RC 260903SAfm
Thursday, 3 September 2026
Markets rallied as a stronger rand and weaker dollar lifted South African resources, while major business results and healthcare reform proposals dominated the programme.
- 18:18
Impala Platinum reported revenue growth of about 58%, R22 billion in full-year cash generation and R16.8 billion in dividends, helped by stronger precious-metals prices and destocking.
- 18:42
Discovery’s normalized operating profit topped R17 billion, headline earnings rose 34% to nearly R13 billion, and Discovery Bank reached full-year profitability ahead of plan.
- 18:27
The Health Funders Association said mandatory medical-scheme membership and risk equalisation could cut contributions by roughly 30%, but would require about nine million employed South Africans to join.
- 18:07
The rand traded below R16 to the dollar as a weaker US currency supported emerging markets; platinum, palladium and gold led a broad JSE resources rally.
- 18:33
Standard Bank’s township pitch challenge awarded R1 million to Pretoria-based Madua Paint World, while the bank identified market access as SMEs’ biggest obstacle to scaling.