South African banking giant buying international company for R13.9 billion
South African banking group Nedbank has announced an offer to acquire a majority stake in Kenya’s NCBA Group for R13.9 billion.
Business
One of South Africa’s world-class state companies went from hero to zero
Fifteen years ago, Transnet was widely regarded as one of South Africa’s strongest state-owned enterprises.
Another blow for domestic workers in South Africa
Domestic workers have seen a reduction in their pay increases in December 2025, adding to the pain for the sector.
Over 50,000 taxpayers cut ties with SARS
SARS says over 50,000 taxpayers have ceased to be tax resident in South Africa over the past few years.
Free holiday swimming for thousands of children
Wiltshire’s scheme is open to all primary and secondary school pupils who receive free school meals.
Next buys shoe chain Russell & Bromley but 33 shops at risk
The ailing shoe seller has found a saviour in Next’s £2.5m pound offer.
The end of prime in South Africa
South African Reserve Bank Governor Lesetja Kganyago says he favours ending the use of the prime interest rate in the country.