Business

Treasury says freezing R13.5bn for 69 municipalities should not disrupt services

Abandoned infrastructure, such as the ill-fated Water World project in KuGompo City, are a hallmark of financially mismanaged municipalities.... Read more

9 Jul

Business

97-year-old South African retailer stages comeback with 50 new stores

Cape Town – After spending the past three years downsizing following its 2020 business rescue, Edgars is shifting back... Read more

8 Jul

Business

‘The clothing industry is being hammered from all sides’

Raids on clothing factories in KwaZulu-Natal and low prices offered by retailers are putting the industry under pressure. Illustration:... Read more

8 Jul

Business

Here is where Africa’s richest man is building his next oil giant – and why

Lagos – Africa’s richest man, Aliko Dangote, will build a 700,000-barrels per day east African oil refinery in Lamu... Read more

8 Jul

Business

Good news for motorists: Here’s how much petrol and diesel prices could drop in August

Cape Town – South African motorists could be in line for another round of fuel price cuts in August... Read more

8 Jul

Business

National grid restored after blackout plunges Zimbabwe into darkness

Bulawayo – Zimbabwe has restored electricity to most of the country after a nationwide blackout, with crews still working... Read more

8 Jul

Business

South Africa’s fuel market set for shake-up as ADNOC Distribution expands

Cape Town – United Arab Emirates’ state-owned fuel retailer, Abu Dhabi National Oil Company (ADNOC) Distribution, is expanding into... Read more

7 Jul

Business

South Africa freezes funding for Johannesburg, dozens of municipalities

Johannesburg – South Africa’s National Treasury said on Tuesday it would withhold funding from more than a quarter of... Read more

7 Jul

Business

Billionaire Johann Rupert helps 24,000 South Africans become homeowners

Cape Town – Billionaire Johann Rupert has recapitalised the Khaya Lam project through the Reinet Foundation and Remgro, helping... Read more

6 Jul

Business

Global tech giants are investing billions in South Africa’s digital future – Ramaphosa

Johannesburg – President Cyril Ramaphosa says South Africa is emerging as a leading digital investment destination, with major commitments from... Read more

6 Jul