The treasury wants to raise taxes on alcoholic beverages and set a minimum price per unit
The energy regulator has approved price increases for the power utility for the next three years
This was despite the central bank highlighting upside risks to the inflation outlook
A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures
Wrangling in the ANC, incompetence and corruption have brought the council close to collapse
Former KwaZulu-Natal MEC Siboniso Duma was previously accused of planning to axe Hamish Erskine but denied it
Economists expect 2025 inflation to average at 4.5%
The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism
Experts speculate that bumper summer crops and lower fuel costs will help keep increases in check
Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way
The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says
But a parallel housing crisis in the affordable segment must be tackled by government and developers alike, say analysts
The commission has called for large property owners to make space for emerging greengrocers in malls
Artificial intelligence is a potent ‘always-on’ weapon that can assist in criminal attacks
Tractor sales dropped 24% in November 2024, reflecting financial pressures and past drought impacts, but analysts remain optimistic about the 2024-25 farming season
Preliminary economic projections showed 80% occupancy at Durban hotels in December and 75% between 1 and 5 January
Thousands of jobs are on the line, and the ripple effects are expected to devastate livelihoods, businesses and the town’s broader economy
Consumers should spend cautiously, despite the positive outlook for the year
The department of mineral and petroleum resources cited a higher crude oil price and a weaker rand
The cost of a food basket, which includes staples, from rice to chicken packs and vegetables, is cheaper than it was last year
Proponents claim that gender bonds represent a powerful tool for addressing gender inequality and unlocking Africa’s economic potential
With sharp price hikes and trimmed benefits, consumers must read the fine print carefully
The power utility expects to return to profitability in the current financial year but says consumers must pay ‘cost-reflective tariffs’
Making sure the sector is regulated and adheres to health legislation is going to require more government action, minister says
Between them, the two woman owners have endured illness, riots and repeated arson — only to get up and rebuild, bigger and better
Analysts expect GDP growth to be 1.5% to 2% in the coming year, which will is also likely to see further interest rate cuts
Aggressive pricing and marketing strategies employed by Chinese producers have put the local industry under pressure
Annual consumer inflation edged up slightly to 2.9% from 2.8% in October
Amid rising imports and operational hurdles, the steel producer announces layoffs while the government’s long-term strategy remains unclear
The cost of coffee in South Africa has jumped since the beginning of the year and looks set to continue rising
The focus would also be on Africa’s high debt levels, financing the just energy transition and the strategic use of critical minerals
Economists incorrectly predicted a slight uptick in GDP