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Business

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
‘Tax is unlikely to deter drinkers’
Business
/ 1 February 2025

‘Tax is unlikely to deter drinkers’

The treasury wants to raise taxes on alcoholic beverages and set a minimum price per unit

By Aarti Bhana
Eskom gets the nod for double-digit tariff rises
Business
/ 31 January 2025

Eskom gets the nod for double-digit tariff rises

The energy regulator has approved price increases for the power utility for the next three years

By Lyse Comins
Reserve Bank cuts repo rate to 7.5%
Business
/ 30 January 2025

Reserve Bank cuts repo rate to 7.5%

This was despite the central bank highlighting upside risks to the inflation outlook

By Aarti Bhana
Reserve Bank expected to cut rates by 25 basis points this week
Business
/ 27 January 2025

Reserve Bank expected to cut rates by 25 basis points this week

A third consecutive interest rate cut will help stimulate the economy, but the central bank will also be cautious about inflation pressures

By Aarti Bhana
No services, no jobs, as businesses flee Free State municipality
Business
/ 24 January 2025

No services, no jobs, as businesses flee Free State municipality

Wrangling in the ANC, incompetence and corruption have brought the council close to collapse

By Lunga Mzangwe
Dube TradePort renews CEO’s contract, after claims of political interference
Business
/ 23 January 2025

Dube TradePort renews CEO’s contract, after claims of political interference

Former KwaZulu-Natal MEC Siboniso Duma was previously accused of planning to axe Hamish Erskine but denied it

By Lyse Comins
Inflation edges up to 3% in December
Business
/ 22 January 2025

Inflation edges up to 3% in December

Economists expect 2025 inflation to average at 4.5%

By Aarti Bhana
Economy 2025: A GNU hope, but ports, rail and water crisis likely to hinder growth
Business
/ 19 January 2025

Economy 2025: A GNU hope, but ports, rail and water crisis likely to hinder growth

The country’s ports and rail systems are shambolic, but GNU and a pause in load-shedding have elicited some optimism

By Aarti Bhana
Moderate food price inflation expected in 2025
Business
/ 19 January 2025

Moderate food price inflation expected in 2025

Experts speculate that bumper summer crops and lower fuel costs will help keep increases in check

By Lyse Comins
Ithala faces liquidation amid insolvency concerns
Business
/ 17 January 2025

Ithala faces liquidation amid insolvency concerns

Ithala’s provisional liquidation may result in the closure of 257 000 depositors’ accounts while legal proceedings are under way

By Aarti Bhana
SA’s World Economic Forum team optimistic about economic growth
Business
/ 16 January 2025

SA’s World Economic Forum team optimistic about economic growth

The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says

By Aarti Bhana
‘Slight uptick’ in property market expected in 2025
Business
/ 16 January 2025

‘Slight uptick’ in property market expected in 2025

But a parallel housing crisis in the affordable segment must be tackled by government and developers alike, say analysts

By Lyse Comins
Competition Commission uncovers fresh produce oligopoly
Business
/ 13 January 2025

Competition Commission uncovers fresh produce oligopoly

The commission has called for large property owners to make space for emerging greengrocers in malls

By Lyse Comins
Experts say AI will fuel cybercrime attacks in 2025
Business
/ 13 January 2025

Experts say AI will fuel cybercrime attacks in 2025

Artificial intelligence is a potent ‘always-on’ weapon that can assist in criminal attacks

By Lyse Comins
Dip in tractor sales reflects past challenges, but SA’s agricultural outlook remains optimistic
Business
/ 13 January 2025

Dip in tractor sales reflects past challenges, but SA’s agricultural outlook remains optimistic

Tractor sales dropped 24% in November 2024, reflecting financial pressures and past drought impacts, but analysts remain optimistic about the 2024-25 farming season

By Wandile Sihlobo
KZN records bumper festive season despite E.Coli fears
Business
/ 9 January 2025

KZN records bumper festive season despite E.Coli fears

Preliminary economic projections showed 80% occupancy at Durban hotels in December and 75% between 1 and 5 January

By Lyse Comins
Newcastle reels as ArcelorMittal SA’s steel factory closure looms
Business
/ 8 January 2025

Newcastle reels as ArcelorMittal SA’s steel factory closure looms

Thousands of jobs are on the line, and the ripple effects are expected to devastate livelihoods, businesses and the town’s broader economy

By Khethukuthula Xulu
Personal finance: sustainable budgeting tips to stretch your money in 2025
Business
/ 2 January 2025

Personal finance: sustainable budgeting tips to stretch your money in 2025

Consumers should spend cautiously, despite the positive outlook for the year

By Aarti Bhana
Petrol and diesel prices set to rise for third straight month from 1 January
Business
/ 31 December 2024

Petrol and diesel prices set to rise for third straight month from 1 January

The department of mineral and petroleum resources cited a higher crude oil price and a weaker rand

By MG Reporter
Christmas dinner just got a bit bigger as prices dip
Business
/ 24 December 2024

Christmas dinner just got a bit bigger as prices dip

The cost of a food basket, which includes staples, from rice to chicken packs and vegetables, is cheaper than it was last year

By Aarti Bhana
Q&A: Can gender bonds unlock Africa’s potential?
Business
/ 23 December 2024

Q&A: Can gender bonds unlock Africa’s potential?

Proponents claim that gender bonds represent a powerful tool for addressing gender inequality and unlocking Africa’s economic potential

By Lesego Chepape
Side-effects of medical aids in 2025
Business
/ 22 December 2024

Side-effects of medical aids in 2025

With sharp price hikes and trimmed benefits, consumers must read the fine print carefully

By Lyse Comins
Eskom posts a R25.5 billion loss
Business
/ 19 December 2024

Eskom posts a R25.5 billion loss

The power utility expects to return to profitability in the current financial year but says consumers must pay ‘cost-reflective tariffs’

By Lyse Comins
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