Latest News & Developments
In a remarkable testament to resilience, 1. 9 million South Africans operated non-VAT registered businesses in 2023, a significant increase from 1. 5 million a decade earlier.
Despite a 0. 6% GDP growth in South Africa, the economy faces challenges with declines in manufacturing and mining.
With gold prices hitting an all-time high and the rand showing resilience, how are global markets reacting to Trump's Federal Reserve fears?
Buy-to-let property market on the rise as investors flock to coastal developments.
India is on track to overtake Japan as the fourth-largest economy, presenting significant opportunities for South Africa, its fourth-largest trading partner. High Commissioner Professor Anil Sooklal highlights the strengthening economic ties and the growing interest from South African businesses in India.
The eThekwini Municipality is considering the establishment of an Inner-City Development Company to combat economic decline in Durban's CBD, addressing service delivery challenges and fostering investor confidence.
The two countries’ foreign ministers have emphasized multilateral coordination at BRICS and the UN.
Despite recent disappointments, South Africa's economy is set for a modest recovery in 2025, with potential rate cuts from the SARB if inflation remains stable.
Overnight, Gold miners, Sibanye Stillwater, AngloGold Ashanti, Gold Fields and Harmony Gold Mining Company advanced 6. 8%, 4. 1%, 3. 1% and 2. 9%, respectively, data from Anchor Capital showed.
BHP is set to benefit from market volatility with record copper and iron ore production, despite global tariff challenges.
Discover how branding shapes the future of South African businesses and connects them with customers in a competitive market.
Underlying this momentum is a wealth of resources, a burgeoning digital economy, a youthful demographic, and the promise of economic integration fostered by initiatives.
Retail sales, overall, contribute 20% to the economy, with the wholesale and retail sectors, specifically, being estimated to be the fourth-largest contributors to the country's GDP.
With less than 35% of South African motorists insured, understanding car insurance coverage is crucial.
The SA Reserve Bank warns that Trump's tariffs could shrink GDP by 0. 69%, threatening economic stability.
South Africa's mining output, once a cornerstone of the economy, has seen a staggering 9. 6% year-on-year decline in February.
Activist groups demand Pick n Pay remove Israeli products from its shelves, citing ongoing violence in Palestine.
Helen Zille has confirmed the Democratic Alliance will remain within the Government of National Unity despite opposing the controversial VAT increase.
Township tuck shop owners and small manufacturers reveal how the proposed VAT hike threatens their survival, with some already taking loans to avoid raising prices on their struggling customers.
With a VAT increase potentially looming, confusion surrounds its timing and implications.
An eight-year-old boy is fighting for his life in hospital after allegedly eating a contanimated snack he bought from a local tuckshop.
The South African rand steadied on Friday after a turbulent week, trading at R19. 28 as global markets struggled. This stability follows US President Donald Trump's pause on 'Liberation Day' tariffs.
Despite an improved economic environment in 2024, South Africa's major banks face challenges, including squeezed margins and declining consumer confidence.
The Insurance Sector Education and Training Authority (Inseta) hits back at Outa's 'demonstrably false' allegations, citing its 97% operational performance and support of 62,000 beneficiaries while challenging claims about audit irregularities.
With Donald Trump's blanket 25% import tariff still in effect, how will the global automotive industry navigate the challenges ahead?"