Business

South Africa struggling to plug a hole leaking R100 million a day
South Africa has implemented several interventions to prevent the sale of illicit cigarettes, which is costing the country roughly R100 million per working day.

Interest rate hope for South Africa
Economists don’t expect an interest rate cut in July, but that doesn’t mean the Reserve Bank is done for the year, with a lot more room to move than many think.

Prominent South African airline in business rescue debacle
Legal experts have warned that Mango Airlines risks failure to launch after the High Court put a big barrier in front of its business rescue plan.

Sigenergy conducts full-scale fire test on modular commercial and industrial battery system
Sigenergy recently conducted a full-scale combustion test on its flagship C&I solution, SigenStack, under deliberately extreme conditions.

Government’s BEE warning to businesses in South Africa
The Department of Employment and Labour has warned businesses to obey the country’s new Employment Equity laws and prepare their plans for 1 September 2025.

Post Office could be owned by its workers, government says
The service could be turned into an employee-owned business, under options set out by the government.

Warning issued to Range Rover and Mercedes-Benz drivers in South Africa
The National Consumer Commission has issued a recall warning to South African motorists who drive certain Range Rover and Mercedes-Benz models.

Takealot adding more Pick n Pay delivery points in South Africa
Takealot says it will be rolling out more delivery pickup points at Pick n Pay supermarkets this year, expecting to hit a total network of 36 stores by the end of 2025.

United States snubs South Africa again
For the second time this year, the world’s most powerful finance ministers gather in South Africa without the presence of the US Treasury Secretary.