News24 Business | Five Roses owner AVI slides as it warns of bleak SA consumer outlook
Shares in consumer goods group AVI fell nearly 4% on Monday as the group flagged supply chain challenges in its fashion business and a weak consumer environment.
SATURDAY, 13 DECEMBER 2025, 10:40
Shares in consumer goods group AVI fell nearly 4% on Monday as the group flagged supply chain challenges in its fashion business and a weak consumer environment.
SA’s biggest paper and plastics packaging group and recycler, Mpact, has reported a slide in profits as local economic conditions kept a lid on prices in 2024. But the group said it is seeing a promising outlook for SA fruit exports, and along with an anticipated boost from operational investments, it opted to keep its final dividend steady.
Scientists aboard the SA Agulhas II have been tracking ocean health, showing alarming results related to accelerating climate change.
Two rhinos munch serenely on grass as the sun rises over Mount Kenya, oblivious to the massive global endeavour to prevent them being the last of their kind.
Discovvery’s share price gained after the insurance group said in a trading statement on Wednesday that it expects normalised profit from operations to increase by between 25% and 30% for the six months ended 31 December 2024.
US President Donald Trump said on Monday he wanted Ukraine to supply the country with rare earths in return for financially supporting Kyiv’s war effort against Russia.
While Trump’s anti-net zero policies will delay the process of the transition, they will however not derail the green transition ambitions across world economies, write Robert Lewenson and Tana Mongwe.
A Nelson Mandela University researcher discovered that one of the compounds found in a mushroom inhibits the growth of the bacteria that causes TB.
It has been nearly 20 years since the adoption of the National Credit Act – with some progress, huge challenges, and little commitment, writes Gabriel Davel.
Rising global temperatures pose a serious threat to the health of pregnant women and babies, say Wits researchers.
Mid-tier gold miner Pan African Resources on Wednesday while a forward sales agreement and lower sales weighed on its half-year profits it’s still eyeing significant boosts in coming months and may even start paying an interim dividend.
Scientists have been looking at the extent to which a shift to cleaner, lower-sulphur shipping fuels in 2020 may have fuelled warming by reducing the amount of particles in the atmosphere that reflect heat back into space.
SA’s biggest steelmaker ArcelorMittal has denied that a R1-billion bailout from the government is in the works to save its loss-making long steel business.
Industrial group Barloworld’s third largest shareholder says it continues to reject a buyout offer for SA’s exclusive Caterpillar dealer as too low.
Ramaphosa plans structural reform for local government and for the water sector in an effort to lift constraints on the economy.
SA’s communications regulator doesn’t intend to allow international satellite operators to sidestep BEE rules in the communications industry through its proposed new licensing framework – much to AfriForum’s dismay.
President Cyril Ramaphosa announced that the transformation fund will use R100 billion over five years to support black-owned and small businesses.
An overview of the biggest business developments in SA and beyond.
The suspended CEO has resigned after having received a charge sheet containing “damaging” and “defamatory” accusations.
US Secretary of State Marco Rubio said on Wednesday he would skip Group of 20 talks this month, accusing the SA government of having an “anti-American” agenda.
Nasdaq- and JSE-listed Lesaka Technologies reported its preferred profit measure rose over a quarter and beat its expectations in its second quarter to end December, helped by performance jumps in both its merchant and consumer divisions.