UK must rebuild post-Brexit relations with EU, says Bank boss
Governor Andrew Bailey delivers his strongest comments yet on the UK’s departure from the EU.
Business
News24 Business | Saudi group, Barloworld in takeover talks
Barloworld is in talks with a group of investors that includes a unit of Saudi Arabia’s Zahid Group about the acquisition of the African distributor of Caterpillar equipment.
Europe’s flying taxi dreams falter as cash runs short
Makers of a new generation of European electric aircraft are struggling to raise money.
News24 Business | Business brief | UK’s Assura to get a secondary JSE listing; Bolt hits €2bn in revenue
An overview of the biggest business developments in SA and beyond.
News24 Business | Sanlam lifts as it flags solid growth, jump in client inflows
Sanlam says its robust performance in the first nine months of 2024, which saw net operational earnings grow 17%, gives it optimism for the remainder of 2024.
Meta fined €798m over ‘unfair’ Facebook Marketplace
The European Union says the tech giant crowded out rivals, breaching competition law.
News24 Business | MTN, Huawei launch 5.5G trial – 10 times faster than regular 5G
MTN has said it has successfully launched a trial for SA’s first 5.5G network, which is ten times faster than the normal 5G network.
News24 Business | Goldi, County Fair owner Astral names veteran insider as its new CEO
Astral Foods has appointed Gary Arnold as its new CEO effective from 1 February.
News24 Business | Metair’s AutoZone acquisition gets antitrust watchdog nod
The Competition Commission has recommended that the Competition Tribunal approve Metair’s acquisition of distressed retailer AutoZone, levying conditions that include a moratorium on retrenchments for three years.
What is Rachel Reeves’ plan for pension funds?
The chancellor says she wants to “fire up the UK’s economy” with a “Canadian-style” pensions model.
News24 Business | Competition Commission approves Grindrod’s Matola terminal acquisition
The Competition Commission said on Thursday it has recommended that the Tribunal approve, without conditions, the acquisition by Grindrod Mauritius of Terminal de Carvão da Matola.
News24 Business | Gold Fields now sees full-year production at the lower end of guidance
Precious metals miner Gold Fields reported a 12% production bump for its third quarter on Wednesday, but said it is now expecting full-year output to be at the lower end of guidance.
Baby milk prices ‘punish those who don’t breastfeed’
Parents say they feel penalised by the high cost of formula, which cannot be discounted under the law.
Why Canada could become the next nuclear energy ‘superpower’
With its rich resources, uranium mining companies want Canada to play a key role in fuelling nuclear reactors worldwide.
News24 Business | Business brief | Southern Sun sees earnings rise; China boosts its property market
An overview of the biggest business developments in SA and beyond.
News24 Business | Carbon tax: Eskom to receive ‘price neutrality’ in phase 2
Treasury has published a discussion document on phase 2 of the carbon tax, which kicks in 1 January 2026
News24 Business | Emira still avoiding new SA deals as it eyes massive Polish payday
Emira Property Fund’s partnership with Poland-focused DL Invest Group includes redemption clauses that could yield it up to R4.2 billion in five years, more than 70% of Emira’s current market value on the JSE.
Homebase collapses with 2,000 jobs at risk
Homebase goes bust, but The Range buys up to 70 stores and the brand.