23 Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at…
Category: Business
Unemployment increases: 258 000 youth lost jobs at the beginning of 2026
37 Almost half of South Africa’s youth seeking work cannot find jobs. After declining in the third and fourth quarters of 2025, South Africa’s unemployment rate reversed course in the first quarter…
Fuel pain finally tipping the scales for EVs in South Africa
36 The war in the Middle East, and the resultant spike in the price of fuel, is driving a major shift in thinking about electric mobility by both consumers and logistics firms,…
Joburg Water disaster has been a decade in the making
118 The entity admits that the city’s water and sanitation service ‘is not sustainable’. In its business plan for 2026/27, which accompanies the various draft budgets and tariffs for the next financial…
Boxer reports a year of store expansion and job growth
106 New store openings created 3 400 jobs, bringing Boxer’s total workforce to 35 314 employees. Discount retailer Boxer has reported mixed financial results for the year ended 1 March 2026. The…
Checkers Sixty60 suspended in Western Cape and parts of Eastern Cape
93 The delivery service has been suspended for the safety of drivers. Checkers Sixty60 has been suspended in the Western Cape and parts of the Eastern Cape on Monday due to severe…
Pressure builds on Vodacom’s South African mobile business
95 Vodacom Group CEO Shameel Joosub A reading of Vodacom Group’s 2026 financial results shows its home market is barely growing in customer terms, that what top-line growth there is leans heavily…
Pop star sues Samsung for $15-million
83 British singer Dua Lipa. Aude Guerrucci/Reuters British pop star Dua Lipa has filed a lawsuit against Samsung Electronics seeking at least US$15-million in damages, accusing the South Korean tech giant of…
RAF ordered to pay R2.2m to pedestrian and slapped with punitive cost order
89 Despite binding judgments, it refused to compensate the victim because her medical aid had covered a portion of the costs. The Road Accident Fund (RAF) has been issued with a punitive…
Eskom battles widespread outages as storm batters the Cape
106 A powerful winter storm sweeping across large parts of South Africa has caused widespread power outages, with the Western Cape worst affected after the South African Weather Service issued warnings for…