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WEDNESDAY, 28 JANUARY 2026, 04:02

Top Stories

News24 | Prime rate should be scrapped, says Kganyago

21 January at 13:04 PM, via News24

South African Reserve Bank Governor Lesetja Kganyago said he favours ending the use of prime, the main reference rate commercial banks use to price trillions of rand of loans to clients.

Taxpayers score a legal win against SARS

21 January at 12:40 PM, via Daily Investor

Recent Tax Court rulings have upheld taxpayers’ rights by rejecting SARS’s attempts to increase disputed assessments after prescription.

Salary crisis at South African state-owned company

21 January at 11:35 AM, via Daily Investor

Two divisions at Denel have allegedly told staff they will not receive their salaries this month as the state-owned enterprise continues to face financial and governance challenges.

WeBuyCars set for Chinese boost

21 January at 11:03 AM, via Daily Investor

Chinese car brands are rapidly gaining traction in South Africa’s used car market, reshaping buyer behaviour and turning a competitive headwind for dealers like WeBuyCars into a potential long-term tailwind.

Minister’s R14 per litre of petrol ‘promise’ in South Africa

21 January at 10:04 AM, via Daily Investor

Despite statements about cutting fuel prices to R14 per litre, South Africa’s petrol and diesel remain well above that level, largely due to sharply rising taxes and a weaker rand, with little relief delivered from government reviews.

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