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business

Rand gains with SA rate cut, weak dollar lifts sentiment

The rand strengthened Thursday, as sentiment was boosted by the dollar’s pullback and South Africa’s first interest-rate cut in four years. The curr…

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business

Gold strikes fresh record high, but rand cools after strong run

The price of gold rose to a fresh record high of more than $2 609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the pre…

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business

PIC-owned Daybreak Farms gets R250m loan

South Africa’s Public Investment Corporation (PIC), the continent’s biggest fund manager, has backed Daybreak Foods with a R250 million loan to boost…

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business

Top Treasury, Operation Vulindlela official quits

Treasury said its "pool of skilled and competent officials" is sufficient to ensure that the work of the unit responsible for economic-growth enhanci…

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