BN Briefing: Middle East conflict rattles markets; SA banking and retail giants post strong growth

BN Briefing: Middle East conflict rattles markets; SA banking and retail giants post strong growth

SA giants Nedbank, Shoprite, and Discovery post strong results as markets react to war in Iran and rising fuel costs.
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In tonights BizNews Briefing: The war in Iran triggers a "flight to safety" and a looming R3.25 petrol price hike. Meanwhile South Africa's corporate giants remain surprisingly steadfast. Nedbank, Shoprite, and Discovery all reported robust earnings, with Discovery Bank notably swinging into profitability ahead of schedule. Plus, the construction sector pivots toward Western Cape renewables while the business community reacts to a scandalous state raid in Newcastle.

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