Friday, 18 September 2026

SPA’s independent retailers want Phil Roux as chair after Mike Bosman’s resignation, while retailer loyalty fell from 83% in 2022 to about 78%, intensifying pressure for a rapid turnaround.

Analysts expect the Reserve Bank to consider a 25-basis-point rate increase next week amid higher oil prices, a stronger dollar and renewed inflation pressure from fuel costs.

African Rainbow Capital plans to raise its Alexander Forbes stake from roughly 50% to 78%; the deal could eventually lead to a delisting, although that remains speculation.

The Old Mutual Go to Sea mountain-bike event covered 650 kilometres over seven days, with organisers funding water points, schools and community projects along the route.

Nearly 100% of global equity fund managers failed to beat their index over the past decade, while South African index trackers can cost about 0.5% compared with roughly 1.5% for active funds.