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Nampak reports continuing profitability and debt reduction despite economic challenges
3+ hour, 40+ min ago (704+ words) Nampak is currently engaged in talks with parties about the disposal of its Nampak Zimbabwe business. Nampak has continued to improve operational profitability, cash generation, and debt reduction despite low economic growth and muted demand. South Africa's biggest packaging group…...
Godongwana calls for change in Ditsobotla's governance as he hands over recovery plan
5+ hour, 40+ min ago (702+ words) Finance Minister Enoch Godongwana officially handed over the Financial Recovery Plan (FRP) to Ditsobotla Local Municipality Mayor, Molefe Morutse on Friday. Finance Minister Enoch Godongwana has called for a fundamental change in mindset and governance at Ditsobotla Local Municipality in…...
Repo rate hike sparks concern over household debt, inflation and economic growth
7+ hour, 40+ min ago (773+ words) Trade unions and economists say the Reserve Bank's latest interest rate hike will place further pressure on already stretched South African households. South Africa's decision to increase the repo rate by 25 basis points to 7% has sparked concern among labour groups,…...
2026 Future of Jobs Summit: Why SA's future workforce must adapt faster to survive the AI revolution
1+ day, 21+ hour ago (993+ words) Business leaders, technology experts and youth advocates say South Africa's unemployment crisis requires urgent collaboration, digital infrastructure investment and AI driven reskilling to prepare young people for the future of work. As South Africa grapples with an unemployment crisis the…...
South African SMEs rethink hiring as hidden employment costs rise
2+ day, 1+ hour ago (540+ words) Rising operating costs and economic uncertainty are pushing SMEs to reconsider whether permanent staff or contractors offer the smarter path to growth. South African SMEs are increasingly reassessing how they grow their teams as rising operating costs, economic uncertainty and…...
Lobito Corridor further weakens South Africa's logistics value
2+ day, 7+ hour ago (1097+ words) As the Lobito Corridor project reshapes trade routes in Southern Africa, will South Africa adapt to maintain its industrial relevance? The Lobito Corridor project, the multibillion-dollar, 1 300km railway development connecting Angola's Atlantic port of Lobito to the mineral-rich DRC and Zambia,…...
Food price pressures deepen as civil society warns of growing hunger crisis
2+ day, 3+ hour ago (694+ words) The latest Household Affordability Index for May released on Wednesday by the Pietermaritzburg Economic Justice and Dignity Group (PMBEJD) indicated an increase in food prices. Civil society has raised concern following the increase in inflation to 4% that further food price…...
Manamela's Digital Bet: Can South Africa's Higher Education Survive the Revolution?
4+ day, 5+ hour ago (1297+ words) South Africa is not just anticipating the digital revolution; it is living it. The writer interviewed Minister Buti Manamela ahead of his address before Parliament on Tuesday where he was expected to emphasise that digitisation is essential for shaping the…...
Cape Town pioneers South Africa's first pooled renewable electricity wheeling model
3+ day, 8+ hour ago (709+ words) Etana Energy, Growthpoint Properties and the City of Cape Town have completed South Africa's first pooled renewable electricity wheeling project across multiple buildings. Etana Energy, Growthpoint Properties and the City of Cape Town have successfully implemented South Africa's first pooled…...
South Africa's agricultural exports surge 11% in strong start to 2026
3+ day, 8+ hour ago (546+ words) South Africa's agricultural exports recorded a strong start to 2026, increasing by 11% in the first quarter compared to the same period last year, according to new data released by the Agricultural Business Chamber of South Africa (Agbiz). Agbiz chief economist Wandile…...
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