintech division seeing a"  
[X Link](https://x.com/businessXplain/status/1854448655601721615) [@businessXplain](/creator/x/businessXplain) 2024-11-07T08:59Z 44.8K followers, 8540 engagements


"ASPEN STOCK FALLS PIC BUYS MORE The Public Investment Corporation (PIC) Africas largest fund manager has increased its stake in Aspen Pharmacare to XXXXX% strengthening its position as the companys largest investor. The move means the PICs exposure to Aspen is now worth R15-billion. Despite Aspens stock dropping XX% in six months the company is making big strategic moves. It secured a 500-million loan for vaccine and medicine development in Africa. It applied to register tirzepatide a diabetes drug as a weight loss treatment. Aspen is also preparing for the booming GLP-1 market and signed a"  
[X Link](https://x.com/businessXplain/status/1889931465149817058) [@businessXplain](/creator/x/businessXplain) 2025-02-13T06:55Z 44.8K followers, 9666 engagements


"SHAREHOLDERS REJECT EXECUTIVE PAY Pepkor the parent company of Ackermans and PEP has encountered significant shareholder pushback regarding its executive pay at the recent AGM. Although the overall remuneration policy was narrowly approved the implementation report fell short gaining only XXXXX% of the necessary votes. This reflects growing concern among shareholders about how executive compensation is managed. Pepkor acknowledged the dissent and engaged with shareholders before the meeting valuing their feedback. CEO Pieter Erasmus (pictured) received a total compensation of R25.8-million"  
[X Link](https://x.com/businessXplain/status/1894659573442560485) [@businessXplain](/creator/x/businessXplain) 2025-02-26T08:03Z 44.8K followers, 1523 engagements


"600 JOBS LOST AS COMPANY SHUTS The Cato Ridge ferromanganese smelter in KwaZulu-Natal will shut down by end-August leaving XXX workers jobless. Owned by Assmang - a joint venture between Patrice Motsepes African Rainbow Minerals (ARM) and Assore - the plant has faced crippling losses due to low manganese prices and an eye-watering XXX% rise in electricity costs since 2008. Even proposed tariff relief couldnt save the site. While XXX permanent and XXX contract workers prepare for retrenchment the property will be sold for R453-million to Assores real estate arm transforming the space into"  
[X Link](https://x.com/businessXplain/status/1940712836256145679) [@businessXplain](/creator/x/businessXplain) 2025-07-03T10:02Z 44.8K followers, 261.8K engagements


"RMB & WOOLIES TAKE THE LEAD Rand Merchant Bank (RMB) has been named South Africas most recommended brand topping a new trust and advocacy ranking by KLA using YouGov BrandIndex data. With a score of XXXX% RMB leads a list of brands that South Africans are most likely to suggest to others signalling strong loyalty and customer satisfaction. Woolworths meanwhile dominated the rankings claiming three spots in the top XX most recommended brands. Woolworths Food secured third place with a score of XXXX% followed by Woolworths Clothing in fourth at XXXX% and Woolworths Home in fifth with 85.2%."  
[X Link](https://x.com/businessXplain/status/1953504661987897790) [@businessXplain](/creator/x/businessXplain) 2025-08-07T17:13Z 44.9K followers, 8754 engagements


"SASOL REPORTS R6.8BN PROFIT Sasol has staged a stunning comeback reporting a R6.8-billion profit in 2025 after a heavy R44.3-billion loss last year. Its shares have soared XX% as investors welcomed the turnaround. CEO Simon Baloyi's (pictured) strategy - boosting output cutting costs and pushing renewables - has paid off despite rising carbon credit expenses. The company spent R723-million on offsets and completed a new coal plant to improve fuel quality. The revival positions Sasol as one of this years biggest market winners. Read more -"  
[X Link](https://x.com/businessXplain/status/1960022021536100411) [@businessXplain](/creator/x/businessXplain) 2025-08-25T16:50Z 44.8K followers, 293.3K engagements


"CAPITEC OVERTAKES FIRST RAND Capitec has officially overtaken FirstRand to become South Africas most valuable bank with a market value of R424-billion. Once dismissed as a small microlender Capitec has transformed into a financial giant attracting more than XX million clients and expanding to nearly XXX branches and 9000 ATMs nationwide. Its bold move into business banking including the acquisition of Mercantile Bank has boosted growth. Investors are drawn to its consistent innovation earnings that climbed from R2.5-billion in 2015 to R13.7-billion and its strong appeal to the youth market"  
[X Link](https://x.com/businessXplain/status/1960692209986007470) [@businessXplain](/creator/x/businessXplain) 2025-08-27T13:13Z 44.8K followers, 696.6K engagements


