Business - Page 3 of 994 News brought to you by South Africa's best read!

The budget-balancing act takes centre stage

Business Sarah Smit -

Finance Minister Tito Mboweni has the difficult task of kick-starting a stalled economy while also cutting on spending

Dreams of Covid recovery dashed by rising unemployment

Business Sarah Smit -

According to Statistics South Africa, the unemployment rate reached 32.5% in the last months of 2020 — the highest since the quarterly labour-force survey began

Amid the pandemic, green bonds are becoming trendy

Business Tshegofatso Mathe -

The Development Bank of Southern Africa plans to use the booming market to finance its climate projects and invest in infrastructure

Bitcoin’s crypto-nite wanes as illicit activity falls

Business Sarah Smit -

New research shows that there were fewer cryptocurrency-related crimes in 2020 — a bumper year for the digital asset. But the biggest scam originated in South Africa

The numbers don’t lie: Tito Mboweni must focus on the long game, experts say

Business Hannah Marais, Bonang Mohale & Nthabiseng Moleko -

Experts offer their advice about what Finance Minister Tito Mboweni should focus on in next week’s budget speech

Eskom makes proposals to protect the poor from power price hikes

Business Sarah Smit -

On Tuesday energy regulator Nersa announced that it would allow the ailing power utility to recover an additional R10-billion through tariffs.

Alternatives to cigarettes boost BAT results amid Covid-19 dip in demand

Business Emsie Ferreira -

The world’s number two tobacco company sees three million new consumers for its noncombustible options

‘Startling’ bounce-back for SA’s labour market — Nids-Cram survey

Business Sarah Smit -

A new data release shows that employment may have reached pre-Covid-19 levels. Still, many who’ve lost their jobs have not managed to get back to work

Small business owners closing shop and feeling the financial squeeze

Business Tshegofatso Mathe & Sarah Smit -

The hopes and dreams of many entrepreneurs have been dashed. We track some of the owners of SMMEs, who talk of losing everything they worked for

Health experts call for a 20% hike in sugar tax

Business Tshegofatso Mathe -

The levy has generated R5.4-billion in revenue since its inception two years ago, and an increase will help the fight against Covid-19

Eskom electricity hikes won’t shock SA’s battered economy — De Ruyter

Business Sarah Smit -

During a podcast discussion, the ailing power utility’s chief executive said there would be efforts to avoid further hurting distressed businesses

Money mistakes cause vicious debt cycle

Business Tshegofatso Mathe -

People earning up to R20 000 spend 60% of their salaries paying off arrears, a recent report reveals

Eskom will push up the price of electricity, even though its sales have been dwindling

Business Tshegofatso Mathe -

The law of demand says that the higher the price of a good is, the less people will demand it. But Eskom, sales of electricity have been dropping, yet the utility wants consumers to even pay more for its good

‘Localisation, localisation, localisation’: Ramaphosa delivers a business-friendly Sona

Business Tshegofatso Mathe -

The president’s focus is on fixing the economy — infrastructure build and local manufacturing are two priority areas

Sona 2021: Ramaphosa’s energy promises are finally catching up to renewable targets

Business Emsie Ferreira -

The president’s latest energy commitments were meant to have been met years ago, but he struggled to get Gwede Mantashe on board

GameStop rally crash calms JSE

Business Siqalane Taho -

The equities rally has come crashing down, along with fears of contagion on the JSE after large-scale sell-offs by investors

Streaming killed the Musica star

Business Tshegofatso Mathe -

The rise of music platforms such as Spotify spelled the end for the last music chain store standing, but music enthusiasts say vinyl isn’t dead yet

Covid caution infects investors

Business Sarah Smit -

The pandemic has forced some companies to cancel or pause capital expenditure, jeopardising long-term economic growth

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