Joburg’s coalition puzzle: Three scenarios that could shape its future
‘The DA and ActionSA could have a three-way deal where they sweep up all the cities in Gauteng and lock the ANC out of power,’ says Sam Mkokeli, lead partner at Mkokeli Advisory.
Top Africa multi-nation bourse plans ETFs, futures for growth
The economic bloc has combined gross domestic product of $254bn and a population exceeding 150m in an area with significant agricultural and energy resources.
From Kraaifontein to World Cup glory: The making of Cheslin Kolbe
Municipal elections reshape local power as ANC support slides. Joburg’s coalition clock ticks as Mashaba’s Zille veto raises the stakes. And Black November tests strained budgets.
Shoprite’s Sixty60 online sales soar over 33%
Group reports overall revenue growth for its core SA business of 7%.
Oil extends rebound on uncertainty over Iran war peace progress
Brent for January settlement rose 1.1% to $99.31 a barrel at 7:55 a.m. in London.
Michael Lewis ousted as TFG chair
Increasing shareholder discontent forced this highly unusual timing ….
Valuation, equities and artificial intelligence in SA markets
‘You can actually look a client in the eye and recommend bonds because the returns there are significantly higher than they would have achieved over the last 10 or 15 years … but be careful where you look’ – Independent Securities CIO Simon Fillmore.
Copper moves lower as US election undermines AI and tariff trade
Copper was down 1% at $13 712 a ton on the London Metal Exchange as of 11:50 a.m. in Shanghai.
Hackers paid $15 to drain $2.5bn from Binance in one hit
Once inside, the hackers targeted a “hot wallet” known as Binance 14, which the exchange uses to process customer withdrawals, records on the Etherscan analytics platform show.
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