Latest News & Developments
This fund, a joint effort by government departments, provides financial support to spaza shops and convenience stores essential to local communities.
South Africa's Competition Commission has released a report urging digital platforms like Meta and YouTube to support local media, highlighting the financial struggles faced by the industry due to changing news consumption habits.
The payment aims to address the revenue losses suffered by local media outlets due to the uneven distribution of revenue generated by online news content.
The payment aims to address the revenue losses suffered by local media outlets due to the uneven distribution of revenue generated by online news content.
The payment aims to address the revenue losses suffered by local media outlets due to the uneven distribution of revenue generated by online news content.
The investigation focused on claims that these companies had colluded to fix prices and divide markets for edible oils, including baking fats and margarine, dating back to 2007.
The business conclave sessions are crucial for connecting and facilitating the networking between the businesses of South Africa and India.
The Banking Association of South Africa (BASA) reveals significant strides in transformation within the banking sector, highlighting increased representation of women in management and substantial investments in empowerment financing.
Explore the latest insights from the FSCA on financial inclusion in South Africa, revealing that 37. 3 million adults are banked, while only 2% remain unbanked.
The Competition Commission of South Africa has approved Rymco's acquisition of the iconic Bovril and Marmite brands from Pioneer Foods, subject to conditions including job protection and R10 million investment commitment. This landmark deal reshapes the country's food industry landscape while safeguarding employment and ensuring continued local production.
The lack of access to finance experienced by many black South Africans remains a concern.
The Poultry Sector Master Plan 2030 was signed off in November 2019 at the 2nd South Africa Investment Conference.
Residents said the municipality allegedly wanted to pay the transactional advisor 10% despite a legal opinion being sought and disagreed with payment.
South Africa's Department of Trade, Industry, and Competition unveils plans for a R100 billion Transformation Fund aimed at fostering inclusive economic growth through black-owned businesses. But will this ambitious initiative drive real change or become another failed government project?
Law firm Norton Rose Fulbright is challenging South Africa's new Legal Sector Code, while the Legal Practice Council defends the legislation as crucial for transformation in the legal profession.
The imminent closure of ArcelorMittal's Newcastle furnace threatens over 3 500 jobs and South Africa's industrial future. Cosatu calls for urgent intervention to prevent an economic catastrophe in KwaZulu-Natal and protect the nation's steel manufacturing capacity.
The inquiry, which focused on five fruits and six vegetables, identified high concentration levels, significant barriers to entry, and limited competition across the sector.
The DA has welcomed Minister Tau's commitment to compensating NLC whistleblowers but is advocating for a comprehensive policy across all DTIC entities, including the South African Bureau of Standards(SABS)
The Department of Trade, Industry and Competition (the dtic) said on Wednesday it noted with serious concern the announcement by ArcelorMittal South Africa (AMSA) to wind down its longs steel business at its Newcastle plant.
Business chamber laments devastating impact on Newcastle residents and businesses.
The Department of Trade, Industry and Competition has said interventions were not sufficient to prevent the impending closure of ArcelorMittal's Newcastle plant, which will result in significant job losses and economic impact on the community
The Association of Informal Businesses Sector of South Africa (AIBSSA) has welcomed the government’s extension of the deadline for the registration of Spaza shops to 28 February 2025.
The youth league said lack of transparency undermines public confidence and raises serious concerns about equitable resource distribution.
November may have represented the second consecutive increase in monthly new vehicle sales this year and might signal the start of a long-awaited upward trend in the market, but total domestic sales, year-to-date to the end of November, was down 3. 47% to 474 469 units, versus the same period last year
“Minister Malatsi has been advised that if he wants to withdraw the bill, he must make a submission. ”