Business Report

@busrep

Business Report is SA's largest financial newspaper. https://www.facebook.com/busrep | http://www.businessreport.co.za

Johannesburg, South Africa

Joined October 2009

37KFollowing

104KFollowers

Pinned

Business Report@busrep · Jul 25

When news broke that hosting a Formula 1 Grand Prix in SA could cost as much as R2bn, headlines focused on the bill. businessreport.co.za/opinion/2025-0…

busrep's tweet card. When news broke that hosting a Formula 1 Grand Prix in South Africa could cost R2 billion, critics warned of wasteful spending. Yet, this investment could create 20,000 jobs and generate significant...

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Business Report@busrep · Jul 25

SA’s red meat industry is a cornerstone of the rural economy, particularly for emerging and communal livestock farmers. businessreport.co.za/opinion/2025-0…

busrep's tweet card. Explore how foot and mouth disease threatens South Africa's red meat industry and the urgent need for effective prevention strategies

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Business Report@busrep · Jul 25

SA continued to work tirelessly discussing with its counterparts in the US to keep the trade route open and having submitted the Framework Deal in May, SA signed a condition precedent document with the office of the US Trade Representative businessreport.co.za/economy/2025-0…

busrep's tweet card. South Africa is actively engaging with the US to secure a vital trade deal, having submitted the Framework Deal in May and signed a key document with the US Trade Representative. Minister Parks Tau...

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Business Report@busrep · Jul 25

The Sarb’s seven-year probe into now defunct Steinhoff’s alleged breach of Exchange Control Regulations has finally been concluded with an agreement that what is now Ibex Group will no longer try recoup a previously forfeited R6.3 billion. businessreport.co.za/economy/2025-0…

busrep's tweet card. In a statement released on Thursday, the central bank said that it and Ibex Group had resolved all the disputes between the two parties in a “comprehensive settlement”.

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Business Report@busrep · Jul 25

South Africa has inked a 15-year, $474.6 million (around R8.4 billion) loan agreement with the African Development Bank (AfDB) in a bid to bolster its energy transition efforts, the National Treasury announced on Thursday. businessreport.co.za/energy/2025-07…

busrep's tweet card. In a remarkable stride towards a sustainable future, South Africa has secured a major loan from the AfDB to propel its energy transition efforts, signalling a commitment to an inclusive and greener...

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Business Report@busrep · Jul 25

BMW Group South Africa has reaffirmed its long-term confidence in South Africa as a key manufacturing hub and a partner in national development amidst the looming 30% export tariffs by the country’s second largest trading partner, the United States. businessreport.co.za/economy/2025-0…

busrep's tweet card. Amidst export tariffs from the US, BMW Group South Africa has reaffirmed its commitment to local manufacturing, heading towards record production volumes while investing in electrification and...

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Business Report@busrep · Jul 25

Hyprop Investments has withdrawn its bid for JSE-listed MAS because the central and eastern Europe property group, along with its major shareholder PK Investments, has refused to provide documents about a disputed development joint venture (DJV) agreement. businessreport.co.za/companies/2025…

busrep's tweet card. Hyprop Investments has withdrawn its bid for JSE-listed MAS due to a lack of transparency from major shareholder PK Investments regarding a disputed joint venture agreement, raising concerns among...

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Business Report@busrep · Jul 25

The Government Employees Pension Fund (GEPF) has has sounded the alarm on potential reputational risks stemming from serious allegations of maladministration and financial mismanagement at the Government Pensions Administration Agency (GPAA). businessreport.co.za/economy/2025-0…

busrep's tweet card. Unfolding allegations of financial malpractice at the GPAA have raised significant concerns over the stewardship of South Africa's largest pension fund, prompting a critical examination of governance...

