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 …
South Africa
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BankingBusinessCompetition LawFinanceRegulationSouth Africa
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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 …
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EconomyFinancePublic HealthPublic PolicySouth AfricaTaxation
South Africans Urged to Take Note of Medical Tax Claims
As South Africans continue with the 2025 tax season, new details have emerged about how taxpayers can benefit from medical tax claims beyond the usual medical aid credits. Many citizens …
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AviationBusinessEconomyINVESTMENTSouth AfricaTransportation
Mango Airlines Faces Final Shutdown as Rescue Deal Collapses
Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …
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BusinessBusiness PoliciesLegal AffairsMobile AppsNewsSouth AfricaTechnology
Truecaller Under Investigation in South Africa Over Privacy Law Breach Complaints
The Information Regulator of South Africa has confirmed that it is investigating mobile app Truecaller after several companies and individuals complained that the service violated the country’s Protection of Personal …
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BusinessCurrencyEconomyFinanceMarketsRetailSales StrategySouth AfricaStock Market
South African Rand Strengthens on Higher Business Confidence and Retail Sales Growth
The South African rand gained further ground on Wednesday, helped by a weaker U.S. dollar and positive local economic data showing improved business confidence and retail sales growth. By mid-afternoon, …
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African AffairsBankingBusinessCorporate GovernanceFinanceMarketsSouth AfricaStock Market
Standard Bank to See Leadership Change in 2027
Standard Bank Group, Africa’s biggest bank by assets, has confirmed that its Chief Executive Officer, Sim Tshabalala, and Chief Financial Officer, Arno Daehnke, will step down from their roles by …