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KAP reports 32% increase in well diversified interim headline earnings

Edward West|Published

KAP, the diversified industrial group, reports a 32% increase in headline earnings per share for the six months to December 31, despite a 3% decline in revenue. CEO Frans Olivier attributes the growth to improved operational efficiencies and strategi…

Cabinet targets organised crime, illicit economy to tackle unemployment and lift growth

Siphelele Dludla|Published

The South African government is intensifying its fight against organised crime and the illicit economy, viewing these efforts as vital to reducing unemployment and ...

Business backs Budget as fiscal credibility returns, but growth concerns linger

Siphelele Dludla|Published

South Africa's business leaders have welcomed the 2026 Budget presented by Finance Minister Enoch Godongwana, highlighting its potential for economic reform and ...

Tiger Brands reports steady growth amid rising food inflation

Edward West|Published

Tiger Brands reports a 1% revenue increase amidst ongoing food inflation, maintaining strong operating margins while navigating a competitive consumer environment. ...

Godongwana defends four-pillar Budget strategy as debt risks and slow growth loom

Siphelele Dludla|Published

Finance Minister Enoch Godongwana outlines South Africa's fiscal strategy, focusing on macroeconomic stability, structural reforms, infrastructure investment, and ...

Treasury redirects R400m to tackle Foot-and-Mouth as disaster declaration raises funding questions

Siphelele Dludla|Published

National Treasury reallocates R400 million in agricultural funds to tackle the foot-and-mouth disease outbreak, as the government prioritises internal resources ...

Treasury axes R8.4bn in Bus Rapid Transit funding, shifts billions to rail in efficiency drive

Siphelele Dludla|Published

National Treasury's decision to reduce the Public Transport Network Grant by R8.4 billion over three years raises concerns about the future of Bus Rapid Transit ...

Godongwana defends R1.5bn-a-day borrowing amid rising debt projections in 2026

Siphelele Dludla|Published

Finance Minister Enoch Godongwana defends the government's decision to increase borrowing despite rising debt projections, highlighting a strategic approach to fiscal ...

Godongwana signals possible national intervention in Johannesburg water crisis

Siphelele Dludla|Published

Finance Minister Enoch Godongwana signals potential national intervention in Johannesburg's worsening water crisis, highlighting the urgent need for action as infrastructure ...

R1 trillion infrastructure spending: A roadmap for South Africa's recovery

Edward West|Published

With a focus on enhancing infrastructure, the South African government plans to allocate R1 trillion to various sectors, including transport, energy, and health, ...

Corporate profits and rising precious metals prices boost South Africa's revenue projections

Edward West|Published

South Africa's National Treasury has revised its revenue outlook upwards by R21.3 billion, driven by rising corporate profits, particularly in the mining sector, ...

South Africa's National Budget: No personal tax increases and inflation relief

Edward West|Updated

South Africa's 2025 National Budget brings welcome news for taxpayers with no personal tax increases and inflation adjustments to tax brackets, while also addressing ...

Motus navigates forex losses while celebrating strong vehicle sales in South Africa

Tawanda Karombo|Published

Motus reports a notable increase in interim profitability, driven by strong vehicle sales in South Africa, despite facing significant foreign exchange losses and ...

Rand holds firm near R16 as markets bet on credible 2026 Budget

Siphelele Dludla|Published

With the South African rand trading at its strongest levels since 2022, experts discuss the factors behind this resurgence and what to expect from the upcoming 2026 ...

Fixed investment: A path to recovery through public-private partnerships

Edward West|Published

Economists discuss the challenges and potential solutions for increasing South Africa's Gross Fixed Capital Formation, highlighting the importance of public-private ...

Parliament to launch inquiry into IDC over claims of bias against black businesses

Siphelele Dludla|Published

Parliament is set to launch a formal inquiry into the Industrial Development Corporation following allegations of discrimination against black-owned businesses. ...

How to effectively resolve disputes in South African sectional title properties

Grant Smee|Published

Discover effective strategies for resolving disputes in sectional title properties in South Africa, from understanding your rights to engaging with the Community ...

Competition Commission blocks Transpaco's R128 million acquisition of Premier Plastics

Edward West|Published

Transpaco’s planned R128 million acquisition of Premier Plastics has been blocked by the Competition Commission, citing concerns over reduced competition in the ...

Parliament erupts over IDC’s treatment of black businesses as MPs back formal probe

Siphelele Dludla|Published

Parliament's portfolio committee on trade and industry held a heated session, accusing the Industrial Development Corporation of failing black businesses and calling ...

Aveng terminates Moolmans disposal talks amid Tshipi contract disputes

Edward West|Published

Aveng's Moolmans faces significant challenges as contract disputes on the Tshipi manganese mining project lead to the termination of disposal negotiations. CFO Adrian ...