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Business Report@busrep · Jul 25

Today's edition of Business Report is ready for you to read, make sure you get yourself a copy! You can also catch up on the latest business news throughout the day by visiting our website: businessreport.co.za

busrep's tweet image. Today's edition of Business Report is ready for you to read, make sure you get yourself a copy! You can also catch up on the latest business news throughout the day by visiting our website: businessreport.co.za

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Business Report@busrep · Jul 24

SA continued to work tirelessly discussing with its counterparts in the US to keep the trade route open and having submitted the Framework Deal in May, SA has signed a condition precedent document with the office of the US Trade Representative. businessreport.co.za/economy/2025-0…

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Business Report@busrep · Jul 24

For 19-year-old Bayanda Walaza, the road to global sprinting stardom did not begin on manicured tracks or in elite sports academies. It began in a modest backyard shack in Katlehong, Ekurhuleni, and almost ended before it truly began. businessreport.co.za/careers/2025-0…

busrep's tweet card. South Africa’s Bayanda Walaza Went from Struggling Student to Sprinting Star.

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Business Report@busrep · Jul 24

Entrepreneurs marked the day by actively contributing to economic upliftment and community development. businessreport.co.za/entrepreneurs/…

busrep's tweet card. On Mandela Day, local entrepreneurs in South Africa went beyond symbolic gestures, actively uplifting their communities through innovative initiatives. Discover how these grassroots efforts are...

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Business Report@busrep · Jul 24

Anglo American saw generally lower production of its metals and minerals in the second quarter as it advances the sale of the diamond group De Beers as part of a substantial portfolio simplification strategy. businessreport.co.za/companies/2025…

busrep's tweet card. Anglo American's second-quarter production report reveals a significant decline in diamond and copper outputs as the company progresses with its strategic sale of De Beers, while focusing on iron ore...

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Business Report@busrep · Jul 24

In a significant move towards financial inclusivity, leading crypto platform Luno has announced the launch of international tokenised stocks and exchange-traded funds (ETFs) that will be available for investment from early August 2025. businessreport.co.za/companies/2025…

busrep's tweet card. Luno is reshaping the investment landscape for South Africans by launching tokenised blue-chip US stocks, enabling affordable and hassle-free access to global markets. Discover how this innovation...

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Business Report@busrep · Jul 24

Kumba Iron Ore’s operational performance continues to improve, and it has made progress on the ultra-high-dense-media separation (UHDMS) project to increase the premium proportion of production and enhance margins. businessreport.co.za/companies/2025…

busrep's tweet card. Kumba Iron Ore has reported stable production figures and increased sales for the first half of 2024, despite facing challenges in the global iron ore market. The company maintains its production...

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Business Report@busrep · Jul 24

The Competition Tribunal of South Africa has approved the R35 billion acquisition of the MultiChoice Group (MCG) by French media giant CANAL+. effectively consolidating two of Africa's biggest television and media groups. businessreport.co.za/companies/2025…

busrep's tweet card. The Competition Tribunal has approved a R35 billion acquisition of MultiChoice Group by CANAL+, introducing key commitments to uplift historically disadvantaged communities in the South African...

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Business Report@busrep · Jul 24

Visa, an American multinational payment card services giant, on Wednesday launched its data centre in Johannesburg, its first in Africa and part a R1 billion investment over the next three years into South Africa. businessreport.co.za/companies/2025…

busrep's tweet card. Visa, a leading American multinational, has launched its first data centre in Africa, located in Johannesburg, as part of a significant R1 billion investment aimed at enhancing South Africa's digital...

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Business Report@busrep · Jul 24

The South African Reserve Bank (Sarb) may once again loosen its monetary policy before the year draws to a close despite recent data revealing an uptick in consumer price inflation. businessreport.co.za/economy/2025-0…

busrep's tweet card. As inflation sees a slight uptick in South Africa, the Reserve Bank weighs further interest rate cuts. Analysts predict a potential 25 basis point decrease at next week’s Monetary Policy Committee...

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Business Report@busrep · Jul 24

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Business Report@busrep · Jul 23

The consumer price inflation in South Africa has edged upwards, reaching 3% in June after holding steady at 2.8% for the previous two months. businessreport.co.za/economy/2025-0…

busrep's tweet card. South Africa's latest inflation figures reveal a worrying trend as food prices surge, particularly beef.

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