News24 Business | Clicks slips after reporting disappointing sales growth
Shares in Clicks initially fell more than 4% on Tuesday amid weaker-than-expected group turnover and retail sales, even as it grew volumes and continued to gain market share.
Business
Nearly half of toys sold under £15 as parents cut costs
An “unsettled economy” is blamed for falling sales of toys for the third consecutive year.
News24 Business | Nigeria hikes mobile tariffs by up to 50% – half of what MTN sought
Africa’s most populous nation Nigeria has hiked mobile tariffs by up to 50%, with the first increase in over a decade following lobbying efforts from MTN amid currency pressures and elevated inflation.
Heathrow and Gatwick airport could expand under plans
Airports across the UK could expand as part of the government’s drive for economic growth.
News24 Business | Thungela names De Beers exec as its next CEO
Pure-play coal miner Thungela Resources said on Tuesday it has appointed De Beers Managed Operations CEO Moses Madondo as its CEO designate with effect from 1 August.
News24 Business | Brazil drought lights a fire under global coffee prices
Brazil, the world’s largest coffee producer and exporter, experienced its hottest year on record in 2024 and a record number of forest fires.
Private sector pay rises drive up wage growth
Wage growth increased by 5.6% annually in the UK, driven by strong increases in the private sector.
Stock markets move higher after Trump inauguration
The new US president has outlined a pro-business agenda for his second term in the White House.
Panama rejects Trump vow to ‘take back’ Panama Canal
Donald Trump claims China is operating the key US trade route but Panama says it belongs to them.
Rail nationalisation not a silver bullet, says Labour
The Transport Secretary says taking operators into public ownership doesn’t guarantee good service.
News24 Business | SA may exit junk status by 2027, says Godongwana
South Africa may be able to regain an investment-grade credit rating within two years, Finance Minister Enoch Godongwana said.
News24 Business | Business brief | South32 feels some SA pressure; South Korea unveils R5trn in exporter support
An overview of the biggest business developments in SA and beyond.
Cidermaker wins appeal in ‘lookalike’ dispute with Aldi
The Somerset cider-maker wins an appeal after claiming Aldi had copied its packaging and taste.
News24 Business | New laws may bring massive changes for smokers, Reserve Bank
The parliament reconvenes next week to process a host of outstanding legislation that will have a major bearing on business and the economy.
Melania Trump launches her own cryptocurrency
$Melania is announced a day after President-elect Donald Trump launched his own cryptocurrency, $Trump.
Child Trust Funds worth billions unclaimed: ‘I got £955’
Latonya Skye-Paterson discovers she is one of thousands of people with money to claim on turning 18.
Could TikTok ever be banned in the UK too?
Analysts have suggested it is “just matter of time” until the US ban on TikTok spreads.
Fears empty restaurant TikTok trend could last
There are fears that tax and wage rises mean restaurants and bars will be quieter than usual all year.
News24 Business | Decision on halting Ithala’s provisional liquidation delayed after urgent court bid
News24 has learnt that the Pietermaritzburg High Court heard Ithala’s urgent application to challenge its provisional liquidation on Friday, but postponed proceedings until 28 January to give the Prudential Authority time to respond.
News24 Business | Business brief | NinetyOne reports asset boost; iPhone loses its crown in China
An overview of the biggest business developments in SA and beyond.
News24 Business | Garth Theunissen | Ithala shows why a state bank is a very bad idea
The repeated failure of state-owned entities over the last 30 years proves that South Africa’s government has no place running anything more complicated than a bath, writes Garth Theunissen.