"PEPKOR TO ACQUIRE LEGIT & BOARDMANS Pepkor has received conditional approval from the Competition Tribunal to acquire several clothing brands from Retailability adding XXX stores across southern Africa. The deal includes Legit Style Swagga and Boardmans expanding Pepkors offering in womens fashion menswear and homeware. Importantly no retrenchments are expected as the retailer committed to protecting jobs and boosting procurement from local SMEs and historically disadvantaged providers. The new stores will join Pepkors Speciality division alongside brands like Tekkie Town and Dunns. With the"  
[X Link](https://x.com/businessXplain/status/1962456398047924275) [@businessXplain](/creator/x/businessXplain) 2025-09-01T10:04Z 44.8K followers, 10.3K engagements


"SANTAM REPORTS STRONG RESULTS Santam delivered higher first-half earnings with every business unit outperforming its 2024 results. Group insurance revenue rose XX% to R27.5-billion while headline earnings per share climbed XX% to R18.73. The insurer declared an interim dividend of 590c per share. Growth was supported by strong underwriting margins of XXXX% benign loss trends and no major weather events. Its Alternative Risk Transfer business lifted profit by XX% while international operations especially in India added further momentum. With easing pressure on consumer incomes and a focus on"  
[X Link](https://x.com/businessXplain/status/1962512448486789594) [@businessXplain](/creator/x/businessXplain) 2025-09-01T13:46Z 44.9K followers, 23.3K engagements


"FIRSTRAND EARNINGS CLIMB XX% FirstRand has reported a XX% rise in annual earnings to R41.88-billion supported by strong performances across its domestic operations. Headline earnings reached XXXXX cents per share with the group declaring a final dividend of XXX cents bringing the annual total to XXX cents - up XX% year-on-year. Despite absorbing nearly R3-billion in provisions and fees linked to a UK motor commission issue FirstRand delivered robust results with a return on equity of 20.2%. Looking ahead the group expects mid-teen earnings growth in 2026 supported by rising deposits lending"  
[X Link](https://x.com/businessXplain/status/1966089587215970355) [@businessXplain](/creator/x/businessXplain) 2025-09-11T10:41Z 44.8K followers, 24.7K engagements


"RUPERT POURS BILLIONS BACK TO INVESTORS Remgro the investment group led by Johann Rupert has declared a special dividend of XXX cents per share lifting its total shareholder payout for the year to R3-billion. The move follows the sale of its British American Tobacco stake and strong gains across its portfolio. Annual dividends rose more than XX% while headline earnings surged nearly 40%. Full story - Pictured - Johann Peter Rupert South African billionaire and chairman of Remgro"  
[X Link](https://x.com/businessXplain/status/1970511705751900195) [@businessXplain](/creator/x/businessXplain) 2025-09-23T15:32Z 44.8K followers, 29.1K engagements


"EXPLAINED - HISTORIC JSE SALE Anglo American has completed the sale of its remaining XXXX% stake in Valterra Platinum for R44.1-billion marking the largest equity capital markets transaction in Johannesburg Stock Exchange history. Standard Bank acting as joint global coordinator played a critical role in securing anchor demand to ensure the success of the placement. The sale concludes Anglo Americans full exit from Valterra allowing it to sharpen focus on copper premium iron ore and crop nutrients while strengthening its balance sheet. Full details - Pictured - Duncan Graham Wanblad Anglo"  
[X Link](https://x.com/businessXplain/status/1971189218907922678) [@businessXplain](/creator/x/businessXplain) 2025-09-25T12:25Z 44.8K followers, 26.8K engagements


"CHINESE CARMAKERS TO ASSEMBLE VEHICLES IN SA Chinese automakers Great Wall Motors (GWM) and Chery are set to assemble vehicles in South Africa as demand increases and sales rebound to pre-Covid-19 levels. Chery targeting sales of up to 39000 units this year is considering a local plant - either through takeover or new construction. GWM is exploring joint ventures with local assemblers though high content requirements and volume thresholds pose challenges. September sales climbed XX% year-on-year to 54700 units with Chery now ranking fourth in passenger car sales and GWM sixth. Both companies"  
[X Link](https://x.com/businessXplain/status/1975479958454640744) [@businessXplain](/creator/x/businessXplain) 2025-10-07T08:34Z 44.8K followers, 148K engagements


