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AECI grows Ebitda, Ebitda margin; to invest in plants and equipment in 2026 February 25, 2026
JSE-listed mining and chemicals multinational AECI posted revenue of R32.1-billion for the year ended December 31, 2025, which was down 4% on the prior year; however, it achieved record earnings before interest, taxes, depreciation and amortisation (Ebitda) of R3.4-billion and improved its Ebitda margin to 11% from 9% in the prior year. The company has […]
Motus ups profit by 8%; VW, Nissan brands under pressure February 25, 2026
The surge seen in the sale of Chinese vehicles is not unique to South Africa, says Motus CEO Ockert Janse van Rensburg. The parts and vehicle retailer and distributor also operates in the UK and Australia.
Planned R20bn tax increase withdrawn from 2026 Budget February 25, 2026
Finance Minister Enoch Godongwana announced during his 2026 Budget speech on February 25 that a R20-billion tax increase that was previously earmarked for the 2026 Budget has been withdrawn and personal income tax (PIT) brackets, as well as medical tax credits, will be fully adjusted for inflation after two years of no inflationary relief. Tax […]