Brainworks expects turnaround in earnings

Brainworks had said it needed to delay the publication of results due to the effect on its financial reporting of currency reforms in Zimbabwe. Source

Consumers in for a very rough ride with petrol hike

With the expected petrol price increase of 56 cents a litre just days away, debt-stressed consumers are going to have to cut unnecessary expenses. Source

Oil price and rand exchange rate worry economists

At this stage, it is expected that the fuel prices will increase by 55c a litre for petrol and by 5c a litre for diesel at the beginning of May. Source

Eskom, our three-winged phoenix

FROM THE BARREL: One way or another, the inevitability of the fate that awaits the bodily and constitutive form of Eskom is nigh, writes Bheki Gila. Source

Glencore shares are hit by alleged clandestine dealing

Glencore will co-operate with the CFTC. Glencore’s response will be managed by its investigations committee. Source

Media house Tiso Blackstar served with a notice to strike

Tiso Blackstar employees affiliated to the Information Communication Technology Union will down tools this week over salaries and bonuses. Source

7 things you need to know today

We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa, and the world. Source

MC Mining says revenue per saleable ton down 14% in third quarter

MC Mining said on Monday its revenue per saleable tonne declined by 14 percent to US$75 per tonne in the three months to March 31. Source

Sibanye increases offer for Lonmin takeover

Sibanye-Stillwater and Lonmin have reached an agreement on an increased recommended all-share offer to be made by Sibanye Source

Endeavor SA partners with SME fund to scale high-impact firms in 5 years

The initiative will leverage the powerful procurement, financial and mentorship muscle of the CEO Circle. Source

Pick n Pay reaps the rewards of its 6-year cost-reduction strategy

Pick n Pay reported strong results on Friday as the JSE-listed retailer reaped the rewards of its strategy over the past six years to reduce costs. Source

WATCH: Rand ends session fairly flat

Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world. Source