News24 Business31 October 2026 at 15:05Read the full story on News24 BusinessAwash in cash after their third-highest quarterly earnings on record, the world’s largest oil companies are uncharacteristically wary about how to spend it.
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News24 BusinessLong-serving Eskom executive Calib Cassim is retiring from his role as group chief financial officer.
MoneywebThe estimated investment includes about $1.3bn annually in grants and subsidies, and another $1.6bn in equity, debt and receivables financing each year.
BizcommunityAfrican airlines recorded 4.7% year-on-year growth in air cargo demand in September 2026, while capacity declined by 1.2%, according to the International Air Transport Association (Iata). The figures came as global air cargo demand rose 7.7%, outpacing capacity growth of 2.7%.
BizcommunityFedgroup-funded renewable energy infrastructure is helping Coega Steels produce steel with reported carbon dioxide emissions of about 800kg per tonne, roughly 73% below the 3,000kg/t associated with conventional iron ore-based production.
MoneywebA failed gas procurement round, major coal retirements and demanding Eskom performance targets leave important questions unanswered.
MoneywebBrent for December settlement added 1% to $116.06 a barrel at 1:08 p.m. in Singapore.