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.

MTN rebounds to profit, hikes dividend, plans share buyback

Africa’s biggest telecoms operator MTN Group rebounded to an annual profit

Kenya’s meat exports to Middle East plunge as regional conflict hits trade

Kenya’s meat industry is facing a sharp downturn

Rand gains as softer Dollar offsets reduced Fed cut hopes

Rand strengthened in early trade on Monday

US seeks fresh legal ground to impose tariffs on partners

This comes after the US Supreme Court struck down a key pillar of the administration’s tariff policy in February.

Japan to release oil stocks as US vows to buy American

Japan plans ​to start releasing oil from its stockpiles on Monday to soften the shock from the ‌United States (US)-Israeli war on Iran, a stark reminder of the oil crisis half a century ago that prompted Tokyo to create reserves

Oil poised for further gains as Middle East conflict threatens export facilities

Oil prices could extend gains at Monday’s open as the United States (US)-Israeli war against Iran entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the world’s largest supply disruption