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Africa’s social enterprises are emerging as one of the continent’s most powerful engines for inclusive growth, job creation and community development.This is according to a landmark report released by the Schwab Foundation for Social Entrepreneurship in partnership with the World Economic Forum, the African Union Commission, Africa Forward, the Motsepe…

RFG Holdings, the JSE-listed food manufacturing company said headline earnings fell 9.7% to R521 million in the year to September 28 while contingency plans were being adopted to counter higher US tariffs.Group revenue for the company, which is in the process of being acquired by Premier Group in a share…

Economists remain optimistic that the South African Reserve Bank (Sarb) will cut interest rates from 7.00% to 6.75% per annum when the Monetary Policy Committee (MPC) meets on Thursday, despite consumer inflation rising to its highest level in more than a year.Data from Statistics South Africa (Stats SA) on Wednesday…

Tawanda KaromboLower production from platinum group metals mines in South Africa muzzled global PGM supply in the third quarter although gains from the world’s biggest producers of the metal, including Zimbabwe where Valterra, Impala Platinum and Sibanye-Stillwater operate, are expected to lift up supply by 2% next year.The World Platinum…

Banele GinindzaThe Fiscal Service Commission (FCC) has urged National Treasury to urgently pursue proactive debt restructuring, arguing that South Africa is missing a rare window of opportunity created by sharply lower government bond yields.Briefing Parliament on the recently tabled Medium-Term Budget Policy Statement (MTBPS), FCC head of research Chen-Wei Tseng…

Momentum Group’s 2025 positive earnings trajectory continued into the first quarter of its 2026 financial year, the insurance and financial services group said in an operational update.A strong operational performance in the three months to September 30 resulted in normalised headline earnings (NHE) of R1.76 billion. These results were underpinned…

The latest report from Statistics South Africa (Stats SA) reveals a concerning trend: in September 2025, 145 businesses were liquidated, pushing the cumulative year-to-date total to 1180 closures.This marks an alarming 23.9% spike compared to the same month last year, with a 13% increase in liquidations during the July–September quarter.…

As the world gears up for the annual Black Friday shopping frenzy on 28 November, a startling new survey conducted by Debt Rescue revealed a troubling shift in the motivations of South African consumers.Once primarily associated with splurging on luxuries, this year's shopping event has transformed into a desperate struggle…

As the world gears up for the annual Black Friday shopping frenzy on 28 November, a startling new survey conducted by Debt Rescue revealed a troubling shift in the motivations of South African consumers.Once primarily associated with splurging on luxuries, this year's shopping event has transformed into a desperate struggle…

The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90 000 on Tuesday compared with above $126 000 at the start of October.Below AFP explains why investors are turning away from the volatile asset. What has caused the latest price drop?Prior to the recent…