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FIN 24 – News

– News – Personal finance management tools and advice to help you manage your budget.

, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24 News

Africa’s biggest multilateral lender announced a $1.5billion (R24 billion) fund to boost grain production to help avert potential food shortages stemming from Russia’s war with Ukraine.
Posted: May 20, 2022, 7:07 pm
This will be done to preserve diesel stocks in an attempt to contain the amount of load shedding, Eskom said.
Posted: May 20, 2022, 6:34 pm
Sibanye-Stillwater said it provided striking unions with multiple options in hopes of clinching a wage deal.
Posted: May 20, 2022, 6:31 pm
It took a rate hike of a magnitude not seen in more than six years to put South Africa’s currency back among the emerging-market currency winners.
Posted: May 20, 2022, 6:01 pm
People experience inflation as sustained price increases, and the buying power of their money is eroded. But inflation rates may also be distrusted, writes Jannie Rossouw.
Posted: May 20, 2022, 5:58 pm
Public Enterprises Minister Pravin Gordhan says government will change the shareholder model of its commercial companies, to put them on a more commercial footing. Gordhan also gave a sneak preview of Eskom's financial results.
Posted: May 20, 2022, 5:55 pm
At the current oil price and rand levels, this means petrol may be hiked by more than R3.50 in the first week of June.
Posted: May 20, 2022, 5:44 pm
The climate and environmental justice attorneys say spurious allegations and irresponsible comments aim to intimidate, harass and silence their organisation.
Posted: May 20, 2022, 5:44 pm
Billionaire Elon Musk arrived in Brazil Friday, announcing a project to bring internet access to schools in the Amazon and improve satellite monitoring of the rainforest.
Posted: May 20, 2022, 5:18 pm
Mining companies have been granted another extension to comply with regulations linked to environmental rehabilitation.
Posted: May 20, 2022, 4:31 pm
Finance minister Rishi Sunak and his wife Akshata Murthy were included in a "Rich List" of the 250 wealthiest British residents published by a national newspaper on Friday.
Posted: May 20, 2022, 3:00 pm
South Africans seeking respite from high inflation and looming price increases should consider going vegan, drinking less alcohol and avoiding bread, according to Bank of America.
Posted: May 20, 2022, 2:30 pm
Naspers subsidiary Prosus has announced it is looking for a buyer for its Russian online classifieds business, Avito.
Posted: May 20, 2022, 2:24 pm
The strike at Sibanye-Stillwater gold operations is entering its 12th week. The company this week proposed a 5% profit share to close the gap between the parties
Posted: May 20, 2022, 1:42 pm
Elon Musk is due to arrive in Brazil on Friday to discuss "connectivity and protection of the Amazon" with far-right President Jair Bolsonaro's government, Communications Minister Fábio Faria announced in a tweet.
Posted: May 20, 2022, 1:19 pm
Eskom says a shortage of generation capacity has persisted, and Stage 2 load shedding will be implemented from 17:00 - 22:00 on Friday, Saturday and Sunday evenings.
Posted: May 20, 2022, 11:26 am
The Foschini Group – which also owns @home, American Swiss and various other retail brands – now expects its basic headline profit per share to be 403% to 413% higher for the year to end-March, compared to the previous year.
Posted: May 20, 2022, 11:24 am
Investors who lost billions of rands in Steinhoff's dramatic share price collapse will likely have to wait until 2023 to start receiving settlement payouts.
Posted: May 20, 2022, 11:22 am
David Kan, who passed away on Thursday, founded Mustek in South Africa.
Posted: May 20, 2022, 10:10 am
SA’s competition authority has recommended that Massmart’s sale of Cambridge Food, Rhino and Massfresh to Shoprite for R1.36 billion be approved.
Posted: May 20, 2022, 9:29 am
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