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SA Government partners with NPOs to exit international grey list by 2025
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.
Redefining what is “smart” about devices
Human mobile Devices are poised for growth in South Africa.
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.
Rand shows remarkable resilience in global currency market
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
SA rand makes slight gain against US dollar
Ancho Capital said that markets were weighed down by losses in technology and mining sector stocks.
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.
Most USAID workers to be fired or placed on leave
All other staff directly hired by USAID will be placed on administrative leave globally.
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.
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.
Budget Speech cancellation highlights tensions within South Africa's Coalition Government
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.
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.
Meetings Africa 2025: Exhibition space sold out as anticipation builds
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.
Tackling South Africa's illicit cigarette trade could boost tax revenue
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.
Business101: Grow your business by growing your network
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 and Codelco forge partnership to boost copper production
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.
BUSA expresses concern over delayed 2025 Budget announcement
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.
FEDUSA and COSATU welcome budget postponement, call for equitable fiscal strategies
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.
Read Finance Minister Enoch Godongwana‘s full Budget Speech here. This is now under review.
Below is the full budget speech delivered by South Africa’s Minister of Finance, Enoch Godongwana.
Proposed Budget 2025: Transnet's financial crisis: Treasury calls for debt reduction and strategic reforms in Budget 2025
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
Proposed Budget 2025: R1. 8bn lifeline for SA Post Office as Treasury intervenes
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?