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Business

Red tape and capital flight: Bureaucracy undermines SA’s economic future
Thought Leader
/ 15 April 2025

Red tape and capital flight: Bureaucracy undermines SA’s economic future

Practical economic strategies are needed to change the regulations that hobble entrepreneurship and result in funds leaving the country

By Yonela Faba
South Africa needs more factories, but malls carry less risk for investors
Business
/ 10 April 2025

South Africa needs more factories, but malls carry less risk for investors

All areas of economic activity in the country have high levels of underinvestment, particularly infrastructure

By Lyse Comins
Botswana lifts ban on fresh produce from South Africa
Business
/ 10 April 2025

Botswana lifts ban on fresh produce from South Africa

The phased removal of the ban comes after the neighbouring country struggled to meet local demand for vegetables

By Aarti Bhana
Treasury reassures private sector over National Health Insurance fears
Business
/ 7 April 2025

Treasury reassures private sector over National Health Insurance fears

The private healthcare sector and medical aid schemes have warned that, if they are excluded, it would damage the entire system

By Aarti Bhana
SA investors bemoan the millions they have lost in OrbVest
Business
/ 4 April 2025

SA investors bemoan the millions they have lost in OrbVest

The real estate financial services provider says it has recorded strong returns – but losses were incurred in its US medical properties

By Lyse Comins
Financial institutions told to improve complaint processes as consumer regret grows
Business
/ 1 April 2025

Financial institutions told to improve complaint processes as consumer regret grows

A new study by the Financial Sector Conduct Authority reveals that 67% of customers surveyed expressed buyer’s remorse

By Lyse Comins
How to boost your business credit using alternative funding strategies
Thought Leader
/ 26 March 2025

How to boost your business credit using alternative funding strategies

There are ways for start-ups and small and medium enterprises to avoid financing problems

By Altesh Baijoo
South Africa’s new R15bn city square opens near Durban
Business
/ 24 March 2025

South Africa’s new R15bn city square opens near Durban

The completion of Westown Square marks a milestone in the development of the new urban mixed use development in KwaZulu-Natal

By Lyse Comins
Reserve Bank holds interest rate at 7.5%
Business
/ 20 March 2025

Reserve Bank holds interest rate at 7.5%

The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front

By Aarti Bhana
Consumer inflation unchanged at 3.2% in February
Business
/ 19 March 2025

Consumer inflation unchanged at 3.2% in February

With inflationary pressures heightened, the Reserve Bank might take a cautionary approach regarding its interest rate decision on Thursday

By Aarti Bhana
Durban Port developments gather momentum
Business
/ 18 March 2025

Durban Port developments gather momentum

New container terminals, expansion of the car terminal and a waterfront development are on the cards

By Lyse Comins
BHI Trust Ponzi fraud accused walk free — for now
Business
/ 17 March 2025

BHI Trust Ponzi fraud accused walk free — for now

The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution

By Lyse Comins
‘We can’t cut our household budgets any more’: Strapped South Africans lambast VAT hike
Business
/ 15 March 2025

‘We can’t cut our household budgets any more’: Strapped South Africans lambast VAT hike

Consumers are angry that the government is treating them like a cash cow instead of fighting corruption and improving its fiscal discipline

By Lyse Comins
Godongwana: We looked at every alternative to VAT hike
Business
/ 12 March 2025

Godongwana: We looked at every alternative to VAT hike

The finance minister suggests that much of the opposition wrangling is part of a broader political battle

By Emsie Ferreira
Godongwana clings to VAT increase but halves initial proposal
Business
/ 12 March 2025

Godongwana clings to VAT increase but halves initial proposal

The minister conceded that the measure did not have support across the political spectrum

By Emsie Ferreira
No bailouts for struggling parastatals such as Eskom, Transnet,  treasury insists
Business
/ 12 March 2025

No bailouts for struggling parastatals such as Eskom, Transnet,  treasury insists

In its budget review, the treasury flagged Transnet’s high debt levels, saying it needs to make faster progress on its plan to improve operations and finances

By Aarti Bhana
No allocations for Pepfar in health budget
Business
/ 12 March 2025

