62 There is still hope that the government trade negotiation teams will be able to strike a deal before the 30% tariffs come into effect. It is about to be a bumpy…
Category: Business
Economists expect small increase in inflation to 3%
52 The inflation rate for June will be announced on Wednesday, while the repo rate will be announced on 31 July. While the inflation rate was 2.8% in May and April, most…
EFTs may go in Reserve Bank payments overhaul
61 Reserve Bank govenor Lesetja Kganyago The South African Reserve Bank has released a position paper outlining how it intends carrying out its national payments ecosystem modernisation programme. According to Reserve Bank…
S&P Global exposes Transnet’s operational crisis as it fails to meet targets
50 The rating agency’s assessment is that Transnet is “entirely dependent on state support” and faces “sizable negative free operating cash flow”. S&P Global’s downgrading exposes Transnet’s operational crisis as reform efforts…
Africa’s phone king eyes $1-billion Hong Kong listing
47 Shenzhen Transsion Holdings, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, according to people with knowledge of the matter. Transsion is in talks…
Credit providers must not delete your whole credit history after debt review — NCR
45 Credit providers are less likely to grant credit to someone with no credit history, as they cannot assess whether the person will be a reliable payer. Debt review has helped many…
WeBuyCars lets AI take the wheel
57 JSE-listed vehicle trading platform WeBuyCars has built two AI tools it said it believes will form a “cornerstone of its future growth”. Dubbed “Blue” and “Orange”, the artificial intelligence tools will…
SABC wants VAT exemption on TV licences
59 Cash-strapped public broadcaster the SABC has proposed applying to national treasury for a VAT exemption on TV licence fees in an effort to boost its finances. According to a report by…
Tax season now open: Sars pays out R10bn in refunds after auto-assessments, you could be owed
36 Tax season 2025 is scheduled to run until 20 October for non-provisional taxpayers and 19 January 2026 for provisional taxpayers. Taxpayers who were not auto-assessed by the South African Revenue Services…
Telkom has a new logo and brand identity
60 Telkom has made a subtle change to its logo South Africa’s oldest telecommunications operator, Telkom, has a new brand identity, including a refreshed logo. The company, which has been performing well…