Business

New tax could force some South African businesses to close
The SA Bookmakers Association has warned that the proposed 20% gambling tax could be the final nail in the coffin for many businesses that are already operating on thin margins.

The shock South Africa really didn’t need
Business Confidence in South Africa has hit some of its highest levels since 2015—but the US-Iran war has rattled markets, and risks turning things sour.

Foreign investors are betting big on South Africa
JSE CEO Leila Fourie says that the bourse has seen a rise in foreign investment, with the group cautiously optimistic over further listings.

Load shedding warning for South Africa
Synthesis Power Solutions director and energy expert Thomas Garner says load shedding could return in South Africa.

New social grant for South Africa on the way
The Department of Social Development has confirmed that a new BIS grant is being processed, with consultations to be finalised in March 2026.

Woolworths under pressure
Woolworths’ operations have seen sales growth, but the group’s gross profit margin and overall profit have taken a hit.

‘I fiddled the meter for a mate and the shop burnt down’
A BBC investigation speaks to electricians and families setting up illegal meter bypasses to steal power.

Bad news for taxpayers in South Africa, and South Africa’s R35 billion waterfront ‘city’ mess
Here are five important things happening in South Africa on Wednesday, 4 March 2026.

New rules make it easier to dismiss employees in South Africa
The Cabinet has approved sweeping amendments to South Africa’s key labour laws, including changes to the Labour Relations Act and the Basic Conditions of Employment Act.

Asia stocks fall for third day, oil steadies as investors watch Iran war
The conflict in the Middle East has rattled financial markets and global energy prices have soared.

Use our tax calculator to see how the Spring Statement affects you
Wages are forecast to go up over the next five years but you could pay more tax because of frozen thresholds.

Trump says US Navy will protect ships in Middle East ‘if necessary’
The US President said he was taking steps to keep energy supplies flowing as oil prices continued to surge.