Business

Government borrowing falls by £20bn in year to March
An increase in spending is more than more than offset by increased tax receipts, official figures show.

Capitec’s big technology push – Over 15 million app users while saving R673 million with anti-fraud AI
Capitec increased its banking app clients by 19% year-on-year – from 12.9 million to 15.3 million.

Ramaphosa in hot water, and bad news for anyone with insurance in South Africa
Here are five important things happening in South Africa on Thursday, 23 April.

An OUTsurance quote could save you money – or earn you cash
If you’re in the market for car insurance or simply curious about whether you could be paying less, getting a car insurance quote from OUTsurance is a smart place to start.

Watch: BBC goes undercover at mini-mart selling drugs
BBC UK editor Ed Thomas confronts a shopkeeper secretly filmed selling cannabis and cocaine to one of our researchers.

R1.9 billion stolen from South Africans – over R12,500 per person
WesBank has issued a warning to South Africans over the rampant surge in digital banking fraud, which has cost South Africans over R1.9 billion.

How a pivot to hair accessories led to business success
Jenny Lennick’s colourful hair clips are sold across the US and around the world.

South Africa’s richest city is in serious trouble as it collapses in front of everyone’s eyes
A request made by the municipality of Johannesburg for additional financing from the Agence Française de Développement has been turned down.

Four arrested over suspected home insulation scheme fraud
The Serious Fraud Office raided homes and businesses over alleged conspiracy to defraud public money.

Inflation: What do price increases mean for you?
Prices went up by 3.3% in March, but what does that mean for you asks the BBC’s Colletta Smith.

Red Rooster festival cancelled due to rising costs
Organisers say it has not been possible to secure the funding to “deliver this year’s event”.

Capitec is tightening the taps
Capitec has tightened its lending, with the group taking a prudent approach amid the conflict in the Middle East.

Historic 280-year-old family farm in South Africa that makes export-quality fruit and cannabis
The oldest family business in the world was founded in 719 AD in Japan, while South Africa’s oldest family-owned business, Boplaas 1743 Estate, is over 280 years old.

Warning over big change for employees in South Africa coming next week
Legal experts have warned that the new earnings threshold taking effect next Friday (1 May) could have significant financial implications for employers in South Africa.

Fine today. Financial nightmare tomorrow.
4 signs it’s time to get a car warranty (even if your car is running fine)

The one thing that could stop interest rate hikes in South Africa
The South African Reserve Bank’s decision on future interest rates depends heavily on the the Iran War.