Business

Another 135 companies close down in South Africa as disaster looms
Liquidations in South Africa rose sharply in February 2026, rising 40% month-on-month, with warnings that worse may lie ahead.

South Africa’s most valuable bank buys R1.5 billion stake in company from Dubai
FirstRand has increased its stake in Optasia, acquring an additional 6% of shares for R1.5 billion.

R100 million bonus on the cards for new Woolworths CEO
Woolworths has acquired close to 1 million shares for its incoming CEO, Sam Ngumeni, as part of a once-off outperformance share award.

Standard Bank responds to viral fraud and intimidation allegations
South African banking group Standard Bank has responded to allegations of fraud and intimidation, which have gone viral on social media.

Massive work-from-home shift on the cards for South Africa
The government raised the idea of work-from-home as a practical way to mitigate what is shaping up to be a massive fuel price shock next month.

Working parents ‘struggling to afford nappies or food’
More working families asking for baby essentials

Another food product pulled from shelves in South Africa, and SA police in hot water
Here are five important things happening in South Africa on Thursday, 26 March 2026.

Do not turn your heating off, charities warn
Organisations say there is support available after heating oil doubled in price due to the war in Iran.

Lifestyle audits going after government officials’ bank statements in South Africa
The SIU wants the Department of Public Service to tap bank records when conducting lifestyle audits, as officials exploit loopholes to avoid detection.

Rocket stocks soar on reports Musk’s SpaceX set to file for share sale
Reports that the firm plans the biggest listing ever sent the shares of firms in its orbit soaring.

Prepare for turbulence – how a prolonged Middle East conflict could reshape how we fly
The Gulf’s hub airports made long-distance travel cheaper – but now their future looks unclear.