207 Deputy Finance Minister David Masondo acknowledged that South Africa’s current inflation target is too broad and needs to be narrowed. Delivering a keynote speech at the Money Summit 2025, held at the Sandton…
Category: Business
iPhone Air steals the show at Apple’s 2025 launch event
353 Apple CEO Tim Cook appeared to be channelling his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the biggest…
GDP exceeds economists’ predictions
318 GDP exceeded economists’ predictions for economic growth and activity in the second quarter, after the marginal growth of 0.1% in the first quarter of the year. Mining, manufacturing, trade and consumer…
GDP higher, but where are the investments for economic growth?
278 Although GDP increased in the second quarter, worsening unemployment and diminishing business confidence are looming in the background. South Africa’s GDP growth surprised economists because it was higher than they predicted,…
Pressure mounts on Solly Malatsi as SABC stares down ‘risk of collapse’
328 Khusela Diko and Solly Malatsi Pressure is mounting on communications minister Solly Malatsi’s to act to rescue the SABC as it struggles to pay its escalating bills. On Monday, reporters heard…
withdrawing for the right reasons every year
322 The first year of the two-pot retirement system offers some interesting insights into how members are responding to the new rules. A year after the two-pot retirement system was implemented to…
MTN vows to claw back market share lost to Telkom
299 MTN Group CEO Ralph Mupita has admitted that the group’s South African operation has lost market share to rival Telkom, especially in the prepaid mobile market. According to Mupita, although competition…
Digital driving licences back on the agenda in South Africa
292 Parliament has urged transport minister Barbara Creecy to kick off the policymaking process that would pave the way for government to issue digital driving licences. Speaking to TechCentral in an interview…
First branded Walmart stores coming to SA
264 Walmart plans to support local businesses and help local communities with food security and disaster relief. Walmart plans to open its first branded stores in South Africa later this year, which…
Economic growth rate quickens, though not by nearly enough
258 South Africa’s economic growth rate quickened in the second quarter of 2025, reaching its fastest in two years, though it remains well below the level needed to meaningfully reduce high levels…