Mpho Sibanyoni

Big Reads

National Treasury wants greater say over appointment of municipal CFOs

21st October 2026

The National Treasury is proposing sweeping reforms that would give it greater oversight of the appointment of municipal chief financial officers (CFOs)...

Big Reads

Godongwana sets aside R3.8bn to hire 3,552 social workers in GBV fight

21st October 2026

The government is set to spend R3.8 billion over the next three years to strengthen the country’s response to gender-based violence (GBV)....

News

Municipal debt nears R500bn as Treasury bets on smart meters to boost collections

21st October 2026

The country’s municipalities are facing deepening financial strain, with consumer debt owed to municipalities approaching R500-billion and collection rates remaining stubbornly low....

Economy

MTBPS | SA spends R1.2bn a day servicing debt as Treasury targets lower borrowing

21st October 2026

The government is still spending approximately R1.2 billion a day servicing government debt in 2026, underscoring the scale of the country’s debt...

Business

How SARB plans to break banks’ stranglehold on payment systems

20th October 2026

The South African Reserve Bank (SARB) has proposed new rules that would allow non-bank institutions to access the country’s payment system directly,...

Companies

Cartrack parent company Karooooo posts record profit as subscriber growth accelerates

20th October 2026

Singapore-headquartered Karooooo has reported a record second-quarter operating profit and accelerated subscriber growth. Strong demand for subsidiary Cartrack’s fleet management and operational...

Big Reads

Nedbank seals landmark takeover of a major East African bank

19th October 2026

Nedbank Group has completed its landmark acquisition of approximately 66% of NCBA Group PLC, securing a major strategic foothold in East Africa...

Big Reads

Cosatu slams ‘Abahambe’ movement: ‘Can’t blame undocumented migrants for joblessness’

19th October 2026

Trade union federation Congress of South African Trade Unions (Cosatu) has rejected growing anti-undocumented migrant narratives in South Africa, arguing that migration...

Business

Retail giant Clicks fights contractor in court over unpaid R9k

19th October 2026

Sometimes corporate litigation involves billions. Sometimes it settles complex commercial disputes that change industries. And sometimes two well-resourced businesses spend more than...

Big Reads

Completion of housing construction projects falls by 60%, Treasury tells parliament

19th October 2026

The country’s housing delivery crisis emerged as one of the most significant findings from National Treasury’s latest budget review, exposing a growing...