Business

UK’s third-largest steelworks collapses into government control
Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future.

The woman who went from retail sales clerk to running a R260 billion investment giant in South Africa
Fikile Mbhokota has been the CEO of Satrix since 2022, overseeing a massive rise in its assets under management.

Private school giant losing students
Curro is expecting a large decrease in earnings following a massive R74 million impairment.

South Africa named one of the world’s worst countries to drive in
UK-based Compare the Market has named South Africa as one of the worst countries in the world to drive in.

Trump backs down from 250% EU pharma tariff in deal
The US and EU have released details of the new trade deal reducing tariffs between teh two partners.

End of an era for Cell C owner Blue Label
Cell C owner Blue Label Telecoms has received the requisite shareholder approval to change its name, as the company goes through a major restructuring.

International company launching R1.6 billion operation in South Africa
South Africa is set to open its first new underground gold mine in 15 years – an increasingly rare event for a country that was once the world’s largest producer of the precious metal.

South Africa’s best airport is getting a new premium lounge for travellers
South African Airways (SAA) and Discovery have unveiled a newly refurbished domestic departures airport lounge at Cape Town International Airport.

Tesco meal deal price rises 25p to £3.85
The supermarket said its meal deal “remains great value” despite the 25p increase.