Business

Another national disaster for South Africa
Floods to the east and droughts to the west as South Africa classifies yet another national disaster, calling for all organs of state to take action.

Gold rebounds above $5,000 after US downs Iran drone
Precious metal price voliatility continues as geopolitical tensions push investors to safe-haven assets.

Say goodbye to South Africa’s billionaire-backed banking giant as you know it
South African digital bank TymeBank has officially transitioned to GoTyme Bank, marking the next chapter in the bank’s evolution as part of the global Tyme Group.

John Steenhuisen is out
Democratic Alliance leader John Steenhuisen has announced he will not contest the party’s next federal election, marking the end of his time as party leader.

Trump keeps AGOA alive for now
US President Donald Trump on Tuesday signed a law extending a preferential trade program for Africa through 31 December 2026.

Plan to give black businesses in South Africa R55 million a day under fire
The government’s plan to channel R100 billion into black-owned businesses through a Transformation Fund has come under fire.

Vodacom rakes in the cash
South African mobile group Vodacom has seen significant revenue growth in the third quarter ending 31 December 2025, bolstered by strong international operations.

Another company to shut operations in South Africa
South African paper and plastics manufacturer MPact says it will move ahead with retrenchments as it considers shutting down its paper mill operations in Springs.

Pinterest sacks engineers for tracking layoffs
The social media platform announced last week that it was laying off around 15% of its workforce.

Trouble for Please Call Me Idea-man, and fight brewing over rooftop solar in South Africa
Here are five important things happening in South Africa on Wednesday, 4 February 2026.

Money set to flood into South Africa
Money is set to flow into South Africa thanks to a combination of low inflation, improving policy credibility, and favourable global shifts.

X offices raided in France as UK opens fresh investigation into Grok
Elon Musk’s X and Grok platforms are facing increased scrutiny from authorities on both sides of the channel.