Philippa Larkin

Business Reporter Editor

IDC welcomes first woman CEO, Mmakgoshi Lekhethe

Philippa Larkin|Published

Trade, Industry, and Competition Minister Parks Tau lauded the appointment as a historic milestone for South Africa

S&P places Transnet on credit watch amid financial and operational challenges

Philippa Larkin|Published

Transnet’s elevated debt is projected to climb from R134. 7bn in fiscal 2024 to R151bn by fiscal 2025.

S&P Global Ratings upgrades Eskom’s credit ratings as lights stay on

Ashley Lechman and Philippa Larkin|Published

Eskom received a credit rating upgrade from S&P Global Ratings, signalling progress in financial stability and a brighter energy future for South Africa.

UK’s Frasers acquires owner of Sportsmans Warehouse and Outdoor Warehouse expanding its footprint in SA

Philippa Larkin|Published

Frasers Group's acquisition of Holdsport marks a significant entry into the South African market, promising growth and enhanced offerings in the sports retail sector. ...

JSE fines Thabi Leoka R500 000 for academic fraud and bans her from directorship

Philippa Larkin|Published

Thabi Leoka also faces a five-year ban from serving as a director on the JSE after being found guilty of misrepresenting her academic qualifications

South Africa tackles 16 of 22 FATF grey list requirements: DA optimistic

Philippa Larkin|Published

With a 2025 deadline looming, the country's efforts to strengthen its financial systems could restore its international investment standing

RIP Tito Mboweni | Ramaphosa pays tribute as a nation mourns the passing of a legend

Philippa Larkin|Published

Ramaphosa said given his sense of vitality and energetic and affable engagement with fellow South Africans, Dr Mboweni’s passing at 65 comes as a shock.

Tim Cohen’s commentary: A threat to black management excellence at PIC?

Philippa Larkin|Published

The investment company’s annual report has been turned into fodder for a biased media narrative against Dr Iqbal Survé and Sekunjalo

UAE ‘fully supports’ efforts to expand NDB membership

Philippa Larkin|Published

Mohamed bin Hadi Al Hussaini said by actively shifting the risk appetite definition toward shareholder-defined limits, the NDB had taken a critical step towards ...

WTO outlines six areas of action to deliver on SDGs, climate transition

Philippa Larkin|Published

UN Trade and Development estimates there is a $4 trillion (R17. 8trl) annual investment gap for delivering on the SDGs and the climate transition.

‘Egypt supports New Development Bank’s sustainable energy vision’

Philippa Larkin|Published

This year was particularly significant for Egypt, as it joined the annual meeting for the first time as a BRICS+ country.

New Development Bank needs to significantly scale up its funding capacity - India

Philippa Larkin|Published

The NDB is looked upon to scale up its investments in emerging sectors such as clean energy, disaster resilient infrastructure and social infrastructure with a keen ...

SA faces ‘vaccine apartheid’ as Ramaphosa mobilises Mpox global support

Philippa Larkin|Published

There are major international hurdles to overcome before Africa and South Africa would be able to produce vaccines locally, among them guaranteed off-take deals, ...

Ramaphosa calls on WHO and partners to unlock support for Africa amid mpox outbreak

Philippa Larkin|Published

The WHO is asking countries with mpox vaccine stockpiles to donate them to countries with ongoing outbreaks.

Eskom’s transmission line build could come too late to save Amsa’s Newcastle steel mill

Philippa Larkin|Published

The steel company is mulling the pros and cons of the closure of steel mills, job cuts as it battles cost pressures amid low demand.

Reputational risk is a red herring and violates my rights- Dr Survé

Philippa Larkin|Published

Reputational risk: there is currently no just nor equitable appeal mechanism available for the average person in bank account closures

SAA wings get extra lift as it regains Perth route

Philippa Larkin|Published

This is an important route for SAA and South Africa. Perth has long been a favoured destination for South African travellers

Dr Survé welcomes FSCA’s taking banks to task over bank account closures on basis of reputational risk

Philippa Larkin|Published

However, he says the organisation is failing in its duty to protect South Africans from banks.

FRESH TRACKS: Business backs Michelle Phillips as CEO of Transnet

Philippa Larkin|Published

Tributes started to pour in on Wednesday night to welcome her appointment to the post.

Cosatu slams ‘appalling neglect’ and ‘abuse’ of Post Office workers

Philippa Larkin|Published

I00t said the pending retrenchments of 6 000 postal workers came on the back of management failing to pay workers their backpay and denying the access to their medical ...

ZAR X launches a blockchain system in SA for unit trusts

Philippa Larkin|Published

ZAR X, in conjunction with Adhara and Computershare SA, have launched the first distributed settlement system in South Africa for unit trusts.

Steinhoff a year later: Cosatu calls for 'looters' to be prosecuted

Philippa Larkin|Published

South Africans want heads to roll and answers as the tale of woe caused by the Steinhoff International accounting scandal unfolds.

Gloomy outlook for price of platinum

Philippa Larkin|Published

The outlook for the platinum price is historically weak, according to Paul Dunne, chief executive of Northam Platinum.

Relief as Moody's keeps SA afloat

Philippa Larkin|Published

South African business and consumers can breathe easier after ratings agency affirmed South Africa’s investment-grade credit rating

China opens investment corporation

Philippa Larkin|Published

The China Overseas Infrastructure Development and Investment Corporation this week opened its first African headquarters in Joburg.