South African rand falls as dollar gains ahead of key US data
The South African rand fell on Tuesday against a much stronger dollar as investors awaited key U.S. data that could influence the Federal Reserve’s interest rate decision this month.
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African drugmaker Aspen posts $63 million loss due to contract dispute
South Africa’s Aspen Pharmacare made a full-year loss after tax of 1.1 billion rand ($63 million), it said on Wednesday, citing the impact of a material contractual manufacturing dispute and asset impairments of 4.1 billion rand.
Read MoreNigeria’s TotalEnergies deal marks shift to gas development
Nigeria’s production-sharing contract with TotalEnergies, its first guided by a new law designed to boost the OPEC member’s gas production, will serve as a template for future deals, the oil regulator told Reuters on Wednesday.
Read MoreSouth Africa’s business activity edges up as cost pressures ease in August, PMI shows
South African businesses experienced a very modest improvement in operating conditions in August as cost pressures eased, the S&P Global South Africa Purchasing Managers’ Index showed on Wednesday.
Read MoreWoolworths bets on fashion revamps in Australia and South Africa for 2026 growth
South African retailer Woolworths said it was banking on a revamped Australian fashion chain and a recovering domestic clothing business to fuel growth in 2026 after reporting a 23.9% drop in full-year earnings.
Read MoreDRC: Mutamba graft trial exposes justice system fault lines
Former Congolese Justice Minister Mutamba vowed to come down hard on embezzlers. Now, he has been sentenced to three years, with hard labor, for allegedly stealing funds intended for the construction of a prison.
Read MoreRecipe of the day: Pork spinach cordon bleu
This mouthwatering dish combines tender pork with a savoury spinach filling and gooey cheese, all enveloped in a crispy breadcrumb coating.
Read MoreInside the world of Heidi Riss: SA’s costume genius behind stage and screen
Heidi Riss' work isn’t just about designing costumes.
Read MoreInternational giant worth R1.9 trillion set to cut South African company
Mining giant Rio Tinto is undergoing a massive restructuring and has placed its South African operation, Richards Bay Minerals (RBM), under strategic review.
Read MoreBlack Motion and Thandiswa Mazwai among the most nominated artists for the SAMA31
Black Motion received four nominations, while Thandiswa Mazwai received three.
Read MoreRecipe of the day: Hashbrown and egg cups
Today’s recipe features crispy hashbrown and egg cups, combining savoury flavours in a convenient, portable form.
Read MoreSA new vehicle sales hit six-year high in August
Domestic new vehicle sales surged in August 2025, reaching their strongest level in nearly six years, according to figures released by the National Association of Automobile Manufacturers of South Africa (Naamsa).
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