Business

More interest rate and petrol price pain on the cards for South Africa
Even if the war between the United States and Iran is resolved in the near term, analysts warn that it will take months for energy flows to return to normal.

South Africa’s richest city in danger of falling further into junk
Moody’s may downgrade the City of Johannesburg’s credit rating if it fails to get its suspension from the JSE lifted.

What’s happening to UK petrol and diesel prices?
UK petrol and diesel prices have started to fall after 46 consecutive days of rises at the pump.

New R2.4 billion mega-bridge launching this week
South Africa and the Kingdom of Lesotho will officially unveil the completed Senqu Bridge this week, marking a major milestone in Phase II of the Lesotho Highlands Water Project.

Questioning the narrative: why investors should look beyond market slogans
Investment markets have the tendency to compress complex realities into simple, memorable phrases. While these narratives can be useful shorthand, they can obscure opportunity.

Recession warning for South Africa
The IMF has warned that the global economy faces recession if the conflict in the Middle East continues—with energy-importing countries like South Africa at even greater risk.

New R270 million hotel opening in major coastal shopping mall and casino precinct in South Africa
The R270 million Capital Boardwalk Hotel, featuring 145 hotel rooms and apartments, will open in Gqeberha this month, with bookings starting from May.

Joint state-owned company hit with R500,000 fine
The JSE has hit the Komati Basin Water Authority with a R500,000 fine for failing to timeously announce the appointment of an executive.

New BEE rules for certain companies, and High Court blow to Eskom
Here are five important things happening in South Africa on Monday, 20 April.

Debt problems in seaside town among UK’s worst
A debt charity believes the town’s seasonal job market is in part to blame.

One group of South Africans in deep trouble
A group of South Africans are increasingly being pushed out of the property market by a cost-of-living crisis and stagnant wages.

Oil prices jump as Strait of Hormuz tensions escalate
Energy markets have seen wild swings since the US and Israel attacked Iran on 28 February.

Aer Lingus cancels some flights from summer schedule
The airline said the “vast majority of customers” are being accommodated on same-day services.