"INVESTEC WINS LICENCE TO TRADE ELECTRICITY Investec has secured a 20-year energy trading licence from Nersa enabling the bank to introduce specialised energy products. The licence marks a breakthrough in South Africas liberalising energy market giving Investec a platform to fund hedge and offtake clean power. Its first deal will draw electricity from the 50MW Ilikwa Solar PV facility in the Free State from 2026. While Eskom has challenged Nersas licensing powers in court critics argue the utility resists competition. Full story - Pictured - Fani Titi Investec CEO"  
[X Link](https://x.com/businessXplain/status/1971210698056258016) [@businessXplain](/creator/x/businessXplain) 2025-09-25T13:50Z 44.9K followers, 370K engagements


"NASPERS TAKES A R83BN BITE OF JUST EAT Naspers has completed its R83 billion acquisition of a XX% stake in Just Eat through its international arm Prosus. With EU approval secured the move positions Prosus as the worlds fourth-largest food delivery company behind Meituan DoorDash and Uber. Operating in XX markets and linking XX million customers to 362000 restaurants Just Eat expands Prosuss global reach. CEO Fabricio Bloisi (pictured) praised the acquisition as a landmark step for growth and innovation. Full story -"  
[X Link](https://x.com/businessXplain/status/1973946860642725889) [@businessXplain](/creator/x/businessXplain) 2025-10-03T03:03Z 44.9K followers, 1446 engagements


"BIG PROFITS BIGGER PAYDAYS AT SHOPRITE South Africas largest retailer Shoprite Holdings has rewarded its leaders after another strong year. CEO Pieter Engelbrecht (pictured) earned R87-million in 2025 a XXX% rise from 2024 pretty much highlighting the groups impressive XXXX% profit growth and resilient performance despite tough economic conditions. His package included salary bonuses and share-based incentives part of Shoprites plan to link pay with results. CFO Anton de Bruyn earnedR32.8-millionin 2024 after a XX% salary increase to stay competitive though his 2025 pay has not yet been"  
[X Link](https://x.com/businessXplain/status/1978078983745892506) [@businessXplain](/creator/x/businessXplain) 2025-10-14T12:42Z 44.9K followers, 17.1K 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 XX 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) [@businessXplain](/creator/x/businessXplain) 2025-10-17T13:29Z 44.9K followers, 3447 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 2013 to R22-billion today. - 📉 Shareholders have seen no real gains over the past XX years - or even in the last five. The companys financials further explain the depth of its challenges as total shareholder return has collapsed by XX% over the past XX years while the compound annual growth rate has tumbled from XX% in 2016 to just X% today. - 🗞 According to recent media reports foreign investors who once owned two-thirds of the company have"  
[X Link](https://x.com/businessXplain/status/1977346091696673238) [@businessXplain](/creator/x/businessXplain) 2025-10-12T12:10Z 44.9K followers, 26.4K engagements


"NESTL TO CUT 16000 JOBS GLOBALLY Nestl is cutting 16000 jobs worldwide as new CEO Philipp Navratil launches a major restructuring to drive growth and efficiency. The move affecting X% of its 277000 staff comes alongside stronger-than-expected third-quarter results with organic sales up XXX% and total sales reaching XXXX billion francs. Most cuts will hit white-collar roles as Nestl raises its cost-savings target to X billion francs by 2027. (White-collar roles refer to professional managerial or administrative jobs typically performed in an office or corporate environment) Navratil (pictured)"  
[X Link](https://x.com/businessXplain/status/1978729326041330139) [@businessXplain](/creator/x/businessXplain) 2025-10-16T07:46Z 44.9K followers, 2697 engagements


