
Huge relief for the rand and oil prices
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.
MONDAY, 20 APRIL 2026, 08:13

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.

Trellidor has announced the retirement of its CEO Terry Dennison after 25 years at the top job.

Spear REIT is acquiring Watergate Centre in Mitchells Plain, Cape Town in a deal worth R442 million.

Drivers have seen 46 days of increases as the US-Israeli war with Iran pushed up wholesale oil prices.

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.

A top South African online retailer has run marketing campaigns on BusinessTech for four consecutive years and enjoyed unmatched results when advertising its big sales.

An insurer reports a 71% rise in fraudulent claims, driven partly by an increase in faked images.

Power utility Eskom has announced that it has formally concluded its 2026 wage negotiation cycle, with workers accepting a 7% annual increase, starting 1 July.

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.

Seizure numbers hit a 17-year high as an estimated 300,000 uninsured vehicles are driven each day.

Xiaomi’s latest vacuum cleaners combine power, automation, and efficiency for modern South African homes.

Prosus has sold a stake in Germany’s Delivery Hero to Uber Technologies to comply with an order from the European Commission.

Here are five important things happening in South Africa on Friday, 17 April.

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.