Business

Hijacked buildings with a growing squatter camp in South Africa’s capital
The Melgisedek Buildings in South Africa’s capital, Pretoria, have become known for hijacked buildings and a growing squatter camp.

Defence giant BAE hails record sales as workers remain on strike
Defence company BAE has increased payouts to investors after its sales increased by staff in Lancashire have walked out over stalled pay talks

Chinese technology giant launches in South Africa
Haier has officially launched in South Africa, shortly after the Chinese giant bought Kwikot.

Another one of South Africa’s most important employers in trouble
Energy costs, crime, poor infrastructure, and unstable electricity and water supply threaten up to 34,000 new jobs across one of South Africa’s major industries.

Calls to change R500,000 tax-free limit in South Africa
Old Mutual has called on the government to increase the lifeltime cap for tax-free investment accounts, which has not been changed for a decade.

Are UK interest rates expected to fall soon?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

New legal challenge launched against Ramaphosa and the NHI
Another legal case has been launched against the National Health Insurance (NHI) scheme, directly challenging the constitutionality of the NHI Act, seeking to have it declared invalid.

Why are UK prices still rising?
UK Inflation has dropped back from record highs but remains above the Bank of England’s 2% target.

Criminals have a new target in South Africa
The popularity of e-hailing services such as Uber and Bolt has created a new target for criminals in South Africa.