"MTN HITS A FIRST-IN-AFRICA MILESTONE MTN Group has become the first African mobile operator to surpass XXX million users marking a defining moment in its 30-year journey. Born in South Africas democratic dawn MTN transformed access to communication through prepaid mobile innovation and bold expansion across XX markets. Today its strength lies in Nigeria Ghana and South Africa with fintech and data driving double-digit growth. As MTN eyes 2030 it plans to lead Africas digital future through connectivity fintech innovation and next-generation infrastructure. Full story - Pictured - Ralph Mupita"  
[X Link](https://x.com/businessXplain/status/1980223610808655970) [@businessXplain](/creator/x/businessXplain) 2025-10-20T10:44Z 44.9K followers, 104.4K engagements


"CORONATION CASHES IN ON VICTORY Coronation Fund Managers annual profits more than tripled thanks to strong market returns and a tax dispute win against SARS. Total assets under management (AUM) grew XX% to R667-billion despite R51.1-billion in outflows reflecting SAs weak economy. Coronation plans to boost Black ownership to XX% through a second B-BBEE deal to secure more mandates. Shares rose X% valuing the firm at R13.8-billion with a XX% yearly increase. Headline earnings rose XXX% to 630.5c per share enabling a final dividend of 228c per share a XX% rise. Including a special dividend of"  
[X Link](https://x.com/businessXplain/status/1858880877264019680) [@businessXplain](/creator/x/businessXplain) 2024-11-19T14:31Z 44.9K followers, 1666 engagements


"BARLOWORLD DIVIDEND RAISES EYEBROWS Barloworld Group announced a X% drop in revenue to R41.9 billion for the year ending September 2024 with operating profit falling XXXX% to R3.8-billion. Despite these declines the company declared a final dividend of XXX cents per share bringing the total to XXX cents for the year which is X% higher than the previous year. The results were impacted by restructuring costs and an acquisition in Mongolia. Barloworld also made provisions for inventory obsolescence and restructuring related to its Russian business. Additionally the company is in talks with a"  
[X Link](https://x.com/businessXplain/status/1861017239761371417) [@businessXplain](/creator/x/businessXplain) 2024-11-25T12:01Z 44.9K followers, 10.9K engagements


"BARLOWORLDS FUTURE HANGS UNCERTAIN Silchester International Investors a major Barloworld shareholder has rejected a consortium's cash offer of R120 per share stating they won't sell unless it rises to R130. Silchester holds XXXX% of Barloworld's shares and its support is crucial for the buyout's success. The consortium including Saudi's Zahid Group needs XX% shareholder approval but faces skepticism about commitments from major investors. Concerns over CEO Dominic Sewela's potential conflict of interest have also emerged. As negotiations continue Barloworld's stock closed at R109.95"  
[X Link](https://x.com/businessXplain/status/1868893349546971271) [@businessXplain](/creator/x/businessXplain) 2024-12-17T05:37Z 44.9K followers, 7534 engagements


"GOOD NEWS FOR BARLOWORLD Moodys has upgraded Barloworlds credit rating citing the companys ability to maintain stable credit metrics despite a downturn in commodity demand. The upgrade comes as a consortium led by Barloworld CEO Dominic Sewela and Gulf Falcon Holding pushes a R23-billion bid to take the company private at R123 per share. US-based Caterpillar Barloworlds key supplier has backed the deal adding pressure on dissenting shareholders like Silchester International Investors which holds XX% and opposes the bid. Independent advisers Rothschild & Co have deemed the offer fair and"  
[X Link](https://x.com/businessXplain/status/1890251655393730694) [@businessXplain](/creator/x/businessXplain) 2025-02-14T04:08Z 44.9K followers, 5640 engagements


"BARLOWORLD SEES REVENUE RISE Barloworld has reported a X% increase in revenue largely thanks to exceptional growth in its Mongolia operations where revenue soared by XX% due to strong product sales and aftermarket demand. While the Southern African mining sector struggles with lower commodity prices the expanding infrastructure projects in Mongolia have provided a positive offset. Despite challenges Barloworld remains confident in its financial health bolstered by a recent credit rating upgrade from Moodys. Although after-sales activity in parts and services saw a decline effective cost"  
[X Link](https://x.com/businessXplain/status/1892880191975731555) [@businessXplain](/creator/x/businessXplain) 2025-02-21T10:13Z 44.9K followers, 3510 engagements


