[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 Business Explainer Business Explainer posts on X about ceo, strong, bank, business the most. They currently have XXXXXX followers and 1294 posts still getting attention that total XXXXXXX engagements in the last XX hours. ### Engagements: XXXXXXX [#](/creator/twitter::837611793430237185/interactions)  - X Week XXXXXXXXX -XX% - X Month XXXXXXXXX +64% - X Months XXXXXXXXXX +103% - X Year XXXXXXXXXX +620% ### Mentions: XX [#](/creator/twitter::837611793430237185/posts_active)  - X Week XXX -XX% - X Month XXX +52% - X Months XXX +79% - X Year XXX +170% ### Followers: XXXXXX [#](/creator/twitter::837611793430237185/followers)  - X Week XXXXXX +0.44% - X Month XXXXXX +4.90% - X Months XXXXXX +24% - X Year XXXXXX +62% ### CreatorRank: XXXXXXX [#](/creator/twitter::837611793430237185/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) #2473 [countries](/list/countries) [stocks](/list/stocks) [travel destinations](/list/travel-destinations) [technology brands](/list/technology-brands) [automotive brands](/list/automotive-brands) [luxury brands](/list/luxury-brands) [currencies](/list/currencies) [fashion brands](/list/fashion-brands) **Social topic influence** [ceo](/topic/ceo) #344, [strong](/topic/strong) #2087, [bank](/topic/bank) #2544, [business](/topic/business) #740, [south africa](/topic/south-africa) #485, [investment](/topic/investment) #543, [dividend](/topic/dividend) #88, [acquisition](/topic/acquisition) #571, [the first](/topic/the-first), [money](/topic/money) #4391 **Top accounts mentioned or mentioned by** [@thegeopol](/creator/undefined) [@paulmzilankatha](/creator/undefined) [@k_gillion](/creator/undefined) [@unathiafrika](/creator/undefined) [@simbamahachi](/creator/undefined) [@fayanov_mk](/creator/undefined) [@kokondhlovu](/creator/undefined) [@grok](/creator/undefined) [@me_minime](/creator/undefined) [@ma1109201](/creator/undefined) [@hlangus_](/creator/undefined) [@trudimakhaya](/creator/undefined) [@gmailcom](/creator/undefined) [@tshikululu](/creator/undefined) [@wedesignza](/creator/undefined) [@wedesignsolutionscoza](/creator/undefined) [@tradedepothq](/creator/undefined) [@realdonaldtrump](/creator/undefined) [@elonmusk](/creator/undefined) [@desteagovza](/creator/undefined) **Top assets mentioned** [Coca-Cola Co (KO)](/topic/$ko) [British American Tobacco (BTI)](/topic/british-american-tobacco) [Morgan Stanley (MS)](/topic/morgan-stanley) [Gilead Sciences, Inc. (GILD)](/topic/gilead-sciences) ### Top Social Posts Top posts by engagements in the last XX hours "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) 2025-10-02T07:54Z 48.5K followers, 21.9K 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 XXX% 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 48.5K followers, 3822 engagements "TRAXTION INVESTS R3.4BN IN SA RAIL Traxtion has announced a landmark R3.4-billion investment in South Africa's freight logistics sector aimed at acquiring XX locomotives and XXX wagons. This investment the largest in private freight rail is fully-funded by equity and debt financing. It supports the governments railway reform programme aiming to introduce independent operators and break Transnets monopoly. The investment will enhance rail capacity by XXX million tonnes annually create XXX direct jobs and boost domestic manufacturing. Traxtion CEO James Holley (pictured) noted the projects" [X Link](https://x.com/businessXplain/status/1996094546967445654) 2025-12-03T05:50Z 48.5K followers, 165.5K engagements "EXPLAINED - CAPITEC R400M ACQUISITION Capitec Bank has struck a deal to buy South African fintech Walletdoc for R400-million marking its boldest move yet into the fast-growing world of digital payments. Shoppers and merchants will pay less and settle bills more easily while the bank aims to reach millions more unbanked South Africans. The price includes R300-million cash upfront and another R100-million paid over three years if targets are met. Founded just ten years ago Walletdoc already powers instant EFTs payment links and real-time payouts for hundreds of businesses. WHAT YOU NEED TO KNOW" [X Link](https://x.com/businessXplain/status/1998027117993373977) 2025-12-08T13:49Z 48.5K followers, 19K engagements "MINIMUM PAY FirstRand which owns FNB RMB and WesBank has raised its minimum salary for non-banking staff to R15400 per month while banking roles now start at R17900 per month. These pay changes come with other benefits like medical aid subsidies and school fee assistance. This adjustment aligns with FirstRands commitment to providing a decent standard of living for all employees. With South Africas Companies Amendment Act requiring transparency on pay disparities soon FirstRand is preparing for new reporting standards. Group CEO Mary Vilakazi earned R40-million including incentives for the" [X Link](https://x.com/businessXplain/status/1851861391453372497) 2024-10-31T05:38Z 48.5K followers, 282.3K 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 XX 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 48.5K followers, 35.5K 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 -" [X Link](https://x.com/businessXplain/status/1993969204303695915) 2025-11-27T09:04Z 48.5K followers, 16.8K engagements "STARLINK COMPETITOR LAUNCHES IN SA Amazon Leo has launched a webpage Amazon's Leo where users can register for satellite broadband service. However the service is currently only in public testing with select enterprise partners and a general commercial launch is expected in 2026. Amazon Leo's Ultra is designed to deliver download speeds of up to X Gbps which is faster than Starlink's current median speeds. A CLOSER LOOK 1/ Despite urban growth XX% of South African households currently remain offline highlighting the critical need for solutions like Leo and Starlink. 2/ Leo uses optical" [X Link](https://x.com/businessXplain/status/1994048608358826271) 2025-11-27T14:20Z 48.5K followers, 76.3K engagements "EXPLAINED - SAMSUNG SPRINGBOKS DEAL Samsung has partnered with the South African Rugby Union (SARU) becoming the official technology sponsor for all Springboks teams. This high-profile deal arrives as the union's commercial income has increased by XX% in 2025. The massive sponsorship wave which includes other household names like Coca-Cola FNB MTN and Pick n Pay indicates the growing brand value and global appeal of the world rugby champions in the corporate sector. A CLOSER LOOK 1/ Samsung's partnership covers not just the senior mens Springboks but also the Springbok Women Junior Springboks" [X Link](https://x.com/businessXplain/status/1994370559916851374) 2025-11-28T11:39Z 48.5K followers, 31.4K engagements "R13BN SPEND SET FOR KZN KwaZulu-Natal is preparing for one of its strongest festive seasons in years with up to a million domestic trips and strong international arrivals expected. Tourism officials project R13-billion in direct spending lifting growth and supporting jobs across the province. From Durban to rural districts upgraded safety cruise tourism and new investments are boosting confidence. With high hotel bookings and packed events the province is reclaiming its status as South Africas summer favourite. ZOOMING IN 1/ KwaZulu-Natal currently holds the largest share of domestic holiday" [X Link](https://x.com/businessXplain/status/1995467918482833781) 2025-12-01T12:20Z 48.5K followers, 11.1K engagements "NOVARE MANAGEMENT TAKES FULL CONTROL Novare Holdings has completed a major management buyout after Ata Capital Fund II sold its full XX% stake to the companys leadership team. The transaction gives management full ownership and greater strategic control. The buyout follows years of operational growth regional expansion and strong empowerment credentials including Level X BEE status. Novare has also built a reputation for green investment and asset management excellence. With owner-management firmly in place the group is now positioned to pursue more focused growth while strengthening client" [X Link](https://x.com/businessXplain/status/1996132295682785334) 2025-12-03T08:20Z 48.5K followers, 5856 engagements "NEDBANK PAYOUT DIDN'T DERAIL GROWTH Nedbank has delivered earnings growth in line with forecasts for the ten months to October supported by stronger income lower impairments and disciplined cost control. The outlook excludes a R600-million once-off settlement with Transnet linked to historic interest-rate swap deals examined during the Raymond Zondo inquiry. Operationally credit quality improved beyond expectations while lending and deposit growth remained resilient. Strategic progress also continued through acquisitions and disposals. Looking ahead Nedbank expects easing inflation lower" [X Link](https://x.com/businessXplain/status/1996200244258755022) 2025-12-03T12:50Z 48.5K followers, 4730 engagements "AFRICAN BANK SEEKS ENTREPRENEURS African Bank has opened applications for its 2026 MSME Capacity Building Programme aiming to strengthen Black-owned small businesses through a year-long support initiative. The programme focuses on mentorship skills development and access to markets helping entrepreneurs overcome common growth barriers. Eligible applicants must be majority Black-owned locally-owned and run by full-time entrepreneurs. With structured training and tailored business support the initiative seeks to improve governance boost competitiveness and prepare businesses for future funding." [X Link](https://x.com/businessXplain/status/1996430259139563938) 2025-12-04T04:04Z 48.5K followers, 19.1K engagements "SUSPENDED EXXARO CEO LOSES COURT BID The Gauteng High Court has ruled that the case brought by Nombasa Tsengwa the suspended CEO of Exxaro Resources is not urgent. Tsengwa had asked the court to overturn her precautionary suspension claiming it was causing harm to her reputation and needed urgent attention. However the court disagreed and ordered Tsengwa to pay the costs of two legal counsels. Tsengwa had been suspended in December 2024 pending an investigation into workplace conduct and governance issues following allegations of bullying and intimidation. Exxaro has welcomed the ruling" [X Link](https://x.com/businessXplain/status/1886780751389286800) 2025-02-04T14:16Z 48.5K followers, 60.7K 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) 2025-02-14T04:08Z 48.5K followers, 5750 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) 2025-02-21T10:13Z 48.5K followers, 3552 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 48.5K followers, 15.2K 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) 2025-06-09T12:24Z 48.5K followers, 11.3K 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) 2025-09-25T12:25Z 48.5K followers, 27.2K engagements "SANTAM APPOINTS NEW COO Santam has appointed Dr Philile Mkhize as its new Group Chief Operating Officer. This appointment aims to strengthen the company's leadership as it pushes forward with its FutureFit 2030 strategy. Dr Mkhize brings over XX years of experience in technology and operational transformation from major firms like Absa and Liberty. Her extensive background in driving digital change is seen as crucial for modernising Santam's operations. Her primary task will be to streamline processes and embed new technology across the organisation ensuring the insurer remains competitive in" [X Link](https://x.com/businessXplain/status/1988824643894141353) 2025-11-13T04:22Z 48.5K followers, 25.9K engagements "MR PRICE REPORTS R1.8BN PROFIT Mr Price is showing real grit in a tough economy with sales and profits climbing despite shoppers tightening their belts. For the first half of its 2026 financial year revenue jumped XXX% to R18.6-billion outpacing the market while net profit rose XXX% to R1.82-billion. The company added XX stores reaching 3100 outlets. FOR CONTEXT 1/ Mr Price has stores in eight African countries including XX in Namibia and XX in Botswana. 2/ As of 2025 Mr Price operates 3100 stores with 2665 in South Africa alone. The company plans XXX additional store openings in the coming" [X Link](https://x.com/businessXplain/status/1991406154044567566) 2025-11-20T07:20Z 48.5K followers, 9276 engagements "UAE INVESTOR BUYS ANOTHER ZIM HOTEL A UAE powerhouse ASB Hospitality has snapped up Zimbabwe's iconic Kingdom Hotel for $30-million marking its second big splash in the country's booming tourism scene. The 294-room riverside beauty in Victoria Falls shut down in 2023 over a lease row but now eyes a grand relaunch under fresh branding. Seller First Capital Bank along with its pension fund is cashing out a sleepy asset to sharpen focus on core banking with proceeds covering taxes and boosting operations. This deal rides Zimbabwe's tourism wave XXX million visitors in 2024 raked in $1.2-billion" [X Link](https://x.com/businessXplain/status/1992523516734742578) 2025-11-23T09:20Z 48.5K followers, 23.7K engagements "SWIFTVEE SCORES R171M FUNDING South African digital livestock platform SwiftVEE secured R171-million in Series A funding. The company already operates in South Africa Namibia Botswana Zimbabwe and Zambia while regularly attracting syndicate buyers from North America Europe the Middle East and Australasia. This funding according to Russel Luck CEO of SwiftVEE validates the hybrid model which digitises traditional cattle and game auctions allowing the platform to expand from a marketplace into a full-service provider offering fintech and insurance products to farmers. A CLOSER LOOK 1/ SwiftVEE" [X Link](https://x.com/businessXplain/status/1994411784854188345) 2025-11-28T14:23Z 48.5K followers, 10.9K 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) 2024-10-29T06:00Z 48.5K followers, 2931 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) 2025-02-13T06:55Z 48.5K followers, 9715 engagements "HISTORIC ACQUISITION Prosus has announced a major acquisition of Just Eat for R79-billion marking its largest deal ever. This all-cash purchase priced at XXXXX per share offers a XX% premium over recent averages. Prosus aims to foster innovation and growth in Europe's food delivery sector leveraging its substantial investments and expertise including its previous success with iFood in Latin America. CEO Fabricio Bloisi (pictured) emphasised the need for more local investment and technological advancements stating that this acquisition will benefit customers restaurants and shareholders alike." [X Link](https://x.com/businessXplain/status/1893955820108333136) 2025-02-24T09:27Z 48.5K followers, 12.6K engagements "STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a XX% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to XXXXX cents. The group declared an interim dividend of XXX cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and" [X