New data from reveals that the average household food basket costs R5,479.26 a month, and feeding one child a nutritious diet costs nearly R1,000.
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From 8 million to 12 million: Expert reveals the scale of South Africa's unemployment problem
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"No DNA, just RSA": SA beats Kenya to become Africa’s most competitive economy in 2026 IMD rankings
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JustMarkets Great Anniversary Contest is LIVE: $50K+ in Prizes & Gold Bars for Top Traders
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My Beauty Expo 2026 Launches Pan-African Vision at Official Media Briefing in Sandton
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Argentina's annual inflation soars above 250% in January
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Ethiopian Airlines snaps up 31 Boeings in 'landmark' deal
Ethiopian Airlines ordered 31 Boeing jets with an option for 36 more in a "landmark" deal on Tuesday as it joined the list of companies betting big on the growth of aviation. - Engine stalls purchase - While Boeing has enjoyed the lion's share of the deals in Dubai this week, Airbus announced an order for 10 A350-900 planes by EgyptAir on Tuesday.
German antitrust body opens probe against Coca-Cola
Germany's antitrust watchdog said Tuesday it was opening a probe into US beverages giant Coca-Cola over rebates for retailers it said could give the company an unfair advantage over competitors.
World severely off track to limit planet-heating emissions: UN
The world is "failing to get a grip" on climate change, the UN warned Tuesday, as an assessment of current climate pledges shows only minor progress on reducing emissions this decade. "The world is failing to get a grip on the climate crisis," said UN Secretary-General Antonio Guterres, warning countries were not acting fast enough to avoid climate catastrophe.
Glencore takes majority stake in Canadian coal business
Swiss commodities giant Glencore will acquire a majority stake in the steelmaking coal business of Canadian miner Teck Resources, the companies said on Tuesday, capping fraught negotiations between the groups. Vancouver-based Teck Resources put the value of its steelmaking coal business at $9.0 billion.
Apple supplier Foxconn says profits fuelled by holiday season demand
Key iPhone supplier Foxconn posted "better-than-expected" profits in its third quarter, with leadership on Tuesday attributing the surprise jump to demand ahead of the holiday season. "We have entered the traditional peak season in the second half and our operations are set to gradually improve quarter on quarter," CEO Young Liu said during an earnings call.
US postpones Asia trade deal rollout after domestic fire
President Joe Biden's administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism.
Asian markets cautiously higher as US data looms
Equity markets edged up Tuesday as investors cautiously await the release of US inflation data, aware that a big miss in either direction could have major implications for the Federal Reserve's interest rate plans over the next few months.
1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said. The 250 GTO went on sale Monday evening after a few minutes of bidding in the auction room, but at a price lower than the more than $60 million expected by RM Sotheby's, the luxury car subsidiary of the auction house.
Sustainable development on the menu as APEC finance chiefs meet
Economic development and environmental action need to march hand in hand if the world is to successfully combat global warming, US Treasury Secretary Janet Yellen said Monday at the start of major global meeting.
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