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Business

Get the latest Business and Financial news in South Africa as it happens.

Trump a mixed bag uncertainty

donald trump

At first glance, Donald Trump is everything Wall Street likes – a billionaire whose real estate empire has provided huge business for banks, and whose luxury towers house the rich and famous. But his surprise success in the fight to win the Republican nomination for the US presidency has sent …

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Rand retreats ahead of inflation data

 The rand retreated on Wednesday ahead of a slew of local and offshore data, including consumer inflation figures expected to shed light on the Reserve Bank’s next interest rate move.Stocks were set to open slightly higher at 09:00, with the JSE’s Top 40 futures index up 0.3%. By 08:45 the …

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Tiger Brands slides as grain prices weigh on profit

Tiger Brands [JSE:TBS] fell the most in more than a month, wiping out this year’s gains after the largest South African food producer said higher grain prices and slowing consumer demand are weighing on profit. The warning from the Johannesburg-based maker of Albany bread and Black Cat peanut butter comes …

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Zuma cancer has spread to whole ANC

ONE has to be truly blind not to notice that the ruling African National Congress (ANC) is facing what could be its most frustrating conundrum since it was formed some 104 years ago. It sits with a powerful president – although some observers claim that he’s now weakened – who …

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AA slams Sanral’s e-toll fees SMS

The Automobile Association (AA) said that it is disappointed that the SA National Roads Agency (Sanral) has decided to go the legal route before resolving their e-toll billing problems. In an attempt to force Gauteng road users to pay their fees on the controversial tolling system, Sanral appointed a debt-collection …

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