"TOP FEMALE EXECUTIVE BIDS FAREWELL Coronation Fund Managers has announced that its Chief Financial Officer Mary-Anne Musekiwa will step down in November 2025 to pursue an international opportunity. Musekiwa (pictured) one of South Africas leading women in finance joined Coronation in 2019 and played a key role in both financial strategy and transformation. She helped secure an R800-million tax win at the Constitutional Court and oversaw a shift in Black ownership from XX% to 52%. With XX% of assets now managed by Black professionals her departure is"  
[X Link](https://x.com/businessXplain/status/1932051108815311352) [@businessXplain](/creator/x/businessXplain) 2025-06-09T12:24Z 44.9K followers, 11.2K engagements


"BLACK INVESTORS POCKET R3BN MTN Zakhele Futhi MTNs Black empowerment scheme has raised R3-billion by selling XXXXX 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 XXXX% 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)"  
[X Link](https://x.com/businessXplain/status/1933118677940863073) [@businessXplain](/creator/x/businessXplain) 2025-06-12T11:06Z 44.9K followers, 9483 engagements


"SIBANYE BUYS U.S. REFINERY FOR R1.49BN Sibanye-Stillwater has bought US-based Metallix Refining for R1.49-billion strengthening its recycling and refining operations. The North Carolina firm recycles precious metals from industrial waste offering Sibanye advanced technology and extra processing capacity. CEO Neal Froneman (pictured) said the acquisition fits well with the companys global strategy. The deal also positions Sibanye to benefit from US incentives like the Inflation Reduction Act and rising demand for critical minerals. Read more about how American harsh tariffs may play out"  
[X Link](https://x.com/businessXplain/status/1947675753824559577) [@businessXplain](/creator/x/businessXplain) 2025-07-22T15:11Z 44.9K followers, 30.5K engagements


"CORONATION IS LOOKING FOR A CFO Coronation Fund Managers a heavyweight in South Africas investment industry is searching for a Chief Financial Officer to steer its financial ship. The permanent role requires a hands-on leader with strong boardroom experience and deep financial expertise. Candidates must be Chartered Accountants with at least XX years experience proven leadership skills and technological savvy. This appointment promises not just responsibility but influence - a chance to shape Coronations future and its continued growth story. Apply here"  
[X Link](https://x.com/businessXplain/status/1958569266544091176) [@businessXplain](/creator/x/businessXplain) 2025-08-21T16:37Z 44.9K followers, 8998 engagements


"A CLOSER LOOK - NEW SIBANYE CEO Sibanye-Stillwater has appointed Dr Richard Stewart as its new CEO succeeding Neal Froneman. Under Froneman Sibanye grew into a R140-billion powerhouse returning R46-billion to shareholders. Stewart's Academic Credentials - BSc (Honours) in Geology (Witwatersrand) - PhD in Geology (Witwatersrand) - MBA Warwick Business School UK - Registered Natural Scientist (PrSciNat); - Fellow of the Geological Society of South Africa Sibanye Professional Roles (25+ Years) - Executive Vice President: Business Development - Group COO appointed December 2020 - Chief Regional"  
[X Link](https://x.com/businessXplain/status/1974007258473230759) [@businessXplain](/creator/x/businessXplain) 2025-10-03T07:03Z 44.9K followers, 50.3K engagements


"EXPLAINED - OLD MUTUAL & SANLAM DEAL Old Mutual has sold medical devices supplier Medhold to rival insurer Sanlam marking a major shift in South Africas healthcare investment landscape. Through their private equity arms the deal highlights growing interest in healthcare technology as demand rises across the continent. Since acquiring Medhold in 2018 Old Mutual grew its earnings XXX times and expanded its product range into robotic surgery orthopaedics and infection control. With operations in XX African countries Sanlam aims to onboard XX million new customers by the end of 2025 emphasising"  
[X Link](https://x.com/businessXplain/status/1975906171757236357) [@businessXplain](/creator/x/businessXplain) 2025-10-08T12:48Z 44.9K followers, 14.3K engagements


"RUPERT PRAISES MINISTER TAU Remgro chair Johann Rupert has praised Trade Industry and Competition Minister Parks Tau for appealing a Competition Tribunal ruling that blocked a deal between Vodacom and Remgro's fibre business. Rupert called the Tribunal's decision "absurd" pointing out the need for South Africa to enhance its technological capabilities. The Tribunal raised concerns about market competition while Vodacom argued the deal would improve services in underserved areas and create jobs. Rupert shared anecdotes about Remgro's fibre projects highlighting the need for better connectivity"  
[X Link](https://x.com/businessXplain/status/1862380747060908066) [@businessXplain](/creator/x/businessXplain) 2024-11-29T06:19Z 44.9K followers, 18.6K engagements


