Thursday, 10 September 2026

Transnet reported a R4.6 billion annual profit, its first in four years, with revenue up 7.1%, but management warned the turnaround remains a long road.

FirstRand’s normalised earnings rose 13% despite a UK car-loan redress scandal; the group is selling Aldermore and expects only limited further provisions.

Fuel prices could rise by about R2 a litre for petrol and up to R1.80 for diesel, raising transport costs and adding inflationary pressure as trucking replaces unreliable rail.

Investment managers said roughly ten JSE companies can represent half the market, with passive investing and institutional mandates reinforcing concentration and limiting funding for smaller businesses.

Apple’s next-generation watch may continuously listen and transcribe surrounding conversations, prompting concerns about consent, third-party data and the trustworthiness of technology companies.