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Business BagelEric Njagi Muriuki, who ran NCBA's digital bank in Kenya, joins Absa in a new Johannesburg role under Sitoyo Lopokoiyit, the former M-Pesa boss now running its personal and private banking.
Business BagelToday’s edition House Rules Presented by Good morning, and welcome to your Thursday Roundup. Sun International is trying to get ahead of South Africa’s growing gambling problem, while government has a problem of its own ahead of next week’s mini-budget. Meanwhile, dairy farmers
Business BagelThe IMF expects 1% growth this year against Treasury's 1.6%, and next Wednesday's mini-budget will show how much of the tax take still rests on gold and platinum prices.
Business BagelThe casino group has launched a voluntary charter limiting its ads and blocking declared grant recipients, as Treasury weighs a 20% tax on a betting market that has grown almost fivefold in five years.
Business BagelBritish American Tobacco South Africa wants a legal minimum price of R38 a pack, on the back of an Ipsos study it commissioned into how cheaply cigarettes are being sold.
Business BagelLVMH's fashion sales fell further than analysts expected, and luxury shares dropped together, Richemont among them, on a day it had published nothing of its own.
Business BagelLactalis has cut its raw milk price in September and October and plans a third cut in November, and the Cape co-op Samilco has taken the fight to the Competition Commission.
Business BagelThe UK software seller, also listed on the JSE, has agreed to buy London's CyberOne and run its own round-the-clock security desk, after a half in which services grew faster than anything else it sells.
Business BagelToday’s edition Fill 'Er Up Presented by Good morning, and welcome to your Wednesday Roundup. Petrol stations are finding new ways to make money, and a Johannesburg chicken chain wants a piece of the action. Meanwhile, The Foschini Group has been hit by a cyberattack in Britain,
Business BagelThe Foschini Group's London business is working through a cyberattack that has knocked out systems at three of its brands, while the group's stores at home carry on as normal.
Business BagelTasty Gallos plans to put restaurants on BP forecourts from 2027, part of a wider rebuild that is turning petrol stations into places to shop, eat and even work.
Business BagelThe dating app is in advanced talks to sell itself to a new Silicon Valley investment firm, and nothing has been signed yet.
Business BagelThe IMF credits the AI building boom with keeping global growth above 3%, and Tencent's latest bond sale shows what that boom looks like inside one company.
Business BagelThe JSE will strike the sugar producer off its main board on 3 November, and the company says shareholders should expect nothing from what is left.
Business BagelA new industry report says Africa has built almost none of the wind it could, and that in South Africa it is companies and local lenders now driving the build.
Business BagelToday’s edition Price Fighter Presented by Good morning, and welcome to your Tuesday Roundup. Boxer has been cutting its prices and still making more money, and it's just named the new captain of its ship. Meanwhile, tensions between businesses and the Presidency are growing, and a
Business BagelAGOA now runs to 2028, but Washington is reviewing who qualifies for 2027. Solidarity's research arm puts 576,000 jobs behind US exports, and the worry has already set Neal Froneman against the Presidency.
Business BagelThe discount grocer sold more by charging less, kept more of each sale through a better mix and economies of scale, and named supply chain chief Justin Galloway to take over from Marek Masojada.
Business BagelApple's Welcome Home launch is at 3pm South African time today, and Bloomberg reports the main act is a home-control screen called HomeView that will have no App Store.
Business BagelFour of the JSE-listed company's six directors resigned after shareholders led by co-founder Warren Wheatley's family investment company asked for a vote to remove them, weeks after a regulator banned Wheatley from financial services.
Business BagelThe state bank that pays out social grants blames a R44.5 million SARS interest charge for its loss, but its fee income halved under a Reserve Bank restriction and a write-back from Land Bank repayments held up what was left.
Business BagelToday’s edition Home Cooking Presented by Good morning. Woolworths is about to own the company that has made convenience food for it for more than 30 years. The two men who started LekkeSlaap in a garage have sold it to a group with old South African banking money
Business BagelA consortium led by Bellair Road and the Dippenaar family's Janic Capital, with GT Ferreira's family office alongside, has bought the holiday-booking platform, and its managers are staying on to run it.
Business BagelToday’s edition Air Time Presented by Good morning. Airlink flew two jets low over a packed Cape Town stadium in August, and a quarter of the airline belongs to Qatar Airways. Vodacom wants up to 55,000 more cars on Uber and Bolt, with the car loans in
Business BagelVodacom and fleet manager SmartOps want investors to fund up to 55,000 new Uber and Bolt cars, with Vodacom supplying the technology and payments rather than the cars.
Business BagelAirlink's low pass over DHL Stadium got South Africa's attention, and behind it is an airline carrying 4.5 million passengers a year and planning a network about a tenth bigger.
Business BagelSamsung's early estimate puts its third-quarter operating profit at about 107.4 trillion won, close to nine times a year ago, and the shares still slipped.
Business BagelPwC's SA Mine 2026 report finds bigger reserves and longer mine lives for gold, platinum group metals and iron ore, while production rose just 2% and still trails 2019.
Business BagelA stronger rand and shipping costs up by almost half have left Afrimat expecting a headline loss for the six months to August, its toughest stretch since listing in 2006.
Business BagelThe Competition Commission has asked the Tribunal to revoke or rework its approval of Premier's RFG takeover, saying the companies discussed closing the Tulbagh cannery and never disclosed it.