Businesses must demonstrate resilience amid local systemic challenges to attract foreign investment
R8.5 billion payday for Pick n Pay after listing
The national carrier emerged from business rescue in 2021 and reported its first profit in more than a decade
Although economic conditions have improved, consumers are still grappling with the high cost of living and joblessness
Africa’s biggest pay-TV operator is battling subscriber loss, inflation in key markets, and competition from online entertainment leaders
A 2020 study found that the cost incurred by provincial and national governments from alcohol abuse was R17 billion
This comes as inflation cooled to 2.8% in October, below the Reserve Bank’s 3% to 6% target band
Consumers using these meters must re-code them by Sunday 24 November
Data from Statistics South Africa showed that the CPI annual rate braked to 2.8% – a four-year low
Canned pilchards linked to rejected imports have been uncovered during a police raid in Gauteng, sparking Oceana and Woolworths investigations
What is expected to be the second cut in an interest rate easing cycle would bring relief to consumers ahead of the festive season
Mondials remain the most popular and profitable variety of potato in South Africa but Up-to-Dates are slowly losing favour with farmers
The Financial Sector Conduct Authority has said the online trading platform’s licence remains withdrawn despite a recent court ruling
The jobless rate is down from the two-year high of 33.5% recorded in the second quarter
The grant budget is to be cut by R20 billion but it is unclear how the numbers will add up
Some of the investors who sunk millions into the pyramid scheme have been told that the fraud cases they opened have been closed
Half of the participants in the Taxing Times survey still find compliance with tax obligations difficult
Experts say the banking system is as advanced as that in Europe but its antiquated infrastructure is difficult to modernise
The satellite service continues to disrupt the continent’s traditional internet market
Citizens and local companies are stashing cash abroad as protection from the volatility of a weakened rand
Consumers who bought fuel at a petrol station later saw their accounts debited multiple times for the same transaction in an apparent ‘system error’
Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space
The funds have been allocated to the departments of justice and international relations to cover their costs in bringing the case before the International Court of Justice
The treasury also did not allocate new funds to other struggling state-owned entities such as Denel, Transnet, the Land Bank and the South African National Roads Agency
Instead, Finance Minister Enoch Godongwana promised steps to ease the requirements for public-private partnerships
An amount of R11 billion will be set aside to allow people early exit from public service
Finance Minister Enoch Godongwana has doubled down on the government’s fiscal consolidation efforts by reducing spending from 28.6% of GDP in the 2023-24 financial year to 27.6% in 2024-25. This largely reflects measures implemented in recent years and slower growth projected in non-interest expenditure relative to GDP, the treasury said in its medium-term budget policy […]
According to The Other Foundation’s latest report, this showcases economic resilience and growth
The governor of the central bank mulls targets as inflation drops
This is the lowest reading for inflation in South Africa since April 2021
The payTV giant is facing a steep decline in subscribers, falling by nearly half a million
He leaves a legacy as a champion of labour rights, fiscal and monetary reform and prudent government spending