bus

News24 Business | With 3 000 apartments a year, and 28 estates to go, Balwin has no plans of slowing down

After handing over almost 3 000 apartments to their owners, residential estates developer, Balwin's revenues surpassed R3 billion for the first time in the company's 26-year history.




bus

News24 Business | Home rentals bounce back: See where in SA tenants pay the most (and the least)

Residential rental growth has reached its best levels since the pandemic started, a new report shows.




bus

News24 Business | It will take years to restore the health of Sandton offices - Growthpoint SA CEO

Growthpoint Properties says it will take years and a faster growing economy for Sandton office buildings to go back to how they were before Covid-19.




bus

News24 Business | Should you rent or buy a home right now? Experts weigh in

While interest rates have been seen painful hikes, they remain below pandemic levels, and property demand looks in relatively good shape. But one property expert warned against buying a home now.




bus

News24 Business | SA's priciest rentals: Here's what you'll get if you cough up R300k per month

A survey shows a mansion in Constantia, Cape Town can fetch R290 000 per month, while on the Garden Route, one can pay up to R55 000 per day for short-term holiday rentals.




bus

News24 Business | PICS | Looking to rent? Here's what you'll get for R20 000 a month, and where

The rental market is recovering, including in higher rental brackets. and estate agents reveal what you can get for R20 000 a month.




bus

News24 Business | Yes, it's more expensive to rent – but increases are still below inflation

There was positive rental growth in all provinces despite tenants feeling the pinch due to challenging economic conditions, according to the latest Payprop Rental Index.




bus

News24 Business | Say hi to 'Sandton 2.0', as swanky suburb beefs up security with artificial intelligence

While some were writing Sandton's obituary during the height of the Covid-19 pandemic, when the work-from-home phenomenon became the norm, others - like its property owners and businesses - were planning its revival.




bus

News24 Business | Troubled China Evergrande pledges to repay debts in 2023

China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring following Beijing's crackdown on excessive borrowing and rampant speculation in the real estate sector.




bus

News24 Business | Buyers from Gauteng, Europe snapping up trophy homes in Cape Town

About 80% of trophy home sales in Cape Town were along the Atlantic Seaboard, especially in Camps Bay, Clifton, Bantry Bay, Fresnaye and at the Waterfront.




bus

News24 Business | Lindt melted own 'excellence' claim in US lawsuit: reports

In a bid to dodge a US lawsuit, Swiss chocolatier Lindt & Sprungli has scuppered its own claims about the excellence of its products — a cornerstone of its marketing strategy.




bus

News24 Business | Transnet scrambles with equipment delivery as peak fruit exports loom

Transnet has said essential equipment, including rubber-tyred gantries and ship-to-shore cranes, will only arrive by the next peak fruit export season at the Cape Town Port.




bus

News24 Business | 200 electric Ubers coming to SA next year, starting in Joburg

Uber will bring 200 BYD electric vehicles onto its platform in South Africa, starting with a pilot in Johannesburg in 2025.




bus

News24 Business | Exec pay: Shoprite forced to engage unhappy shareholders

Investors holding more than a quarter of Shoprite shares opposed its executive pay, requiring SA's largest retailer to address dissenting shareholders' concerns.




bus

News24 Business | 'Food inflation has all but disappeared': Bidcorp flags record trading, 'excellent' SA result

Shares of Bidcorp, the food services giant founded by Brian Joffe, jumped almost 5% on Tuesday after it reported a record revenue performance for the four months to end October, including an "excellent" result from SA.




bus

News24 Business | FlySafair to interdict ruling that threatens international flights

FlySafair has filed an urgent application to interdict a ruling that threatens its international operations after it was found that the airline's shareholding structure violates foreign ownership regulations.




bus

News24 Business | Filipino giant says Maersk unit holds SA 'hostage', will appeal Durban port interdict

ICTSI said it will use all legal channels to make sure that a Maersk subsidiary, "is not successful in holding the Durban port, and indeed the South African economy hostage to their interests".




