Business
MTBPS | Treasury sets aside R10bn as El Niño threatens food...
Treasury has increased its contingency reserve to R10-billion for the 2026/27 financial year to prepare for drought risks linked to El Niño.
According to the...
MTBPS | Treasury sets aside R10bn to ease fuel price pain
Finance Minister Enoch Godongwana has announced R10 billion in temporary fuel levy relief, as surging global oil prices continue to put pressure on motorists...
MTBPS | SA spends R1.2bn a day servicing debt as Treasury...
The government is still spending approximately R1.2 billion a day servicing government debt in 2026, underscoring the scale of the country's debt burden despite...
MTBPS | Government links SRD grant to jobs and skills development
Government plans to link Social Relief of Distress (SRD) grant beneficiaries to job opportunities, skills development and business support as the future of the...
MTBPS | Treasury keeps pressure on municipalities over unpaid bills
National Treasury has warned that it will continue enforcing compliance and accountability measures against municipalities that fail to meet their financial obligations, after withholding...
How SARB plans to break banks’ stranglehold on payment systems
The South African Reserve Bank (SARB) has proposed new rules that would allow non-bank institutions to access the country's payment system directly, in a...
Cartrack parent company Karooooo posts record profit as subscriber growth accelerates
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 intelligence platform...
Numsa faces asset seizure over members’ R3.1m funeral cover debt
The National Union of Metalworkers of South Africa (Numsa) is facing possible seizure of money in its bank and investment accounts after allegedly failing...
Brent crude holds near five-month high on Middle East tension
Oil prices advanced on Tuesday, with Brent hovering around a five-month high as traders priced in a geopolitical risk premium from Houthi attacks on
WATCH | Tesla has real competition in the flying car race:...
Tesla has unveiled a Roadster capable of launching itself into the air. Meanwhile, California startup Alef Aeronautics is developing its own flying car, using a very different…
