Business

End of an era for one of South Africa’s largest medical aids next week
Bonitas will move its administrative functions to Momentum in the coming days, as the fund seeks to adapt to a rapidly changing healthcare market.

Eskom launches new R1.2 billion solar project
Eskom Green has launched a R1.2 billion initiative to integrate renewable energy into its existing coal-fired power station network, starting with a 75 MW solar facility at the Lethabo plant.

How a rise in energy bills will affect you from July
Household energy prices will rise by 13% a year in July, as soaring wholesale costs caused by the US-Israel war with Iran hit bills for the first time.

Pick n Pay burning billions to save itself from collapse
Pick n Pay CEO Sean Summers says the retailer had to effectively “burn” more than R10 billion to prevent the broader group from collapsing.

Standard Bank wins global awards for Investment Banking and Sustainable Finance
Global Finance recognises Standard Bank’s progress in Investment Banking and Sustainable Finance, reflecting its role as a responsible partner in driving Africa’s growth through a just energy transition.

Why it’s now harder to get a Saturday job
The boss of Next has warned there has been a “dramatic fall” in the number of entry-level job opportunities in the UK.

What is happening to gas and electricity prices?
Typical annual household bills will rise by 13% when the new energy cap takes effect on 1 July.

Biggest financial blow to South Africans in two years
In April 2026, South African salary earners saw salaries fall to R20,244, the lowest level in two years.

New laws for workers in South Africa are coming
The Department of Employment and Labour (DEL) has gazetted its intention to table the Employment Services Amendment Bill in the National Assembly shortly.