RC 260827SAfm
Thursday, 27 August 2026
Market Update focused on Harmony Gold’s strong year, the IDC’s sharp group loss, new buy-now-pay-later credit reporting, and support for women-led African businesses.
- 18:22
Harmony Gold delivered its 11th consecutive year of meeting production guidance, with copper diversification adding resilience and expected to reach about 30% of production by FY36.
- 18:28
The IDC swung to a group loss of roughly R4.7 billion, as Foskor lost R2.8 billion and the organisation absorbed about R2.6 billion from Mozal’s impairment-related loss.
- 18:47
Buy-now-pay-later accounts will now be visible to credit providers, allowing affordability assessments to include these obligations and payment behaviour to influence lending decisions.
- 18:42
Standard Bank’s African Women Impact Fund backs women fund managers and their broader operating ecosystems, with more than US$10 million committed to expanding opportunities across Africa.
- 18:53
Curl Chemistry grew from one curl cream launched with R5,000 borrowed from the founder’s father into a wider range, with nine products stocked at about 15 Western Cape Checkers stores.