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MONDAY, 20 APRIL 2026, 08:13

Business

Huge relief for the rand and oil prices

Friday at 15:52 PM, via BusinessTech

Oil prices have dropped and the rand has strengthened on news that Iran would open the Strait of Hormuz for the time being, increasing the prospect of a wider peace deal for the region.

Important town in South Africa at risk of complete collapse

Friday at 13:00 PM, via BusinessTech

A parliamentary select committee has raised significant concerns about the ineffective intervention in the Ditsobotla Local Municipality, noting a severe lack of support from national departments.

Big turn for petrol prices in South Africa

Friday at 09:45 AM, via BusinessTech

Data from the Central Energy fund for the end of the second full week of April shows a positive trend for fuel price recoveries, but nowhere near enough to save motorists from another massive hike.

Eskom wage hikes hit a major roadblock

Friday at 08:01 AM, via BusinessTech

Two of South Africa’s major labour unions have accepted state power utility Eskom’s 7% wage increase offer, and one has rejected it, demanding more.

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