R/€ = 16.29 Change: -0.04
R/$ = 14.53 Change: -0.01
Au 1344.31 $/oz Change: 0.15
Pt 802.31 $/oz Change: 5.05


Redefine maintains sustained growth, value creation despite difficult local climate  

By: Tasneem Bulbulia     6th May 2019 JSE-listed Redefine Properties, which increased its distribution for the six months ended February 28 by 4% to 49.2c, maintained a strong platform for sustained growth and value creation despite ongoing economic and political uncertainty. The South Africa-based real estate investment trust holds... 

Long period of backsliding masks genuine promise South Africa still holds

By: Terence Creamer     26th April 2019 It was the best of times, it was the worst of times, it was the age of political inclusion, it was the age of income inequality, it was the epoch of human dignity, it was the epoch of neglect and corruption, it was the season of electricity access, it was the season of load-shedding, it was the... 

SME sector ‘critical’ to growing South Africa’s economy – Pityana  

By: Simone Liedtke     11th April 2019 Business Unity South Africa (Busa) president Sipho Pityana on Thursday said the organisation would convene a Small Business Working Group to obtain the view of small and medium-sized enterprises (SMEs) to further determine the challenges facing the SME sector and seek solutions to those... 

BBC, Busa will work together to help the economy

By: African News Agency      11th April 2019 The Black Business Council and Business Unity South Africa on Wednesday said they were equally concerned about the precarious state of the economy. The organisations said they would seek to work in a more aligned manner when engaging the government on the best way to navigate South Africa out of... 

Sandile Zungu, Sipho Pityana smoke the peace pipe

By: African News Agency      3rd April 2019 Prominent South African black businessmen Sandile Zungu and Sipho Pityana on Wednesday decided to smoke the peace pipe and bury the hatchet following two face-to-face meetings after widely publicised differences between them. Zungu and Pityana are the presidents of the Black Business Council and... 

Small Business Institute to host indaba with a focus on job creation 

By: Marleny Arnoldi     1st April 2019 The Small Business Institute (SBI) will hold its first of two small business indabas at the Bryanston Country Club, on April 11, where three major South African political parties will debate their manifestos. The indaba will be held under the theme “Creating jobs against all odds”, with the... 

AngloGold to comply with South African mining rights directive  

By: Bloomberg     1st April 2019 AngloGold Ashanti is complying with an order from South Africa’s Department of Mineral Resources to amend its mining rights to reflect black economic empowerment, the company’s spokesperson Chris Nthite said. The world’s No. 3. gold producer may have contravened black economic empowerment rules... 

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