Business

World Bank raises Africa’s 2026 growth forecast, urges AI investments

The World Bank has raised Africa's 2026 economic growth forecast to 4.3%, citing stronger performance across the region, and urged governments to embrace artificial...

Sanlam moves to buy out Santam minority shareholders in R505-a-share deal

In a move set to reshape South Africa's insurance landscape, Sanlam has launched a bid to acquire all the shares in Santam that it...

Competition Commission cracks down on spare parts, repair monopolies

The days of manufacturers locking consumers into costly repair networks could be numbered after the Competition Commission unveiled sweeping new guidelines aimed at opening...

MTN boss Ralph Mupita reappointed to GSMA board

MTN Group president and chief executive Ralph Mupita will serve two more years at the GSMA board of directors. GSMA represents mobile operators and companies...

South Africa private sector contracts at fastest pace since December, PMI...

South Africa's private sector contracted in September at its fastest pace since December as new orders fell sharply and supply bottlenecks and fuel-driven cost

Rand slips as markets await October fuel price adjustment

The rand weakened in early trading on Monday as investors awaited the release of South Africa's latest purchasing managers' index (PMI) and the October...

BMF president grilled over R1.2m in irregular payments

Black Management Forum (BMF) president Mpho Motsei has been asked to account for more than R1.2 million in payments made to him or on...

R730bn in eight hands, yet millions languish in poverty

South Africa’s eight billionaires, all of them men, have a combined fortune of R730-billion, while more than 23-million people live below the national poverty...

Youth are ditching medical aid as affordability crisis deepens

The rising cost of private healthcare has come under renewed scrutiny after it emerged that a growing number of young South Africans are opting...

Leaders South Africa has yet to learn to celebrate

When a black professional reaches the top of a strategic institution in South Africa, their arrival is rarely presented as news about one person. Transformation...