Debt pounds MTN shares
MTN plunged nearly 8 percent on Wednesday as its high debt and offshore woes rattled the markets, despite the group increasing its subscriber base...
Weak rand could be great for manufactured exports
The rand opened about 0.5 percent weaker on Tuesday, trading near the R13.40 mark before strengthening to R13.28 during intraday trade.
However, it is...
Would you pay R570k for a parking spot in Cape Town?
It's a gripe many motorists who have to park in the Cape Town CBD on a daily basis often have - the exorbitant price...
Bringing global expertise to the SA payments industry
Two years of new local leadership, PayU South Africa is a significant part of the Naspers’ fintech and e-payments division’s success
Karen Nadasen, PayU...
This tiny worm has saved South African companies more than R400 million
Scientists are breeding billions of microscopic worms to kill an invasive wasp in plantations all over the country.
The Sirex wasp is a serious threat...
Land debate haunts rand
The rand heads into this week with a dark cloud of local politics hanging over it as the reaction from the land expropriation decision...
Uber prices skyrocket due to Cape Town taxi strike
Uber prices in Cape Town have reportedly reached new highs on Monday after a strike by the Western Cape minibus taxi drivers got underway.
...
‘Abductions of wealthy businessmen will scare investors’
The rise in kidnappings of wealthy businessmen for ransom could have a negative impact on the economy because future investors could be scared away,...
Raubex puts its weight behind Africa’s connectivity
As one of the few companies in the world with specialised direct laying equipment for installing national backbones of optical fibre cables, Raubex Infra...
Cape Town’s surge in jobs defies drought
Despite a crippling drought, which saw Cape Town come close to running out of water, employment in the city grew nearly 5% over the...
Industry News
Cape Business News (CBN) delivers comprehensive industry news, offering insights into key sectors driving South Africa’s economy. This category highlights significant developments, from emerging market trends and technological innovations to regulatory changes shaping business operations. CBN’s industry news covers manufacturing, mining, energy, agriculture, and more, providing professionals with critical updates to navigate challenges and seize opportunities. With a focus on sustainability, digital transformation, and global competitiveness, CBN keeps industry leaders and stakeholders informed, ensuring they stay ahead in a dynamic business environment.
MUST READ
BMG introduces its new Toolbox on the Move services in the...
BMG introduces its new Toolbox on the Move services in the Eastern Cape
‘Toolbox on the Move’ brings critical components and support right to the...