No allocations for Pepfar in health budget

The recent termination of USAid to HIV/Aids and TB organisations in South Africa was a bone of contention in the 2025 budget

By Aarti Bhana
YOA Cable launches biggest optical fibre plant in Africa
Business
/ 12 March 2025

YOA Cable launches biggest optical fibre plant in Africa

The new factory at Dube TradePort near Durban will supply the continent with cable to meet the growing demand for high-speed internet connectivity

By Lyse Comins
WATCH LIVE: Godongwana delivers Budget Speech
Business
/ 12 March 2025

WATCH LIVE: Godongwana delivers Budget Speech

Finance Minister Enoch Godongwana is expected to deliver the budget speech after it was postponed last month due to a lack of consensus among cabinet ministers in the government of national unity.

By Staff Reporter
Rising debt, inefficiencies are draining South Africa’s fiscus, finance committees say
Business
/ 10 March 2025

Rising debt, inefficiencies are draining South Africa’s fiscus, finance committees say

The chairs of parliament’s finance committees say the country is on a fiscal cliff and the minister has to make difficult choices in his budget this week

By Aarti Bhana
Government must commit to allocating funds for healthcare, health experts say
Business
/ 9 March 2025

Government must commit to allocating funds for healthcare, health experts say

The US cutting aid to South Africa has caused large job losses at a number of treatment centre

By Aarti Bhana
Cabinet says it has reached an agreement on budget
Business
/ 4 March 2025

Cabinet says it has reached an agreement on budget

The finance minister now has to choose from several options presented by a task team to draw up a budget

By Mandisa Nyathi
South Africa’s economy expands by 0.6% in fourth quarter of 2024
Business
/ 4 March 2025

South Africa’s economy expands by 0.6% in fourth quarter of 2024

The agriculture sector was up 17.2% and was the largest contributor to GDP growth during the period

By Aarti Bhana
Non-registered food-handling businesses risk fines, arrests and closures, government reiterates
Business
/ 28 February 2025

Non-registered food-handling businesses risk fines, arrests and closures, government reiterates

Friday is the last day for such outlets, including spaza shops, to register in line with a government directive issued after children’s deaths from contaminated food

By Aarti Bhana
Transnet takes delivery of R892m of cargo equipment at Port of Durban
Business
/ 28 February 2025

Transnet takes delivery of R892m of cargo equipment at Port of Durban

The new rubber-tyred gantry cranes and straddle carriers will boost efficiency at the port, Transnet chief executive Michelle Phillips said

By Lyse Comins
Consumer inflation ticks up for third straight month as Stats SA adjusts basket
Business
/ 26 February 2025

Consumer inflation ticks up for third straight month as Stats SA adjusts basket

The South African Reserve Bank has warned of an upside risk to the inflation outlook

By MG Reporter
Unemployment rate eases to 31.9% as four industries add jobs
Business
/ 18 February 2025

Unemployment rate eases to 31.9% as four industries add jobs

This marks the second consecutive drop in the jobless rate, and the lowest since the third quarter of 2023

By Aarti Bhana
South Africa could be ‘sacrificial lamb’ in Trump’s trade war
Business
/ 7 February 2025

South Africa could be ‘sacrificial lamb’ in Trump’s trade war

The country faces a deepened risk of being kicked out of the African Growth and Opportunity Act trade pact

By Lyse Comins
Sona: South Africa is ready for growth and investment
Business
/ 6 February 2025

Sona: South Africa is ready for growth and investment

The president said the focus was on investment in infrastructure for transport systems, reforming state-owned entities, fixing water and sanitation, the green economy and energy

By Lyse Comins
South African consumers are getting poorer
Business
/ 4 February 2025

South African consumers are getting poorer

Salary increases are simply not keeping up with inflation, a new report shows

By Lyse Comins
‘Expropriation Act will create development opportunities’
Business
/ 3 February 2025

‘Expropriation Act will create development opportunities’

Developers believe the new legislation could stimulate economic activity

By Lyse Comins
Survey shows food prices soaring above headline inflation
Business
/ 2 February 2025

Survey shows food prices soaring above headline inflation

National minimum wage earners can’t afford sufficient nutritious food to feed their families

By Lyse Comins
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