businesslatest news & developments
Transnet Group CEO Michelle Phillips said the entity's recovery plan is finally producing measurable results.
Video

Inside Transnet’s remarkable R4.6 billion turnaround

In an exclusive interview, CEO Michelle Phillips opens up on the decisions, setbacks and battles behind Transnet’s recovery.

Electricity and Energy Minister Kgosientsho Ramokgopa has warned that municipal debt owed to Eskom could make the utility financially unsustainable if efforts to address the payments backlog are not successful.

Ramokgopa sets out Eskom 2.0 priorities as Nyati wins new term

Ramokgopa says Eskom is entering a “difficult and complex phase”.

A sustained rise in Brent crude towards $120 ((R1944) a barrel could raise fuel prices, inflation and interest-rate pressure in South Africa, while economists differ on whether it would trigger a global recession.

Oil shock looms: $120-a-barrel forecast sparks stagflation fears for South Africa

Could a sustained rise in Brent crude towards $120 a barrel trigger a global recession?

Swiffy co-founders,  Neil Schwartzman, Jadie Naicker and Christian Di Zio.

From a garage in Durban to the Premier League: Swiffy's 'surreal' Hull City deal

How three Durban friends, with no outside funding, made it to the big league.

Lionel Messi, who retired from international duty after a glittering 21-year career with Argentina, is set to become the owner of Spanish second-division club Eldense, adding another football club to his growing portfolio.

Lionel Messi agrees deal to buy Spanish club Eldense

The football superstar is expanding his growing involvement in club ownership.

The future of LIV Golf in South Africa hangs in the balance following the tour's bankruptcy filing in the US.  |  Backpagepix
Video

LIV Golf bankruptcy: How the breakaway league’s financial collapse impacts South Africa

After filing for Chapter 11 bankruptcy following the exit of Saudi funding, LIV Golf's uncertain future threatens a major economic boost for South African golf.

WHEN barriers to entry are strong, existing firms can keep prices higher (or quality lower) because potential rivals cannot enter or expand
quickly enough to put real pressure on them.

Regulatory barriers hurting SA rural, township economies - new report

A Competition Commission report finds that regulatory, market and transport barriers are limiting business growth and consumer choice in South Africa’s townships and rural towns.

A photo of seized illicit tobacco. An Econometrix study estimates that illicit trade in South Africa displaces formal production and tens of thousands of jobs.
Breaking News

Illicit economy costs South Africa R68 billion

A new Econometrix study estimates that illicit trade costs South Africa billions in annual tax revenue, while displacing formal production and tens of thousands of jobs.

Two Airlink Embraer aircraft fly over DHL Stadium in Cape Town before the second Test between the Springboks and the All Blacks on Saturday

Airlink's flyover moment broke the internet, but can it win bookings?

Whatever the outcome of that review, Airlink has already secured a level of attention that no conventional marketing campaign could easily replicate., writes Jeremy Sampson,…

 From Left to Right: Thatiso Dube, Founder and Creative Director of GALXBOY, Lesiba Matladi, Senior Manager for Enterprise & Supplier Development Programmes for Business and Commercial Banking, Standard Bank South Africa, Winner of the 2026 Standard Bank Kasi SME National Pitch Challenge, Founder of Maduwa Paint World (Pty) Ltd, Rodney Maduwa, Nokhanyo Ntshingila, Senior Manager for Enterprise & Supplier Development Programmes for Business and Commercial Banking, Naledzani Mosomane, Head of Enterprise & Supplier Development for Business and Commercial Banking, Standard Bank South Africa and Master of Ceremonies, Gugulethu Mfuphi, Renowned Financial Journalist, Conversation Strategist, and Global Moderator.

Soshanguve paint manufacturer wins R1 million Standard Bank Kasi SME National Pitch Challenge

Maduwa Paint World, founded by Soshanguve entrepreneur Rodney Maduwa, has won the 2026 Standard Bank Kasi SME National Pitch Challenge and its R1 million grand prize.

South Africa’s new-vehicle sales rose 11.4% year on year in August 2026, while strong growth in new-energy vehicle sales pointed to growing consumer interest in lower running costs.

August vehicle sales surge as South Africans focus on fuel efficiency

South Africa’s new-vehicle sales rose 11.4% year on year in August 2026, while strong growth in new-energy vehicle sales pointed to growing consumer interest in lower running…

Bidvest Chief executive Mpumi Madisa
Breaking News

Bidvest approves R2.5bn LPG terminal investment as HEPS rises 4%

Bidvest has approved R2.5 billion in growth capital expenditure for a second LPG terminal at Richards Bay and expanded bulk capacity in Durban, while pursuing a renewed sale of…

 Colombia’s capital city Bogotá from above. It’s the city globe-trotting South Africa chartered accountant Robert Edwards calls home half the year.

How Robert Edwards is reshaping investment strategies in Africa

Discover how Robert Edwards, a former chartered accountant, transformed his life by travelling the world and embracing innovative investment strategies that challenge traditional…

The South African government hosted the South Africa–Zimbabwe Bi-National Commission Business Forum recently where Zimbabwe was highlighted as a key export destination for South African agriculture with over $1 billion (approximately R16 billion) in exports recorded in 2025.

Exploring Zimbabwe's role as a key export market for South African agriculture

At the recent South Africa–Zimbabwe Bi-National Commission Business Forum, agricultural experts discussed the vital role Zimbabwe plays as a key export market for South Africa's…

Following President Cyril Ramaphosa's announcement that Phase Three of the Government-Business Partnership will have a strong focus on tourism as an economic driver, there has been positive reaction from Minister of Tourism Patricia de Lille and the Federated Hospitality Association of Southern Africa (FEDHASA) on Friday.

Tourism takes centre stage in government-business growth push

Government and business target tourism to drive investment, jobs and growth.

The South African Sugar Technologists' Association President, Dr Muhammad Kadwa, said that there has been a flood of deep-sea sugar imports, and this has displaced South African suga

Sugar industry counts the cost of imports

Cheap imports are squeezing local sales, pushing more sugar into loss-making export markets and costing the industry billions.

Business confidence remained steady in July; this was according to the South African Chamber of Commerce and Industry (SACCI) Business Confidence Index (BCI) released on Tuesday, Business confidence  has been under pressure in 2026 due to rising fuel prices and inflation linked to the ongoing Middle East tensions.

South African business confidence steady despite economic pressures

Despite ongoing inflation and rising fuel prices, South Africa's Business Confidence Index remains steady in July 2026, driven by new vehicle sales and merchandise exports.

Cape Town harbour.

South Africa’s economy is moving again. Now comes the test

PayInc’s July data points to a modest rebound, but a sharp diesel increase and worsening unemployment underline how fragile the improvement remains.