Latest News & Developments
consumers
Consumer dissatisfaction with financial service providers revealed in FSCA report
The FSCA's 2025 Complaints Management Industry Review Report reveals significant consumer dissatisfaction with complaint handling processes among financial service providers, with 67% of respondents expressing discontent. The report highlights the need for improved communication and transparency in complaint resolution
Retail sales rise modestly as consumers seek value amidst economic challenges
South Africa's retail sector demonstrated resilience in 2024, with FMCG spending reaching R637 billion despite economic pressures. While private labels showed strong growth and festive season sales surged, the technology sector faced challenges. NIQ's latest analysis reveals changing consumer behaviours and emerging retail trends
Understanding internet pricing: How to find the cheapest ISP in South Africa
Discover how choosing the right ISP can enhance your connectivity and save you money in South Africa.
Revealed: How South Africans are spending their money in 2025
A comprehensive DebtBusters study reveals surprising spending patterns across South African income groups, with the lowest earners spending 50% on groceries while high-income households prioritise insurance and retirement savings.
Redefining what is “smart” about devices
Human mobile Devices are poised for growth in South Africa.
The rise of South Africa's working class: a decade of growth
A recent study reveals that South Africa's working class has grown significantly, doubling their spending power and becoming a crucial consumer group
From rural village to fashion success: DUT student's entrepreneurial journey
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.
Understanding banking fees in South Africa: What you need to know
From monthly fees to transaction costs: Our comprehensive comparison of South Africa's major banks reveals striking differences in banking charges, helping you make an informed choice for your financial needs. Plus, discover which bank ranks highest in customer satisfaction for 2024.
Is HONOR Redefining what Matters in Smartphones?
Mzansi mindsets are however changing. South Africans are becoming more practical about their tech choices, questioning whether paying a mega-Rand price for a device is truly necessary.
SA rand makes slight gain against US dollar
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
South Africa faces avian flu threat: Urgent call for vaccination
South African Poultry Association has raised warning flags South Africa is facing a grave risk from the potential spread of Highly Pathogenic Avian Influenza.
Government pledges support for small-scale sugarcane farmers
Agriculture Minister John Steenhuisen commits to supporting over 24,000 black small-scale sugarcane farmers, with SA Canegrowers welcoming a R1. 09 billion empowerment initiative aimed at transforming South Africa's sugar industry. The programme has already benefited thousands of farmers in KwaZulu-Natal and Mpumalanga
African Development Bank and Standard Bank unite to support SMMEs and boost trade
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).
Stor-Age delivers positive operational performance
The portfolio achieved an average rental rate increase of 4. 1% year-on-year.
State steps in to regulate healthcare tariffs to cut medical sector size
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.
Why are food prices so high? Inside South Africa's grocery wars
Detailed comparison of South Africa's major retailers reveals price gaps of up to R200 on basic groceries, plus expert insights on future food costs and inflation impacts.
Cosatu calls for progressive Budget alternatives ahead of March 12 Parliament return
Cosatu welcomes Cabinet's decision to reconsider the 2% VAT hike while emphasising the need for a balanced budget that strengthens public services, stimulates economic growth, and protects the working class. The union federation outlines key priorities ahead of the March 12 Budget presentation.
Sasol reports challenging financial results as revenues decline
Sasol’s latest financial results reveal a steep decline in revenue and earnings, as the energy powerhouse faces persistent market challenges.
Eskom eases load shedding from stage 6 to 4
South Africa got some slight relief on Monday after Eskom announced the end of stage 6 load shedding, lowering the level to stage 4.
Musk says all US govt staff must justify their work or lose jobs
Musk, the world's richest person and Trump's biggest donor has led the effort to fire swaths of the government workforce.
SA’s energy crisis returns as Eskom plunges nation back into stage 6 load shedding
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.
Proposed VAT increase could push South Africans deeper into debt crisis
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.
AVBOB under fire for controversial R4,000 funeral payout after 22 years of premiums
AVBOB faces backlash as a woman reveals her shocking R4,000 funeral payout after 22 years of contributions.
PSA condemns AfriForum's call for foreign intervention in South Africa
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.
Competition Tribunal approves Hollard's acquisition of Lombard Insurance
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.