RCL Foods reports subdued grocery sales despite positive economic indicators

Edward West|Published

RCL Foods reveals that despite positive economic signals, consumer spending on food products remains low, impacting sales and earnings. CEO Paul Cruickshank discusses ...

RCL FOODS warns against purchase of stolen condemned pet food

Ashley Lechman|Published

With pet food safety a pressing concern, RCL FOODS takes significant steps to protect both consumers and their furry companions, reminding us all of the importance ...

South Africa launches R100 million hub at Wits to boost green hydrogen economy

Siphelele Dludla|Published

South Africa's R100 million investment in the Wits-South Africa Hydrogen Localisation Initiative aims to enhance local research and industrial capacity in the green ...

SARS pushes for President-led crackdown as illicit economy swells to R1.2 trillion

Siphelele Dludla|Published

The South African Revenue Service (SARS) has proposed a comprehensive strategy to address the growing illicit economy, highlighting the urgent need for coordinated ...

Oil prices poised for historic surge amid US-Israel strikes on Iran

Siphelele Dludla|Published

Following military strikes by the US and Israel against Iran, oil markets brace for a potential price shock, with analysts predicting prices could soar to unprecedented ...

Media24 to shut down City Press as part of digital shift

Edward West|Published

Media24's decision to close City Press marks the end of an era for the newspaper, prompting discussions about the future of print media as digital consumption continues ...

South Africa's car market in 2025: Growth in used vehicles and the rise of Chinese brands

Edward West|Published

he 2025 AutoTrader Annual Car Industry Report reveals significant trends in South Africa's automotive market, highlighting the growth of used vehicles, the dominance ...

Vukile expands into Madrid with €318 million purchase of Islazul Shopping Centre

Edward West|Published

Vukile Property Fund is set to make its debut in Madrid by acquiring the Islazul Shopping Centre for €318 million, marking a significant step in its capital recycling ...

Northam announces record interim dividend and significant profit growth

Edward West|Published

Northam Platinum's share prices surged over 7% following the announcement of a record interim cash dividend of R2.8 billion, alongside impressive financial results ...

Impact of fuel levy and excise duty increases on South African consumers

Edward West|Published

The recent increases in fuel levies and excise duties announced in the National Budget are set to have a cumulative impact on South African consumers. This article ...

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. ...

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 ...