Watch Budget Speech 2023
PIC board chair David Masondo resigns, cites need to protect institution
Public Investment Corporation board chairperson Dr David Masondo has resigned, saying he is stepping aside “in the interests of the Republic of South Africa”...
Anglo American lowers copper costs despite inflationary pressures
Anglo American has lowered its copper production cost forecast for 2026 despite growing inflationary pressures from geopolitical tensions in the Middle East, while maintaining...
Reform momentum reverses as key sectors lose ground
The Business Leader South Africa (BLSA) Reform Tracker has recorded an all-time decline in reform momentum in the second quarter of 2026.
The reform completion...
Kumba signs solar contract sized to reduce emissions, slash electricity costs
Kumba Iron Ore has signed a 20-year agreement with Envusa Energy to supply renewable electricity to its flagship mine, Sishen, based in the Northern...
Workers brace for another interest rate blow
The Congress of South African Trade Unions (Cosatu) has expressed concern over the anticipated hike in interest rate after inflation was reported at an...
Fuel shock pushes inflation to 5% ahead of rate decision
The inflation rate has increased to its highest level in two years at 5%, piling pressure on households ahead of the interest rate decision.
Statistics...
