Business

Eskom severe storm warning for South Africa, and major banks shutting branches and ATMs
Here are five important things happening in South Africa on Wednesday, 31 December 2025.

Gold and silver see rollercoaster end to blockbuster year
The price of gold soared by more than 60% this year to hit a record high of more than $4,549.

Public holiday blow for South Africans in 2026 – but there’s a catch
South African workers effectively lose two days off in 2026 despite the country officially having 12 public holidays, but there is a silver lining.

What is happening to gas and electricity prices?
Typical household bills will rise slightly under the new energy cap which takes effect on 1 January.

Three small towns rich South Africans are flocking to buy homes in
Wealthy South Africans are increasingly turning their backs on big city living and moving to smaller coastal towns along the Garden Route.

Octopus Energy to spin off $8.65bn tech arm Kraken
The energy firm sells a $1bn stake in its technology arm Kraken, paving the way for its demerger.