Business News

The prospect of looser monetary policy at home and abroad boosts the JSE, while PepsiCo’s offer to buy Pioneer Foods also adds some fizz

The public protector found that President Cyril Ramaphosa ‘deliberately’ misled parliament about a R500,000 donation from corruption-implicated company Bosasa

Gold is up about 1.7% for the week, while silver is set for its best week in three years, and platinum is up 1%

Oil is still, however, set for a weekly decline, with the IEA reducing its 2019 oil demand growth forecast

In oil markets, crude surged after the US said its navy had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global flows

New York Federal Reserve Bank CEO John Williams says it would be better to take ‘preventative measures’ as expectations rise for a rate cut

Peter Attard Montalto from Intellidex talks to Business Day TV about the Reserve Bank’s 25 basis point rate cut

A panel of experts talk to Business Day TV about the Reserve Bank’s decision to cut rates

Rand trades near its strongest level in four months as economists view MPC bias as being on the hawkish side

Rand trades near its strongest level in four months as economists view MPC bias as being on the hawkish side

Minister cannot make a decision on local industries’ requests for tariffs of up to 82% until  he gets feedback from the International Trade Administration Commission

The Bank also slashed its GDP growth forecast for the year from 1% to 0.6% while inflation is expected to average 4.4% for 2019

Luxury department store Barneys New York Inc. is exploring restructuring options that could include filing for bankruptcy.

Alex Morgan, co-captain of the U.S. women’s soccer team that just won its second straight World Cup, is planning to launch her own media venture.

The two-year-old Russian made app saw the Internet going crazy as it went viral with users posting their aged likenesses on social media.

U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat.

The strategy has helped introduce the studio’s most popular characters, from Belle to Aladdin, to a new generation of consumers.

Kumba Iron Ore, Africa’s largest iron ore producer, yesterday saw its share price surge nearly 5 percent on the JSE.

Eastern Cape MEC for Rural Development Nomakhosazana Meth says the Magwa-Majola Tea Estate in Lusikisiki has the potential to contribute immensely to the economy of the province. The post Eastern Cape tea estate receives cash boost appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. […]

Illegal small scale miners in the Sekhukhune district of Limpopo have called on the Mineral Resources Department to issue them with mining permits. The post Illegal small scale miners in Limpopo seek mining permits appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's […]

PepsiCo offered a cash consideration of R110 per Pioneer Foods ordinary share, a 56.5% premium as of July 12, 2019. The post PepsiCo plans to acquire South Africa’s Pioneer Foods appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

President Cyril Ramaphosa says Broad Based Black Economic Empowerment will not be scrapped. The post BBBEE will not be scrapped: Ramaphosa appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

South Africa's Central Bank cut its main lending rate as expected on Thursday, but it struck cautious tone that suggested future cuts in borrowing costs were not a foregone conclusion despite benign inflation. The post South Africa strikes cautious tone as it cuts interest rates appeared first on SABC News - Breaking news, special reports, […]

The Reserve Bank's Monetary Policy Committee has decided to cut the interest rate by 25 basis points. The post Reserve Bank cuts repo rate by 25 basis points appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Bob van Dijk received almost R1.9-billion in salary, incentives, and vested share options and shares appreciation rights in the year to March 2019, a regulatory filing published on Friday shows.

As part of an ambitious reform programme, Prime Minister Abiy Ahmed plans to award telecommunications licences to two private operators next year, and sell a minority stake in Ethio Telecom.

Of all the executives, government officials and consultants being recruited to tackle the mammoth task of rescuing South Africa’s state power utility, the toughest task could fall to the person who has to take it apart.

ITV and the British Broadcasting Corporation have reached an agreement on a UK streaming venture, as they seek to respond to the incursion from digital rivals including Netflix.

Virgin Galactic founder Richard Branson has said his spaceship has just a few more test flights before he jumps on board for the first tourist trip.

Microsoft topped quarterly sales and profit projections, fuelled by steady demand for cloud computing services and a surprisingly strong Windows business.

If you have tried to kick the sugar habit and eat only healthy food, or give up cigarettes and replace the habit with going to the gym, you can probably atte...

Deterred by the large number of investment options available, many would-be investors fail to make the most important decision: the decision to start. Becomi...

You wouldn’t gamble with your health by not seeing a professional, why do it with your financial future? Consult an independent financial adviser to help you...

Meet parents Wayne and Makgabo van Niekerk from Johannesburg. They are paying for Ceana (six) and three-year-old Amber’s early education (crèche and primary...

When it comes to paying for the best education for your child, making small sacrifices early on and taking a long-term approach to investing is the smart thi...

A Johannesburg mother saves on fees by taking advantage of the discount offered by some schools to settle the year’s fees in full at the beginning of the yea...

We’re back again with your weekly-round up, giving you 10 of the best blogs the team have read this week. Don’t say we never treat you. This week, we’ve handpicked a selection of our favourite blogs to help you and your business do amazing things. If you want to learn all about the power of […]

Are you in the process of creating a new logo for your business? Want to know if your current business logo is fit for purpose? Visme share their logo design tips for success in this infographic. Here’s a quick summary: Tell a story Keep it simple Make it unique Speak to your audience Be timeless […]

Do you know a JPEG from a PNG file or a GIF from a TIFF? Want to know the difference image file formats and when is best to use each? DesignMantic share their guide to different image file formats in this infographic. Here’s what makes their list: JPG PNG GIF TIFF PDF AI PSD Check […]

Are you looking for ways to improve your copywriting skills? Want to create more engaging blog and social media posts? Instructional Solutions share their writing tips in this infographic. Here’s a quick summary: Know your audience How to split your time Make it scannable What to avoid Check out the infographic for more detail. The […]

Are you in the process of redesigning your company website? Want to ensure your new web design project doesn’t negatively affect your business? Synecore share their website redesign checklist in this infographic. Here’s a quick summary: Decide on a goal for your new website Pull analytics for your current website Survey about your current site […]

Are you looking for ways to increase sales on your Ecommerce website? Want to convert more abandoned carts using an email marketing campaign? Email Monks share their guide to abandoned cart emails in this infographic. They break their process down into the following sections: Time & frequency matters Consider free shipping Tempt them with an […]