Link](https://x.com/businessXplain/status/1897606690721206512) 2025-03-06T11:14Z 48.5K followers, 17.5K 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) 2025-03-25T08:48Z 48.5K followers, 6596 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) 2025-04-17T09:37Z 48.5K followers, 63.3K 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) 2025-08-07T17:13Z 48.5K followers, 8774 engagements "CEO AND CFO APPOINTMENTS Growthpoint Properties has announced a leadership transition with Estienne de Klerk (pictured) set to take over as Group CEO on X July 2026 and Jos Snyders becoming Group CFO on X January 2026. Current CEO Norbert Sasse will retire after XX years but stay on until December 2026 for a smooth handover while outgoing CFO Gerald Vlkel will work alongside Snyders for three months before his exit. The board says the changes bring a balance of continuity and fresh perspective ensuring strong leadership as Growthpoint advances its strategy to strengthen its local portfolio" [X Link](https://x.com/businessXplain/status/1955195301935145132) 2025-08-12T09:11Z 48.5K followers, 5773 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) 2025-08-15T11:51Z 48.5K followers, 7899 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) 2025-08-21T14:23Z 48.5K followers, 50.5K 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) 2025-09-23T15:32Z 48.5K followers, 29.5K 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) 2025-09-25T13:50Z 48.5K followers, 371.9K 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) 2025-10-16T12:51Z 48.5K followers, 73.7K 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) 2025-10-17T13:29Z 48.5K followers, 3666 engagements "ECONOMIC STORMS SHRINK FOSCHINI PROFITS The Foschini Groups profits have come under pressure as weak consumer spending and rising costs take their toll. Shares tumbled XX% after the retailer warned of lower earnings for the six months to September 2025. Despite a XXXX% rise in group sales most gains came from the acquisition of UK brand White Stuff with organic growth at just 3.5%. Inflation cautious shoppers and higher finance costs have all squeezed margins. Yet TFGs digital arm Bash continues to shine growing XX% year-on-year and proving that innovation not expansion may be the key to" [X Link](https://x.com/businessXplain/status/1980882309525172569) 2025-10-22T06:22Z 48.5K followers, 4416 engagements "GROWTHPOINT TURNS WATER INTO ENERGY Growthpoint Properties has acquired a XX% stake in the R390-million Boston Hydroelectric Plant marking a major step in its clean-energy journey. The plant developed by Serengeti Energy under the Lesotho Highlands Water Scheme will produce 30GWh of renewable electricity annually for Growthpoints buildings including sites in Sandton and Cape Town. Partnering with Etana Energy and Fuel Switch Growthpoint Properties will supply tenants with certified zero-carbon power through its new e-co initiative. Growthpoint now operates and procures one of South Africas" [X Link](https://x.com/businessXplain/status/1981592489107578916) 2025-10-24T05:24Z 48.5K followers, 6898 engagements "ORE AND ORDER: KUMBAS SOLID RESOLVE Kumba Iron Ore a subsidiary of Anglo American has reaffirmed its full-year production and sales guidance for 2025 buoyed by a seven per cent increase in third-quarter sales volumes attributed to enhanced logistics reliability. The JSE-listed miner reported robust performance in the period ending September 2025 with CEO Mpumi Zikalala (pictured) noting that these results position the company strongly to meet its annual targets. Despite a slight dip in production due to planned maintenance sales rose seven per cent supported by improved logistics and strong" [X Link](https://x.com/businessXplain/status/1983111701986680892) 2025-10-28T10:00Z 48.5K followers, 7039 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 48.5K followers, 332.9K engagements "R1.4BN FUND TARGETS HOMES & STUDENT DORMS Sanlam Investments has launched a R1.4-billion Property Impact Fund aimed at boosting affordable housing student accommodation healthcare and township retail. The open-ended fund targets returns of inflation plus X% with ambitions to grow to R4-billion in assets. Kamogelo Leeuw (pictured) who's the portfolio manager at Sanlam Investments said the initiative addresses a huge gap in South Africas social infrastructure where lower- and middle-income earners struggle to access quality housing and services. Backed by data-driven analysis and joint ventures" [X Link](https://x.com/businessXplain/status/1985709870109061368) 2025-11-04T14:05Z 48.5K followers, 39.7K 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 XXXX% 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 48.5K followers, 540.2K engagements "TFGS ONLINE SALES RISE BY XX% The Foschini Group (TFG) reported a sharp XXXX% rise in online sales which now make up nearly XX% of total turnover. This growth was fuelled by the Bash platform and the integration of UK brand White Stuff. While overall sales rose XXXX% 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 48.5K followers, 4836 engagements "SIBANYE SETTLES $215M LEGAL DISPUTE Sibanye-Stillwater has agreed to pay $215-million to Appian Capital Advisory ending a lengthy legal battle over a failed $1-billion deal to buy two Brazilian mines. The settlement was reached just hours before a London trial that could have cost Sibanye over $700-million. The dispute began in 2022 when Sibanye pulled out of the purchase citing a pit wall collapse at one of the sites. Appian sued claiming wrongful termination. The agreement brings closure and removes legal uncertainty for Sibanye which plans to refocus on operational growth. Shares rose over" [X Link](https://x.com/businessXplain/status/1988501587874984408) 2025-11-12T06:58Z 48.5K followers, 9332 engagements "ROBUST GROWTH FOR MOMENTUM Momentum Metropolitan has kicked off its 2026 financial year with a strong performance reporting normalised headline earnings of R1.76-billion for the three months ended XX September 2025. Despite economic challenges the group's disciplined execution and favourable market movements drove growth with sales up X% to R22.4-billion. However the value of new business fell XX% due to softer life annuity volumes. The group remains confident reiterating its medium-term targets and highlighting improving domestic conditions including better electricity supply and falling" [X Link](https://x.com/businessXplain/status/1991104164139819247) 2025-11-19T11:20Z 48.5K followers, 4603 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 XX years to reach production. Starting now Phase X will soon deliver 100000 ounces a year of platinum palladium rhodium and gold before jumping to 450000 ounces in 2028. Canadian billionaire Robert Friedlands company owns XX % and dreams of topping one million ounces long-term. With platinum prices up XX% this year and jobs desperately needed in a province where unemployment tops XX% Platreef brings hope fresh metal supply and a safer" [X Link](https://x.com/businessXplain/status/1991753418621251841) 2025-11-21T06:19Z 48.5K followers, 11.3K 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 XX% 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 48.5K followers, 23.9K engagements "BIDVEST LAUNCHES MEDICINE FACILITY Bidvest International Logistics has opened a ultra-secure temperature-perfect pharmaceutical warehouse right next to OR Tambo Airport. The new facility can handle everything from paracetamol to powerful Schedule X drugs and is already fully approved by health regulators. Medicines stay at exact temperatures tracked 24/7 while top-level security earned it an A-rating against theft. Planes can unload straight into the bonded warehouse cutting delays and damage and costs. With South Africas pharma logistics market expected to double by 2033 Bidvests smart hub" [X Link](https://x.com/businessXplain/status/1992115578723811663) 2025-11-22T06:19Z 48.5K followers, 89.9K engagements "LUCKY STAR LIFTS OCEANA RESULTS South African fishing giant Oceana delivered a resilient performance despite a sharp drop in global fish oil prices which cut headline earnings per share by 38%. Although revenue slipped X% to R10-billion and operating profit fell XX% strong results from Lucky Star Foods and a major turnaround in Wild Caught Seafood helped stabilise the Group. Sales of Lucky Star products rose as consumers sought affordable protein while hake exports benefited from firm European demand. Production efficiencies fleet upgrades and improved landings boosted volumes across segments" [X Link](https://x.com/businessXplain/status/1992916355411222598) 2025-11-24T11:21Z 48.5K followers, 13.8K engagements "DIGITAL BOOM FUELS NASPERS PROFITS Naspers has delivered strong interim results as rapid growth in its global e-commerce operations boosted profits and strengthened its long-term outlook. Revenue rose XX% to $4.1-billion driven mainly by iFood in Latin America OLX in Europe and PayU in India. E-commerce profits rocketed 71%. Naspers CEO Fabricio Bloisi (pictured) says that with all operating units now profitable Naspers is unlocking new synergies across regions using AI and cross-platform integration to deepen customer engagement and accelerate future growth. A CLOSER LOOK 1/ Naspers is" [X Link](https://x.com/businessXplain/status/1993010123174793723) 2025-11-24T17:33Z 48.5K followers, 6509 engagements "HOW ZIMBABWES ECONOMY IS ACCELERATING Zimbabwe is bouncing back strongly and the rebound is underpinned by improved weather and tighter monetary policy supporting stabilisation and restoring business confidence. Key sectors like agriculture mining and electricity generation are driving the momentum potentially delivering one of the country's strongest two-year growth cycles as it progresses towards its Vision 2030 goals. If the government keeps discipline and reforms rolling the good times could finally last. WHAT YOU NEED TO KNOW 1/ Mining is central to Zimbabwes economy accounting for more" [X Link](https://x.com/businessXplain/status/1995724609442779557) 2025-12-02T05:20Z 48.5K followers, 25.4K engagements "ANOTHER JAGUAR CHIEF STEPS DOWN Jaguar Land Rover has removed long-serving design chief Gerry McGovern after backlash over Jaguars bold electric-only rebrand. The move follows criticism of the Type XX concept which many felt abandoned the brands heritage. McGoverns departure follows closely on the heels of the retirement of former JLR Chief Executive Adrian Mardell. Full story -" [X Link](https://x.com/businessXplain/status/1996071899101888896) 2025-12-03T04:20Z 48.5K followers, 10.2K engagements "SA ECONOMY GAINS MOMENTUM South Africa's economy has achieved its longest period of sustained growth since the nations recovery from the initial pandemic-era lockdowns in 2021 marking four consecutive quarters of expansion. Gross Domestic Product (GDP) increased by XXX% in the third quarter a performance largely propelled by a XXX% expansion in the mining sector and a XXX% growth in the agricultural sector. Crucially business investment measured by gross fixed capital formation climbed by XXX% during the quarter indicating a renewed and positive shift in capital expenditure confidence among" [X Link](https://x.com/businessXplain/status/1996102096832340177) 2025-12-03T06:20Z 48.5K followers, 18.9K engagements "JUST EAT CEO RESIGNS Jitse Groen the founding boss of Just Eat Takeaway is stepping down after XX years. This decision comes shortly after Prosus acquired the company for 3.6-billion. Roberto Gandolfo currently the chairman of Just Eat's supervisory board will succeed him on January X pending regulatory approval" [X Link](https://x.com/businessXplain/status/1996147395059417235) 2025-12-03T09:20Z 48.5K followers, 9681 engagements "SANTAM SECURES APPROVAL FOR UK LAUNCH Santam is set to expand internationally with the launch of its new syndicate Santam Syndicate 1918 in the UK starting X January 2026. This venture allows Santam to underwrite specialist risks in the prestigious Lloyd's market a major strategic move. The company has assembled an experienced executive team including Rob Betech as CEO to ensure operational success. With an anticipated Gross Written Premium of over R6.8-billion for 2026 this expansion marks a pivotal step in Santam's FutureFit2030 strategy and aims to diversify its risk portfolio while" [X Link](https://x.com/businessXplain/status/1996207794685395141) 2025-12-03T13:20Z 48.5K followers, 5899 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 48.5K followers, 6029 engagements "PROFILE - PICK N PAY INCOMING CFO Tina Rookledge a seasoned finance executive is scheduled to become Pick n Pay's Group Chief Financial Officer (CFO) in August 2026 following the company's Annual General Meeting. She has over XX years of relevant experience at EY having commenced her career there as a trainee accountant in 1999 and being admitted to the partnership in 2006. During her tenure at EY Rookledge served as the Western Cape regional managing partner for six years a role through which she successfully expanded the firm's footprint notably securing audits for large higher education" [X Link](https://x.com/businessXplain/status/1996222893613781003) 2025-12-03T14:20Z 48.5K followers, 14.8K 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) 2025-06-12T11:06Z 48.5K followers, 9558 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) 2025-08-06T14:02Z 48.5K followers, 116.4K 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) 2025-08-20T10:48Z 48.5K followers, 15K 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) 2025-08-27T13:13Z 48.5K followers, 698.5K 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) 2025-09-11T10:41Z 48.5K followers, 24.8K 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) 2025-10-03T07:03Z 48.5K followers, 50.6K engagements "SA MARKS HISTORIC HIV BREAKTHROUGH South Africa has become the first country in Africa to approve Lenacapavir a groundbreaking twice-yearly injection by Gilead Sciences that prevents HIV infection. Approved by the South African Health Products Regulatory Authority (SAHPRA) Lenacapavir demonstrated near-complete efficacy in global clinical trials offering new hope in a nation where millions live with HIV. Supported by a R513-million Global Fund grant rollout begins in April 2026 targeting vulnerable groups including pregnant and breastfeeding women men who have sex with men and sex workers." [X Link](https://x.com/businessXplain/status/1983037762376020285) 2025-10-28T05:07Z 48.5K followers, 312.4K engagements "FIRSTRAND BACKS DUBAI-BASED OPTASIA FirstRand has acquired a XXXX% 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 XX