"HEAD OF PRODUCT DEVELOPMENT NEEDED Capitec Bank is searching for a Head of Product Development in its Insurance Division based in Stellenbosch. The role will shape product strategy design and delivery driving the growth of life insurance solutions tailored to South Africans needs. The successful candidate ideally a qualified actuary with over ten years experience will lead a team to develop innovative offerings that set Capitec apart. Read more about the role and apply -"  
[X Link](https://x.com/businessXplain/status/1967064259868729760) [@businessXplain](/creator/x/businessXplain) 2025-09-14T03:14Z 44.9K followers, 6462 engagements


"CAPITEC PROFITS CLIMB TO R8 BILLION Capitec Bank has delivered a strong set of half-year results reporting a XX% rise in headline earnings to more than R8-billion for the six months to August 2025. Capitec has been the leading bank by customer base for a while and it has reported that it now serves at least XX million clients. According to the interim results the bank also has XX million users on its banking app. New offerings from cross-border transfers to Home Affairs services in branches reinforce Capitecs bold goal to bank XX% of South Africans. Full story - Pictured - CEO Graham Lee"  
[X Link](https://x.com/businessXplain/status/1973657824598048849) [@businessXplain](/creator/x/businessXplain) 2025-10-02T07:54Z 44.9K followers, 21.7K engagements


"VODACOM'S DEAL BLOCKED South Africas Competition Tribunal has blocked Vodacom Groups R13.2-billion purchase of a stake in Remgros fiber businesses. The Competition Commission had previously raised antitrust concerns recommending that the tribunal prevent the deal - which reflects ongoing scrutiny of mergers in the telecommunications sector as companies invest in infrastructure to serve a tech-savvy population. More on this here:"  
[X Link](https://x.com/businessXplain/status/1851507073558741258) [@businessXplain](/creator/x/businessXplain) 2024-10-30T06:11Z 44.9K followers, 19.2K engagements


"R3.6 BILLION PROFIT FOR REMGRO Remgro has reported a remarkable XXXX% rise in headline earnings for the six months ending December driven by strong performances from key companies like Rainbow Chicken RCL Foods Outsurance and Mediclinic. Headline earnings per share (HEPS) rose to XXX cents while earnings per share (EPS) surged by an impressive XXXXX% to XXX cents. The group achieved a total profit of R3.65-billion a significant recovery from the previous year's loss. Remgro also declared an interim dividend of XX cents per share reflecting its robust financial health. Although the company"  
[X Link](https://x.com/businessXplain/status/1904455364445130835) [@businessXplain](/creator/x/businessXplain) 2025-03-25T08:48Z 44.9K followers, 6552 engagements


"BEER SALES LOSE BUBBLE Heineken Beverages is battling a drop in sales in South Africa especially in beer and cider despite its 2023 merger with Distell and Namibia Breweries. While Namibia showed strong growth South Africa struggled due to fierce competition and pricing missteps. Beer and cider volumes dropped by high single digits and wine sales fell sharply as the company shifted its focus to more profitable products. The merger was meant to boost Heinekens African presence but an 18-month pause in information sharing left gaps. Despite this Heineken is fighting back with new launches like"  
[X Link](https://x.com/businessXplain/status/1912802683498439147) [@businessXplain](/creator/x/businessXplain) 2025-04-17T09:37Z 44.9K followers, 63.2K engagements


"COURT CLEARS VODACOMS R13.2BN DEAL South Africas Competition Appeal Court has approved Vodacoms R13.2-billion acquisition of a stake in Remgros fibre unit Maziv which owns Dark Fibre Africa and Vumatel. Vodacom will take XX% with an option to increase to XX% aiming to accelerate broadband rollout and expand digital inclusion. The deal initially opposed by regulators gained support after further investment commitments and backing from Trade Minister Parks Tau. Vodacom CEO Shameel Joosub (pictured) hailed the ruling as key to boosting connectivity meeting surging demand for data and"  
[X Link](https://x.com/businessXplain/status/1956322972341325892) [@businessXplain](/creator/x/businessXplain) 2025-08-15T11:51Z 44.9K followers, 7771 engagements


