News24 Business | Suspended Exxaro CEO’s case against the company ruled not urgent
The suspended CEO’s case against the coal miner has been off the urgent roll, with costs.
MONDAY, 07 APRIL 2025, 11:50
The suspended CEO’s case against the coal miner has been off the urgent roll, with costs.
Retail group Pick n Pay reported on Tuesday that it managed to pick up the pace of its sales in recent months, though it continues to discount heavily as it battles for market share.
An overview of the biggest business developments in SA and beyond.
Retail giant Pepkor reported on Monday that it saw first-quarter revenue growth of over 10%, helped by market share gains and rapid adoption of its fintech offerings, including cellular rentals.
SPAR has lost out on its attempts to get the Supreme Court of Appeal to reconsider its decision to allow the retailer to appeal a previous high court decision that it acted in bad faith against the Giannacopoulos Group.
Shares of SA’s biggest mobile operator Vodacom slipped more than 4% on Monday after it reported that a stronger rand offset a stellar performance in Egypt in its third quarter to end December.
Merafe has launched a review of its struggling ferrochrome smelting business in SA and has warned some furnaces may be suspended in May this year should viable solutions not be found.
Mexican President Claudia Sheinbaum on Saturday ordered retaliatory tariffs in response to the US decision to slap 25% tariffs on all goods coming from Mexico, as a trade war broke out between the two neighbours.
Prime Minister Justin Trudeau said Trump’s move left his government with no choice but to respond forcefully. Canada will place 25% counter-tariffs on C$155 billion worth of American-made products, starting Tuesday.
President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25% tariffs on Canadian and Mexican imports and an extra 10% duty on Chinese goods.
We shouldn’t be worried about it, but stay vigilant, writes Wandile Sihlobo.
US President Donald Trump’s apparent disdain for key discussions at Davos is a small taster of what lies ahead for the next four years, writes Khaya Sithole.
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
South Africans could soon find some unique and surprising products at Walmart-owned Massmart’s Game, Makro and Builders stores as the group looks to supercharge its supply chain to enhance its competitive edge locally.
Eskom has confirmed Stage 3 load shedding will be implemented this weekend, starting at 17:00 on Friday evening.
Diamond dealer Louis Liebenberg’s estate has been provisionally sequestrated after a court found he owed millions in gambling debts. His lawyers claimed hidden assets were stashed under trees in the Northern Cape, which the judge dismissed.
An overview of the biggest business developments in SA and beyond.
Shares in Truworths plunged more than 5% on Friday after it warned of a sales slide in its South African operations and flagged a possible fall in headline earnings per share of as much as 8%.
An overview of the biggest business developments in SA and beyond.
The Competition Commission has approved the sale of Nestlé’s iconic Cremora brand to French multinational Lactalis’ SA subsidiary, provided no jobs are lost due to the takeover.
The Reserve Bank’s monetary policy committee cut interest rates by 25 basis points on Thursday.