Vernon Pillay

Digital Journalist, IOL Business

Watch VideoSONA 2025: Ramaphosa pledges R940 billion in infrastructure funding to address unemployment

Vernon Pillay|Published

In his 2025 State of the Nation Address, President Cyril Ramaphosa outlines a R940 billion infrastructure investment plan aimed at reducing South Africa's unemployment ...

Absa gets regulatory approval for Charles Russon to become Interim CEO

Vernon Pillay|Published

Charles Russon will be the sixth CEO in six years for Absa.

De Lille exults SA’s energy successes at New Development Bank meeting

Vernon Pillay|Published

Patricia De Lille said that South Africa has made great strides in addressing the energy crises but called on BRICS leaders to work together more.

Transnet secures R5 billion loan at New Development Bank meeting in Cape Town

Vernon Pillay|Published

The loan agreement was signed during NDB’s 9th Annual Meeting by NDB President, Dilma Rousseff and Transnet Group Chief Executive, Michelle Phillips.

New Development Bank: Godongwana calls for more investment from the private sector

Vernon Pillay|Published

Finance Minister Enoch Godongwana welcomed world leaders and delegates to the 9th Annual Meeting of the New Development Bank.

Post Office will no longer provide cash payments of Sassa social grants

Vernon Pillay|Published

If you collect your grant payment at your local Post Office, you will have to make other arrangements.

Virgin Active invests R430 million in making the company better

Vernon Pillay|Published

If you are an existing Virgin active member then you may be delighted to know that the company is focused on investing in their clubs.

Take a look at how chrome is mined in Zimbabwe and how it impacts an entire community

Vernon Pillay|Published

It is not every day you get the opportunity to tour a chrome mine in Zimbabwe as a media correspondent.

Zimbabwe is looking for investment – and African Chrome Fields has answered

Vernon Pillay|Published

Economic transformation and foreign investment are on the mind of the Zimbabwean government.

I got to see the ‘true’ side of Zimbabwe and yes, the country is open for investment

Vernon Pillay|Published

This week has been a whirlwind of a journey for myself and Business Report.

A look at KWV and its new CEO John Loomes

Vernon Pillay|Published

The brand that is KWV has long been synonymous with quality and for many South Africans it has been a trusted alcohol choice.

Knysna is looking for you to come and visit, in a bid to drum up the economy and support local businesses

Vernon Pillay|Published

Tourism Knysna is hoping that more people will look to Knysna as their destination of choice for the holidays and that will translate into more employment for the ...

Ramaphosa faces more blows as the rand falls and economic adviser jumps ship

Vernon Pillay|Published

President Cyril Ramaphosa's economic advisor, Trudi Makhaya resigned on Friday.

Airbnb Rooms: make extra money to pay off your bond

Vernon Pillay|Published

If you are like me and have a bond, you know that the interest rates and all the financial costs can be draining. But there may be an option to make some extra money ...

The private sector will play a pivotal role in addressing energy crisis – Minister Ramokgopa

Vernon Pillay|Published

He is hoping that more private players will be a part of addressing South Africa’s energy needs.

Who is G4S, the company embroiled in the Thabo Bester scandal

Vernon Pillay|Published

If you are on social media you would have seen the G4S officials being roasted by parliamentary members this week.

Dear President Ramaphosa, is Eskom insolvent?

Vernon Pillay|Published

The UIM and several other organisations have issued a combined letter to President Cyril Ramaphosa around the solvency of Eskom.

Silulo Ulutho Technology launches entrepreneurship programme

Vernon Pillay|Published

The Silulo Foundation entrepreneurship programme was launched on Saturday in Khayelitsha.

SONA 2023: What you missed and what you need to know

Vernon Pillay|Published

You did not watch the SONA - here is what you need to know

I almost got scammed by Darren Russell – the alleged Cape Town Airbnb swindler

Vernon Pillay|Published

It is not everyday that you wake up to the news that you could have been scammed and by the grace of God or some miracle, you escaped losing thousands of rand.

Markus Jooste must cough up R15 million and is barred from being a director for 2 decades – JSE

Vernon Pillay|Published

It is not the best start to the new year for disgraced former Steinhoff CEO Markus Jooste.

Sars told me I’ll only get back 70c on my income tax return – I changed that to over R9 000

Vernon Pillay|Published

By claiming my home office expenses, I proved Sars’s assessment was short-changing me.

The oldest pub in SA is on the market - Would you buy a part of SA history for R14 million?

Vernon Pillay|Published

Are you looking for your next property investment? Or, perhaps you want to own a part of South African history?

A look at how Guess is changing and what it has to offer SA consumers

Vernon Pillay|Published

It is not often that you get the chance to see a brand redevelop. We had an opportunity to see this happen with the Guess brand.

A look at how Pick n Pay, Nandos, and Chateau Gateaux capitalized on the Saint nightclub and Sonia Booth cheesecake saga

Vernon Pillay|Published

The impact that social media has had on South Africans was illustrated through two huge stories this week