countries. Founded by Nigerian entrepreneur Bassim Haidar the company partners with telecom giants like Vodacom and MTN. For FirstRand the move" [X Link](https://x.com/businessXplain/status/1983052862067208608) 2025-10-28T06:07Z 48.5K followers, 54.4K engagements "JUST IN Harmony Gold has confirmed the death of an electrician at its Mponeng mine the worlds deepest underground mine - extending to a depth of X kilometers below the surface. This marks the third fatality at Mponeng and the 11th across Harmonys operations this year intensifying scrutiny on new CEO Beyers Nel to improve safety standards. The company expressed condolences to the workers family and pledged full support. Authorities including the Department of Mineral and Petroleum Resources are investigating the incident" [X Link](https://x.com/businessXplain/status/1983142504280031520) 2025-10-28T12:03Z 48.5K followers, 46.1K engagements "OLD MUTUAL STRIKES R2.2BN DEAL Old Mutual has acquired a majority stake in 10X Investments for R2.2-billion expanding its presence in South Africas fast-growing passive investment market. The deal allows 10X to retain its brand and management while gaining access to Old Mutuals vast distribution network. Founded in 2005 10X manages over R68-billion in assets and leads the shift toward low-cost technology-driven investing. Old Mutual CEO Jurie Strydom (pictured) said the move aligns with the companys strategy to grow in rules-based low-fee investing. The partnership aims to make retirement" [X Link](https://x.com/businessXplain/status/1983158558511546458) 2025-10-28T13:07Z 48.5K followers, 5840 engagements "ASPEN BETS ON WEIGHT-LOSS INJECTION Aspen Pharmacare plans to roll out the weight-loss drug Mounjaro across sub-Saharan Africa in 2026 building on its strong debut in South Africa where it has already captured XX% 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 2025 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 48.5K followers, 83.8K engagements "MINIMUM PAY FirstRand has lifted its minimum annual salary for South African employees from R215000 to R260000 - a XXXX% 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 48.5K followers, 417.9K engagements "PEPKOR CEO IN R300M TAX SHOWDOWN Pepkor CEO Pieter Erasmus is heading to the Supreme Court of Appeal to defend himself against the South African Revenue Service in a R300-million tax dispute. The clash stems from a 2015 payout by his investment firm Treemo which SARS claims was a taxable dividend disguised as a capital return. The agency imposed heavy penalties accusing Erasmus of orchestrating a complex avoidance scheme. He maintains it was a lawful transaction blaming his accountants for an oversight. Full story -" [X Link](https://x.com/businessXplain/status/1983852632713392549) 2025-10-30T11:05Z 48.5K followers, 113.7K engagements "SIBANYE SHINES AS EARNINGS NEAR R10BN Sibanye Stillwater delivered strong results for the September quarter fuelled by soaring metal prices and improved operational stability. The miner reported a XXX% increase in group adjusted EBITDA to R9.9 billion supported by a XXX% rise in South African platinum group metal earnings. Higher gold and PGM prices efficient cost control and stronger underground output all contributed to the gains. New CEO Richard Stewart (pictured) praised the recovery across operations particularly the turnaround in US assets. While market volatility remains Sibanye" [X Link](https://x.com/businessXplain/status/1986704099371311148) 2025-11-07T07:55Z 48.5K followers, 13.6K engagements "BOTSWANA PURSUES CONTROL OF DE BEERS Botswana is pushing to secure a majority stake in diamond giant De Beers by acquiring Anglo Americans XX% shareholding valued at around $4.9-billion. President Duma Boko confirmed progress toward the deal describing it as key to increasing national control over a resource central to the economy. Angola has also shown interest through its state firm Endiama creating potential regional competition. Botswana already a XX% shareholder aims to gain more influence over pricing and marketing amid weaker global demand. More on this - Pictured - Minister of" [X Link](https://x.com/businessXplain/status/1988175365588873666) 2025-11-11T09:22Z 48.5K followers, 55.1K engagements "OLD MUTUAL UNVEILS R1.2M FUNDING Old Mutual SMEgo has launched a R1.2-million Business Asset Programme to support small and medium-sized businesses across South Africa. Announced ahead of the Global Entrepreneurship Week (1723 November) the initiative provides up to R20000 per business for essential tools technology or equipment - with payments made directly to service providers. Open to Black-owned businesses nationwide applications close on XX November 2025. The fund follows other SMEgo efforts this year including the R4.2-million Pitchathon and a R600000 accelerator. Old Mutual says the" [X Link](https://x.com/businessXplain/status/1988514815380205972) 2025-11-12T07:50Z 48.5K followers, 23.9K engagements "DE BEERS CUTS DIAMOND PRICES De Beers has launched a major discounting campaign to clear a massive $2-billion diamond stockpile. The company sold XXX million carats for $700-million this quarter dramatically increasing sales volume but accepting lower prices to reduce inventory. This decision aims to simplify the company's balance sheet ahead of its planned separation from parent company Anglo American. The sell-off comes during a challenging market where lab-grown diamonds are gaining significant market share. This clearance sale further positions De Beers for its upcoming ownership" [X Link](https://x.com/businessXplain/status/1988952989843997063) 2025-11-13T12:52Z 48.5K followers, 21.4K engagements "SANLAM POSTS STRONG GROWTH Sanlam has reported robust growth for the first nine months of 2025 with operational earnings rising XX% and net client cash inflows nearly doubling to R74-billion. This strong performance was driven by its Pan-Africa cluster where new business surged XX% and its investment management division. However the group faced some headwinds including a shift in product preferences in South Africa and higher funding costs. As a result the board adopted a cautious approach by reducing its final dividend by 10%. Despite this the company remains confident in its future" [X Link](https://x.com/businessXplain/status/1989277126067933616) 2025-11-14T10:20Z 48.5K followers, 3467 engagements "DIAGEO NAMES NEW CEO Drinks giant Diageo has appointed Sir Dave Lewis as its new Chief Executive Officer effective X January 2026. Lewis the former CEO of Tesco brings extensive experience from his decades at Unilever and his current role as Chair of Haleon. He is tasked with leading Diageo's portfolio of world-class brands through market challenges and opportunities. The Board expressed unanimous confidence in his proven leadership and brand-building skills" [X Link](https://x.com/businessXplain/status/1989292224849289372) 2025-11-14T11:20Z 48.5K followers, 5516 engagements "OLD MUTUAL INSURE APPOINTS NEW CEO Old Mutual Insure has appointed Soul Abraham as chief executive designate set to succeed Charles Nortje. Abraham who currently leads the retail insurance division will transition into his new role on X January 2026 pending regulatory approval. The appointment is part of a broader leadership refresh at Old Mutual which also named Ranen Thakurdin as group chief risk officer. Both leaders bring strong actuarial backgrounds positioning them to drive sustainable growth and enhance customer offerings. Analysts view these changes as a sign of stability within the" [X Link](https://x.com/businessXplain/status/1990077398461870402) 2025-11-16T15:20Z 48.5K followers, 6291 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 1996 the plant has produced four generations of the Polo with over XXX million units exported to more than XX 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 48.5K followers, 16.8K engagements "PEP STEPS INTO BANKING Pepkor South Africas largest clothing and mobile retailer is preparing to launch a new bank inside its 6000 stores. The plan informally called Pep Bank aims to offer zero-fee accounts to low-income customers and directly challenge Capitec the countrys biggest bank by client numbers. Pepkor is in advanced talks with Investec about a potential partnership although no deal has been finalised. By using its huge store network and customer data Pepkor could expand quickly and design products for underserved communities. As competition intensifies the move may reshape low-cost" [X Link](https://x.com/businessXplain/status/1991376887063380281) 2025-11-20T05:23Z 48.5K followers, 105K engagements "TITI STEERS INVESTEC THROUGH TURBULENCE Investec has shrugged off global jitters to post steady first-half results with revenue almost flat at 1.1-billion yet up XXX% in rand terms. Earnings per share held firm at 36.7p and the dividend jumped X% to 17.5p. Strong client inflows growing loans and lower funding costs in South Africa cushioned the blow from falling interest rates and weaker trading income. Wealth funds in Southern Africa rose XX% to 26.5-billion while bad debts eased. CEO Fani Titi (pictured) says the groups diverse model and sharp focus on clients kept performance resilient" [X Link](https://x.com/businessXplain/status/1991469460134232220) 2025-11-20T11:31Z 48.5K followers, 83.3K engagements "SAS FIRST ELECTRICITY ADVANCE APP Citiq the countrys largest prepaid-metering firm has just launched South Africas first in-app electricity advance. Called Citiq Advance it lets tenants grab instant power tokens through the Citiq Tenant App when money is tight before payday. No forms no credit checks just a quick tap and the lights stay on. Half of every future top-up automatically repays the advance with only a small clear fee. Managing Director Melissa Naicker says its about giving people control and dignity in tough times. With over one million meters already installed this simple fintech" [X Link](https://x.com/businessXplain/status/1991745729069559839) 2025-11-21T05:49Z 48.5K followers, 157.6K engagements "EXPLAINED - THE POLO LOGO WAR IS OVER After XX years of courtroom battles and trademark tricks South Africas home-grown Polo brand is finally being sold to Ralph Lauren. The Competition Commission has approved the takeover by the American luxury giant ending a bizarre saga that began when local firm LA Group registered a near-identical polo-player logo in 1976 nine years after Ralph Laurens original. For decades some South Africans wore Polo thinking it was the famous US label. A CLOSER LOOK 1/ The South African pony faces right; the Ralph Lauren pony faces left. 2/ Ralph Lauren has been" [X Link](https://x.com/businessXplain/status/1992568815486480703) 2025-11-23T12:20Z 48.5K followers, 727.7K 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 5500 stores and XX 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 48.5K followers, 30.9K engagements "EXPLAINED - STANDARD BANK CHINA DEAL Standard Bank has become the first African bank to directly integrate with China's Cross-border Interbank Payment System (CIPS) allowing for real-time payments between Africa and China in yuan - thus eliminating the need to route payments through the US dollar which can reduce costs and speed up transactions. A CLOSER LOOK 1/ As of June 2025 Standard Bank had XXXX million clients across the group. Its active client base in South Africa alone was XXXX million. 2/ Standard Bank Group reported headline earnings of R24-billion and a return on equity (ROE) of" [X Link](https://x.com/businessXplain/status/1993259741661831299) 2025-11-25T10:05Z 48.5K followers, 100.5K engagements "WHY SHOE CITY IS SHUTTING DOWN Pepkor is closing all XX of its Shoe City stores to focus resources on higher-growth areas particularly a new beauty line for Ackermans due in 2026. This strategic pivot driven by the strong performance of its fintech arm and robust 2025 financials aims to capture a slice of South Africas growing R68-billion personal care market. A CLOSER LOOK 1/ Pepkor stated that Shoe City was consistently dragging down the performance of its speciality division which also includes brands like Tekkie Town. 2/ While the overall speciality division managed an XXX% sales growth" [X Link](https://x.com/businessXplain/status/1993706538045706667) 2025-11-26T15:40Z 48.5K followers, 17.4K engagements "R2 BILLION FOR AFRICAN STARTUPS The B20 South Africa Digital Transformation Task Force has unveiled a landmark R2-billion digital inclusion fund. Chaired by Naspers South Africa CEO Phuti Mahanyele-Dabengwa (pictured) this blended capital targets early-stage African entrepreneurs solving connectivity gaps in vital sectors like healthcare and education. Importantly this initiative moves beyond mere policy offering crucial capital and global network access to de-risk ventures amid the continents significant venture capital contraction. Full details -" [X Link](https://x.com/businessXplain/status/1993988167418999165) 2025-11-27T10:20Z 48.5K followers, 142.5K engagements "NEW R750M ISUZU LOCAL PLANT Isuzu Motors South Africa has opened its new R750-million VSSL metal stamping plant marking a significant victory for national localisation efforts. This investment secures the companys supply chain by replacing imports and it will immediately create jobs. Isuzu Motors SA CEO Billy Tom (pictured) committed to spending R1-billion locally over five years. ZOOMING IN 1/ Isuzu is widely known as the world's largest manufacturer of diesel engines having produced tens of millions for a wide range of applications. 