
SPAR plummets to a 16-year low
SPAR’s share price plummeted to its lowest levels since 2010 on the back of poor financial results and leadership instability.
FRIDAY, 27 FEBRUARY 2026, 19:27

SPAR’s share price plummeted to its lowest levels since 2010 on the back of poor financial results and leadership instability.

South Africa’s credit rating does not fully reflect its underlying fundamentals, resulting in significantly higher borrowing costs.
Parts of Cape Town International Airport have been evacuated after a fire broke out near the international terminal.
The Mineral and Petroleum Resources Minister said rescue teams are preparing to start removing mud at the mine as efforts intensify to recover the bodies of miners now believed to have died in a mudrush last week.

A R100 million investment sees Virgin Active launch a premium “social wellness” club in Cape Town.

The Department of International Relations and Cooperation has accepted the credentials of new US ambassador to South Africa and well-known conservative activist Leo Brent Bozell III, despite calls to reject Trump’s top choice for the job.

The Treasury’s fiscal consolidation efforts are paying off in terms of South Africa’s financial health, but are seeing taxpayers pay more for less.

South Africa’s Finance Minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to introduce the rule aimed at curbing public debt, according to a Bloomberg poll.
Only three out of 10 pupils in Grades 1 to 3 can read at their grade level in their home languages.

Five workers at Ekapa Mine have been trapped underground since last Thursday, with Minister Gwede Mantashe saying a thorough investigation will be conducted.

National Health Insurance will cause such a decline in healthcare standards that people will flee the country, warned prominent medical professional Dr Jonathan Witt.

These are the key developments happening in South Africa today, 24 February 2026.
A US judge permanently barred the Justice Department from releasing a prosecutor’s report on the criminal case accusing US President Donald Trump of unlawfully retaining classified documents following his first term in office.

Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the currency’s headlong rally has further to run, especially as investors brace for potential budget surprises this week.

Altron is set for another year of strong earnings growth, as its strategy of focusing on higher-margin, annuity-revenue growth opportunities pays off.

Acknowledging that BEE is not fulfilling its transformation mandate, the Minister of Trade, Industry and Competition is implementing new laws and a new R100 billion fund for BEE compliance.
Minister of Finance Enoch Godongwana is unlikely to formally adopt a fiscal anchor in this week’s Budget.

The former site of the Nature and Culture History Museum in Pretoria, once a key national cultural and historical institution, now stands abandoned.

At least 73 people are dead in Mexican cartel violence after the killing of El Mencho, raising urgent questions about security four months before the 2026 World Cup.