Operating profit soars to R5.5bn, while paying R9.6bn in claims

Africa’s largest private rail operator Traxtion Group is getting ready to make a further R2.4bn investment in South Africa’s rail industry.

African Bank says it welcomes the rising competition for a piece of the SME lending market, as both new entrants and traditional banks move to claim a larger share of the fast-growing sector.

Harmony Gold Mining Company, South Africa’s biggest gold producer, has approved the development of the Eva Copper Project in Queensland, Australia, for up to R30bn ($.175bn).

Expansion as part of a midmarket strategy 'comes natural' to the UK-SA group

FNB launches Globba, a cross-border payment product in partnership with Mastercard

Port of Gauteng developer Francois Nortjé says the expiry of the 30-year N3 concession in 2029 will pave the way to restructure highway tolls so that the rail corridor gets a cut of the money, which would improve freight efficiency.

Sanlam hits insurance gold in India, but expects even bigger things from the world’s fastest-growing economy

South Africa’s chrome exporters have described the government’s proposed 25% tax on chrome exports to protect the local ferrochrome industry as “madness”.

Exporters of raw material slam proposal that would assist local ferrochrome producers as ‘a costly mistake’