At its heart, Operation New Broom at Home Affairs is a technology-driven initiative, insists Minister Dr. Leon Schreiber. However, whether you consider it an old-school issue, illegal immigrants in South Africa all face the same fate. Arrest, conviction and deportation and prohibition from reentering the country. Launched last week, the technology powering Operation New Broom […] More
As it stands, opinion is divided over what the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) may elect to do later this week. Forward rate agreements point to a cut of 25 basis points, which is echoed by Bloomberg consensus. However, many local economists foresee a hold on rates being just as likely, […] More
The latest available data still suggests that good news lies ahead for South Africa’s motorists NEXT WEEK . With a week to go until the new prices come into effect, there is expected to be welcome relief – especially for diesel vehicle owners. Vehicle owners in Mzansi saw a sizeable decrease in the cost of […] More
Stores like Checkers and Pick n Pay are facing changes in consumer behaviour. Online stores like Takealot and Amazon are becoming more popular for buying everyday household products. Traditionally, physical stores have always led this market. More South Africans are shopping online, a trend that started during the pandemic and continues because digital platforms are […] More
The latest available data still shows that good news lies ahead for South Africa’s motorists in early June. With just over a week to go until the new prices come into effect, there is, sadly, every chance that fuel costs may actually increase at the pumps next month – especially for petrol vehicle owners. Vehicle […] More
Phuthi Mahanyele-Dabengwa, the chairperson of Business 20’s (B20’s) Digital Transformation Task Force which includes esteemed leaders in technology, is ambitiously working to advance digital inclusion across Africa and other developing economies. In a recent interview, Mahanyele-Dabengwa explained the purpose and focus of the Digital Transformation Task Force, one of the many task forces of the […] More
It’s comparatively ‘easy’ to make money – when you have money. Compound interest really is the eighth wonder of the world! As they say, the rich get richer, while the poor stay, well, poor. Money makes money – and these seven South Africans have made a lot of it over the years. And by a […] More
There may be good news for South African homeowners this week. That’s because some economists are expecting the South African Reserve Bank (SARB) to cut the repo rate when it meets on Thursday. The SARB cut rates thrice since July 2024. There is hope that this cycle will continue into 2025, and some experts say […] More
South African retailer Pick n Pay is making steady strides in its turnaround strategy, significantly narrowing losses and delivering strong performances in digital and clothing segments as it restructures its store portfolio. For the financial year ending 2 March 2025, the group reported a headline loss reduction of over 60%, supported by a focused recovery […] More
While the latest available data still shows that good news lies ahead for South Africa’s motorists in early June. With just over a week to go until the new prices come into effect, there is, sadly, every chance that fuel costs may actually increase at the pumps next month – especially for petrol vehicle owners. […] More
Minister of Mineral and Petroleum Resources Gwede Mantashe has officially launched the South African National Petroleum Company (SANPC), declaring it “open for business” and ready to welcome both local and international investors. Speaking at the launch ceremony in Johannesburg last Friday, Mantashe said the formation of the SANPC marks a pivotal step toward enhancing the […] More
The Democratic Alliance (DA) has condemned what it describes as “exorbitant” executive salaries within South Africa’s state-owned enterprises (SOEs), calling for immediate reform and accountability in the wake of shocking new data revealing over R400 million spent annually on executive pay – despite ongoing bailouts, service delivery failures, and poor audit outcomes. According to parliamentary […] More
