Rentals across South Africa have risen to their highest level in eight years, bringing good news for landlords recovering from years of low or negative returns following the COVID-19 pandemic. …
South Africa
-
EconomyINVESTMENTMarketsReal EstateSouth Africa
-
EconomyLabourPoliciesSouth Africa
BLSA CEO Busisiwe Mavuso Slams Transnet’s Wage Hikes Amid Economic Struggles
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has voiced strong criticism over Transnet’s recent wage increase deal, warning that it sends the wrong message to South African businesses already …
-
EconomyEnergyInfrastructureINVESTMENTSouth Africa
Mulilo Renewable Energy: South Africa’s Rising Force in Clean Power and Battery Storage
Cape Town, South Africa — Just two years after securing a massive $200 million investment from Copenhagen Infrastructure Partners (CIP), a relatively little-known South African company, Mulilo Renewable Energy Ltd., …
-
AfricaEconomyMarketsNewsSouth Africa
South African Rand Weakens as Israel-Iran Conflict Spooks Global Markets
The South African rand slipped slightly on Tuesday morning as global investors became more cautious, with ongoing tensions in the Middle East continuing to shake financial markets. As of 06:26 …
-
EconomyMarketsSouth AfricaTrade and Commerce
Rand Weakens Sharply as Middle East Tensions Trigger Global Market Jitters
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
-
EconomyMarketsNewsSouth Africa
South African Rand Firms Slightly Ahead of Mining Output Data Release
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
-
AfricaBusinessEconomyManufacturing & Consumer GoodsMarketsSouth Africa
MR.DIY Opens First South African Store at Menlyn Mall, Pretoria
Malaysia’s largest home improvement retailer, MR.DIY, has officially entered the South African market with the opening of its flagship store at Menlyn Mall in Pretoria. The new outlet, which opened …
-
BusinessEconomyINVESTMENTPoliciesSouth AfricaTrade and Commerce
South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …
-
AFRICA NEWSELECTRICITYSouth Africa
Severe cold front brings widespread disruption across South Africa.
A very strong cold front has hit parts of South Africa since the weekend, bringing with it heavy snowfall, powerful winds, and rain that caused serious damage in many communities. …
-
BusinessDevelopmentInfrastructureMarketsNewsSouth AfricaTelecommunications
Telkom Resumes Dividend After Four-Year Break as Profit Surges 62%.
South African telecommunications giant Telkom has returned to the dividend table after a four-year hiatus, following a strong performance that saw full-year headline earnings jump by 62.3%. The company, which …