137 The risk-sensitive rand has started the week sharply weaker as investors, unnerved by surging oil prices and the potential effect on global inflation and growth, dumped risk assets and took profit…
Category: Business
World hit by worst oil shock since the 1970s
128 Share markets nosedived in Asia on Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates across the globe, while investors desperate for liquidity…
Payments start-up NjiaPay in R35-million seed funding round
132 NjiaPay co-founder Jonatan Allback Payments orchestration start-up NjiaPay has closed a US$2.1-million (R35-million) seed funding round led by European software-as-a-service investor Newion. The company, which acts as a neutral coordination layer…
South Africa secures World Bank backing for grid overhaul
146 The World Bank has agreed to give South Africa US$350-million of financing for a new credit guarantee facility that is meant to unlock private financing for infrastructure, including an expansion of…
Built different: Why Fedhealth’s hospital plans are the smart choice for the young and healthy
136 Fedhealth’s flexiFED range has always stood apart from the crowd. Jenna and Jack are 30, getting serious, and about to move in together for the first time. They’ve also just become…
Fuel price shock: Here’s how much more petrol might cost you in April
155 The petrol price changes will take effect on 1 April 2026. The Central Energy Fund (CEF) predicts motorists will be hit with hefty petrol and diesel increases in April as tensions…
Telkom to hike mobile and fixed tariffs from 1 April
166 Lunga Siyo Telkom will increase tariffs across its mobile and fixed-line portfolios from 1 April 2026, citing rising operational costs, inflationary pressures and the need to continue investing in network infrastructure….
Eskom warns of possible electricity supply interruption to Govan Mbeki Municipality over R6.5bn debt
131 The power utility says the municipality’s failure to meet debt relief conditions and settle its electricity account could result in reduced or terminated bulk supply from May 2026. Eskom Holdings SOC…
Government ‘closely watching’ the oil price and jet fuel situation – Creecy
124 Transport Minister Barbara Creecy says SA currently has “stability” on refined fuel and jet fuel supplies following the Middle East conflict, which has forced the closure of the Strait of Hormuz –…
iStore prices MacBook Neo at R11 999 in South Africa
144 Shannon Stapleton/Reuters Apple retailer iStore has opened pre-orders for Apple’s new MacBook Neo at R11 999 for the 256GB model and R13 999 for the 512GB version – pricing that could tempt…