Watch Budget Speech 2023
Slow growth and disputed ownership figures expose cracks in transformation
Nedbank chief operating officer Mfundo Nkuhlu has challenged South Africa to move beyond compliance-driven transformation, warning that without economic growth, transformation risks becoming a...
Tongaat Hulett survival deal preserves 250K jobs
Tongaat Hulett has taken a step towards recovery after reaching an agreement with the Industrial Development Corporation (IDC) and the Vision Group, easing fears...
Fuel prices cause surge in inflation to 4.5%
Inflation has sharply increased to 4.5% in May compared to 4% in April.
This is the highest rate since July 2024, when it was 4.6%.
On...
Parks Tau: R700bn on BEE yet gap in economic impact
The black economic empowerment (BEE) framework has seen more than R700-billion changing hands, but concerns have been raised about its impact on the economy.
Speaking...
SMEs rethink staff protection as cost pressures mount
Small and medium-sized enterprises (SMEs) are being forced to rethink how they protect both their businesses and employees as rising costs continue to squeeze...
Oil falls as markets weigh return of supply, US-Iran peace deal
Oil prices extended losses on Tuesday, as markets weighed prospects for a resumption of supply through the key Strait of Hormuz against shaky physical...
