Old Mutual has received regulatory approval to appoint Clarence Nethengwe as CEO of OM Bank, which will launch in early 2025.

Shell and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant’s ...

Commodity trading giants such as Glencore, Vitol, and Trafigura are expanding their presence in South Africa through petrol ...

South Africa plans to raise $50 million (R923 million) to help fund a bid to host a Formula 1 race, Sports Minister Gayton ...

South Africa’s banking laws on account closures are under scrutiny for a lack of transparency, unfair treatment, and ...

Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate ...

While the government’s debt skyrockets year after year, South Africa’s corporate debt burden remains one of the lowest in the world, providing an important buffer to external shocks and adequate ...

Eskom suspended load-shedding early Sunday morning after it was able to sufficiently replenish its emergency reserves throughout Saturday. The utility took 3,000 MW offline from 5 p.m. on Friday in ...

Rothschild & Co. concluded the offer for Barloworld is fair and reasonable, with the independent board recommending the ...

At its January meeting, the Reserve Bank’s Monetary Policy Committee (MPC) cut South Africa’s interest rates by 25 basis ...

Clicks CEO Bertina Engelbrecht bought R3.5 million worth of company stock on the open market this week. The retailer’s share ...

The Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty ...