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Succession: Rupert’s son, Anton, appointed Richemont co-deputy chair

Richemont has appointed Anton Rupert, the 39-year-old son of chairperson Johann Rupert, as the non-executive co-deputy chairperson of the company as …

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Uganda to become world’s newest oil exporter with Pearl Sweet

Uganda is set to become the world’s newest oil exporter, with commercial shipments of its Pearl Sweet grade to start in December and increase to 230 …

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business

SA economy shrinks as Iran war hits hard

The SA economy shrank in the second quarter, with the manufacturing sector in recession and mining also taking a hit. Gross domestic product (GDP) c…

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business

Hormuz traffic dips to lowest since May after US, Iranian strikes on ships

An average ‌of ten commodity ships transited the Strait of Hormuz per day over the past ten days, the lowest since May, ‌according to shipping data o…

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