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.

Heineken trumpets 2030 plan but investors want results

Heineken has pledged to bolster its revenue and cut costs, but investors in the world’s number two beer maker say tougher steps, including plant closures, may be needed to get its business up to speed.

African mineral emerge as a central supplier

Africa’s diverse mineral resource has seen the continent emerge as a central supplier

Tanzania faces soaring prices, fuel shortages amid post-election unrest  

Prices of essential goods have surged across Tanzania

OPEC+ agrees to small output increase in December

Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased rising fears of a supply glut, but weak factory data in Asia capped the gains

Norway reaches settlement with Airbus-led NH Industries in NH90 helicopter case

Norway said on Monday it had agreed to settle a $3.3 billion claim against Airbus-controlled NH Industries for compensation over f laws and delays in NH90 military helicopters, averting a rare public court trial in European defence

Rand inches higher ahead of manufacturing PMI, car sales data

Rand edged higher in early trade on Monday