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Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz, a key global shipping corridor. The Nasdaq...
Money

How Fox’s Roku Acquisition Could Reshape the Future of Streaming Technology

DEAL AT A GLANCE   Deal Metric Details Deal Value $22 billion enterprise value Price Per Share $160.00 (cash + FOX Class A stock) Cash Component $96.00...
Money

SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion...
Money

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

Ukraine Parliament Overwhelmingly Approves Cryptocurrency Tax Bill in First Reading

Ukraine's Parliament has taken a decisive step toward cryptocurrency regulation by passing the first reading of a comprehensive crypto...

PepsiCo Stock Surges Following Elliott Management Stake Announcement

Shares of PepsiCo Inc (NASDAQ: PEP) jumped sharply in premarket trading on Tuesday after activist investor Elliott Investment Management...

Kraft Heinz to Split into Two Companies Amid Strategic Restructuring

Kraft Heinz announced on Tuesday that it will split into two independent, publicly traded companies, marking a major restructuring...

ArcelorMittal South Africa’s Job Cuts: Unions Rally Against Looming Layoffs

ArcelorMittal South Africa (AMSA) is on the verge of cutting over 4,000 jobs, putting a significant portion of its...

Relief at the Pumps: South African Fuel Prices Drop from Wednesday

Motorists across South Africa will pay less for fuel from Wednesday, 3 September 2025, as the Department of Mineral...

U.S. Futures Slide as Pre-Market Trading Resumes After Labor Day

U.S. stock futures pointed lower on Tuesday morning as Wall Street reopened following the Labor Day holiday, with investors...

Trump Pressures Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations

President Donald Trump has intensified pressure on Federal Reserve Governor Lisa Cook to resign, citing allegations of mortgage fraud...

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amid Sales Slump

Target Corporation has announced that longtime Chief Executive Officer Brian Cornell will step down from his role on February...

Zahid Group’s $1.25 Billion Barloworld Acquisition Gets Green Light

The Competition Tribunal has officially approved the R23 billion (US$1.25 billion) acquisition of Barloworld Limited by a consortium led...

Mango Airlines Rescue Plan Collapses as Investor Pulls Out

South African low-cost carrier Mango Airlines is now headed for closure after its last potential investor, Ubuntu Air, withdrew...

United Airlines Restores Flights After Major Tech Glitch Grounds Hundreds Across the U.S.

United Airlines has successfully resumed operations after a sudden and widespread technology outage forced the airline to ground hundreds...

Pick n Pay’s Bold Turnaround Plan: What Ackerman’s Praise for Summers Really Means

South African retail giant Pick n Pay is undergoing one of its most critical transformations in recent history—and the...
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