news24.com business news headlines

This is what BHP faces across the world before it could buy Anglo

BHPs audacious approach for Anglo American stands to reshape the global mining industry if it succeeds as planned, and antitrust authorities from China to South Africa and Japan are likely to play as important a role as shareholders in determining th
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03 May 2024

iPhone sales plunge amid growing competition from Huawei, Xiaomi

For more financial news, go to the News24 Business front page . Apples revenue has dipped for a fifth consecutive quarter, driven by the steepest decline in iPhone sales since the early days of the Covi
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03 May 2024

Glencore weighs making a bid for Anglo American - report

Glencore is evaluating a potential bid for Anglo American, a move that could set up a takeover battle with BHP Group for the mining company, Reuters reported, citing people it didnt identify. Glencore has had internal preliminary discussions
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03 May 2024

Patrice Motsepe-backed solar rental company GoSolr plans R10bn SA expansion

GoSolr , a company backed by South African billionaire Patrice Motsepe and the continents biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes in the nation plagued by blackouts. The two-
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02 May 2024

Patrice Motsepe-backed solar rental company GoSolr plans R10bn SA expansion

GoSolr , a company backed by South African billionaire Patrice Motsepe and the continents biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes in the nation plagued by blackouts. The two-
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02 May 2024

Shein now wants to sell Colgate toothpaste and well-known toys, too

Online fast-fashion retailer Shein is courting brands like toothpaste conglomerate Colgate-Palmolive and toymaker Hasbro as it tries to sell more household names on its platform. Known for cheap own-brand clothing and accessories, Shein is mo
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01 May 2024

Tributes pour in for 'trailblazer' Dr Sam Motsuenyane

Tributes have poured in for legendary businessman Dr Sam Motsuenyane, with President Cyril Ramaphosa calling him an 'outstanding patriot' who had a profound and ongoing impact on South Africa. Motsuenyane died on 29 April at the age of 9
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30 Apr 2024

Court blocks Upington slot machine license for being too close to a school

A Northern Cape court has blocked a gambling licence for slot machines due to the distance from a local high school. A resort in Upington took Crazy Slots and the gambling board to court on the rounds that the proposed slot machines would be
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30 Apr 2024

Volkswagen, Mercedes sales, profit under pressure

For more financial news, go to the News24 Business front page . Two German auto giants - Volkswagen and Mercedes-Benz - posted declining profits on Tuesday, with sales under pressure. Volkswage
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30 Apr 2024