Business
Almost R100,000 a day for 14 years – Mike Brown’s insane pay as Nedbank CEO
Mike Brown earned a massive sum of money during his 14 years as Nedbank CEO.
News24 Business | Why chocolate will get even pricier for SA snackers
With the world facing a shortage in the supply of cocoa, South African food companies have said they have started to feel the pinch of rising costs for chocolate production.
Dubai airlines resume full schedule after flooding chaos
Emirates airline has apologised for the disruption, saying its response was far from “perfect”.
App to cut EU border queues won’t be ready in time
An app to ease predicted queues under a new EU border system won’t be ready in time, says Eurostar boss.
Can AI help solve Japan’s labour shortages?
Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.
News24 Business | Business brief | Nedbank’s fleet acquisition gets green light, and Netflix’s ‘chump’ reporting decision
An overview of the biggest business developments in SA and beyond.
Post Office lawyer ‘missed’ key Horizon finding
A top lawyer says he and others missed a finding in 2014 that the software could be accessed remotely.
Shoppers shun department stores as prices rise
Higher prices put off shoppers as sales volumes overall stagnate in March.
Building society and Co-op Bank agree takeover terms
The two lenders agree terms on a takeover deal that could be worth up to £780m.
Markets rocked as US says Israel has struck Iran
Oil and gold prices have jumped, while shares have fallen.
Almost a quarter of kids aged 5-7 have smartphones
The regulator calls the data a “wake up call”, and says parents and industry need to do more.
News24 Business | South Africa to keep anti-dumping duties on chicken imports from US
Trade minister Ebrahim Patel approved a recommendation to maintain anti-dumping duties on frozen bone-in chicken portions originating in or imported from the US.
News24 Business | Transnet ordered to release confidential information to Sasol amid tariff disputes
Transnet must hand over a raft of documents amid a court case it launched against Sasol and TotalEnergies over their short payment of pipeline tariffs.
News24 Business | Business brief | Sun inks deal to mostly exit Nigeria, and Norway’s wealth fund adds R1.9trn
An overview of the biggest business developments in SA and beyond.
News24 Business | SEE | Massive solar venture in Northern Cape: 1 million panels and bigger than 1 500 soccer fields
Spanning 1 500 soccer fields, a world-class hybrid solar PV and battery storage facility developed by Scatec has been unveiled in the Northern Cape.
Victim calls for lawyer removal from Horizon scheme
Former sub-postmaster says a top Post Office lawyer should not be involved in Horizon redress.
Google sacks staff protesting over Israeli contract
Google sacked 28 staff members for taking part in protests against a contract with the Israeli government.
News24 Business | WhatsApp rolls out AI tool in SA – says messages still private (but users must watch what they say)
Meta has started to roll out its WhatsApp generative AI tool to select users in South Africa ahead of a wider launch.