MoneyWeb – South Africa Business News

MoneyWeb – South Africa Business News

South Africa – Business, Financial and Investment news and tools

Moneyweb Holdings is an independent financial media group listed on the JSE. The company’s flagship internet brand is, South Africa’s premier online source of investment information. is one of the top three financial publications in South Africa.

Moneyweb also publishes the only digital daily newspaper in South Africa: Moneyweb Today. The newspaper was launched in April 2014 and is growing quickly.

SA extends drought state of disaster by a month

Parts of South Africa’s central livestock farming area are in the grip of the worst drought on record.

Live: Minister Mthembu shares outcomes of Cabinet meeting

Briefing expected to start at 16:00.

Africa’s junk bonds among hottest investments with big yields

Gabon and Nigeria posted returns of more than 30% this quarter, while Ghana, South Africa and Egypt are deep into double digits.

AngloGold Ashanti’s Mponeng mine restarts slowly after Covid-19 closure

'Our aim is a gradual ramp up to 50% capacity,' AngloGold Ashanti spokesman Stewart Bailey said in an emailed statement.

FirstRand warns of over 20% profit fall

Due to a spike in bad debts and falling revenues.

JSE eases restrictions on issuing shares for cash

Unclear what oversight measures there will be to ensure there's no abuse of the rule change.

What South Africans can expect in the post-pandemic economy

R500bn in unbudgeted expenditure will need to be financed somehow.

Farmers turn to commercial banks as Land Bank stalls

Trouble at state-owned lender deals another blow for SA's farming sector.

SA airlines look to restart operations, see slow recovery

Industry could take three years to recover from pandemic.

Could salary cuts be the better devil instead of retrenchments?

It took SA five years to recover from the 2008 recession and the country can’t afford another million job losses.

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