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Category: Business

Outa seeks to drive final nail into e-tolls coffin

Posted on September 17, 2025

223 The Organisation Undoing Tax Abuse (Outa) has launched fresh legal action in the high court in Pretoria, seeking an order that roads agency Sanral has effectively abandoned its e-tolls debt claims…

BYD debuts R340 000 EV in South Africa

Posted on September 17, 2025

216 Chinese vehicle manufacturing giant BYD on Tuesday unveiled South Africa’s new cheapest electric car, costing just R339 900. BYD, often describes as China’s Tesla – and which is even outselling Tesla now…

TikTok deal signals uneasy middle ground in US-China standoff

Posted on September 17, 2025

300 US President Donald Trump on Tuesday announced an agreement between the US and China to keep TikTok operating in the US, with three sources familiar with the matter saying the deal…

Inflation expectations the lowest ever as GDP languishes

Posted on September 16, 2025

180 The inflation expectations are important because it is one of the surveys the MPC uses to determine the repo rate. Inflation expectations for the third quarter of 2025 are the lowest…

High borrowing costs in SA, while Fitch keeps rating stable

Posted on September 16, 2025

199 Credit rating agencies Moody’s and Fitch both point out that South Africa has a problem with high government debt and structural weaknesses. Rating agency Moody’s says structural weaknesses are keeping borrowing…

Manufacturer confidence drops to lowest level in a year and a half

Posted on September 16, 2025

177 Rising electricity costs, growing competition from cheaper imports and challenges within the steel industry impacted producer sentiment. Despite a notable increase in sales and production activity in some manufacturing subsectors, the…

Discovery Bank CEO Hylton Kallner on the future of banking in South Africa

Posted on September 16, 2025

304 Hylton Kallner Discovery Bank is cementing its place as a serious digital challenger bank in the South African market. In its full-year results released published last week, for the period to…

DStv’s MultiChoice makes changes to pave way for Canal+

Posted on September 16, 2025

182 MultiChoice will restructure the group to comply with the Electronic Communications Act, enabling Canal+ to acquire it. DStv’s parent company, Multichoice Group, will restructure the company to comply with the Electronic Communications Act (ECA),…

Fintechs and crypto shake Africa’s banking foundations

Posted on September 16, 2025

237 Rapid changes in the payments landscape across Africa are challenging traditional banks, which are being forced to adapt quickly to new modes of facilitating transactions such as mobile money and cryptocurrencies….

DA presses ahead with proposal for South African Cyber Commission

Posted on September 16, 2025

234 The DA’s Glynnis Breytenbach The DA is intensifying its efforts to create a Cyber Commission, with news on Tuesday that it has tabled a private members bill in parliament to this…

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