financeslatest news & developments
As part of its turnaround strategy, PetroSA wants to bring the Gas-to-Liquids Refinery (GTLR) in Mossel Bay online by November 2027.
FINANCES

PetroSA tells Parliament it is technically insolvent as liquidation looms

PetroSA is fighting to preserve its future as creditors close in.

  • Ntsikelelo Qoyo
5 min read
A strengthening El Niño could bring hotter, drier conditions to parts of southern Africa, putting pressure on food prices, water supplies, infrastructure and household finances.
EL NINO

What a strong El Niño could mean for South African households

A strengthening El Niño could bring hotter, drier conditions to parts of southern Africa, putting pressure on household finances.

  • Dieketseng Maleke
7 min read
uMkhonto weSizwe Party members have approached the Hawks over alleged financial misconduct regarding party funds.
FINANCES

MKP members seek fraud investigation into party finances

Disgruntled MK Party members have approached the Hawks over alleged financial misconduct.

  • Willem Phungula
2 min read
Fuel-price increases are putting the spotlight on commuting costs, location and the long-term affordability of owning a home.
FINANCES

Fuel price effect: How pump hikes are reshaping SA property hotspots

As pump prices surge, home buyers are forced to recalculate the true cost of suburban living versus urban proximity.

  • Given Majola
5 min read