Business

Huge blow for the rand
The rand has weakened sharply against the US dollar over the past week. Economists and analysts have laid out where they expect things to go from here.

BusinessTech is crushing it – Advertise on South Africa’s top business news website
BusinessTech is the biggest South African business news website according to the IAB statistics for February 2026.

South African financial giant buys company on tiny European island
The Prescient Group has acquired Obsidian Fund Services Guernsey, as it looks to expand its fund services to more clients.

Lenders lift mortgage rates as Middle East conflict continues
Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.

Luxury hotel closing down after 10 years in South Africa
City Lodge Hotel Newtown in Johannesburg is scheduled to close at the end of March 2026, and the lease, which terminates at the end of May 2026, will not be renewed.

Severe storm warning for homeowners across South Africa
The South African Weather Service (SAWS) has issued a warning about severe thunderstorms expected to hit large parts of South Africa.

US eases sanctions on Russian oil sales to India during Iran conflict
Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a “stop gap measure”.

R4.50 per litre shock coming for South Africa
South African motorists are in for major price pain in April, with the latest data from the Central Energy Fund (CEF) pointing to steep increases in petrol and diesel prices.

Huge changes to VAT laws in South Africa
The Western Cape High Court has ruled that the Finance Minister does not have control over setting the VAT rate following the 2025 National Budget fiasco.

Charity warns of impact as heating oil prices rise
The price of heating oil has risen amid the Middle East conflict, hitting many in rural areas.

High Court declares massive changes for VAT, and new crime taking hold in South Africa
Here are five important things happening in South Africa on Friday, 6 March 2026.

Business Talk – Zoho’s Andrew Bourne on using CRM and AI to convert data into growth
Andrew Bourne is the Regional Head of Southern Africa at Zoho and has over two decades of experience working in sales, marketing, and technology.