Siphelele Dludla

Content Manager: Business Report

SA Reserve Bank holds rates steady as Middle East conflict clouds inflation outlook

Siphelele Dludla|Published

South Africa's central bank has decided to keep interest rates unchanged at 6.75%, balancing inflation concerns with economic recovery amidst escalating tensions ...

SA faces ‘three futures’ as economists warn reform urgency will determine growth path

Siphelele Dludla|Published

Explore the Bureau for Economic Research's latest report on South Africa's economic future, highlighting three potential scenarios for growth and reform by 2030. ...

Govt says reopening of SA refineries is no quick fix amid fuel price pressures

Siphelele Dludla|Updated

Government officials assert that reopening South Africa's closed oil refineries won't provide a quick fix for rising fuel prices, highlighting the complexities of ...

Basic fuel price drives surge in SA petrol costs amid global oil volatility

Siphelele Dludla|Published

With global oil market volatility set to drive fuel prices higher in April, South African motorists must understand the factors influencing the basic fuel price ...

Fuel price hike clarity expected on Friday, says government

Siphelele Dludla|Updated

As global oil prices surge, South African motorists are bracing for significant fuel price increases. The Department of Mineral and Petroleum Resources is set to ...

IDC defends transformation record amid scrutiny over black business funding decisions

Siphelele Dludla|Published

The Industrial Development Corporation addresses allegations of discrimination against black-owned enterprises, reaffirming its commitment to transformation and ...

SA Tourism makes key executive appointments to enhance global competitiveness

Siphelele Dludla|Published

South African Tourism has appointed Sithembile Ndaba as Chief Marketing Officer and Ismail Dockrat as Chief Operating Officer, aiming to enhance its leadership and ...

SA holds just 8 million barrels in strategic fuel reserves despite ample storage capacity

Siphelele Dludla|Published

South Africa's strategic fuel reserves are significantly below capacity, raising concerns amid global energy market volatility. Officials assure that the country ...

PIC faces scrutiny as Daybreak collapse exposes due diligence gaps

Siphelele Dludla|Published

The Public Investment Corporation is under fire for its investment in Daybreak Foods, as Parliament raises concerns over governance failures and ongoing instability ...

PIC defends CIO exit as “normal commercial terms” amid governance scrutiny

Siphelele Dludla|Published

The Public Investment Corporation clarifies the departure of its chief investment officer, Kabelo Rikhotso, asserting it was a mutual agreement without performance ...

Govt remains confident about SA Investment Conference despite Middle East tensions

Siphelele Dludla|Published

Despite rising geopolitical tensions in the Middle East, South Africa's Trade Minister Parks Tau expresses confidence in the country's investment drive, highlighting ...

Business sector warns Middle East conflict threatens South Africa’s fragile recovery

Siphelele Dludla|Published

Sacci warns that the escalating conflict in the Middle East is destabilising global markets, threatening South Africa's economic recovery and calling for diplomatic ...

Gold plunges to 4-month low, rand weakens as war-driven inflation fears batter markets

Siphelele Dludla|Published

Gold prices have fallen sharply due to rising geopolitical tensions and inflation fears, while the South African rand faces significant pressure from global market ...

Sacci warns Middle East conflict threatens global stability, urges SA to push for ceasefire

Siphelele Dludla|Published

The South African Chamber of Commerce and Industry (Sacci) raises concerns over the escalating Middle East conflict, warning of its potential to destabilise global ...

Numsa members strike at Sibanye Rustenburg contractor over pay and conditions

Siphelele Dludla|Published

Members of the National Union of Metalworkers of South Africa have initiated a protected strike at Manengena Contractors, demanding wage increases and improved working ...

Oil surge above $110 deepens global economic risks and raises pressure on South Africa

Siphelele Dludla|Published

Brent crude oil prices have surged past $110 per barrel due to escalating conflicts in the Middle East, raising concerns about supply disruptions and their economic ...

Fears of fuel shortages grow in South Africa as Middle East conflict intensifies

Siphelele Dludla|Published

The recent Grain SA Congress revealed the mounting pressures on South African grain farmers, highlighting the urgent need for policy reform to ensure food security ...

Treasury unveils metro reform to fix failing city services and unlock R100bn investment

Siphelele Dludla|Published

South Africa has initiated a reform programme to enhance the financial and operational health of its metropolitan municipalities, aiming to unlock over R100 billion ...

Inflation dips to 3% in February, but fuel shock threatens outlook

Siphelele Dludla|Published

South Africa's inflation rate eased to 3% in February, driven by falling fuel prices, but economists warned that the outlook faces upside risks as the data largely ...

Oil shock could stall South Africa’s recovery as fuel risks and inflation pressures mount

Siphelele Dludla|Published

Oxford Economics Africa warns that South Africa's fragile economic recovery could face renewed strain in 2026 due to rising global oil prices driven by geopolitical ...

South Africa set to scale back borrowing as Africa’s debt climbs to $155bn, says S&P

Siphelele Dludla|Published

South Africa is poised to reduce its borrowing in 2026, contrasting with a projected rise in African sovereign debt to $155 billion, according to a new S&P Global ...

Parliament presses for stronger oversight of sharing economy amid short-term rental rules

Siphelele Dludla|Published

Parliament's Portfolio Committee on Tourism is intensifying its examination of South Africa's short-term rental sector, addressing concerns about enforcement, taxation, ...

Sars cracks down on corrupt customs officials in illicit economy bust

Siphelele Dludla|Published

The South African Revenue Service has launched a series of operations against officials involved in a customs fraud scheme, revealing significant losses in tax revenue ...

Manufacturers under pressure as weak demand dampens confidence in early 2026, Absa survey

Siphelele Dludla|Published

South Africa's manufacturing sector begins 2026 with declining confidence due to falling demand and sales, despite some resilience in specific subsectors. The latest ...

Treasury skips key parliamentary briefing on sanitary dignity programme

Siphelele Dludla|Published

South Africa's National Treasury has declined to attend a parliamentary briefing on the Sanitary Dignity Programme, raising concerns about accountability and the ...