Business

Double blow for the NHI in South Africa
The High Court has followed President Cyril Ramaphosa’s pause on the NHI with an order sealing the deal.

Big pay hike for kings and queens in South Africa, now earning over R1.4 million
Traditional leaders and members of traditional houses will receive a 4.1% pay hike, taking the top salary to over R1.4 million.

Canadian company lists on the JSE
Aimia Inc. has listed on the JSE, with the Toronto-based conglomerate looking to reach new investors in South Africa.

Good news for salaries in 2026 – with tax relief on the cards
South Africans could see real increases in their salaries in 2026, with further relief from tax increases also on the cards.

Even bigger Eskom price shock coming for South Africa
Nersa has alerted South Africans to the final approval step for Eskom’s bigger-than-expected price hikes in 2026—which don’t include the increases to its fixed network charges.

Takealot Fire Sale in South Africa – Up to 55% savings, plus up to 30% real cash back with Absa Rewards
Whether you’re stocking up on everyday essentials or upgrading your favourite devices, the Takealot Fire Sale offers something for every South African.

Trump’s new global tariff comes into effect at 10%
The president threatened to raise the tariff to 15% but has not yet issued an official directive to increase the rate.

Best news for the rand in three years
Optimism among traders about the rand is at its highest level in three years, with many expecting the currency to strengthen further.

Competition Commission blocks deal to buy 35-year-old company in South Africa
The Competition Commission has blocked the R128 million deal where Transpaco would have acquired Premier Plastics.

Clothing bank faces closure as donations fall
Clothing Coventry has been operating since 2020, and needs £50,000 a year to keep the doors open.

New electricity crisis for South Africa, and major 76-year-old company’s profit tanks
Here are five important things happening in and affecting South Africa on Tuesday, 24 February 2026

The VAT increase businesses are begging for in South Africa
Lula has called on Finance Minister Enoch Godongwana to increase the VAT registration threshold for businesses.

More tech: a growing burden for South African businesses
When tools multiply, critical signals slip by unnoticed until decisions slow.

Trump Organization unveils plan for ‘Australia’s tallest building’
The tower will be built on Queensland’s Gold Coast and be 335 metres high, taller than the Shard in London.

FedEx sues for Trump tariff refund
The recent US Supreme Court ruling that President Trump overstepped his powers when he imposed global tariffs paved the way for companies to seek a refund.