Coinbase to cut 14% of workforce
Citing volatile markets and AI.
Transnet secures R5.86bn French loan in decarbonisation drive
The climate loan forms part of France’s contribution to South Africa’s Just Energy Transition Partnership.
Vodacom share price jumps on bullish update
Group expects sharp earnings jump.
Third time’s a crisis: NSFAS collapse forces intervention
Health minister speaks on cruise ship virus threat. NSFAS breakdown puts access to higher education at risk. And Club Med one step from launch after key approval.
The complex forces driving 2026’s financial markets
Reza Hendrickse from PPS Investments says one ‘would think that this is a good time to be holding more EMs than maybe you have been holding in the last couple of years'.
Ships cluster further from Hormuz Strait as Iran widens grip
Dubai falls just outside the new Hormuz control area defined by Tehran, which extends south from the strait to Umm al-Quwain, along the United Arab Emirates coast and inside the gulf.
Glencore zinc plant in Kazakhstan suffers deadly blast, fire
A dust-collection unit at the Kazzinc facility exploded, triggering a blaze and causing one building to partially collapse, the Emergency Situations Ministry said in a statement on Tuesday.
Heidelberg weighs bid to acquire South African cement firm PPC
PPC, valued at R9.4bn, operates mainly in Zimbabwe, Botswana, and South Africa.
Oil steadies after clashes around Hormuz strain fragile truce
Brent for July delivery fell 0.9% to $113.37 a barrel at 8:23 a.m. in London.
Eskom, South32 in talks over long-term power solution for Hillside smelter
South32 and Eskom are determined that Hillside should avoid the fate of Mozal, which was wound down in March this year after failing to agree on a new long-term electricity tariff.