Steinhoff forfeits R6. 3bn to settle long-standing battle with SA Reserve Bank

Nicola Mawson|Published

In a statement released on Thursday, the central bank said that it and Ibex Group had resolved all the disputes between the two parties in a “comprehensive settlement”. ...

South Africa continues to press the US for trade deal, says Parks Tau

Banele Ginindza|Published

South Africa is actively engaging with the US to secure a vital trade deal, having submitted the Framework Deal in May and signed a key document with the US Trade ...

GEPF concerned about mismanagement allegations at GPAA amid tech challenges

Siphelele Dludla|Published

Unfolding allegations of financial malpractice at the GPAA have raised significant concerns over the stewardship of South Africa's largest pension fund, prompting ...

JSE marks 100 000 points on FTSE/JSE All Share Index in historic achievement

Siphelele Dludla|Published

The JSE has ascended to a historic 100 000 points on the FTSE/JSE All Share Index—a journey of resilience, innovation, and capital market triumph, shaping South ...

Sarb poised for rates cut despite inflation tickin up to 4-month high

Siphelele Dludla|Published

As inflation sees a slight uptick in South Africa, the Reserve Bank weighs further interest rate cuts. Analysts predict a potential 25 basis point decrease at next ...

Venture capital sector hits R13. 35bn with tech and health leading investment activity

Philippa Larkin|Published

Discover how Southern Africa's venture capital sector defied global economic challenges to achieve a record R13. 35 billion in investments. What does this mean for ...

Industry players welcome updated naming rules for plant-based meat analogue products

Philippa Larkin|Published

The Department of Agriculture has introduced new labelling regulations for plant-based meat alternatives, a move celebrated by industry leaders LIVEKINDLY Collective ...

Consumer inflation rises to 4-month high as beef prices drive food price surge

Siphelele Dludla|Published

South Africa's latest inflation figures reveal a worrying trend as food prices surge, particularly beef.

Auditor-General highlights rampant R1bn irregular expenditure in Johannesburg

Banele Ginindza|Published

Johannesburg is at the centre of an irregular expenditure scandal, with over R1 billion in contracts awarded amidst accusations of corruption. The Auditor General ...

Sanral secures R7bn loan with BRICS bank to enhance key economic corridors

Siphelele Dludla|Published

In a significant step towards advancing South Africa’s infrastructure, Sanral finalises a R7 billion loan agreement to enhance vital transport routes. Discover how ...

91% of new renewable projects now cheaper than fossil fuels alternatives - Irena

Philippa Larkin|Published

A new Irena report shows that renewable energy projects are significantly cheaper than fossil fuels, with 91% of new projects offering cost advantages that could ...

Neasa doubles down on opposition to Employment Equity quotas

Philippa Larkin|Published

Neasa's bold move against Employment Equity quotas could reshape the future of workplace regulations in South Africa, as they challenge the government's approach ...

Steenhuisen calls for a robust strategy to combat Foot and Mouth Disease outbreak

Siphelele Dludla|Published

As South Africa endeavours to reform its approach to combating Foot and Mouth Disease, the stakes for its agricultural sector—and food security at large—have never ...

South African SMEs brace for impact as Trump tariffs loom

Ashley Lechman|Published

With the looming threat of US tariffs on South African exports, SMEs face an uncertain future. Explore the ripple effects of these economic changes and how businesses ...

South Africa reassures on trade ties with Russia amidst looming US tariffs

Siphelele Dludla|Published

As tensions rise over US tariffs on Russian imports, South Africa reassures its trading community about its ties with Russia, revealing potential opportunities amidst ...

G20 Finance Ministers commit to policy cooperation for global prosperity

Yogashen Pillay|Published

The third meeting of the G20 Finance Ministers and Central Bank Governors in Durban focused on international policy cooperation, addressing global economic challenges, ...

KZN agricultural union urges disaster declaration as foot and mouth disease spreads

Yogashen Pillay|Published

Kwanalu has called for KwaZulu-Natal to be declared a disaster area as the Foot and Mouth Disease outbreak escalates, threatening the livelihoods of farmers across ...

All Eyes on SA Reserve Bank: What to expect from July’s MPC meeting

Ashley Lechman|Published

If the MPC bases its decision purely on data, the country could enjoy a rate cut, however, many other factors are at play which could see interest rates remaining ...

G20 Finance Track meetings highlight global economic challenges

Yogashen Pillay|Published

As the G20 Finance Track meetings conclude in South Africa, leaders address the pressing economic challenges facing developing nations amid global uncertainty.