“This was still notably above the level of R15,983 a year earlier, reflecting the improving economic environment,” said Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagement ...

Afrimat’s share price plunged more than 8% on Wednesday on news that earnings per share (EPS) are expected to be 85-90% lower for the year to February 2025. Headline EPS are expected to drop a ...

Finance Minister Enoch Godongwana denies that he ever suggested he could revoke the implementation of the increase in the value-added tax (Vat) rate from 15% to 15.5%. The rate will increase on 1 ...

The Public Investment Corporation (PIC) has committed to backing Newco’s proposed R23 billion acquisition of Barloworld. The PIC, one of South Africa’s largest asset managers, has provided ...

South Africa’s Democratic Alliance party began a court challenge to stop a proposed tax increase — a case that’s threatened to fracture the coalition government. The Western Cape High Court ...