2/ Isuzu trucks first reached South African shores in 1964" [X Link](https://x.com/businessXplain/status/1994326484320743708) 2025-11-28T08:44Z 48.5K followers, 432.6K engagements "NEW CFO TO HELP RESCUE GUCCI Iconic luxury house Gucci has appointed Gianluca de Ficchy a veteran from Renaults finance and mobility divisions as its new Chief Financial Officer. His hiring is part of a strategic effort by parent company Kering to revive Gucci's fortunes as sales plummeted by XX% this year. De Ficchy's expertise in cost optimisation and complex financial systems will be crucial for the brand's recovery especially as Kering implements a Renault-inspired playbook to seek stability in challenging global luxury market conditions. As part of its recovery strategy Gucci plans to" [X Link](https://x.com/businessXplain/status/1994645181849653561) 2025-11-29T05:50Z 48.5K followers, 155.9K engagements "TIGER BRANDS SEEKS YOUNG EXECS Tiger Brands has opened applications for its 2026 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 -" [X Link](https://x.com/businessXplain/status/1995031542520062364) 2025-11-30T07:26Z 48.5K followers, 47.9K engagements "R34M STANDARD BANK POWER DEAL Midvaal Private Hospital in Vereeniging has commissioned a R34-million hybrid renewable energy system fully financed by Standard Bank to secure uninterrupted power for critical healthcare services. The project combines a XXX MW rooftop solar installation with a XXX MW battery energy storage system allowing the hospital to operate independently of Eskom during outages. Standard Banks involvement aligns with its continent-wide pledge to deploy more than R450-billion in sustainable finance by 2028 with healthcare infrastructure increasingly prioritised as an" [X Link](https://x.com/businessXplain/status/1995182286162055283) 2025-11-30T17:25Z 48.5K followers, 7138 engagements "EXPLAINED - HOW ESKOM GOT IT RIGHT Last week Eskom secured its first credit-rating upgrade in over twelve years. S&P Global lifted the utility from B to B+ after Eskom reported a profit after tax of R24.3-billion for the first six months of FY2026 (to XX September 2025) a dramatic reversal from the substantial losses recorded in previous years. Key to the recovery was the launch of the Cost Optimisation and Revenue Enhancement (CORE) programme which aims to deliver R112-billion in efficiencies over five years. Eskom also sharply reduced its spending on open-cycle gas turbines cutting annual" [X Link](https://x.com/businessXplain/status/1995400231232372965) 2025-12-01T07:51Z 48.5K followers, 93.3K engagements "GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a two-phase review of Broad-Based Black Economic Empowerment (B-BBEE) legislation aimed at addressing weaknesses in the current framework while preserving the constitutional goal of redress. The review aims to boost real job creation support inclusive growth and address concerns that the current system benefits too few people. WHAT YOU NEED TO KNOW 1/ Broad-Based Black Economic Empowerment (B-BBEE) legislation was first enacted by the South African government in 2003 with the" [X Link](https://x.com/businessXplain/status/1995444044940333340) 2025-12-01T10:45Z 48.5K followers, 130.9K engagements "IMPORTANT NOTICE The National Treasury has confirmed the start of the repayment process for Ithala SOC Limited depositors with as much as R2.2-billion set aside for payouts. From December X 2025 verified depositors will be able to withdraw their funds at First National Bank (FNB) branches. Depositors will be notified via SMS of the verification steps required and once verified should receive payment within two business days" [X Link](https://x.com/businessXplain/status/1995792240820535638) 2025-12-02T09:48Z 48.5K followers, 18.9K 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 X December XXXX% 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 48.5K followers, 55.9K 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 48.5K followers, 240.1K engagements "R2.1 MILLION CFO POSITION The City of Joburg Property Company (JPC) has readvertised the Chief Financial Officer (CFO) position offering a R2.1-million annual package. This role is vital for driving financial sustainability and aligning the JPCs services with the Citys strategic goals. Candidates must have a Bachelors degree in Finance Accounting or Economics and a Chartered Accountant certification. Additionally at least ten years of finance experience including five at a senior management level is required. Read more and apply -" [X Link](https://x.com/businessXplain/status/1996192694519885837) 2025-12-03T12:20Z 48.5K followers, 10K engagements "PROFILE - NEW PwC SA CEO PwC South Africa has appointed Anastacia Tshesane as its new Chief Executive Officer with her term commencing on X July 2026. This appointment follows the planned retirement of current CEO Shirley Machaba after a 24-year career. WHAT YOU NEED TO KNOW 1/ The new CEO Anastacia Tshesane is a nineteen-year veteran of the firm and has extensive governance experience. 2/ Her appointment is seen as a key step in ensuring institutional continuity during a period of intense regulatory change including Mandatory Audit Firm Rotation and technological disruption in the auditing" [X Link](https://x.com/businessXplain/status/1996460458459509023) 2025-12-04T06:04Z 48.5K followers, 372.7K engagements "TIGER BRANDS EYES TOWNSHIP GROWTH Tiger Brands is accelerating its expansion into South Africas township economy positioning spaza shops as a key engine of future growth. The group is focusing on selectively widening its distribution footprint rather than serving every informal outlet. Group CFO Thushen Govender said the company plans to add about 50000 spaza shops to its network to drive market penetration of its products. With roughly 110000 spaza shops already supplied Tiger Brands believes efficiency gains could lift coverage to up to 160000 outlets. Full story -" [X Link](https://x.com/businessXplain/status/1996505883011113158) 2025-12-04T09:04Z 48.5K followers, 4995 engagements "GLENCORE CUTS 1000 JOBS GLOBALLY Glencore is cutting about 1000 jobs worldwide as part of a broad restructuring aimed at saving $1-billion a year by 2026. The decision follows an operational review focused on simplifying reporting lines and reducing costs across its global footprint. The impact is most visible in South Africa where high electricity prices have forced the closure of energy-intensive ferrochrome smelters putting hundreds of jobs at risk. Full story - Pictured - Glencore CEO Gary Nagle" [X Link](https://x.com/businessXplain/status/1996539458821239004) 2025-12-04T11:17Z 48.5K followers, 4319 engagements "STANDARD BANK SEALS VODACOMMAZIV DEAL Standard Bank has closed South Africas largest fibre infrastructure transaction finalising a R11.5-billion deal that sees Vodacom Group acquire a XX% stake in Maziv its fibre infrastructure holding company. The transaction four years in the making received final regulatory approval in late 2025 and underlines the strategic importance of digital infrastructure to the economy. Through its Corporate and Investment Banking unit Standard Bank advised both parties and helped structure the funding. Full story - Pictured - Grant Tidbury Head of M&A Advisory at" [X Link](https://x.com/businessXplain/status/1996581254553014302) 2025-12-04T14:04Z 48.5K followers, 12.2K engagements "BOTSWANA REVAMPS BANKING RULEBOOK Botswana has introduced a new Banking Act replacing legislation dating back to 1995 and marking a major shift in financial regulation. The updated law strengthens oversight by expanding the powers of the Bank of Botswana and widening regulation to include deposit-taking and cross-border institutions. It also blocks foreign bank branches to maintain strong local control. In addition the Act tightens governance rules placing greater responsibility on directors and executives. Importantly it introduces a formal bank resolution framework to manage failures" [X Link](https://x.com/businessXplain/status/1996596353984807394) 2025-12-04T15:04Z 48.5K followers, 9566 engagements "7.3M FACTORY LAUNCHED IN ZIM Zimbabwe has taken a notable step towards industrial expansion after Bronzepels Investments launched a 7.3-million LPG cylinder manufacturing plant in Mount Hampden. The facility strengthens local manufacturing capacity while sharply reducing reliance on imported gas cylinders. Crucially the firm plans to export up to XX% of its output into regional markets helping generate foreign currency and ease Zimbabwes import bill. The launch comes as LPG demand grows across Southern Africa supported by regional gas integration policies. Full story -" [X Link](https://x.com/businessXplain/status/1996645678668194133) 2025-12-04T18:20Z 48.5K followers, 3359 engagements "MEGADEAL - NETFLIX ACQUIRES WARNER BROS Netflix has agreed to acquire major assets from Warner Bros Discovery ending a fierce bidding race involving Paramount Skydance and Comcast. The deal valued at around $82.7-billion gives Netflix control of Warner Bros legendary film studio and HBO Max strengthening its position as streamings leading global player. For Warner Bros Discovery the cash-and-stock structure provides vital liquidity to ease its heavy debt burden. The merger blends iconic franchises with Netflixs acclaimed originals promising a stronger market share and richer content library." [X Link](https://x.com/businessXplain/status/1996928018506297649) 2025-12-05T13:01Z 48.5K followers, 5006 engagements "TOP XX 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 -" [X Link](https://x.com/businessXplain/status/1997518177786310829) 2025-12-07T04:07Z 48.5K followers, 10K engagements "JUDGE REJECTS BLACK ROCK CLAIM The Johannesburg High Court has dismissed Black Rock Minings urgent attempt to freeze XX% of Kenneth Makates Please Call Me settlement from Vodacom. Judge Don Mahon ruled there was no evidence that Makate intended to dissipate funds and that any financial loss could be addressed through normal legal processes. Black Rock claims entitlement based on a 2011 litigation funding agreement which Makates team argues was cancelled years ago. The dispute will now move to arbitration to determine whether Black Rock has any valid claim" [X Link](https://x.com/businessXplain/status/1998046609964187870) 2025-12-08T15:06Z 48.5K followers, 122.7K engagements "SPAR EXITS ABROAD REFOCUSES HOME Spar reported a modest X% rise in headline earnings for the year to September 2025 supported by steady second-half trading and tighter cost controls. However the retailer again withheld a dividend as it prioritises repairing its balance sheet. The group posted a R5-billion loss linked to exiting unprofitable operations in Switzerland and Poland highlighting the cost of its strategic retreat. Turnover grew XXX% to R131.5-billion and operating profit improved due to strong contributions from Southern Africa. Net debt dropped sharply to R5.4-billion positioning" [X Link](https://x.com/businessXplain/status/1998277682287476988) 2025-12-09T06:25Z 48.5K followers, 10.7K engagements "WHY THUNGELA IS TAKEN TO COURT Thungela Resources is heading to the Gauteng High Court after minority shareholders accused the company of unlawfully blocking climate-related resolutions. Groups including Just Share Aeon Investment Management and Fossil Free South Africa claim Thungela rejected their proposals - submitted over three consecutive years - in breach of the Companies Act and its own governance rules. They argue the company has silenced legitimate shareholder input on carbon emissions and long-term climate risks and even infringed constitutional rights to expression and association." [X Link](https://x.com/businessXplain/status/1998440757061951573) 2025-12-09T17:13Z 48.5K followers, 8697 engagements "WOOLLIES CEO SELLS SHARES WORTH R37M Woolworths CEO Roy Bagattini has sold shares worth nearly R37-million a decision that comes during growing pressure over executive pay at the retailer. The sale of 650000 shares follows a contentious annual general meeting where shareholders strongly challenged rising remuneration levels. Bagattinis pay rose to R79.9-million in 2025 alongside double-digit increases for senior executives - fuelling investor concerns as Woolworths navigates tough trading conditions. While the food division continues to outperform the market weak results in fashion and" [X Link](https://x.com/businessXplain/status/1998623460541739322) 2025-12-10T05:19Z 48.5K followers, 46.6K engagements "STANDARD CHARTERED TAKE ON AFRICA Standard Chartereds latest Future of Trade: Digitalisation report shows that Africa is well-positioned to accelerate into a modern digital trade system. Senior corporate leaders from across key markets rated Digital Economy Agreements (DEAs) as the most important tool for enabling secure seamless cross-border trade. However fragmented regulation and infrastructure remain major hurdles. The report highlights that adopting cloud technology strengthening digital foundations and deepening cross-industry partnerships can unlock efficiency and resilience. With" [X Link](https://x.com/businessXplain/status/1998665991014781128) 2025-12-10T08:08Z 48.5K followers, 2536 engagements "PONZI SCHEME FINED R2BN South Africas FSCA has issued its toughest sanction yet slapping a R2-billion penalty on trading platform Banxso and banning its former directors for operating what it calls a large Ponzi-style scheme. Investigators found that client deposits were siphoned into personal and operational accounts while fake returns were used to lure new investors. Losses exceed R3-billion with more than 4200 complaints filed. Senior executives face lengthy industry bans and multimillion-rand fines while the case has been referred for criminal prosecution. Full story - Pictured - FSCA" [X Link](https://x.com/businessXplain/status/1998678041464094776) 2025-12-10T08:55Z 48.5K followers, 35.4K engagements "INVESTORS BET ON ESKOM RECOVERY Investor confidence in Eskom is rising as the utility shows strong signs of recovery. Its credit default swap spread has narrowed sharply over two years reflecting lower perceived risk and renewed trust in the companys turnaround plan. Eskom has stabilised power supply nearly eliminated load shedding and delivered its first profit in eight years supported by higher revenue and tight cost control. This improvement is boosting sentiment in South Africas bond market and may reduce future borrowing costs. As Eskom prepares to raise new capital for grid expansion" [X Link](https://x.com/businessXplain/status/1998681594047951118) 2025-12-10T09:10Z 48.5K followers, 3154 engagements "R59 BILLION CASH BOOST SECURED South Africas National Treasury successfully raised R59-billion from international investors via a dual-tranche dollar bond sale which was significantly oversubscribed. This successful issuance was possible due to a noticeable improvement in investor confidence allowing the government to secure funding at much lower interest rates than it did a year ago. Investors from the United Kingdom North America Europe Asia Africa and other regions participated with orders placed by a wide range of high-quality investors including fund managers insurance companies pension" [X Link](https://x.com/businessXplain/status/1998726892430774511) 2025-12-10T12:10Z 48.5K followers, 5332 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 XX% in a year crypto payments rose more than XX% 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 48.5K followers, 7211 engagements
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@businessXplain Business Explainer
Business Explainer posts on X about ceo, strong, bank, business the most. They currently have XXXXXX followers and 1294 posts still getting attention that total XXXXXXX engagements in the last XX hours.
