The Bank of Namibia cut interest rates for a third time in a row and played down the inflationary impact of the nation’s election, in which the ruling party held power by its slimmest margin since 1990.

Brian Thompson, a longtime UnitedHealth Group executive, was fatally shot in midtown Manhattan early Wednesday morning, the New York Police Department said.

Exxaro’s first female CEO has been suspended amid an independent probe into allegations related to workplace conduct and governance practice.

SA’s festive season consumer mood most cheery since 2019 A South African consumer confidence gauge reached its best festive-season level since 2019, before the coronavirus pandemic struck, signaling spending is likely to be sustained as the year closes out.

The UK government is banning daytime TV adverts for sugary foods like granola and muffins in its battle against child obesity, branding such popular items as junk food.

US President Joe Biden will make the case on Wednesday in Angola that the United States must do better rather than more than China to regain influence in Africa.

Mastercard has agreed in principle to pay around £200 million (R4.6 billion) to settle a UK class action lawsuit, according to a person familiar with the matter.

An overview of the biggest business developments in SA and beyond.

Sygnia CEO and co-founder has warned that South Africa should follow India’s lead by staying neutral following Donald Trump’s election victory as she says the US president-elect has little time for Africa.

Shares of JSE-listed Super Group rallied more than 17% on Wednesday after the logistics, fleet management and vehicle dealer announced a R7.5 billion offer for its listed Australian subsidiary.

Ratings agency Moody’s has affirmed South Africa’s sovereign’s long-term foreign and local currency debt ratings at “Ba2”, and has maintained it’s stable outlook on the country.

The news of possible maize imports from the US would perhaps be for easing supplies for the southern African region, writes Wandile Sihlobo.

Exxaro Resources is continuing work to optimise its coal export route to Maputo, as the Transnet rail line to the Richards Bay Coal Terminal remains significantly challenged.