News

The global shipping industry, the lifeblood of international trade, finds itself navigating uncharted waters in a sea of challenges, creating a perfect storm of uncertainty.

AI Index plunges 15% in a single trading session, marking its steepest decline since its inception.

US President Donald Trump signed an executive order on Thursday imposing tariffs ranging from 10% to 41% on US. imports from dozens of countries and foreign locations.

Rio Tinto reported its smallest first-half underlying profit in five years on Wednesday as iron ore prices remained subdued due to oversupply concerns and soft China demand, offsetting higher earnings from its copper business.

Transnet has failed to deliver reliable freight rail and port services due to equipment shortages and maintenance backlogs after years of under-investment. Its capacity has been further constrained by widespread cable theft and vandalism.

Venture capital deals in South Africa have bucked the trend of a global slowdown in the sector, growing in size and value. In contrast, global deals showed a considerable decline in the first quarter of this year.

Ghana's government will resume domestic bond sales in the second half of this year by reopening existing medium-term issues, the finance minister said

Signal Hill Products, the producer of Devil’s Peak, Striped Horse and Miller Genuine Draft beer brands, is building a R1bn brewery in Midrand that is set to start packing products in August.

The Government Employees Pension Fund has dismissed calls for a pension contribution holiday, with the money instead directed to boosting state coffers.

The Kingdom of Lesotho is engaging the Trump administration, hoping to clinch a last-minute trade deal to avert what would be catastrophic 50% tariffs on its exports to the US, due to go live this coming Friday.

Nestle has launched a review of its underperforming vitamins business that could lead to the divestment of some brands, it said

Richards Bay Coal Terminal is forecasting coal export volumes of 57-million metric tons this year, 2-million more than it anticipated in January.

Economists remain unfazed by the slight uptick in this week’s consumer price inflation print, maintaining there is still room for Reserve Bank governor Lesetja Kganyago to hold, or even cut, the repo rate.

Former employees of Eastern Platinum’s Crocodile River Mine are still waiting for their unclaimed provident fund benefits 10 years after they were retrenched.

New budget guidelines seek to save money by  demanding state departments account for every cent they plan to spend