FINANCE

FINANCE

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

Oil prices edge up after reports of possible US sanctions on Russia, Venezuela blockade

Oil prices rose slightly on Thursday

Gabon plans new housing tax to help tackle rising debt

Gabon is planning to introduce a new housing tax in January

More mega deals coming as chase for scale fuels near record-breaking year for M&A

Dealmakers got what they wanted in 2025: an almost record-breaking year for mergers and acquisitions despite a turbulent spring that threatened hopes of a revival in activity during United States (US) President Donald Trump’s second term

BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit

Oil and gas major BP has appointed Meg O’Neill, the Head of Australia’s Woodside Energy as its next Chief Executive Officer (CEO) to lead its effort to boost profits and refocus on oil and gas after a detour into renewables

Elliott woos other Toyota Industries investors in buyout fight: Reports

Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to push Toyota group to improve its $30 billion bid

Equatorial Guinea joins AFC to boost economic development

Equatorial Guinea has joined the Africa Finance Corporation