Business

R205 million pumped into new private university in South Africa
STADIO pumped over R200 million into its new Durbanville campus in Cape Town, with the group looking to grow the campus’s capacity to 5,000.

SPAR to cut staff
SPAR has announced a voluntary severance programme following a challenging period for the retailer.

Typical mortgage costs £788 a year more than before Iran war
Lenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.

Fewer than 300 people consulted to change the name of one of South Africa’s biggest cities
Minister of Sports, Art and Culture, Gayton McKenzie, has revealed that 290 people participated in public consultations six years ago to change East London’s name to KuGompo City.

South Africa’s new bank takes a R3 billion hit
Old Mutual has lowered the carrying value of OM Bank by R3 billion, with the bank’s capital requirements set to be higher than the company initially thought.

Woolworths buys South African food giant making R5 billion a year
Woolworths is acquiring one of its largest suppliers, in2food, and expects the deal to be earnings-positive from the get-go.

South Africans can kiss interest rate cuts goodbye
Surging oil prices triggered by the Middle East conflict will likely push South African inflation higher and keep policymakers from raising interest rates for months, according to Morgan Stanley.

South Africa chooses sides
Director-general of the Department of International Relations said South Africa has no reason to cut ties with Iran.

Sinn Féin shirking responsibilities on oil bills, says Lyons
The communities minister was giving his reaction to the £17m support package announced by the UK government.

Trevor Manuel retires from Old Mutual
Trevor Manuel is retiring from the Old Mutual Board this year, with Roger Jardine taking over as chair.

Bad news for people wanting to go away for Easter, and major trade union calls out Dawie Roodt
Here are five important things happening in and affecting South Africa on Tuesday, 17 March 2026.

Rural areas ‘let down’ by lack of oil regulation
Joe Morris believes heating oil should have had a price cap introduced like energy and electricity.

Ramaphosa confirms major step towards high-speed trains in South Africa
President Cyril Ramaphosa announced that the government has launched a new Request for Information to gauge private-sector appetite for high-speed trains in South Africa.

Is it possible to build a plastic-free home?
Using plastic in construction is cheap and easy, but some are trying to radically cut back its use.

Train delay repay rule changes to make claims easier
There will also be additional checks on railcards during a trial to crack down on fraud.