How inflated costs can lead to tax fraud: insights from a recent court ruling

Willem J Oberholzer|Published

This article explores a recent South African Tax Court ruling that underscores the importance of substantiating business expenses. It details how inflated costs ...

South Africa's last manganese smelter went dark

Edward West|Published

Transalloys, South Africa's last manganese smelter, has ceased production, jeopardising 600 jobs and 7,000 downstream livelihoods. Chief executive Konstantin Sadovnik ...

Business Unity South Africa calls for urgent reform of the Unemployment Insurance Fund

Edward West|Published

Business Unity South Africa (Busa) has joined trade unions in demanding urgent reforms and a forensic investigation into the Unemployment Insurance Fund, citing ...

SADC faces unprecedented decline in aid: A call for economic transformation

Edward West|Published

The Southern African Development Community (SADC) faces a significant decline in aid, prompting Finance Minister Enoch Godongwana to advocate for structural transformation ...

Tiger Brands strengthens local agriculture as Oros sources all oranges from South African growers

Ashley Lechman|Published

Tiger Brands has sourced every orange needed for Oros from South African growers for the second consecutive season, strengthening local agriculture and reducing ...

Meet Penny, the AI assistant from Pick n Pay's asap! that you can speak to

Edward West|Published

Pick n Pay is set to launch Penny, a groundbreaking AI-powered grocery shopping assistant, enabling South African customers to shop conversationally and effortlessly ...

Young South Africans are buying homes alone, new data shows

Gavin Lomberg|Published

Young South Africans under 35 are increasingly purchasing homes as single applicants, according to ooba Home Loans data, signalling a shift towards earlier homeownership ...

FSCA provisionally withdraws Mixirite licence over client risk concerns

Dieketseng Maleke|Published

The Financial Sector Conduct Authority (FSCA) has provisionally withdrawn the financial services provider licence of Mixirite (Pty) Ltd, citing concerns over alleged ...

Executor loses bid to stop former housekeeper receiving R1.9 million retirement fund payout

Dieketseng Maleke|Published

A former housekeeper who worked for her employer for 31 years has secured a R1.9 million retirement fund death benefit after the Pension Funds Adjudicator dismissed ...

Vehicle market defies economic odds with record sales in June

Edward West|Published

As South Africa's new vehicle market defies economic odds, record sales in June signal potential growth and optimism amidst ongoing challenges. Discover how shifting ...

South32 to sell aluminium assets to Alcoa for up to R91.1 billion

Edward West|Published

: South32 announces the sale of its aluminium assets, including the Hillside Smelter, to Alcoa Corporation for up to $5.6bn, aiming to reposition itself as a leading ...

Gold's resilience amid geopolitical tensions

Edward West|Published

Explore the World Gold Council's mid-year outlook on gold prices, examining the factors influencing its performance, including geopolitical tensions and market dynamics. ...

Shuka Minerals completes fifth drill hole at Kabwe Zinc Mine, Zambia

Edward West|Published

Shuka Minerals announces the completion of its fifth drill hole at the Kabwe Zinc Mine in Zambia, revealing promising results that exceed historical averages. CEO ...

Increase in complaints about online trading platforms highlights risks for consumers

Edward West|Published

The FAIS Ombud reports a significant rise in complaints regarding online trading platforms, revealing the risks consumers face in day trading and the challenges ...

Sars improves auto-assessments, but taxpayers warned to check carefully

Andre Bothma|Published

When the 2026 filing season opens tomorrow, millions of South Africans will receive a Sars auto-assessment based on data Sars already holds. Sars has enhanced parts ...

Vunani Capital Partners reports revenue growth after good growth from most of its investments

Edward West|Published

Vunani Capital Partners has reported an increase in revenue for the financial year ending February 28, despite a decline in overall profit. The company remains optimistic ...

Beat the boredom online: money safety tips for kids (and parents) these school holidays

Audrey Roberts|Published

With the school holidays now underway, South African parents are preparing for a familiar challenge – how to keep their kids safely entertained during long days ...

South32 to sell aluminium assets to Alcoa for R92.05 billion

Edward West|Published

South32 announces the sale of its aluminium value chain assets to Alcoa Corporation for an implied enterprise value of up to $5.6bn, marking a significant strategic ...

Navigating the challenges of homeownership amid rising deposit requirements

Bradd Bendall|Published

Despite rising deposit requirements and conservative lending practices, aspiring homeowners can still navigate the property market with careful planning and expert ...