Business

Dark clouds for Shein and Temu in South Africa
While low-price importers like Shein and Temu have disrupted South Africa’s online retail space, their rapid growth is facing major headwinds as local regulations and competitors catch wise.

Bad news for South Africans paying off their homes and cars
Absa’s senior economist has warned that any meaningful interest rate cuts are unlikely before 2027.

John Lewis losses swell on packaging and job costs
The owner of the eponymous department store and Waitrose expects the business to return to profit.

Iconic international brand making a comeback in South Africa
Iconic American container brand has returned to South Africa under a new name, TuppAfrica.

Cash still in huge demand in South Africa
Despite the growing adoption of digital payments, South Africans are still leaning heavily into cash, with demand picking up in August.

The group helping cut fuel bills for those in need
The co-operative provide and fit free door curtains, draught excluders, LED bulbs and more to homes.

Big changes for surnames in South Africa
The Constitutional Court has confirmed that South Africa’s laws governing surnames discriminates against and irrationally violates the rights of men, ordering the government to change them.

FNB hits R1 trillion goal
FNB has seen its deposit base exceed R1 trillion, despite its personal segment seeing a drop in customer numbers.

Employee on the chopping block for R54 billion Eskom mistake
Nersa has suspended a senior staff member responsible for oversight of the data-entry glitch that shortchanged Eskom by R54 billion.

Discovery is crushing it
Discovery has seen a massive rise in profit, with Discovery Bank seeing its first profitable period in 2025.

XM launches an enhanced trading experience and introduces new powerful tools
XM is giving traders more control and confidence by unifying all its products and introducing new, powerful tools in one seamless trading experience.

Checkers taking a municipality to court, and SARS is coming after taxpayers for more
Here are five important things happening in South Africa today, Thursday, 11 September 2025.

Grant of £160k to help vulnerable people
Plymouth City Council says the £160,000 grant is for non-profit groups to help people this winter.

CEO of international investment firm sends a warning to South Africa’s government
The founder and CEO of Ninety One has warned the government that South Africa is in danger of risking capital flight, more job losses, and social unrest.

‘We are playing with fire’: Fears persist over battery storage
More battery energy storage facilities are needed around the world, but fire risks remain.