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Category: Business

‘It does not address SA’s social crises’: Reactions to Godongwana’s budget speech

Posted on February 26, 2026

280 The improvements in South Africa’s economic projections ‘will not trickle down to the people who need relief the most’ Even the critics of the government’s handling of the economy are positive…

Lithium prices soar after Zimbabwe suspends exports

Posted on February 26, 2026

300 Dado Ruvic/Reuters Lithium prices in China surged on Thursday after Zimbabwe suspended raw mineral exports, sparking concerns over supply disruptions, at a time when growing energy storage demand is projected to…

Samsung S26 launch – rand helps shield South Africans from bigger price hikes

Posted on February 26, 2026

306 The ongoing RAM shortage, driven by suppliers shifting their production lines to higher-margin high-bandwidth memory used for AI workloads in data centres, is already affecting the smartphone market as the Samsung…

Budget 2026: GDP expected to grow slightly – but not enough for meaningful change

Posted on February 25, 2026

278 Finance Minister Enoch Godongwana delivered the 2026 Budget Speech with some optimism about South Africa’s continued economic growth. However, National Treasury has noted that the growth will not bring any meaningful…

Treasury moves to bring crypto under exchange-control rules

Posted on February 25, 2026

373 South Africa is tightening the regulatory net around crypto – this time targeting cross-border capital flows. In an effort to safeguard the financial system while encouraging legitimate investment and capital inflows,…

Budget 2026: Godongwana allocates billions to HIV/Aids programme after Trump’s withdrawal

Posted on February 25, 2026

349 PEPFAR is coming to an end in March. The HIV/Aids programme in South Africa will receive financial support following funding withdrawal by the United States. This was announced by Finance Minister…

Dennis Venter resigns as iOCO co-CEO

Posted on February 25, 2026

355 Dennis Venter Dennis Venter has resigned as co-CEO and board member of JSE-listed IT services group iOCO with immediate effect. In a statement to shareholders after markets closed in Johannesburg on…

Treasury grants Sentech R700-million special allocation

Posted on February 25, 2026

334 The Sentech television broadcasting tower in Auckland Park, Johannesburg Finance minister Enoch Godongwana announced in his budget speech on Wednesday a special appropriation for the department of communications & digital technologies…

Budget 2026: Motorists to pay more for fuel from 1 April – here’s by how much

Posted on February 25, 2026

473 This marks the second consecutive fuel levy hike, following three years without increases. Finance Minister Enoch Godongwana has announced an increase in the fuel levy – a move that was anticipated…

South Africa puts data centres on par with energy, ports in big policy shift

Posted on February 25, 2026

324 Teraco’s JB4 data centre in Gauteng Finance minister Enoch Godongwana has for the first time placed data centre infrastructure on the same footing as electricity, ports and transport networks, signalling a…

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