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.

Nigeria splits OPL 245 oilfield into four blocks under deal with Eni, Shell

Nigeria splits OPL 245 oilfield into four blocks under deal with Eni, Shell

Attacks on Iran will impact on SA’s economy negatively: Economist

This was preceded by a series of rate cuts in 2024 and 2025.

Rand sinks as Middle East conflict adds to economic uncertainty

SA Rand weakened in early trade on Monday

Vodafone teams up with Amazon’s satellites to connect masts in Europe, Africa

Mobile company Vodafone

SA cuts electricity tariffs for struggling ferrochrome firms

Eskom on Friday announced a further 29% reduction in electricity prices for two distressed ferrochrome firms

Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea

Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion Won ($6.26 billion) to build an AI data centre, a robot manufacturing factory and other developments in the country’s western coastal region, the Land Ministry said