The South African rand traded flat against the U.S. dollar on Tuesday, extending a two-week stretch of stability as investors kept watch for domestic economic triggers. By 8:15 GMT, the …
South Africa
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EconomyForeign ExchangeINVESTMENTSouth Africa
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Business InsightsEconomyEnergyGovernment PolicyInfrastructureSouth Africa
Eskom Promises End to Load Shedding in South Africa Until March 2026
South Africa’s electricity utility, Eskom, has announced that the country will not experience load shedding throughout the coming summer. This means from September 2025 until the end of March 2026, …
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GovernanceLeadershipPoliticsSouth Africa
Tshwane Mayor Moya Defends Against DA’s Unlawful Payment Claims
Tshwane Mayor, Nasiphi Moya, has strongly defended herself against claims by the Democratic Alliance (DA) that she unlawfully benefitted from a payment made by the city. The payment in question, …
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G20InequalityPoliticsSouth Africa
Ramaphosa Launches G20 Task Force to Address Global Wealth Inequality
President Cyril Ramaphosa on Thursday launched a G20 experts task force aimed at examining global wealth inequality and its impact on growth, poverty, and multilateralism. This marks the first initiative …
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BusinessEconomyEnergyPublic UtilitiesRegulationSouth Africa
Eskom Settlement with Nersa Triggers R54bn Extra Costs
South Africans will have to pay more for electricity after the National Energy Regulator of South Africa (Nersa) admitted to making mistakes in calculating Eskom’s revenue for the coming years. …
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BankingBusinessCompetition LawFinanceRegulationSouth Africa
Tribunal Orders Toyota, WesBank to Pay R30m for Collusion
South Africa’s Competition Tribunal has confirmed settlement agreements involving WesBank, FirstRand, and subsidiaries of Toyota, over allegations of uncompetitive behaviour in the country’s vehicle financing sector. The companies will pay …
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DemographicsEconomyGovernancePopulationResearchSouth Africa
SA’s Population to Hit 63.9 Million by Mid-2025
The Bureau of Market Research (BMR) has released new projections showing that South Africa’s population will reach 63.9 million by the middle of 2025, providing an updated view on the …
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Business and EconomyCorporate GovernanceFinanceINVESTMENTPropertySouth Africa
RMH, Atterbury Clash Over Strategy as Director Removed
RMB Holdings (RMH) has announced that one of its representatives, Brian Roberts, has been removed as a director of Atterbury Property (Pty) Ltd, exposing the deepening rift between the South …
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EconomyLaw and JusticePoliticsPublic PolicySouth Africa
Cape Town faces new court case over property-linked tariffs
The City of Cape Town in South Africa is heading for another major legal battle as its new tariff structure for water, sanitation, and city cleaning services comes under fresh …
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BusinessDigital EconomyFinancial InclusionInfrastructureINVESTMENTNewsSouth Africa
Africa Data Centres Secures Level One B-BBEE Status, Driving Inclusive Growth in South Africa’s Digital Economy
Africa Data Centres, a subsidiary of Cassava Technologies, has achieved a major milestone after being awarded a Level One B-BBEE (Broad-Based Black Economic Empowerment) certification in South Africa. This is …