April 16
South Africa: Public Sector Unions Want to Strike Over Latest 4.7 Percent Pay Rise Offer
The government's offer to increase the pay of public servants has been rejected by several trade unions as too low. They say it is below the projected consumer inflation rate. Read more »
South Africa: Pick N Pay 'Destroyed Me' - Retailer's Original Black Franchisee Describes Eight Years of 'Torture'
But George Senosha, who no longer has an income, says he isn't going down without a fight. Read more »
South Africa: The EFF's Floyd Shivambu As Finance Minister Would 'Really Spook the Markets'
Although it seems highly unlikely that the EFF deputy president will become finance minister, South Africa would take a financial knock if he did. Read more »
South Africa: Investment As Gambling - Financial Nihilism and the Rise of Meme Stocks
Many young people have lost faith and are turning, with alarming recklessness, to increasingly risky financial behaviour. Read more »
South Africa: Job Promises for Unemployed Doctors After Kwazulu-Natal Protest
KwaZulu-Natal's doctors seeking job posts received some hope when the provincial health department finally relented and committed to advertising new posts. Read more »
April 08
South Africa: Keith Helfet, the Man Who Designed SA's Elusive Electric Car
The search for the Joule, South Africa's only electric car, led to a conversation with the legendary designer of some of the world's most beautiful sports cars, Keith Helfet. The… Read more »
South Africa: Shoprite Joins Group of Retailers Revamping Retail On a Global Scale
The W23 Global fund will pump $125m into start-ups aimed at addressing sustainability and transforming grocery retail. Read more »
April 07
South Africa: Mining Sector Seeks Next Breakthrough in Reducing Falls of Ground Fatalities
South Africa's mining sector is digging for further breakthroughs in reducing falls of ground deaths after a regression last year from a record low in 2022. Read more »
South Africa: Retirement Fund Managers Grow Offshore Exposure, but Local Is Still Lekker Too
Offshore allocations remain high, a survey shows, but some local sectors look promising. Read more »
April 08
South Africa: Fact Check - Was Former President Jacob Zuma Targeted in a Recent Car Accident?
On 28 March 2024, the car in which former president Jacob Zuma was travelling in KwaZulu-Natal was involved in an accident. Or was it? Misinformation on all sides has been swirling… Read more »
April 04
South Africa: 'If We Can Just Stop Taxi Violence' - Ricardo Mackenzie Reflects On His First Year As Western Cape Mobility MEC
It's been just over a year since the Western Cape Department of Mobility was launched, with MEC Ricardo Mackenzie in charge. During this time, the province has undergone a… Read more »
South Africa: Broadening a Mighty Range - The New Ford Ranger Tremor and Platinum
South Africa's bakkie-mad market has just got even more competitive with the launch of Ford SA's locally produced Ranger Tremor and upmarket Ranger Platinum. Read more »
South Africa: All Systems Go for Eskom Transmission Arm to Become a Separate Company
The unbundling of ailing state-run power utility Eskom into three entities has passed a major threshold. The National Transmission Company of South Africa has achieved all the… Read more »
Africa: Cheaper Down the Road - Total Cost of E-Buses Beats Diesel in the Long Run in South Africa - Study
A new report finds that a transition from diesel to battery-powered electric buses in South Africa's main cities can be justified purely on a financial basis, in most… Read more »
South Africa: Gauteng Commuters Cheer Prasa's Long-Awaited Reopening of Key Rail Lines
Almost four years after the destruction of the country's rail infrastructure, Prasa has been on a steady recovery path that has seen more crucial rail lines reopen. In Gauteng, 13… Read more »
South Africa: Diversifying and Investing Offshore Can Help Protect Investments
There will be times when the local market will do better than the US and times when the rand will strengthen against the dollar, so do not just chase last year's winner. Read more »
South Africa: Joburgers Remain the Nation's Biggest Spenders
Joburgers, Capetonians, and Durbanites are splurging at varying rates, with Cape Town leading the charge in increased spending on groceries, dining out, and travel. Read more »
Africa: Standard Chartered, Old Mutual Fintech Arms to Launch UAE Wealth Management Platform
The new wealth platform will be headquartered in the UAE, the Middle East's financial hub, providing access to advanced budgeting, savings and investment solutions for users in the… Read more »
South Africa: Markus Jooste's Steinhoff Was a Horrific, High-Profile Example of Corporate Capture
Steinhoff is corporate South Africa's handmaid to State Capture. They share the same DNA -- people who knew better and could have done something chose silence. Read more »
South Africa: SA Reserve Bank Is Exorcising the Spectre of Stagflation
The South African Reserve Bank is unlikely to cut interest rates in the near future. Read more »
South Africa: Harmony, Unions Strike Gold With Historic Five-Year Wage Pact
Harmony Gold signed a historic inflation-linked five-year wage agreement with five unions on Thursday, the day after the precious metal's price hit a record high. The deal should… Read more »
South Africa: While the People Are Desperate for Jobs, the Country Is Rapidly Deindustrialising
ArcelorMittal South Africa is acutely aware of the severe consequences of winding down the Long Steel business on the economy and in particular, on employment in SA. Read more »
March 28
South Africa: Government Officially Scraps Disastrous E-Toll System
It's finally official. Gauteng motorists can now breathe a sigh of relief following the government's official announcement and gazetting of its decision to scrap the disastrous… Read more »
March 26
South Africa: Komati Power Station - The Cautionary Tale of the Just Energy Transition and Lessons to Be Learnt
Members of the Presidential Climate Commission have repeatedly pointed out that the many mistakes in the project to decommission the Komati Power Station should never have been… Read more »
March 21
South Africa: Disgraced Steinhoff Boss Markus Jooste Reportedly Shoots Himself
Disgraced former chief executive of Steinhof Markus Jooste has reportedly shot himself just more than 24 hours after the Financial Sector Conduct Authority revealed that it was… Read more »