Business

Another R620 million down the drain in South Africa
According to Acting Minister of Police Firoz Cachalia, unlawful arrests have cost the South African Police Service (SAPS) over R620 million in the 2024/2025 year.

Another major company in South Africa heading for liquidation
The management of major diamond mining group, Ekapa Mining, has announced that the company has applied for liquidation.

South Africa beats Australia and Ireland for OUTsurance
OUTsurance’s core South African operations are expected to see a strong rise in normalised earnings, while other parts of the group struggle.

Bad news for electricity users in South Africa’s richest city, and Spur sells stake in popular restaurant
Here are five important things happening in and affecting South Africa on Friday, 27 February 2026.

Data tool to spot families due financial support
Households entitled to national benefits will be identified by the new system.

Business Talk – Standard Bank’s Schalk Malan discusses the evolution and future of insurance in South Africa
Schalk Malan is the Head of Insurance South Africa for Standard Bank’s Insurance and Asset Management Business (IAM) Unit and the former CEO of the innovative BrightRock.
Community larder helps 117 people in one day
Jo Haywood says the volunteer-led group is seeing “record numbers” of people needing cheaper food.

Gauteng Department of Economic Development strengthens Township Automotive Sector through High-Impact Partnership Delivery Model
The Gauteng Department of Economic Development (GDED) continues to advance inclusive economic transformation through a focused implementation framework that drives measurable impact in priority sectors of the provincial economy.

Thousands of jobs on the line in South Africa – with Eskom told to cut prices
Solidarity has warned that thousands of jobs could be lost if smelters do not get their wish for massively discounted electricity prices.

Anthropic boss rejects Pentagon demand to drop AI safeguards
Defense Secretary Pete Hegseth previously threatened to remove the firm from the department’s supply chain.

Jack Dorsey’s Block cuts thousands of jobs as it embraces AI
The Twitter co-founder says artificial intelligence “fundamentally changes what it means to build and run a company.”

Why you can’t get a signal at festivals and sports matches
Connecting up music and sports events to the internet is a massive undertaking.

‘I stopped engaging’ due to Instagram, YouTube, woman tells landmark trial
The young woman, who accuses Meta and Google of making addictive social media platforms, has been speaking in court.

Burger King rolls out AI headsets that track employee ‘friendliness’
The fast-food chain is testing OpenAI-powered headsets that monitor staff interactions with customers.

Mandelson referred to EU anti-fraud agency over Epstein emails
The European Commission says it is assessing whether the peer breached its code of conduct while its trade envoy.

‘Is this all good debt or bad debt?’
Karen has not only left the family in emotional turmoil but also serious debt

Walmart to pay $100m over claims it misled drivers over pay
The company told drivers they could expect to receive more in pay and tips than they actually did.

The small town in South Africa voted as the best to live in
A small agricultural town the Western Cape has been voted as the best to live in South Africa.