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A majority of South African financial analysts, business executives and representatives of the trade union movements are expecting the cost of living to remain contained within the 4.5% midpoint of between 3-6% target range this year.The Bureau for Economic Research (BER) said on Monday that expectations for South Africa’s headline…

By Yael Shafrir, Raeesah Shaik,Nasmé Puley, and Shirleen Ritchie.A year ago, South Africa was mired in load shedding, with the importance and relevance of electric vehicles (EVs) far from the public imagination. How can a country that struggles to keep the lights on dedicate time and resources to building out an EV future?Fast forward a year,…

The tide is turning against Tesla and SpaceX founder Elon Musk. Many who bought Tesla cars are now beginning to sell their beloved electric vehicle cars. Many are reacting due to their disagreement with the entrepreneur’s involvement and actions in the US government.The reaction is not just in America, but…

By Sameer KumandanThe 2025 Budget Speech held on 12 March 2025, made it clear that financial crime enforcement and compliance are top priorities for the government. Increased funding for forensic investigations, regulatory oversight, and tax compliance monitoring means businesses under FICA (Financial Intelligence Centre Act) must prepare for greater scrutiny and stricter enforcement. Here’s what the budget announcements mean for accountable institutions, including banks, microlenders, legal firms,…

Coal producer Thungela Resources kicked off its 2024 results with a strong message from CEO July Ndlovu, who said, “Full-year export saleable production exceeded guidance in both South Africa and Australia. Notably, South African production grew for the first time in three years due to increased productivity and improved rail…

Absa's board has appointed former Standard Bank deputy CEO Kenny Fihla as the new chief executive on Monday, after he resigned suddenly from his former employer on Sunday night.Absa said Fihla's appointment as CEO was effective from June 17, 2025, while its current interim CEO Charles Russon will stay on…

Former Brazilian President, Jair Bolsonaro’s son, Eduardo Bolsonaro accused Inacio Lula Da Silva and his government of actively using state resources to persecute his father. Eduardo had provided this information to the Trump administration, which has been in support of Jair Bolsonaro before and during Bolsonaro’s tenure as president. The…

Craig Blignaut Consumer demand for accessible data is reshaping services and innovation in 2025. In quarter one 2024, one user consumed 411.4 terabytes, while MTN notes average contracted users now use 21.9 gigabytes monthly - up 44% since 2023. Statista reports internet usage in South Africa nears 80% of the population,…

Finland has refused to export eggs to the US, citing regulatory hurdles and supply constraints, after the US Department of Agriculture (USDA) reached out to several EU producers amid skyrocketing domestic prices, local outlet Yle has reported.The American market is experiencing a severe egg shortage due to a bird flu…

RFG Holdings, the packaged foods group with iconic brands such as Bull Brand, Pakco, Magpie and Rhodes Quality, posted a modest revenue uptick of 2.1% to R3.1 billion for the five months ended February 2025, a period marked by resilient domestic demand and bruising setbacks on the global stage.In a trading…