Engagements: XXXXXXX #
- X Week XXXXXXXXX -XX%
- X Month XXXXXXXXX +64%
- X Months XXXXXXXXXX +103%
- X Year XXXXXXXXXX +620%
Mentions: XX #
- X Week XXX -XX%
- X Month XXX +52%
- X Months XXX +79%
- X Year XXX +170%
Followers: XXXXXX #
- X Week XXXXXX +0.44%
- X Month XXXXXX +4.90%
- X Months XXXXXX +24%
- X Year XXXXXX +62%
CreatorRank: XXXXXXX #
Social Influence
Social category influence finance #2473 countries stocks travel destinations technology brands automotive brands luxury brands currencies fashion brands
Social topic influence ceo #344, strong #2087, bank #2544, business #740, south africa #485, investment #543, dividend #88, acquisition #571, the first, money #4391
Top accounts mentioned or mentioned by @thegeopol @paulmzilankatha @k_gillion @unathiafrika @simbamahachi @fayanov_mk @kokondhlovu @grok @me_minime @ma1109201 @hlangus_ @trudimakhaya @gmailcom @tshikululu @wedesignza @wedesignsolutionscoza @tradedepothq @realdonaldtrump @elonmusk @desteagovza
Top assets mentioned Coca-Cola Co (KO) British American Tobacco (BTI) Morgan Stanley (MS) Gilead Sciences, Inc. (GILD)
Top Social Posts
Top posts by engagements in the last XX hours
"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 2025-10-02T07:54Z 48.5K followers, 21.9K 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 XXX% 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 48.5K followers, 3822 engagements
"TRAXTION INVESTS R3.4BN IN SA RAIL Traxtion has announced a landmark R3.4-billion investment in South Africa's freight logistics sector aimed at acquiring XX locomotives and XXX wagons. This investment the largest in private freight rail is fully-funded by equity and debt financing. It supports the governments railway reform programme aiming to introduce independent operators and break Transnets monopoly. The investment will enhance rail capacity by XXX million tonnes annually create XXX direct jobs and boost domestic manufacturing. Traxtion CEO James Holley (pictured) noted the projects"
X Link 2025-12-03T05:50Z 48.5K followers, 165.5K engagements
"EXPLAINED - CAPITEC R400M ACQUISITION Capitec Bank has struck a deal to buy South African fintech Walletdoc for R400-million marking its boldest move yet into the fast-growing world of digital payments. Shoppers and merchants will pay less and settle bills more easily while the bank aims to reach millions more unbanked South Africans. The price includes R300-million cash upfront and another R100-million paid over three years if targets are met. Founded just ten years ago Walletdoc already powers instant EFTs payment links and real-time payouts for hundreds of businesses. WHAT YOU NEED TO KNOW"
X Link 2025-12-08T13:49Z 48.5K followers, 19K engagements
"MINIMUM PAY FirstRand which owns FNB RMB and WesBank has raised its minimum salary for non-banking staff to R15400 per month while banking roles now start at R17900 per month. These pay changes come with other benefits like medical aid subsidies and school fee assistance. This adjustment aligns with FirstRands commitment to providing a decent standard of living for all employees. With South Africas Companies Amendment Act requiring transparency on pay disparities soon FirstRand is preparing for new reporting standards. Group CEO Mary Vilakazi earned R40-million including incentives for the"
X Link 2024-10-31T05:38Z 48.5K followers, 282.3K 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 XX 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 48.5K followers, 35.5K 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 -"
X Link 2025-11-27T09:04Z 48.5K followers, 16.8K engagements
"STARLINK COMPETITOR LAUNCHES IN SA Amazon Leo has launched a webpage Amazon's Leo where users can register for satellite broadband service. However the service is currently only in public testing with select enterprise partners and a general commercial launch is expected in 2026. Amazon Leo's Ultra is designed to deliver download speeds of up to X Gbps which is faster than Starlink's current median speeds. A CLOSER LOOK 1/ Despite urban growth XX% of South African households currently remain offline highlighting the critical need for solutions like Leo and Starlink. 2/ Leo uses optical"
X Link 2025-11-27T14:20Z 48.5K followers, 76.3K engagements
"EXPLAINED - SAMSUNG SPRINGBOKS DEAL Samsung has partnered with the South African Rugby Union (SARU) becoming the official technology sponsor for all Springboks teams. This high-profile deal arrives as the union's commercial income has increased by XX% in 2025. The massive sponsorship wave which includes other household names like Coca-Cola FNB MTN and Pick n Pay indicates the growing brand value and global appeal of the world rugby champions in the corporate sector. A CLOSER LOOK 1/ Samsung's partnership covers not just the senior mens Springboks but also the Springbok Women Junior Springboks"
X Link 2025-11-28T11:39Z 48.5K followers, 31.4K engagements
"R13BN SPEND SET FOR KZN KwaZulu-Natal is preparing for one of its strongest festive seasons in years with up to a million domestic trips and strong international arrivals expected. Tourism officials project R13-billion in direct spending lifting growth and supporting jobs across the province. From Durban to rural districts upgraded safety cruise tourism and new investments are boosting confidence. With high hotel bookings and packed events the province is reclaiming its status as South Africas summer favourite. ZOOMING IN 1/ KwaZulu-Natal currently holds the largest share of domestic holiday"
X Link 2025-12-01T12:20Z 48.5K followers, 11.1K engagements
"NOVARE MANAGEMENT TAKES FULL CONTROL Novare Holdings has completed a major management buyout after Ata Capital Fund II sold its full XX% stake to the companys leadership team. The transaction gives management full ownership and greater strategic control. The buyout follows years of operational growth regional expansion and strong empowerment credentials including Level X BEE status. Novare has also built a reputation for green investment and asset management excellence. With owner-management firmly in place the group is now positioned to pursue more focused growth while strengthening client"
X Link 2025-12-03T08:20Z 48.5K followers, 5856 engagements
"NEDBANK PAYOUT DIDN'T DERAIL GROWTH Nedbank has delivered earnings growth in line with forecasts for the ten months to October supported by stronger income lower impairments and disciplined cost control. The outlook excludes a R600-million once-off settlement with Transnet linked to historic interest-rate swap deals examined during the Raymond Zondo inquiry. Operationally credit quality improved beyond expectations while lending and deposit growth remained resilient. Strategic progress also continued through acquisitions and disposals. Looking ahead Nedbank expects easing inflation lower"
X Link 2025-12-03T12:50Z 48.5K followers, 4730 engagements
"AFRICAN BANK SEEKS ENTREPRENEURS African Bank has opened applications for its 2026 MSME Capacity Building Programme aiming to strengthen Black-owned small businesses through a year-long support initiative. The programme focuses on mentorship skills development and access to markets helping entrepreneurs overcome common growth barriers. Eligible applicants must be majority Black-owned locally-owned and run by full-time entrepreneurs. With structured training and tailored business support the initiative seeks to improve governance boost competitiveness and prepare businesses for future funding."
X Link 2025-12-04T04:04Z 48.5K followers, 19.1K engagements
"SUSPENDED EXXARO CEO LOSES COURT BID The Gauteng High Court has ruled that the case brought by Nombasa Tsengwa the suspended CEO of Exxaro Resources is not urgent. Tsengwa had asked the court to overturn her precautionary suspension claiming it was causing harm to her reputation and needed urgent attention. However the court disagreed and ordered Tsengwa to pay the costs of two legal counsels. Tsengwa had been suspended in December 2024 pending an investigation into workplace conduct and governance issues following allegations of bullying and intimidation. Exxaro has welcomed the ruling"
X Link 2025-02-04T14:16Z 48.5K followers, 60.7K 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 2025-02-14T04:08Z 48.5K followers, 5750 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 2025-02-21T10:13Z 48.5K followers, 3552 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 48.5K followers, 15.2K 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 2025-06-09T12:24Z 48.5K followers, 11.3K 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 2025-09-25T12:25Z 48.5K followers, 27.2K engagements
"SANTAM APPOINTS NEW COO Santam has appointed Dr Philile Mkhize as its new Group Chief Operating Officer. This appointment aims to strengthen the company's leadership as it pushes forward with its FutureFit 2030 strategy. Dr Mkhize brings over XX years of experience in technology and operational transformation from major firms like Absa and Liberty. Her extensive background in driving digital change is seen as crucial for modernising Santam's operations. Her primary task will be to streamline processes and embed new technology across the organisation ensuring the insurer remains competitive in"
X Link 2025-11-13T04:22Z 48.5K followers, 25.9K engagements
"MR PRICE REPORTS R1.8BN PROFIT Mr Price is showing real grit in a tough economy with sales and profits climbing despite shoppers tightening their belts. For the first half of its 2026 financial year revenue jumped XXX% to R18.6-billion outpacing the market while net profit rose XXX% to R1.82-billion. The company added XX stores reaching 3100 outlets. FOR CONTEXT 1/ Mr Price has stores in eight African countries including XX in Namibia and XX in Botswana. 2/ As of 2025 Mr Price operates 3100 stores with 2665 in South Africa alone. The company plans XXX additional store openings in the coming"
X Link 2025-11-20T07:20Z 48.5K followers, 9276 engagements
"UAE INVESTOR BUYS ANOTHER ZIM HOTEL A UAE powerhouse ASB Hospitality has snapped up Zimbabwe's iconic Kingdom Hotel for $30-million marking its second big splash in the country's booming tourism scene. The 294-room riverside beauty in Victoria Falls shut down in 2023 over a lease row but now eyes a grand relaunch under fresh branding. Seller First Capital Bank along with its pension fund is cashing out a sleepy asset to sharpen focus on core banking with proceeds covering taxes and boosting operations. This deal rides Zimbabwe's tourism wave XXX million visitors in 2024 raked in $1.2-billion"
X Link 2025-11-23T09:20Z 48.5K followers, 23.7K engagements
"SWIFTVEE SCORES R171M FUNDING South African digital livestock platform SwiftVEE secured R171-million in Series A funding. The company already operates in South Africa Namibia Botswana Zimbabwe and Zambia while regularly attracting syndicate buyers from North America Europe the Middle East and Australasia. This funding according to Russel Luck CEO of SwiftVEE validates the hybrid model which digitises traditional cattle and game auctions allowing the platform to expand from a marketplace into a full-service provider offering fintech and insurance products to farmers. A CLOSER LOOK 1/ SwiftVEE"
X Link 2025-11-28T14:23Z 48.5K followers, 10.9K 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 2024-10-29T06:00Z 48.5K followers, 2931 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 2025-02-13T06:55Z 48.5K followers, 9715 engagements
"HISTORIC ACQUISITION Prosus has announced a major acquisition of Just Eat for R79-billion marking its largest deal ever. This all-cash purchase priced at XXXXX per share offers a XX% premium over recent averages. Prosus aims to foster innovation and growth in Europe's food delivery sector leveraging its substantial investments and expertise including its previous success with iFood in Latin America. CEO Fabricio Bloisi (pictured) emphasised the need for more local investment and technological advancements stating that this acquisition will benefit customers restaurants and shareholders alike."
