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Transnet vs Auditor-General: R42bn Irregular Expenditure Dispute Deepens Over Locomotive Deal

Banele Ginindza|Published

Briefing Parliament’s Standing Committee on Public Accounts (Scopa) on Tuesday, Transnet CEO Michelle Phillips confirmed that the entity had taken steps to remove the R42.9bn from its books, arguing it had complied with all prescribed processes.

Transnet, Auditor-General clash over R42bn locomotive deal

Banele Ginindza|Published

Briefing Parliament’s Standing Committee on Public Accounts (Scopa) on Tuesday, Transnet CEO Michelle Phillips confirmed that the entity had taken steps to remove ...

Middle East conflict clouds SA outlook as economists warn of inflation and growth risks

Yogashen Pillay|Published

Escalating tensions in the Middle East are causing significant economic uncertainty for South Africa, with rising fuel costs and inflation posing serious challenges. ...

Court backs government oversight in FMD vaccine rollout as supplies increase

Yogashen Pillay|Published

South Africa's Department of Agriculture announces the procurement of millions more Foot and Mouth Disease vaccines while facing legal challenges from agricultural ...

Sentiment among consumers edges up in the first quarter but Iran conflict poses fresh risks

Yogashen Pillay|Published

Consumer confidence in South Africa shows a slight uptick in early 2026, driven by high-income households, but global tensions and rising oil prices pose significant ...

With fuel prices set to soar, International Energy Agency recommends working from home where possible

Ashley Lechman|Published

The geopolitical tensions between the US, Israel, and Iran have led to a significant global oil shock, pushing prices above $100 per barrel. This article explores ...

Westown Precinct's Kaleido Development Sees Strong Sales on Launch Day

Yogashen Pillay|Published

Kaleido, a new residential development in the Westown precinct, has recorded impressive sales on its launch day, highlighting the growing confidence in the Hillcrest ...

Impact of US Federal Reserve's decision on South African interest rates

Yogashen Pillay|Published

Experts anticipate that the South African Reserve Bank will keep interest rates unchanged in the upcoming Monetary Policy Committee meeting, despite rising inflation ...

Tourism sector upbeat for Easter despite looming fuel price surge

Yogashen Pillay|Published

Despite anticipated fuel price increases, tourism leaders in Umhlanga express optimism for a busy Easter weekend, highlighting trends in domestic travel and the ...

Namibia’s energy ambitions strengthen regional ties and investment appeal

Yogashen Pillay|Published

Ndapwilapo Selma Shimutwikeni, Founder & CEO of RichAfrica Consultancy, discusses Namibia's strategic energy partnerships and the country's evolving role in the ...

How global conflicts impact South African consumers’ wallets

Ashley Lechman|Published

As tensions flare in global hotspots, South African consumers face rising costs and economic challenges. Discover how international conflicts could hit your wallet ...

Transnet selects FFS Tank Terminals for liquid bulk terminal refurbishment

Yogashen Pillay|Published

Transnet National Ports Authority announces FFS Tank Terminals as the preferred bidder for a R102 million refurbishment of a liquid bulk terminal at the Port of ...

South African wine producers optimistic about 2026 harvest

Yogashen Pillay|Published

South African wine grape producers are optimistic about the 2026 harvest, with indications of a larger yield and promising quality across key cultivars. This article ...

Oil surge above $110 deepens global economic risks and raises pressure on South Africa

Siphelele Dludla|Published

Brent crude oil prices have surged past $110 per barrel due to escalating conflicts in the Middle East, raising concerns about supply disruptions and their economic ...

Interest rate cut expectations wane as geopolitical tensions rise

Ashley Lechman|Published

As geopolitical tensions rise and oil prices soar, South Africa's interest rate outlook shifts dramatically. Discover why expectations for cuts have vanished and ...

Avoid panic-buying: Fuel supply in South Africa is secure, says DMPR

Yogashen Pillay|Published

Despite recent panic over fuel shortages and price increases, the DMPR assures South Africans that fuel supply remains stable and encourages normal purchasing behaviour. ...

Beyond the badge: why experience will define automotive loyalty in South Africa

Liezel Jonkheid|Published

The rise of Chinese and Indian automotive brands in South Africa is reshaping the market landscape. As these brands offer feature-rich SUVs at competitive prices, ...

Data breaches in South Africa occur every three hours, with 90% deemed preventable

Ashley Lechman|Published

In a country where data breaches now strike every three hours, the pressing need for robust cybersecurity measures has never been clearer. With 90% of these breaches ...

Impending fuel price surge to hit South African households hard

Ashley Lechman|Published

As global events continue to influence local economics, understanding how to navigate these turbulent waters may be the difference between financial stability and ...

Economic growth strategies: Insights from Chile, Poland, India, Germany, and Argentina

Yogashen Pillay|Published

Discover how South Africa can learn from the economic reform experiences of five diverse countries, as highlighted in a new Bureau for Economic Research study. This ...