FactualSasol's headline earnings per share dropped 34% in the first half of its financial year. A 13% decline in oil prices and a 3% stronger rand combined to cut the rand oil price by 17%.
9 April 2026 · 3 sourcesRead full article
BalancedSouth African motorists face a potential R4-per-litre petrol increase in May as the fuel levy relief expires on 6 May. The US-Iran ceasefire may soften the blow, but diesel could still rise by more than R10.
8 April 2026 · 4 sourcesRead full article
FactualOil prices recorded their biggest single-day drop since the 1991 Gulf War after the US-Iran ceasefire was announced. Global stock markets rallied sharply, with Asian indices gaining up to 6%.
8 April 2026 · 4 sourcesRead full article
FactualEskom has repaid its R38 billion ES26 bond at maturity, the largest single debt obligation in the utility's history. The redemption was funded through a combination of the Debt Relief Act and improved operational performance.
7 April 2026 · 3 sourcesRead full article
FactualThe Johannesburg Stock Exchange lost R3 trillion in market capitalisation in March as the Iran war hammered global sentiment. South African bond yields jumped from 7.5% to 9.2% in six weeks.
7 April 2026 · 3 sourcesRead full article
BalancedSouth Africa's annual betting revenue has grown from R10.6 billion to R52 billion in five years, with online betting generating R44 billion. Archbishop Makgoba wants gambling banned or strictly restricted.
7 April 2026 · 4 sourcesRead full article
FactualTesla missed Wall Street delivery estimates by 7,600 vehicles in the first quarter while building 50,000 more cars than it sold. European deliveries fell 49% year on year.
7 April 2026 · 3 sourcesRead full article
FactualBlue Owl Capital capped $5.4 billion in redemption requests from two private credit funds. Default rates may hit their highest level since the 2008 financial crisis.
5 April 2026 · 4 sourcesRead full article
FactualOracle laid off up to 30,000 employees, roughly 18% of its workforce, with no prior warning. The cuts free up billions to fund AI data centre expansion.
5 April 2026 · 4 sourcesRead full article
BalancedThe US added 178,000 jobs in March, tripling forecasts. The strong report effectively rules out Federal Reserve rate cuts for the rest of 2026.
5 April 2026 · 4 sourcesRead full article
BalancedMcCormick and Unilever will merge their food businesses into a $20 billion-a-year group. Both stocks fell on the announcement as investors weighed integration risks.
4 April 2026 · 4 sourcesRead full article
FactualBrent crude hit $109 as Iran's closure of the Strait of Hormuz enters its sixth week. US petrol prices have risen 30% since the conflict began.
4 April 2026 · 4 sourcesRead full article
BalancedA new executive order sets 100% tariffs on imported patented pharmaceuticals. Drugmakers that match their lowest global prices and build US factories can qualify for exemptions.
4 April 2026 · 4 sourcesRead full article