"ABSA REPORTS STRONG RESULTS Absa Group reported a strong first-half performance with earnings rising XX% despite a difficult global economy. Revenue grew X% to R56.49-billion boosted by a XX% increase in non-interest income and X% growth in net interest income. Headline earnings jumped XX% and the bank declared an interim dividend of XXX cents up XX% from last year. While profitability improved Absa lowered South Africas 2025 GDP forecast to XXX% amid global trade tensions though it sees growth picking up to XXX% in 2026. (Pictured - Kenny Fihla - Absa Group CEO) Read more about Absa's"  
[X Link](https://x.com/businessXplain/status/1957387370170347588) [@businessXplain](/creator/x/businessXplain) 2025-08-18T10:21Z 44.9K followers, 20.8K engagements


"BIDVEST REPORTS R12BN PROFIT Bidvest has reported resilient results for the year to June with revenue up X% to R126.6-billion and trading profit edging higher at R12-billion. Headline earnings dipped slightly by X% while cash from operations rose X% to R14.7-billion reflecting strong balance sheet management. Divisional performance was mixed: freight earnings fell XX% and commercial products plunged XXXX% but services delivered double-digit growth locally and abroad. Bidvest expanded with acquisitions including Citron Hygiene in North America and a 25-year Richards Bay concession. (Pictured -"  
[X Link](https://x.com/businessXplain/status/1962470994012246513) [@businessXplain](/creator/x/businessXplain) 2025-09-01T11:02Z 44.9K followers, 26.4K engagements


"TSHWANE SECURES R16BN FOR CAR FACTORIES Tshwane has secured investment commitments worth R86-billion promising a major boost for South Africas capital city. Of this R16-billion is dedicated to the automotive sector home to giants like Ford and BMW. The remaining pledges focus on infrastructure aviation and renewable energy with R6.8-billion already in motion. Mayor Dr Nasiphi Moya (pictured) while welcoming the pledges cautioned that public funding alone cannot meet the citys infrastructure demands. Tshwane the countrys second-largest economy after Johannesburg now aims to use private"  
[X Link](https://x.com/businessXplain/status/1967915913241411836) [@businessXplain](/creator/x/businessXplain) 2025-09-16T11:38Z 44.9K followers, 445.3K engagements


"MINIMUM PAY FirstRand which owns FNB RMB and WesBank has raised its minimum salary for non-banking staff to R15400 per month while banking roles now start at R17900 per month. These pay changes come with other benefits like medical aid subsidies and school fee assistance. This adjustment aligns with FirstRands commitment to providing a decent standard of living for all employees. With South Africas Companies Amendment Act requiring transparency on pay disparities soon FirstRand is preparing for new reporting standards. Group CEO Mary Vilakazi earned R40-million including incentives for the"  
[X Link](https://x.com/businessXplain/status/1851861391453372497) [@businessXplain](/creator/x/businessXplain) 2024-10-31T05:38Z 44.9K followers, 281.7K engagements


"R240 MILLION PAYDAY FOR CEO Phuthi Mahanyele-Dabengwa CEO of Naspers South Africa has sold R239-million worth of shares in a single transaction. The share options were part of incentive packages granted between 2020 and 2023. The sale made on XX July was reportedly to settle taxes and related costs. Despite cashing out she retained 9999 shares worth over R55-million. Her total pay last year was R44-million and she is now on the Naspers board with a Prosus board seat pending. Read more on this"  
[X Link](https://x.com/businessXplain/status/1952648200478711908) [@businessXplain](/creator/x/businessXplain) 2025-08-05T08:29Z 44.9K followers, 484.1K engagements


"EXXARO APPOINTS NEW LEADERS Exxaro Resources has announced key leadership changes as it positions itself for growth in energy metals and coal. From November Caroline Shirindza (pictured) will become executive head of coal while Neo Monareng will lead sustainability succeeding Mongezi Veti who retires in 2026. CEO Ben Magara said the appointments strengthen Exxaros ability to seize opportunities boost efficiency and deliver value to shareholders. The refreshed team also includes leaders across finance energy metals technical services and strategy. Exxaro says the new structure makes the"  
[X Link](https://x.com/businessXplain/status/1958118830430998698) [@businessXplain](/creator/x/businessXplain) 2025-08-20T10:48Z 44.9K followers, 14.9K engagements


