Business

Taxi fare increase coming amid fuel price surge

South Africa's commuters are bracing for higher taxi fares as the industry signals that increases may be unavoidable in the face of Wednesday's steep...

Standard Bank completes R2.1bn Twizza deal

Standard Bank has completed the sale of South African soft drinks producer Twizza in a R2.1-billion deal. The bank’s business and commercial banking corporate finance...

Cyril Ramaphosa targets R2tn in investments by 2030

President Cyril Ramaphosa has set an ambitious R2-trillion investment target for South Africa over the next five years. This is essential to driving growth,...

Global air travel demand climbs despite rising costs and geopolitical tensions

Global air travel demand continued its upward trajectory in February, with the International Air Transport Association (IATA) reporting steady growth across both international and...

Godongwana, Mantashe announce fuel levy cut to cushion motorists

Minister of Finance Enoch Godongwana and Minister of Mineral and Petroleum Resources Gwede Mantashe have announced a temporary cut in the fuel levy ahead...

Farming sector urges fuel pricing reform as it threatens sector

The agricultural sector is proposing that the government should urgently amend its fuel price adjustment policy. AgriSA and Agbiz want the Department of Mineral Resources...

Gauteng association increases taxi fares amid high fuel costs

Anticipated fuel price increases this week have sparked anxiety among commuters and transport operators alike as taxi fares increase. The Gauteng-based Randfontein Taxi Owners Association...

Thebe Magugu teams up with American software giant to empower power...

Award-winning designer Thebe Magugu is turning his influence towards entrepreneurship, teaming up with Microsoft South Africa to champion a new initiative aimed at scaling...

Vehicles torched amid protest against Nigerian ‘king’ in Eastern Cape

The protest against the coronation of a Nigerian king in kuGumbo in  Eastern Cape has taken a sour turn as protestors torched vehicles allegedly...

Uncertainty about geopolitical stance translates into risk

What began as a discussion about fuel is no longer just about fuel. It has become something far bigger. Over the past week, global events...