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WEDNESDAY, 18 MARCH 2026, 05:32

Business

SPAR to cut staff

Yesterday at 11:59 AM, via BusinessTech

SPAR has announced a voluntary severance programme following a challenging period for the retailer.

South Africa’s new bank takes a R3 billion hit

Yesterday at 10:00 AM, via BusinessTech

Old Mutual has lowered the carrying value of OM Bank by R3 billion, with the bank’s capital requirements set to be higher than the company initially thought.

South Africans can kiss interest rate cuts goodbye

Yesterday at 09:00 AM, via BusinessTech

Surging oil prices triggered by the Middle East conflict will likely push South African inflation higher and keep policymakers from raising interest rates for months, according to Morgan Stanley.

South Africa chooses sides

Yesterday at 08:50 AM, via BusinessTech

Director-general of the Department of International Relations said South Africa has no reason to cut ties with Iran.

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