bus

News24 Business | Blue Ribbon owner Premier reports earnings jump but maize prices still a concern

Blue Ribbon and Snowflake owner Premier's interim earnings rose by almost a third on Tuesday as the group benefited from a focus on margin management, cost savings and continued investment in its assets.




bus

News24 Business | Lottoland wins round in battle against Google in South Africa

The Competition Tribunal issued an interim order that should allow online betting platform Lottoland access to Google Ads.




bus

News24 Business | SA arm of Ivor Ichikowitz's Paramount defence group files for business rescue

The South African operations of defence and aerospace company Paramount filed for business rescue amid a dispute with a drone manufacturer from the United Arab Emirates.




bus

News24 Business | MultiChoice sheds 1.8m DStv subscribers, loss doubles to R1.85bn

DStv and Showmax operator MultiChoice reported it shed over a tenth of its pay-TV subscriber base in its six months to end September, when its loss also doubled after it was battered by currency headwinds as well as its spend on streaming.




bus

News24 Business | Motsepe's SOLA Group wins first round in Renergen rights battle

An application to suspend development of the solar farm has been rejected, but another seeking more permanent relief is yet to be decided on.




bus

News24 Business | Deepfake drama's latest twist: Watchdog probes claims that agents have been lying about licence

SA's financial regulator is investigating allegations that agents of online brokerage Banxso, whose licence has been suspended, contacted clients claiming it has been "cleared".




bus

News24 Business | US investment banking giant caught out by weak rand

It took less than a week for one of Citigroup's recommended Trump trades to sink under water.




bus

News24 Business | Business brief | Mantengu digs up a profit; Shell prevails in landmark climate ruling

An overview of the biggest business developments in SA and beyond.




bus

News24 Business | Elon Musk is making a habit of joining Trump’s calls with leaders

Elon Musk surfaced once more in a round of phone calls US President-elect Donald Trump is making with world leaders, driving home the billionaire's outsized influence in the next administration.




bus

News24 Business | Court orders Nulaid owner Quantum to reinstate director it removed in boardroom war

Nulaid owner Quantum Foods has been ordered to reinstate a nonexecutive director it removed after requesting to see the legal advice it relied on in refusing a shareholders' meeting request for board changes.




bus

News24 Business | Growth-hungry Premier says it would even consider snapping up RCL, Libstar

Blue Ribbon and Snowflake owner Premier Foods is on the prowl for acquisitions, including the likes of JSE-listed food producers like Remgro-controlled RCL Foods, Libstar and RFG, if they ever become available.




bus

News24 Business | Trump names Elon Musk to role leading government efficiency drive

US President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected.




bus

News24 Business | GEPF says its annual investment return is 'satisfactory' - but write-offs climb

The Government Employees' Pension Fund delivered a return of 4.9% on investments for its members in the year to end-March.




bus

News24 Business | PODCAST | SA Money Report: Navigating racial discrimination and SA's property game

In this week's episode of SA Money Report we examine how racial discrimination impacts the property market and interrupts economic growth.




bus

News24 Business | PODCAST | SA Money Report: Working through your 4 stages of load shedding grief

In this week's episode of SA Money Report, we delve into Eskom's latest plunge into darkness.




bus

News24 Business | PODCAST | SA Money Report: Getting cargo off our roads and onto Transnet’s vast rail network

In this week's episode of SA Money Report, we explore government's plans to allow private operators to use Transnet’s rail network, which is expected to instantly move some 58 million tons of cargo off South Africa’s battered roads.




bus

News24 Business | PODCAST | SA Money Report: We see what Shell sells with its blasts on the sea floor

In this week's episode of SA Money Report, Fin24s sustainability expert Lameez Omarjee provides a seismic blast of information, helping us to understand what's Shell's plans are for waters off the Eastern Cape, and why people are so furious about it.




bus

News24 Business | PODCAST | SA Money Report: The curious case of the Public Protector's renewable energy probe

