news24.com mixed news headlines

Cosatu urges PIC, other Anglo shareholders to reject BHP bid

South Africas biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group's bid to buy Anglo American. The Congress of South African Trade Unions (Cosatu), whi
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07 May 2024

TotalEnergies faces possible involuntary homicide probe around Moz terror attack

French prosecutors have asked the survivors and families of victims of a 2021 jihadist attack in Mozambique for additional information before deciding whether or not to launch an investigation into their involuntary homicide claims against TotalE
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07 May 2024

Amazon's South African website is officially live

After years of anticipation, Amazon.co.za is officially live. The US-based e-commerce giant launched its online South African store overnight. It is now possible to make purchases from Amazon on the South African store, with pricing in r
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07 May 2024

DA spends R2.7m a month on Facebook, Instagram ads. The ANC and EFF, nothing

The DA spent an estimated R2.7 million on digital advertising on Instagram, Facebook, Google and YouTube last month, while the EFF and ANC didnt spend a cent. Google and Meta are among the big tech platforms that are maintaining up-to-da
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07 May 2024

Shell is ditching its SA downstream business after more than 120 years

Shell has confirmed plans to exit South Africa after more than 120 years of operation. In a statement issued on Monday afternoon, the oil major said it had decided to divest its majority shareholding from a local South African downstream
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06 May 2024

Reserve Bank withdraws permission for BNP Paribas to operate an SA branch

The Prudential Authority (PA), the financial regulator that falls under the auspices of the SA Reserve Bank (SARB), has withdrawn permission for BNP Paribas SA to conduct business by means of a bank branch. Deputy governor of the SARB, F
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06 May 2024

Anglo bid: Chinese miners expected to step in

Chinas leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Groups blockbuster $39 billion approach for rival Anglo American, potentially the largest mining deal in over a decade. The world
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04 May 2024

PRIME price slash: Shoprite switches to local manufacturer

PRIME Hydration, the beverage brand partly owned and endorsed by celebrity YouTubers Logan Paul and KSI, is selling for a mere R10 in Shoprite's Checkers stores, some 75% lower than its initial price point last year. Explaining the huge
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03 May 2024

SA's clothing master plan has created 20 000 jobs and boosted local suppliers, says Patel

SA retailers have confirmed that more than 20 000 jobs were created in the five years since the clothing, textile, footwear and leather industry's Master Plan was launched in 2019, the Department of Trade, Industry and Competition (dtic) says. </
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03 May 2024