X Link 2025-02-24T09:27Z 48.5K followers, 12.6K engagements
"STRONG PERFORMANCE BY FIRSTRAND FirstRand has reported a XX% increase in earnings for the first half of its financial year driven by its diversified portfolio in South Africa broader Africa and the UK. Headline earnings reached R20.9-billion with earnings per share rising to XXXXX cents. The group declared an interim dividend of XXX cents reflecting the same growth rate. Strong credit performance particularly in South Africa's retail sector and the UK contributed to this success. Despite challenges from high interest rates corporate and commercial divisions performed well with lending and"
X Link 2025-03-06T11:14Z 48.5K followers, 17.5K 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 2025-03-25T08:48Z 48.5K followers, 6596 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 2025-04-17T09:37Z 48.5K followers, 63.3K 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 2025-08-07T17:13Z 48.5K followers, 8774 engagements
"CEO AND CFO APPOINTMENTS Growthpoint Properties has announced a leadership transition with Estienne de Klerk (pictured) set to take over as Group CEO on X July 2026 and Jos Snyders becoming Group CFO on X January 2026. Current CEO Norbert Sasse will retire after XX years but stay on until December 2026 for a smooth handover while outgoing CFO Gerald Vlkel will work alongside Snyders for three months before his exit. The board says the changes bring a balance of continuity and fresh perspective ensuring strong leadership as Growthpoint advances its strategy to strengthen its local portfolio"
X Link 2025-08-12T09:11Z 48.5K followers, 5773 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 2025-08-15T11:51Z 48.5K followers, 7899 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 2025-08-21T14:23Z 48.5K followers, 50.5K 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 2025-09-23T15:32Z 48.5K followers, 29.5K 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 2025-09-25T13:50Z 48.5K followers, 371.9K 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 2025-10-16T12:51Z 48.5K followers, 73.7K 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 2025-10-17T13:29Z 48.5K followers, 3666 engagements
"ECONOMIC STORMS SHRINK FOSCHINI PROFITS The Foschini Groups profits have come under pressure as weak consumer spending and rising costs take their toll. Shares tumbled XX% after the retailer warned of lower earnings for the six months to September 2025. Despite a XXXX% rise in group sales most gains came from the acquisition of UK brand White Stuff with organic growth at just 3.5%. Inflation cautious shoppers and higher finance costs have all squeezed margins. Yet TFGs digital arm Bash continues to shine growing XX% year-on-year and proving that innovation not expansion may be the key to"
X Link 2025-10-22T06:22Z 48.5K followers, 4416 engagements
"GROWTHPOINT TURNS WATER INTO ENERGY Growthpoint Properties has acquired a XX% stake in the R390-million Boston Hydroelectric Plant marking a major step in its clean-energy journey. The plant developed by Serengeti Energy under the Lesotho Highlands Water Scheme will produce 30GWh of renewable electricity annually for Growthpoints buildings including sites in Sandton and Cape Town. Partnering with Etana Energy and Fuel Switch Growthpoint Properties will supply tenants with certified zero-carbon power through its new e-co initiative. Growthpoint now operates and procures one of South Africas"
X Link 2025-10-24T05:24Z 48.5K followers, 6898 engagements
"ORE AND ORDER: KUMBAS SOLID RESOLVE Kumba Iron Ore a subsidiary of Anglo American has reaffirmed its full-year production and sales guidance for 2025 buoyed by a seven per cent increase in third-quarter sales volumes attributed to enhanced logistics reliability. The JSE-listed miner reported robust performance in the period ending September 2025 with CEO Mpumi Zikalala (pictured) noting that these results position the company strongly to meet its annual targets. Despite a slight dip in production due to planned maintenance sales rose seven per cent supported by improved logistics and strong"
X Link 2025-10-28T10:00Z 48.5K followers, 7039 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 48.5K followers, 332.9K engagements
"R1.4BN FUND TARGETS HOMES & STUDENT DORMS Sanlam Investments has launched a R1.4-billion Property Impact Fund aimed at boosting affordable housing student accommodation healthcare and township retail. The open-ended fund targets returns of inflation plus X% with ambitions to grow to R4-billion in assets. Kamogelo Leeuw (pictured) who's the portfolio manager at Sanlam Investments said the initiative addresses a huge gap in South Africas social infrastructure where lower- and middle-income earners struggle to access quality housing and services. Backed by data-driven analysis and joint ventures"
X Link 2025-11-04T14:05Z 48.5K followers, 39.7K 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 XXXX% 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 48.5K followers, 540.2K engagements
"TFGS ONLINE SALES RISE BY XX% The Foschini Group (TFG) reported a sharp XXXX% rise in online sales which now make up nearly XX% of total turnover. This growth was fuelled by the Bash platform and the integration of UK brand White Stuff. While overall sales rose XXXX% 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 48.5K followers, 4836 engagements
"SIBANYE SETTLES $215M LEGAL DISPUTE Sibanye-Stillwater has agreed to pay $215-million to Appian Capital Advisory ending a lengthy legal battle over a failed $1-billion deal to buy two Brazilian mines. The settlement was reached just hours before a London trial that could have cost Sibanye over $700-million. The dispute began in 2022 when Sibanye pulled out of the purchase citing a pit wall collapse at one of the sites. Appian sued claiming wrongful termination. The agreement brings closure and removes legal uncertainty for Sibanye which plans to refocus on operational growth. Shares rose over"
X Link 2025-11-12T06:58Z 48.5K followers, 9332 engagements
"ROBUST GROWTH FOR MOMENTUM Momentum Metropolitan has kicked off its 2026 financial year with a strong performance reporting normalised headline earnings of R1.76-billion for the three months ended XX September 2025. Despite economic challenges the group's disciplined execution and favourable market movements drove growth with sales up X% to R22.4-billion. However the value of new business fell XX% due to softer life annuity volumes. The group remains confident reiterating its medium-term targets and highlighting improving domestic conditions including better electricity supply and falling"
X Link 2025-11-19T11:20Z 48.5K followers, 4603 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 XX years to reach production. Starting now Phase X will soon deliver 100000 ounces a year of platinum palladium rhodium and gold before jumping to 450000 ounces in 2028. Canadian billionaire Robert Friedlands company owns XX % and dreams of topping one million ounces long-term. With platinum prices up XX% this year and jobs desperately needed in a province where unemployment tops XX% Platreef brings hope fresh metal supply and a safer"
X Link 2025-11-21T06:19Z 48.5K followers, 11.3K 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 XX% 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 48.5K followers, 23.9K engagements
"BIDVEST LAUNCHES MEDICINE FACILITY Bidvest International Logistics has opened a ultra-secure temperature-perfect pharmaceutical warehouse right next to OR Tambo Airport. The new facility can handle everything from paracetamol to powerful Schedule X drugs and is already fully approved by health regulators. Medicines stay at exact temperatures tracked 24/7 while top-level security earned it an A-rating against theft. Planes can unload straight into the bonded warehouse cutting delays and damage and costs. With South Africas pharma logistics market expected to double by 2033 Bidvests smart hub"
X Link 2025-11-22T06:19Z 48.5K followers, 89.9K engagements
"LUCKY STAR LIFTS OCEANA RESULTS South African fishing giant Oceana delivered a resilient performance despite a sharp drop in global fish oil prices which cut headline earnings per share by 38%. Although revenue slipped X% to R10-billion and operating profit fell XX% strong results from Lucky Star Foods and a major turnaround in Wild Caught Seafood helped stabilise the Group. Sales of Lucky Star products rose as consumers sought affordable protein while hake exports benefited from firm European demand. Production efficiencies fleet upgrades and improved landings boosted volumes across segments"
X Link 2025-11-24T11:21Z 48.5K followers, 13.8K engagements
"DIGITAL BOOM FUELS NASPERS PROFITS Naspers has delivered strong interim results as rapid growth in its global e-commerce operations boosted profits and strengthened its long-term outlook. Revenue rose XX% to $4.1-billion driven mainly by iFood in Latin America OLX in Europe and PayU in India. E-commerce profits rocketed 71%. Naspers CEO Fabricio Bloisi (pictured) says that with all operating units now profitable Naspers is unlocking new synergies across regions using AI and cross-platform integration to deepen customer engagement and accelerate future growth. A CLOSER LOOK 1/ Naspers is"
X Link 2025-11-24T17:33Z 48.5K followers, 6509 engagements
"HOW ZIMBABWES ECONOMY IS ACCELERATING Zimbabwe is bouncing back strongly and the rebound is underpinned by improved weather and tighter monetary policy supporting stabilisation and restoring business confidence. Key sectors like agriculture mining and electricity generation are driving the momentum potentially delivering one of the country's strongest two-year growth cycles as it progresses towards its Vision 2030 goals. If the government keeps discipline and reforms rolling the good times could finally last. WHAT YOU NEED TO KNOW 1/ Mining is central to Zimbabwes economy accounting for more"
X Link 2025-12-02T05:20Z 48.5K followers, 25.4K engagements
"ANOTHER JAGUAR CHIEF STEPS DOWN Jaguar Land Rover has removed long-serving design chief Gerry McGovern after backlash over Jaguars bold electric-only rebrand. The move follows criticism of the Type XX concept which many felt abandoned the brands heritage. McGoverns departure follows closely on the heels of the retirement of former JLR Chief Executive Adrian Mardell. Full story -"
X Link 2025-12-03T04:20Z 48.5K followers, 10.2K engagements
"SA ECONOMY GAINS MOMENTUM South Africa's economy has achieved its longest period of sustained growth since the nations recovery from the initial pandemic-era lockdowns in 2021 marking four consecutive quarters of expansion. Gross Domestic Product (GDP) increased by XXX% in the third quarter a performance largely propelled by a XXX% expansion in the mining sector and a XXX% growth in the agricultural sector. Crucially business investment measured by gross fixed capital formation climbed by XXX% during the quarter indicating a renewed and positive shift in capital expenditure confidence among"
X Link 2025-12-03T06:20Z 48.5K followers, 18.9K engagements
"JUST EAT CEO RESIGNS Jitse Groen the founding boss of Just Eat Takeaway is stepping down after XX years. This decision comes shortly after Prosus acquired the company for 3.6-billion. Roberto Gandolfo currently the chairman of Just Eat's supervisory board will succeed him on January X pending regulatory approval"
X Link 2025-12-03T09:20Z 48.5K followers, 9681 engagements
"SANTAM SECURES APPROVAL FOR UK LAUNCH Santam is set to expand internationally with the launch of its new syndicate Santam Syndicate 1918 in the UK starting X January 2026. This venture allows Santam to underwrite specialist risks in the prestigious Lloyd's market a major strategic move. The company has assembled an experienced executive team including Rob Betech as CEO to ensure operational success. With an anticipated Gross Written Premium of over R6.8-billion for 2026 this expansion marks a pivotal step in Santam's FutureFit2030 strategy and aims to diversify its risk portfolio while"
X Link 2025-12-03T13:20Z 48.5K followers, 5899 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 48.5K followers, 6029 engagements
"PROFILE - PICK N PAY INCOMING CFO Tina Rookledge a seasoned finance executive is scheduled to become Pick n Pay's Group Chief Financial Officer (CFO) in August 2026 following the company's Annual General Meeting. She has over XX years of relevant experience at EY having commenced her career there as a trainee accountant in 1999 and being admitted to the partnership in 2006. During her tenure at EY Rookledge served as the Western Cape regional managing partner for six years a role through which she successfully expanded the firm's footprint notably securing audits for large higher education"
X Link 2025-12-03T14:20Z 48.5K followers, 14.8K 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 2025-06-12T11:06Z 48.5K followers, 9558 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 2025-08-06T14:02Z 48.5K followers, 116.4K 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 2025-08-20T10:48Z 48.5K followers, 15K 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 2025-08-27T13:13Z 48.5K followers, 698.5K 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 2025-09-11T10:41Z 48.5K followers, 24.8K 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 2025-10-03T07:03Z 48.5K followers, 50.6K engagements
"SA MARKS HISTORIC HIV BREAKTHROUGH South Africa has become the first country in Africa to approve Lenacapavir a groundbreaking twice-yearly injection by Gilead Sciences that prevents HIV infection. Approved by the South African Health Products Regulatory Authority (SAHPRA) Lenacapavir demonstrated near-complete efficacy in global clinical trials offering new hope in a nation where millions live with HIV. Supported by a R513-million Global Fund grant rollout begins in April 2026 targeting vulnerable groups including pregnant and breastfeeding women men who have sex with men and sex workers."
