RC 261109Power FMTehillah Niselow
Monday, 9 November 2026
Power Business covered MTN's strong quarterly update, Investec's new EU banking licence, a shrinking pool of registered auditors, and a renewed red meat levy running to 2030.
- 18:23
MTN's third-quarter update showed service revenue up 17.2%, with growth accelerating and revenue rising year-on-year every month; EBITDA rose 22% and the share price jumped 5%.
- 18:49
Investec has secured an EU banking licence from the European Central Bank and Central Bank of Ireland, letting it make Dublin the hub for EU lending as it targets mid-market corporates and high-net-worth clients.
- 18:35
The number of registered auditors in South Africa fell from about 4,300 in 2016 to below 3,500 in 2025, though the regulator says there is no existential crisis yet.
- 19:09
Red meat producers have a new four-year statutory levy cycle running until November 2030, funding animal health, disease management, research and market access.