"EXXARO REPORTS R4.1BN PROFIT Exxaro Resources shares rose more than XX% to R180.77 after the group reported record first-half profits. Net profit rose XX% to R4.1-billion while earnings per share climbed XX% to 1724 cents. Revenue grew X% to R20.6-billion with stronger coal sales offsetting weaker commodity prices. Exxaro declared an interim dividend of R8.43 its 45th consecutive payout since listing. Alongside stable production the group advanced renewable projects and struck a R14.68-billion acquisition deal. Investors welcomed the results reflecting confidence in Exxaros growth and"  
[X Link](https://x.com/businessXplain/status/1958535429881237911) [@businessXplain](/creator/x/businessXplain) 2025-08-21T14:23Z 44.9K followers, 50.3K engagements


"DHL BETS ON SOUTH AFRICA South Africa is set to gain from a R6-billion investment by global logistics giant DHL aimed at expanding its operations across Africa. R1-billion will be channelled into South Africa over the next five years supported by improved Transnet performance and rising port efficiency. Despite poor global rankings in the World Banks Port Performance Index recent data shows record-breaking container volumes and major upgrades at ports like Durban Cape Town and Coega. DHLs plans include expanding cold-chain logistics healthcare transport and supply chain capacity - signalling"  
[X Link](https://x.com/businessXplain/status/1978717431011971205) [@businessXplain](/creator/x/businessXplain) 2025-10-16T06:59Z 44.9K followers, 28.8K engagements


"NEW R8BN AIRPORT TO CREATE 100000 JOBS Growthpoint Properties has announced a strategic investment in the R8-billion Cape Winelands Airport precinct a landmark development poised to transform the Western Capes aviation and tourism landscape. The property company known for co-owning the V&A Waterfront will co-develop and manage logistics hospitality and commercial assets within the 450-hectare site. Once completed the airport is expected to support over 100000 jobs and operate largely on renewable energy. Construction is slated to begin in 2026 with the first flights by 2028. Full details -"  
[X Link](https://x.com/businessXplain/status/1978806086237897093) [@businessXplain](/creator/x/businessXplain) 2025-10-16T12:51Z 44.9K followers, 56.4K engagements


"RUITERS POISED FOR US AMBASSADOR ROLE Alistair Ruiters President Cyril Ramaphosas special adviser on investment promotion is tipped to become South Africas next ambassador to the United States. The post has remained vacant since Ebrahim Rasools removal leaving key trade and diplomatic ties strained according to Sunday Times. Ruiters who recently led trade negotiations with Washington is seen as a bridge-builder despite limited diplomatic experience. His appointment could restore trust and advance talks to ease heavy tariffs threatening South African jobs. Government officials insist"  
[X Link](https://x.com/businessXplain/status/1980200787448836146) [@businessXplain](/creator/x/businessXplain) 2025-10-20T09:13Z 44.9K followers, 18.3K engagements


"CHIETA APPOINTS NEW CHAIR AND CEO The Chemical Industries Education and Training Authority (CHIETA) has welcomed a new Accounting Authority appointed by the Minister of Higher Education and Training. Gerhard Cloete will serve as Interim Chairperson while Yershen Pillay has been reappointed as CEO until XX March 2030. Under Pillays leadership CHIETA has achieved three consecutive clean audits XXX% performance against its annual targets and launched nine SMART Skills Centres that have trained over 41000 South Africans in digital and future-ready skills. More details -"  
[X Link](https://x.com/businessXplain/status/1980605234628948159) [@businessXplain](/creator/x/businessXplain) 2025-10-21T12:01Z 44.9K followers, 1643 engagements


"THE RISING COST OF BEING YOUNG South Africas Generation Z (born between 1997 and 2012) is growing up in an economy that seems determined to shut them out according to a new report by The TEFL Academy titled The Cost of Being Young in 2005 vs 2025. The report reveals how todays youth face shrinking pay cheques and rising costs that make independence nearly impossible. Graduate salaries have barely risen in XX years while rent has jumped XXX% food XXX% and transport nearly 500%. Many earn just R7000 a month but pay more than half on housing alone. With youth unemployment rising thousands are"  
[X Link](https://x.com/businessXplain/status/1980635434410500312) [@businessXplain](/creator/x/businessXplain) 2025-10-21T14:01Z 44.9K followers, 11.8K engagements