Latest News & Developments
South Africa's push to exit the international grey list gains momentum as Deputy Minister Hendricks calls for crucial NPO sector support, highlighting a balanced approach between compliance and protecting vital community organisations.
Human mobile Devices are poised for growth in South Africa.
From humble beginnings in rural Impendle to winning international competitions, DUT student Luyanda Majozi's streetwear brand Enigmatic Cotton is revolutionising local fashion while creating employment opportunities. Discover how this 22-year-old entrepreneur is building a global fashion empire while pursuing his studies.
The South African rand has demonstrated exceptional strength against the US dollar, outperforming 14 major currencies over the past year. This remarkable resilience, driven by post-election reforms and strong export performance, signals a positive shift in South Africa's economic landscape
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
The agreement includes a R3. 6 billion investment in a social bond and a $200 million Risk Participation Agreement (RPA) for Standard Bank of South Africa Limited (SBSA).
The portfolio achieved an average rental rate increase of 4. 1% year-on-year.
The South African government is implementing new measures to regulate healthcare pricing through a draft block exemption, following recommendations from the Health Market Inquiry. The framework aims to address rising costs and overutilisation in private healthcare while ensuring affordable access for more South Africans.
All other staff directly hired by USAID will be placed on administrative leave globally.
Sasol’s latest financial results reveal a steep decline in revenue and earnings, as the energy powerhouse faces persistent market challenges.
South Africa got some slight relief on Monday after Eskom announced the end of stage 6 load shedding, lowering the level to stage 4.
South Africa's brief respite from power cuts ends as Eskom implements Stage 6 load shedding following multiple generation unit failures at major power stations. Energy Minister Ramokgopa apologises to the nation and addresses sabotage speculation.
Financial experts warn that a potential VAT increase could devastate South African households already struggling with rising living costs and mounting debt. The postponement of the Budget Speech has left the nation anxious about possible tax hikes.
The cancellation of South Africa's 2025 Budget Speech due to internal disputes within the Government National Unity raises concerns about the coalition's stability and the country's economic future.
The Public Servants Association (PSA) said in a statement that they strongly condemned the irresponsible actions by AfriForum and its allies in calling for foreign intervention in South Africa’s domestic affairs.
The Competition Tribunal said in a statement on Thursday that it had approved the proposed merger in which The Hollard Insurance Company Ltd (“Hollard”) intends to acquire part of Lombard Insurance Company Ltd.
With just four days remaining until the highly anticipated kickoff of Meetings Africa 2025, South African Tourism announced that all exhibition floor space has been completely sold out.
Tax Justice SA (TJSA) said in a statement on Thursday that their analysis indicates that tackling the country’s pervasive illicit cigarette trade could deliver a comparable financial windfall for the nation without squeezing citizens further.
For small and medium-sized enterprises (SMEs), effective networking can unlock opportunities, provide access to valuable resources, and open doors that might otherwise remain closed.
Anglo American signs memorandum of understanding Chilean state-owned mining company Codelco for a framework to implement a joint mine plan for the two companies’ respective, adjacent copper mines of Los Bronces and Andina in Chile.
Business Unity South Africa (BUSA) said that the Minister of Finance's decision to postpone the tabling of the 2025 Budget is a significant concern for South Africans, the business community, and the markets.
The Federation of Unions of South Africa (FEDUSA) and Congress of South African Trade Unions (COSATU) said that they welcome the government's decision to postpone Finance Minister Enoch Godongwana 2025 Budget speech to March.
Below is the full budget speech delivered by South Africa’s Minister of Finance, Enoch Godongwana.
South Africa's state-owned transport utility Transnet faces mounting financial challenges as Treasury calls for urgent debt stabilisation. With losses exceeding R7. 3 billion and declining rail volumes, the entity must implement strategic reforms to restore operational efficiency and financial sustainability
The South African Treasury, alongside the Department of Communications and Digital Technologies, is implementing a crucial rescue plan for the struggling Post Office. With R1. 8 billion allocated and 354 branches closed, can this intervention save one of South Africa's oldest institutions?