Siphelele Dludla

1 week ago | businessreport.co.za | Siphelele Dludla |Ayanda Ndamane

INFLATIONStatistics South Africa (Stats SA) said on Wednesday that inflation was mainly driven by faster price increases for food and non-alcoholic beverages, housing and utilities, and clothing and footwear. Image: Ayanda Ndamane/Independent Newspapers. Consumer prices in South Africa are expected to tick upwards on the back of global pressures and rising oil prices in the wake of escalating war in the Middle East.

1 week ago | businessreport.co.za | Siphelele Dludla |Itumeleng English

EXCLUSIVEFormer Absa board member Sipho Pityana has raised serious concerns regarding the independence of the South African Reserve Bank (Sarb)Image: Itumeleng English/Independent NewspapersFormer Absa board member Sipho Pityana has raised serious concerns regarding the independence of the South African Reserve Bank (Sarb), urging for a formal investigation into what he describes as "cosy relationships" between key figures in the banking sector.

1 week ago | iol.co.za | Siphelele Dludla

EXECUTIVE LEADERSHIP 2minAnglo American plc board members during an AGM in London in April. Anglo American on Wednesday announced a significant restructuring of its executive leadership team. Image: SuppliedAnglo American has announced a significant restructuring of its executive leadership team, a move that underscores its commitment to simplification and strategic focus.

1 week ago | businessreport.co.za | Siphelele Dludla |Simphiwe Mbokazi

EXECUTIVE LEADERSHIPThemba Mkhwanazi has been an integral figure on the Kumba board and a member of both the Human Resources and Remuneration Committee and the Strategy and Investment Committee for the past eight years. Image: Simphiwe Mbokazi/Independent NewspapersKumba Iron Ore has announced that Themba Mkhwanazi will step down as a non-executive director of the board and Anglo American's representative effective 30 June 2025.

1 week ago | businessreport.co.za | Siphelele Dludla

MARKETSThe JSE All Share Index fell 0.7% to 94 695 by 4pm while the rand was weak and traded above the R18.80-mark against the US dollar. Image: SuppliedSouth Africa's markets faced a turbulent day on Tuesday as they traded on the backfoot, grappling with the ongoing hostilities in the Middle East and uncertainty surrounding the US Federal Open Markets Committee’s (FOMC) upcoming decision on interest rates.