X Link 2025-10-28T05:07Z 48.5K followers, 312.4K engagements
"FIRSTRAND BACKS DUBAI-BASED OPTASIA FirstRand has acquired a XXXX% 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 XX 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 48.5K followers, 54.4K engagements
"JUST IN Harmony Gold has confirmed the death of an electrician at its Mponeng mine the worlds deepest underground mine - extending to a depth of X kilometers below the surface. This marks the third fatality at Mponeng and the 11th across Harmonys operations this year intensifying scrutiny on new CEO Beyers Nel to improve safety standards. The company expressed condolences to the workers family and pledged full support. Authorities including the Department of Mineral and Petroleum Resources are investigating the incident"
X Link 2025-10-28T12:03Z 48.5K followers, 46.1K engagements
"OLD MUTUAL STRIKES R2.2BN DEAL Old Mutual has acquired a majority stake in 10X Investments for R2.2-billion expanding its presence in South Africas fast-growing passive investment market. The deal allows 10X to retain its brand and management while gaining access to Old Mutuals vast distribution network. Founded in 2005 10X manages over R68-billion in assets and leads the shift toward low-cost technology-driven investing. Old Mutual CEO Jurie Strydom (pictured) said the move aligns with the companys strategy to grow in rules-based low-fee investing. The partnership aims to make retirement"
X Link 2025-10-28T13:07Z 48.5K followers, 5840 engagements
"ASPEN BETS ON WEIGHT-LOSS INJECTION Aspen Pharmacare plans to roll out the weight-loss drug Mounjaro across sub-Saharan Africa in 2026 building on its strong debut in South Africa where it has already captured XX% 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 2025 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 48.5K followers, 83.8K engagements
"MINIMUM PAY FirstRand has lifted its minimum annual salary for South African employees from R215000 to R260000 - a XXXX% 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 48.5K followers, 417.9K engagements
"PEPKOR CEO IN R300M TAX SHOWDOWN Pepkor CEO Pieter Erasmus is heading to the Supreme Court of Appeal to defend himself against the South African Revenue Service in a R300-million tax dispute. The clash stems from a 2015 payout by his investment firm Treemo which SARS claims was a taxable dividend disguised as a capital return. The agency imposed heavy penalties accusing Erasmus of orchestrating a complex avoidance scheme. He maintains it was a lawful transaction blaming his accountants for an oversight. Full story -"
X Link 2025-10-30T11:05Z 48.5K followers, 113.7K engagements
"SIBANYE SHINES AS EARNINGS NEAR R10BN Sibanye Stillwater delivered strong results for the September quarter fuelled by soaring metal prices and improved operational stability. The miner reported a XXX% increase in group adjusted EBITDA to R9.9 billion supported by a XXX% rise in South African platinum group metal earnings. Higher gold and PGM prices efficient cost control and stronger underground output all contributed to the gains. New CEO Richard Stewart (pictured) praised the recovery across operations particularly the turnaround in US assets. While market volatility remains Sibanye"
X Link 2025-11-07T07:55Z 48.5K followers, 13.6K engagements
"BOTSWANA PURSUES CONTROL OF DE BEERS Botswana is pushing to secure a majority stake in diamond giant De Beers by acquiring Anglo Americans XX% shareholding valued at around $4.9-billion. President Duma Boko confirmed progress toward the deal describing it as key to increasing national control over a resource central to the economy. Angola has also shown interest through its state firm Endiama creating potential regional competition. Botswana already a XX% shareholder aims to gain more influence over pricing and marketing amid weaker global demand. More on this - Pictured - Minister of"
X Link 2025-11-11T09:22Z 48.5K followers, 55.1K engagements
"OLD MUTUAL UNVEILS R1.2M FUNDING Old Mutual SMEgo has launched a R1.2-million Business Asset Programme to support small and medium-sized businesses across South Africa. Announced ahead of the Global Entrepreneurship Week (1723 November) the initiative provides up to R20000 per business for essential tools technology or equipment - with payments made directly to service providers. Open to Black-owned businesses nationwide applications close on XX November 2025. The fund follows other SMEgo efforts this year including the R4.2-million Pitchathon and a R600000 accelerator. Old Mutual says the"
X Link 2025-11-12T07:50Z 48.5K followers, 23.9K engagements
"DE BEERS CUTS DIAMOND PRICES De Beers has launched a major discounting campaign to clear a massive $2-billion diamond stockpile. The company sold XXX million carats for $700-million this quarter dramatically increasing sales volume but accepting lower prices to reduce inventory. This decision aims to simplify the company's balance sheet ahead of its planned separation from parent company Anglo American. The sell-off comes during a challenging market where lab-grown diamonds are gaining significant market share. This clearance sale further positions De Beers for its upcoming ownership"
X Link 2025-11-13T12:52Z 48.5K followers, 21.4K engagements
"SANLAM POSTS STRONG GROWTH Sanlam has reported robust growth for the first nine months of 2025 with operational earnings rising XX% and net client cash inflows nearly doubling to R74-billion. This strong performance was driven by its Pan-Africa cluster where new business surged XX% and its investment management division. However the group faced some headwinds including a shift in product preferences in South Africa and higher funding costs. As a result the board adopted a cautious approach by reducing its final dividend by 10%. Despite this the company remains confident in its future"
X Link 2025-11-14T10:20Z 48.5K followers, 3467 engagements
"DIAGEO NAMES NEW CEO Drinks giant Diageo has appointed Sir Dave Lewis as its new Chief Executive Officer effective X January 2026. Lewis the former CEO of Tesco brings extensive experience from his decades at Unilever and his current role as Chair of Haleon. He is tasked with leading Diageo's portfolio of world-class brands through market challenges and opportunities. The Board expressed unanimous confidence in his proven leadership and brand-building skills"
X Link 2025-11-14T11:20Z 48.5K followers, 5516 engagements
"OLD MUTUAL INSURE APPOINTS NEW CEO Old Mutual Insure has appointed Soul Abraham as chief executive designate set to succeed Charles Nortje. Abraham who currently leads the retail insurance division will transition into his new role on X January 2026 pending regulatory approval. The appointment is part of a broader leadership refresh at Old Mutual which also named Ranen Thakurdin as group chief risk officer. Both leaders bring strong actuarial backgrounds positioning them to drive sustainable growth and enhance customer offerings. Analysts view these changes as a sign of stability within the"
X Link 2025-11-16T15:20Z 48.5K followers, 6291 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 1996 the plant has produced four generations of the Polo with over XXX million units exported to more than XX 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 48.5K followers, 16.8K engagements
"PEP STEPS INTO BANKING Pepkor South Africas largest clothing and mobile retailer is preparing to launch a new bank inside its 6000 stores. The plan informally called Pep Bank aims to offer zero-fee accounts to low-income customers and directly challenge Capitec the countrys biggest bank by client numbers. Pepkor is in advanced talks with Investec about a potential partnership although no deal has been finalised. By using its huge store network and customer data Pepkor could expand quickly and design products for underserved communities. As competition intensifies the move may reshape low-cost"
X Link 2025-11-20T05:23Z 48.5K followers, 105K engagements
"TITI STEERS INVESTEC THROUGH TURBULENCE Investec has shrugged off global jitters to post steady first-half results with revenue almost flat at 1.1-billion yet up XXX% in rand terms. Earnings per share held firm at 36.7p and the dividend jumped X% to 17.5p. Strong client inflows growing loans and lower funding costs in South Africa cushioned the blow from falling interest rates and weaker trading income. Wealth funds in Southern Africa rose XX% to 26.5-billion while bad debts eased. CEO Fani Titi (pictured) says the groups diverse model and sharp focus on clients kept performance resilient"
X Link 2025-11-20T11:31Z 48.5K followers, 83.3K engagements
"SAS FIRST ELECTRICITY ADVANCE APP Citiq the countrys largest prepaid-metering firm has just launched South Africas first in-app electricity advance. Called Citiq Advance it lets tenants grab instant power tokens through the Citiq Tenant App when money is tight before payday. No forms no credit checks just a quick tap and the lights stay on. Half of every future top-up automatically repays the advance with only a small clear fee. Managing Director Melissa Naicker says its about giving people control and dignity in tough times. With over one million meters already installed this simple fintech"
X Link 2025-11-21T05:49Z 48.5K followers, 157.6K engagements
"EXPLAINED - THE POLO LOGO WAR IS OVER After XX years of courtroom battles and trademark tricks South Africas home-grown Polo brand is finally being sold to Ralph Lauren. The Competition Commission has approved the takeover by the American luxury giant ending a bizarre saga that began when local firm LA Group registered a near-identical polo-player logo in 1976 nine years after Ralph Laurens original. For decades some South Africans wore Polo thinking it was the famous US label. A CLOSER LOOK 1/ The South African pony faces right; the Ralph Lauren pony faces left. 2/ Ralph Lauren has been"
X Link 2025-11-23T12:20Z 48.5K followers, 727.7K 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 5500 stores and XX 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 48.5K followers, 30.9K engagements
"EXPLAINED - STANDARD BANK CHINA DEAL Standard Bank has become the first African bank to directly integrate with China's Cross-border Interbank Payment System (CIPS) allowing for real-time payments between Africa and China in yuan - thus eliminating the need to route payments through the US dollar which can reduce costs and speed up transactions. A CLOSER LOOK 1/ As of June 2025 Standard Bank had XXXX million clients across the group. Its active client base in South Africa alone was XXXX million. 2/ Standard Bank Group reported headline earnings of R24-billion and a return on equity (ROE) of"
X Link 2025-11-25T10:05Z 48.5K followers, 100.5K engagements
"WHY SHOE CITY IS SHUTTING DOWN Pepkor is closing all XX of its Shoe City stores to focus resources on higher-growth areas particularly a new beauty line for Ackermans due in 2026. This strategic pivot driven by the strong performance of its fintech arm and robust 2025 financials aims to capture a slice of South Africas growing R68-billion personal care market. A CLOSER LOOK 1/ Pepkor stated that Shoe City was consistently dragging down the performance of its speciality division which also includes brands like Tekkie Town. 2/ While the overall speciality division managed an XXX% sales growth"
X Link 2025-11-26T15:40Z 48.5K followers, 17.4K engagements
"R2 BILLION FOR AFRICAN STARTUPS The B20 South Africa Digital Transformation Task Force has unveiled a landmark R2-billion digital inclusion fund. Chaired by Naspers South Africa CEO Phuti Mahanyele-Dabengwa (pictured) this blended capital targets early-stage African entrepreneurs solving connectivity gaps in vital sectors like healthcare and education. Importantly this initiative moves beyond mere policy offering crucial capital and global network access to de-risk ventures amid the continents significant venture capital contraction. Full details -"
X Link 2025-11-27T10:20Z 48.5K followers, 142.5K engagements
"NEW R750M ISUZU LOCAL PLANT Isuzu Motors South Africa has opened its new R750-million VSSL metal stamping plant marking a significant victory for national localisation efforts. This investment secures the companys supply chain by replacing imports and it will immediately create jobs. Isuzu Motors SA CEO Billy Tom (pictured) committed to spending R1-billion locally over five years. ZOOMING IN 1/ Isuzu is widely known as the world's largest manufacturer of diesel engines having produced tens of millions for a wide range of applications. 2/ Isuzu trucks first reached South African shores in 1964"
X Link 2025-11-28T08:44Z 48.5K followers, 432.6K engagements
"NEW CFO TO HELP RESCUE GUCCI Iconic luxury house Gucci has appointed Gianluca de Ficchy a veteran from Renaults finance and mobility divisions as its new Chief Financial Officer. His hiring is part of a strategic effort by parent company Kering to revive Gucci's fortunes as sales plummeted by XX% this year. De Ficchy's expertise in cost optimisation and complex financial systems will be crucial for the brand's recovery especially as Kering implements a Renault-inspired playbook to seek stability in challenging global luxury market conditions. As part of its recovery strategy Gucci plans to"
X Link 2025-11-29T05:50Z 48.5K followers, 155.9K engagements
