Category: BUSINESS
Adidas shares plunge record 19% as World Cup bump falls short – SABC News
Adidas investors punished the German sportswear maker’s profit miss on Thursday, dragging its shares down a record 19% despite the company lifting its annual sales outlook on demand for its
Read MoreFed holds rates steady; three policymakers dissent in favor of a hike – SABC News
The widely expected decision to leave the benchmark interest rate in the 3.50%-3.75% range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a
Read MoreDollar eases as markets await Fed decision – SABC News
The US dollar slipped but remained near a one-month high on Tuesday, as traders weighed the prospect of a Federal Reserve interest-rate hike this week, even as falling oil prices
Read MoreJudgment in suspended PIC CEO’s reinstatement case reserved
Judgment has been reserved in suspended Public Investment Corporation (PIC) CEO, Patrick Dlamini‘s case to be reinstated. The case was heard by Judge Mandla Mbongwe in the Gauteng High Court
Read MoreDepartment says 33 mine fatalities recorded for 2026 – SABC News
The Department of Mineral and Petroleum Resources says it has recorded 33 mine fatalities in 2026 so far. It says Impala Platinum (Implats) contributed over a third of those fatalities.
Read MoreLesufi unveils skills council to tackle unemployment
Gauteng Premier Panyaza Lesufi has officially launched the Gauteng Human Resource Development Council. Lesufi says it will help build a skilled workforce, drive economic growth and create more employment opportunities
Read MoreSanral CEO denies allegations of influencing tenders
The South African National Roads Agency (Sanral) Chief Executive Officer (CEO) Reginald Demana has dismissed allegations linking him to the awarding of multi-billion-rand tenders, including claims involving a contract worth
Read MoreSADC summit focuses on pharma quality control – SABC News
Government leaders, policymakers, business representatives and industry stakeholders from across Southern Africa have gathered at the Durban International Convention Centre for the 9th SADC Industrialisation Week. The five-day summit is
Read MoreAMCU, Implats set for meeting amid ongoing safety halt
The Association of Mineworkers and Construction Union (AMCU) and Impala Platinum (Implats) management are expected to meet at the Royal Bafokeng Stadium in Rustenburg in the North West on Tuesday.
Read MoreArtificial insemination cuts costs for superior cattle breeding – SABC News
Animal health technicians and agricultural experts say artificial insemination offers communal, emerging and commercial farmers a cost-effective way to improve cattle herd genetics without the high cost of purchasing and
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