The South African Reserve Bank (SARB) raised interest rates on Wednesday by 25 basis points, taking the repo rate to 7.25% and the prime lending rate to 10.75%. The Monetary Policy Committee (MPC) voted unanimously for the increase as renewed fuel-price pressures threaten to push inflation higher and economic growth remains under pressure. SARB Governor […] More
DJ Zinhle, an astute entrepreneur, recently announced on her social media platforms that her accessory brand, Era by DJ Zinhle, has now diversified into the luggage market. Originally launched as a watch brand, Era by DJ Zinhle has grown significantly over the last fourteen years. The business has opened several stores across South Africa and […] More
South Africa’s highest earners are supposed to have the largest guardrails to debt. Instead, according to DebtBusters’ Q2 2026 Debt Index, a growing number of these high-value consumers are finding it hard to stay afloat in South Africa. As such, taking home more than R50 000 a month does not automatically relieve your financial burdens. […] More
South African consumers and businesses could face higher borrowing costs, with economists expecting the South African Reserve Bank’s Monetary Policy Committee (MPC) to raise interest rates by 25 basis points at its upcoming meeting on Wednesday, 23 September. The anticipated increase comes as inflation remains elevated and rising oil prices add pressure to the domestic […] More
South Africans could face another increase in their medical aid contributions next year, after the Council for Medical Schemes (CMS) recommended that schemes use 3.8% as the anchor for their 2027 increases. But this does not mean your medical aid contribution will only increase by 3.8%. The figure is a starting point for medical schemes […] More
Pick n Pay has appointed Woolworths Chief Customer Officer Spencer Sonn as its CEO-designate, with a planned leadership transition that will eventually see him succeed current chief executive Sean Summers. Sonn will join Pick n Pay as CEO-designate in February 2027, giving him more than a year to work alongside Summers before taking over as […] More
Prices at the pump for diesel and other fuels are hitting fresh highs as the wars and the Middle East and Ukraine have not only choked off crude supplies, but also damaged refineries, with the resulting capacity constraints increasingly being felt. READ | Fuel price nightmare awaits SA’s motorists in October How much crude is lacking? […] More
South Africa’s inflation expectations eased in the third quarter, providing some relief for the South African Reserve Bank (SARB) ahead of its next interest-rate decision next week. Average inflation expectations two years ahead declined to 3.8%, from 3.9% in the previous quarter, according to the latest survey by the Stellenbosch-based Bureau for Economic Research (BER). […] More
South Africa’s motorists are facing another potentially painful fuel-price increase in October, with the latest Central Energy Fund (CEF) figures showing petrol, diesel and illuminating paraffin recoveries deep in the red. The latest data available in mid-September points to increases of well over R2 a litre for all fuel grades if current trends continue through […] More
South Africa is home to some of the biggest companies on the continent, and a number of familiar names have now received international recognition for their levels of trust. Newsweek’s 2026 World’s Most Trustworthy Companies ranking features 10 companies headquartered in South Africa, spanning sectors including retail, banking, healthcare, mining and industrial equipment. The ranking […] More
South Africa’s financial regulators have handed down a combined R34 million in penalties to Capitec Bank and Ninety One Assurance for falling short of anti-money-laundering requirements. This forms part of the latest in a string of compliance crackdowns that has hit the country’s biggest financial institutions. CAPITEC AND NINETY ONE HIT WITH FICA FINES The […] More
The minutia of the 2026 tax season in South Africa quietly shapes the year for the country’s dutiful taxpayers. The filing period in question covers income earned between 1 March 2025 and 28 February 2026. As is customary, the South African Revenue Service (SARS) kicked things off the 2026 tax season in South Africa with […] More
