Philippa Larkin

Business Reporter Editor

Bitcoin hits new peak touching $124 500

Philippa Larkin|Published

Bitcoin has soared to a new peak of $124 500, driven by favourable US legislation and rising equities. What does this mean for the future of cryptocurrency?

High court rules against TotalEnergies oil exploration plans

Philippa Larkin|Published

The Western Cape High Court has overturned the government's approval of TotalEnergies' offshore drilling plans, a decision hailed by environmental groups as a significant ...

Naspers/Prosus shares rise on stellar Tencent earnings

Philippa Larkin|Published

Naspers and Prosus shares soared on the JSE after Tencent reported a remarkable third consecutive quarter of double-digit revenue growth, surpassing forecasts and ...

Home Affairs partners with Capitec, FNB to expand passport and Smart ID services

Philippa Larkin|Published

Discover how the new digital partnership between Home Affairs, Capitec, and FNB aims to revolutionise access to Smart ID and Passport services, making it easier ...

Vodacom, Airtel sign network infrastructure agreement to drive digital inclusion

Philippa Larkin|Published

Vodacom Group and Airtel Africa have announced a groundbreaking infrastructure sharing agreement aimed at revolutionising connectivity in Mozambique, Tanzania, and ...

Prosus obtains clearance for Just Eat deal from European Commission

Philippa Larkin|Published

Prosus's acquisition of Just Eat Takeaway. com has received the final regulatory nod from the European Commission, enabling the tech giant to enhance its European ...

FSCA warns against platform using deep fake videos of Siya Kolisi for investment

Philippa Larkin|Published

The FSCA has issued a critical warning about a deepfake video featuring Siya Kolisi, which is being used to solicit fraudulent investments from the public. The authority ...

Schreiber launches of phase two of the Trusted Tour Operator Scheme

Philippa Larkin|Published

The Minister of Home Affairs, Dr Leon Schreiber, announces the launch of phase two of the Trusted Tour Operator Scheme (TTOS), aimed at boosting tourism from India ...

Trump signs executive order to address reputational risk in banking

Philippa Larkin|Published

President Trump has signed an executive order titled 'Guaranteeing fair banking for all Americans' that combats politically-motivated debanking practices. The order ...

Transnet and Hotazel Manganese Mines sign 10-year deal

Philippa Larkin|Published

Transnet and Hotazel Manganese Mines (HMM) have officially signed a significant 10-year contract under the Manganese Export Capacity Allocation (MECA3) framework, ...

#RacistBanksMustFall calls for legislative reform after US tackles political debanking

Philippa Larkin and Siphelele Dludla|Published

The #RacistBanksMustFall movement in South Africa advocates for legislative reforms to combat discriminatory banking practices, inspired by a recent US executive ...

MTN flags robust first half performance ahead

Philippa Larkin|Published

MTN is set to report a remarkable performance for the first half of 2025, driven by strategic execution and improved market conditions. Discover how inflation stability ...

MTN South Africa deploys biometric digital ID to all stores

Philippa Larkin|Published

MTN South Africa has launched a groundbreaking biometric digital ID system across all stores, enhancing customer experience and security. Following a successful ...

July BETI continues to improve as economic activity remains resilient

Philippa Larkin|Published

Discover how the July BETI reflects South Africa's economic resilience amid ongoing pressures and what it means for the future.

Telkom's profit rises 6. 5% in first quarter on back of strong growth in subscribers

Philippa Larkin|Published

Telkom reports a robust 6. 5% profit increase in Q1, driven by a remarkable surge in subscriber growth, as revealed in its latest trading update.

Blow to SA's trade arteries with Maersk discontinuing direct US route

Philippa Larkin|Published

Maersk's discontinuation of its direct shipping service from South Africa to the US comes at a critical time for exporters, as Dr Ernst van Biljon warns of severe ...

2025 was a defining year for Pick n Pay, says Gareth Ackerman

Philippa Larkin|Published

At the annual general meeting, Gareth Ackerman reflects on 2025 as a transformative year for Pick n Pay, marked by significant capital market events and his personal ...

Oanda's profit declines in first half but firm achieves 63% production growth

Philippa Larkin|Published

Oando, Nigeria's leading energy group, reports a 28% drop in gross profit for H1 2025, yet its upstream business shines with a remarkable 63% production growth, ...

Consumers and homeowners get boost after MPC cuts rates

Philippa Larkin|Published

The MPC's recent decision to cut interest rates by 0. 25% is set to provide much-needed relief for consumers and stimulate the housing market, according to industry ...

SA poultry sector calls for tariff clarity and calls for urgent revocation of US import quota

Philippa Larkin|Published

The South African poultry industry is urgently seeking clarity on the trade deal with the United States and demands the revocation of the US poultry import quota, ...

Transnet welcomes conviction of infrastructure criminals

Philippa Larkin|Published

Transnet has achieved a major victory in its battle against infrastructure crime, with 26 individuals convicted for stealing copper cables worth R29 million. What ...

Sibanye-Stillwater files antidumping petition in America against Russian palladium imports

Philippa Larkin|Published

Sibanye-Stillwater, a leading multinational mining group, has filed a crucial antidumping petition in the US to combat unfair competition from Russian palladium ...

Bain & Company exits consulting operations in South Africa

Philippa Larkin|Published

Bain & Company has announced its exit from South Africa, marking the end of a controversial chapter linked to state capture and corruption scandals that have rocked ...

African blockchain ventures outperform broader African VC landscape - report finds

Philippa Larkin|Published

The 2024 African Blockchain Report reveals that blockchain ventures are not only thriving but also reshaping the venture capital landscape in Africa, despite global ...

Necsa and Ewseta sign MoU to bolser SA's nuclear energy and water skills pipeline

Philippa Larkin|Published

New MoU between Necsa and Ewseta to advance skills development in South Africa's energy sector