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FRIDAY, 20 MARCH 2026, 01:51

South Africa

Newly listed AI-led fintech Optasia delivers 76% revenue growth for 2025, exceeding IPO guidance

Wednesday at 15:37 PM, via iAfrica

Optasia, an AI-powered financial infrastructure platform serving underbanked customers in emerging markets, today announced its results for the twelve-month period ended 31 December 2025 (“FY25”).  Salvador Anglada, Optasia’s CEO, commented: “2025 was a transformative year for Optasia. We successfully completed our category-defining listing on the JSE in November and welcomed FirstRand...

Government dissolves Ingonyama Trust Board amid governance concerns

Wednesday at 15:35 PM, via SAnews

Government dissolves Ingonyama Trust Board amid governance concerns

Land Reform and Rural Development Minister Mzwanele Nyhontso has dissolved the Ingonyama Trust Board following a series of resignations of several board members before the expiry of their terms of office.

The move comes after the Minister consulted with the Ingonyama and the KwaZulu-Natal Premier due to concerns...

SA Innovation Week highlights gains of investing in research and development

Wednesday at 15:33 PM, via SAnews

SA Innovation Week highlights gains of investing in research and development

Science, Technology and Innovation Deputy Minister Dr Nomalungelo Gina says innovation is the lifeblood of any forward-looking country and industrialisation. 

“…All fast-growing economies are driven by strong investments in research and development (R&D) and a robust system for commercialising...

Government welcomes easing of CPI

Wednesday at 15:24 PM, via SAnews

Government welcomes easing of CPI

Government has welcomed a further easing of the annual consumer price inflation (CPI) to 3.0% in February 2026, down from 3.5% in January 2026, indicating sustained progress in stabilising prices. 

The monthly change in the CPI was 0.4%, reflecting contained price pressures across the economy.

The lower inflation outcome was supported by several key...

Call for PROs to drive waste diversion

Wednesday at 14:35 PM, via SAnews

Call for PROs to drive waste diversion

Government has called on the Producer Responsibility Organisations (PROs) and their members to significantly increase the rate of waste diversion, especially of plastics and composite packaging. 

“The PROs and their members are well-positioned to drive this shift — not only through recycling targets, but by closing material loops and...

Nelson Mandela Bay activates comprehensive drought mitigation plan

Wednesday at 13:21 PM, via SAnews

Nelson Mandela Bay activates comprehensive drought mitigation plan

Nelson Mandela Bay Municipality has activated and is implementing a comprehensive Drought Mitigation Plan as dam levels supplying the metro approach critical levels, following the declaration of a national disaster in the Eastern Cape.

In February 2026, the National Disaster Management Centre classified the drought...

Drugs and illicit goods intercepted at Oshoek border

Wednesday at 13:13 PM, via SAnews

Drugs and illicit goods intercepted at Oshoek border

Officials of the Border Management Authority (BMA), the South African Revenue Service (SARS) and the South African Police Service (SAPS) have intercepted a truck transporting illicit drugs and goods at the Oshoek port of entry.

BMA Commissioner, Dr Michael Masiapato, has commended the officials for the successful joint...

eThekwini intensifies compliance inspections to curb hazardous risks

Wednesday at 12:25 PM, via SAnews

eThekwini intensifies compliance inspections to curb hazardous risks

The eThekwini Municipality has intensified compliance inspections across the city to ensure that people living and working near hazardous operations remain safe and protected.

The municipality’s Fire Services Directorate and Environmental Health Division has ramped up enforcement through unannounced inspections,...

Consumer inflation slows to 3%

Wednesday at 11:32 AM, via SABC News

Stats SA’s Patrick Kelly has attributed the lower inflation rate to delayed medical aid rates.

Hlabisa reaffirms DDM as key to coordinated service delivery

Wednesday at 11:13 AM, via SAnews

Hlabisa reaffirms DDM as key to coordinated service delivery

Cooperative Governance and Traditional Affairs (CoGTA) Minister Velenkosini Hlabisa has reaffirmed the District Development Model (DDM) as a central pillar of South Africa’s development strategy.

“The DDM acts as the primary operational framework to bridge the gap between planning and service delivery across all 44...

Severe thunderstorm warning issued for five provinces

Wednesday at 11:10 AM, via SAnews

Severe thunderstorm warning issued for five provinces

The South African Weather Service (SAWS) has issued a warning for severe thunderstorms in the Northern Cape, KwaZulu Natal, Gauteng, Limpopo and Mpumalanga on Wednesday.

“A surface trough, supported by a slow-moving upper trough, will result in severe thunderstorms in the Karoo Hoogland District (Northern Cape), leading to...

Probe into PRASA contract irregularities continues

Wednesday at 10:27 AM, via SAnews

Probe into PRASA contract irregularities continues

The Passenger Rail Agency of South Africa (PRASA) has provided an update on an independent forensic investigation into irregularities in seven contracts awarded for the refurbishment and extension of the service life of the agency’s legacy rolling stock fleet.

The investigation by Webber Wentzel Attorneys was commissioned to probe...

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