"TIGER BRANDS SEEKS YOUNG EXECS Tiger Brands has opened applications for its 2026 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 -"
X Link 2025-11-30T07:26Z 48.5K followers, 47.9K engagements
"R34M STANDARD BANK POWER DEAL Midvaal Private Hospital in Vereeniging has commissioned a R34-million hybrid renewable energy system fully financed by Standard Bank to secure uninterrupted power for critical healthcare services. The project combines a XXX MW rooftop solar installation with a XXX MW battery energy storage system allowing the hospital to operate independently of Eskom during outages. Standard Banks involvement aligns with its continent-wide pledge to deploy more than R450-billion in sustainable finance by 2028 with healthcare infrastructure increasingly prioritised as an"
X Link 2025-11-30T17:25Z 48.5K followers, 7138 engagements
"EXPLAINED - HOW ESKOM GOT IT RIGHT Last week Eskom secured its first credit-rating upgrade in over twelve years. S&P Global lifted the utility from B to B+ after Eskom reported a profit after tax of R24.3-billion for the first six months of FY2026 (to XX September 2025) a dramatic reversal from the substantial losses recorded in previous years. Key to the recovery was the launch of the Cost Optimisation and Revenue Enhancement (CORE) programme which aims to deliver R112-billion in efficiencies over five years. Eskom also sharply reduced its spending on open-cycle gas turbines cutting annual"
X Link 2025-12-01T07:51Z 48.5K followers, 93.3K engagements
"GOVERNMENT RETHINKS BEE MODEL South Africas Trade Industry and Competition Minister Parks Tau has confirmed a two-phase review of Broad-Based Black Economic Empowerment (B-BBEE) legislation aimed at addressing weaknesses in the current framework while preserving the constitutional goal of redress. The review aims to boost real job creation support inclusive growth and address concerns that the current system benefits too few people. WHAT YOU NEED TO KNOW 1/ Broad-Based Black Economic Empowerment (B-BBEE) legislation was first enacted by the South African government in 2003 with the"
X Link 2025-12-01T10:45Z 48.5K followers, 130.9K engagements
"IMPORTANT NOTICE The National Treasury has confirmed the start of the repayment process for Ithala SOC Limited depositors with as much as R2.2-billion set aside for payouts. From December X 2025 verified depositors will be able to withdraw their funds at First National Bank (FNB) branches. Depositors will be notified via SMS of the verification steps required and once verified should receive payment within two business days"
X Link 2025-12-02T09:48Z 48.5K followers, 18.9K 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 X December XXXX% 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 48.5K followers, 55.9K 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 48.5K followers, 240.1K engagements
"R2.1 MILLION CFO POSITION The City of Joburg Property Company (JPC) has readvertised the Chief Financial Officer (CFO) position offering a R2.1-million annual package. This role is vital for driving financial sustainability and aligning the JPCs services with the Citys strategic goals. Candidates must have a Bachelors degree in Finance Accounting or Economics and a Chartered Accountant certification. Additionally at least ten years of finance experience including five at a senior management level is required. Read more and apply -"
X Link 2025-12-03T12:20Z 48.5K followers, 10K engagements
"PROFILE - NEW PwC SA CEO PwC South Africa has appointed Anastacia Tshesane as its new Chief Executive Officer with her term commencing on X July 2026. This appointment follows the planned retirement of current CEO Shirley Machaba after a 24-year career. WHAT YOU NEED TO KNOW 1/ The new CEO Anastacia Tshesane is a nineteen-year veteran of the firm and has extensive governance experience. 2/ Her appointment is seen as a key step in ensuring institutional continuity during a period of intense regulatory change including Mandatory Audit Firm Rotation and technological disruption in the auditing"
X Link 2025-12-04T06:04Z 48.5K followers, 372.7K engagements
"TIGER BRANDS EYES TOWNSHIP GROWTH Tiger Brands is accelerating its expansion into South Africas township economy positioning spaza shops as a key engine of future growth. The group is focusing on selectively widening its distribution footprint rather than serving every informal outlet. Group CFO Thushen Govender said the company plans to add about 50000 spaza shops to its network to drive market penetration of its products. With roughly 110000 spaza shops already supplied Tiger Brands believes efficiency gains could lift coverage to up to 160000 outlets. Full story -"
X Link 2025-12-04T09:04Z 48.5K followers, 4995 engagements
"GLENCORE CUTS 1000 JOBS GLOBALLY Glencore is cutting about 1000 jobs worldwide as part of a broad restructuring aimed at saving $1-billion a year by 2026. The decision follows an operational review focused on simplifying reporting lines and reducing costs across its global footprint. The impact is most visible in South Africa where high electricity prices have forced the closure of energy-intensive ferrochrome smelters putting hundreds of jobs at risk. Full story - Pictured - Glencore CEO Gary Nagle"
X Link 2025-12-04T11:17Z 48.5K followers, 4319 engagements
"STANDARD BANK SEALS VODACOMMAZIV DEAL Standard Bank has closed South Africas largest fibre infrastructure transaction finalising a R11.5-billion deal that sees Vodacom Group acquire a XX% stake in Maziv its fibre infrastructure holding company. The transaction four years in the making received final regulatory approval in late 2025 and underlines the strategic importance of digital infrastructure to the economy. Through its Corporate and Investment Banking unit Standard Bank advised both parties and helped structure the funding. Full story - Pictured - Grant Tidbury Head of M&A Advisory at"
X Link 2025-12-04T14:04Z 48.5K followers, 12.2K engagements
"BOTSWANA REVAMPS BANKING RULEBOOK Botswana has introduced a new Banking Act replacing legislation dating back to 1995 and marking a major shift in financial regulation. The updated law strengthens oversight by expanding the powers of the Bank of Botswana and widening regulation to include deposit-taking and cross-border institutions. It also blocks foreign bank branches to maintain strong local control. In addition the Act tightens governance rules placing greater responsibility on directors and executives. Importantly it introduces a formal bank resolution framework to manage failures"
X Link 2025-12-04T15:04Z 48.5K followers, 9566 engagements
"7.3M FACTORY LAUNCHED IN ZIM Zimbabwe has taken a notable step towards industrial expansion after Bronzepels Investments launched a 7.3-million LPG cylinder manufacturing plant in Mount Hampden. The facility strengthens local manufacturing capacity while sharply reducing reliance on imported gas cylinders. Crucially the firm plans to export up to XX% of its output into regional markets helping generate foreign currency and ease Zimbabwes import bill. The launch comes as LPG demand grows across Southern Africa supported by regional gas integration policies. Full story -"
X Link 2025-12-04T18:20Z 48.5K followers, 3359 engagements
"MEGADEAL - NETFLIX ACQUIRES WARNER BROS Netflix has agreed to acquire major assets from Warner Bros Discovery ending a fierce bidding race involving Paramount Skydance and Comcast. The deal valued at around $82.7-billion gives Netflix control of Warner Bros legendary film studio and HBO Max strengthening its position as streamings leading global player. For Warner Bros Discovery the cash-and-stock structure provides vital liquidity to ease its heavy debt burden. The merger blends iconic franchises with Netflixs acclaimed originals promising a stronger market share and richer content library."
X Link 2025-12-05T13:01Z 48.5K followers, 5006 engagements
"TOP XX 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 -"
X Link 2025-12-07T04:07Z 48.5K followers, 10K engagements
"JUDGE REJECTS BLACK ROCK CLAIM The Johannesburg High Court has dismissed Black Rock Minings urgent attempt to freeze XX% of Kenneth Makates Please Call Me settlement from Vodacom. Judge Don Mahon ruled there was no evidence that Makate intended to dissipate funds and that any financial loss could be addressed through normal legal processes. Black Rock claims entitlement based on a 2011 litigation funding agreement which Makates team argues was cancelled years ago. The dispute will now move to arbitration to determine whether Black Rock has any valid claim"
X Link 2025-12-08T15:06Z 48.5K followers, 122.7K engagements
"SPAR EXITS ABROAD REFOCUSES HOME Spar reported a modest X% rise in headline earnings for the year to September 2025 supported by steady second-half trading and tighter cost controls. However the retailer again withheld a dividend as it prioritises repairing its balance sheet. The group posted a R5-billion loss linked to exiting unprofitable operations in Switzerland and Poland highlighting the cost of its strategic retreat. Turnover grew XXX% to R131.5-billion and operating profit improved due to strong contributions from Southern Africa. Net debt dropped sharply to R5.4-billion positioning"
X Link 2025-12-09T06:25Z 48.5K followers, 10.7K engagements
"WHY THUNGELA IS TAKEN TO COURT Thungela Resources is heading to the Gauteng High Court after minority shareholders accused the company of unlawfully blocking climate-related resolutions. Groups including Just Share Aeon Investment Management and Fossil Free South Africa claim Thungela rejected their proposals - submitted over three consecutive years - in breach of the Companies Act and its own governance rules. They argue the company has silenced legitimate shareholder input on carbon emissions and long-term climate risks and even infringed constitutional rights to expression and association."
X Link 2025-12-09T17:13Z 48.5K followers, 8697 engagements
"WOOLLIES CEO SELLS SHARES WORTH R37M Woolworths CEO Roy Bagattini has sold shares worth nearly R37-million a decision that comes during growing pressure over executive pay at the retailer. The sale of 650000 shares follows a contentious annual general meeting where shareholders strongly challenged rising remuneration levels. Bagattinis pay rose to R79.9-million in 2025 alongside double-digit increases for senior executives - fuelling investor concerns as Woolworths navigates tough trading conditions. While the food division continues to outperform the market weak results in fashion and"
X Link 2025-12-10T05:19Z 48.5K followers, 46.6K engagements
"STANDARD CHARTERED TAKE ON AFRICA Standard Chartereds latest Future of Trade: Digitalisation report shows that Africa is well-positioned to accelerate into a modern digital trade system. Senior corporate leaders from across key markets rated Digital Economy Agreements (DEAs) as the most important tool for enabling secure seamless cross-border trade. However fragmented regulation and infrastructure remain major hurdles. The report highlights that adopting cloud technology strengthening digital foundations and deepening cross-industry partnerships can unlock efficiency and resilience. With"
X Link 2025-12-10T08:08Z 48.5K followers, 2536 engagements
"PONZI SCHEME FINED R2BN South Africas FSCA has issued its toughest sanction yet slapping a R2-billion penalty on trading platform Banxso and banning its former directors for operating what it calls a large Ponzi-style scheme. Investigators found that client deposits were siphoned into personal and operational accounts while fake returns were used to lure new investors. Losses exceed R3-billion with more than 4200 complaints filed. Senior executives face lengthy industry bans and multimillion-rand fines while the case has been referred for criminal prosecution. Full story - Pictured - FSCA"
X Link 2025-12-10T08:55Z 48.5K followers, 35.4K engagements
"INVESTORS BET ON ESKOM RECOVERY Investor confidence in Eskom is rising as the utility shows strong signs of recovery. Its credit default swap spread has narrowed sharply over two years reflecting lower perceived risk and renewed trust in the companys turnaround plan. Eskom has stabilised power supply nearly eliminated load shedding and delivered its first profit in eight years supported by higher revenue and tight cost control. This improvement is boosting sentiment in South Africas bond market and may reduce future borrowing costs. As Eskom prepares to raise new capital for grid expansion"
X Link 2025-12-10T09:10Z 48.5K followers, 3154 engagements
"R59 BILLION CASH BOOST SECURED South Africas National Treasury successfully raised R59-billion from international investors via a dual-tranche dollar bond sale which was significantly oversubscribed. This successful issuance was possible due to a noticeable improvement in investor confidence allowing the government to secure funding at much lower interest rates than it did a year ago. Investors from the United Kingdom North America Europe Asia Africa and other regions participated with orders placed by a wide range of high-quality investors including fund managers insurance companies pension"
X Link 2025-12-10T12:10Z 48.5K followers, 5332 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 XX% in a year crypto payments rose more than XX% 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 48.5K followers, 7211 engagements