In this week's episode of SA Money Report, Fin24 investigative reporter Jan Cronje delves into Public Protector Busisiwe Mkhwebane's curious investigation of the country's push for more renewable energy.




bus

News24 Business | PODCAST | SA Money Report: The oil mother lode and the battle off SA's shores

This week, SA Money Report drills down into the 'game changing' oil find off the coast of Namibia, and how this factors into the recent court battles over seismic blasting on the SA West Coast.




bus

News24 Business | PODCAST | SA Money Report: Steinhoff fires salvo with Markus Jooste’s ‘mastermind’ emails

This week, SA Money Report unpacks how a series of emails by former Steinhoff CEO Markus Jooste is an integral part of proving a case against one of his allies in the UK




bus

News24 Business | PODCAST | SA Money Report: The Putin crony, the Naspers money and tensions in Mother Russia

This week, SA Money Report journeys in the heart of war, and comes back with a tale about Naspers' exposure in Russia, and its ties to VKontakte, whose 38-year-old CEO Vladimir Kiriyenko was sanctioned by the US.




bus

News24 Business | PODCAST | SA Money Report: A new CEO today, transformation tomorrow. Is Absa keeping it together?

This week, SA Money Report focuses on the controversy around the appointment of Arrie Rautenbach as Absa CEO.




bus

News24 Business | PODCAST | SA Money Report: Cash problems leave Comair’s future up in the air and its planes grounded

This week Carin Smith explains why Kulula.com operator Comair grounded its planes, and what it will take to get them back in the air.




bus

News24 Business | PODCAST | SA Money Report: Labour pains and the birth of all-out Numsa war

This week, SA Money Report delves into the power moves, backstabbing and court cases facing Numsa ahead of its crucial elective conference.




bus

News24 Business | PODCAST | SA Money Report: Why retirement is going 2 pot, and what it means for your money

This week SA Money Report discusses the new proposals to change the country's retirement system, and how you might be able to access some of your funds.




bus

News24 Business | PODCAST | SA Money Report: Untangling 'blackmail' and vindication at the AG's office

This week SA Money Report discusses how well-respected Auditor-General Tsakani Maluleke recently faced a barrage of allegations from an employee who also allegedly attempted to blackmail her, and how she ended up being vindicated.




bus

News24 Business | PODCAST | SA Money Report: Probing why eThekwini's taking the nuclear option in Eskom divorce plan

This week SA Money Report tries to understand eThekwini's surprising plan for nuclear power, and whether the ANC's RET faction has a hand in things.




bus

News24 Business | PODCAST | SA Money Report: How deep do Markus Jooste's attachment issues go?

In a very special Steinhoff edition of SA Money Report, we examine the SA Reserve Bank’s recent surprise moves against former CEO Markus Jooste.




bus

News24 Business | WATCH | 'Every man for himself': Why this farmer says there's a need for mental health help

Bayanda Maseko lost 2 000 chickens and more than R100 000 he invested in his farm in 2022, all because of load shedding.




bus

News24 Business | Siza longer version

After a year long battle by business and organised labour CEO of Transnet Freight Rail Siza Mzimela has resigned




bus

News24 Business | Discovery data shows over R3.2 billion paid for cancer treatment in 2023

Discovery Health Medical Scheme's (DHMS) 2023 cancer claims payouts were almost 19% higher than the previous year though the scheme says screening rates in South Africa have mostly returned to pre-pandemic levels.




bus

News24 Business | Nick Hedley | Energy transition stats show SA is now way behind the rest of the world

The pace of the energy transition has accelerated exponentially in recent years and South Africa has failed to keep pace. But there is hope with legislative changes paving the way for a more competitive electricity market, says Nick Hedley.




bus

By bus, bicycle or boat: OMers make Bengali New Testament #1 bestseller

Massive distribution efforts by OM teams in Bangladesh over more than 10 years sowed gospel seeds and made the Bengali New Testament a #1 best seller.