Tag: JSE

South Africa’s Vukile raises $168 million for Italy expansion

South Africa’s Vukile raised $168 million on the JSE to fund Italy retail acquisitions and expand its European footprint.

Timilehin Adejumobi May 20, 2026

Business Hot News

South Africa’s Fortress REIT raises $97 million in landmark bond deal

Fortress REIT secures $97 million in a landmark Zaronia-linked bond, signaling investor confidence and a shift in South Africa’s debt markets.

Timilehin Adejumobi April 23, 2026

Business Hot News

MTN Group forecasts massive rebound after MTN Nigeria posts $820 million profit

MTN Group expects earnings rebound as MTN Nigeria reports $820 million profit and free cash flow jumps 215 percent.

Omokolade Ajayi March 4, 2026

Business Technology

Spar faces investor exit after $250 million value loss in a week

South Africa’s retail sector is under renewed strain after Spar Group lost about $250 million in market value in a week, sending its shares to a 16-year low and unsettling investors on the Johannesburg Stock Exchange. The sharp decline follows a wave of selling that has erased nearly a quarter of the grocery retailer’s market capitalization since last Friday. The…

Oluwatosin Alao February 28, 2026

Gold Fields’ mining operation in South Africa.

Business Hot News

Johannesburg-based Gold Fields overtakes Naspers as Africa’s most valuable company

Gold Fields has overtaken Naspers as Africa’s most valuable company after a gold price rally lifted mining stocks on the JSE.

Omokolade Ajayi February 8, 2026

Business Hot News

Africa’s 20 most valuable companies in September 2024

At a Glance South Africa dominates Africa’s top companies list, reflecting its economic and industrial strength on the continent. Naspers Limited leads as Africa’s most valuable company with a $36.2 billion market cap, showcasing global tech prowess. Of 20 top companies, 17 are South African, while Morocco, with a 3.4% GDP growth, highlights its rising economic influence. A glance at…

Omokolade Ajayi September 1, 2024