business news rss feed https://www.theafrica.co.za/rss/ https://www.theafrica.co.za/africanews/santam-saws-partner-to-bolster-sas-early-warning-systems-461522102 https://www.theafrica.co.za/africanews/santam-saws-partner-to-bolster-sas-early-warning-systems-461522102 South Africas short-term insurer, Santam, has partnered with the South African Weather Service (SAWS) to bolster the countrys defence against climate-related disasters. The partnership will see the Sun, 10 May 2026 21:54:33 GMT https://www.theafrica.co.za/africanews/african-bank-drops-eskoms-home-loan-portfolio-acquisition-46151298 https://www.theafrica.co.za/africanews/african-bank-drops-eskoms-home-loan-portfolio-acquisition-46151298 African Bank will no longer proceed with the acquisition of Eskoms staff home loan portfolio and related assets. The banks board of directors has announced that the decision will allow the instituti Sat, 09 May 2026 22:04:21 GMT https://www.theafrica.co.za/africanews/mantashe-urges-mines-to-invest-in-communities-and-infrastructure-46151219 https://www.theafrica.co.za/africanews/mantashe-urges-mines-to-invest-in-communities-and-infrastructure-46151219 Mineral and Petroleum Resources Minister Gwede Mantashe says mining companies must honour their responsibility to contribute to the development of communities in which they operate. He has also highli Sat, 09 May 2026 10:35:12 GMT https://www.theafrica.co.za/africanews/flysafair-extends-ticket-surcharge-to-august-461502119 https://www.theafrica.co.za/africanews/flysafair-extends-ticket-surcharge-to-august-461502119 South Africas largest airline, FlySafair, has extended the surcharge on ticket prices in a bid to thicken its buffer against the steep increase in fuel costs triggered by conflict in the Middle East. Fri, 08 May 2026 20:25:07 GMT https://www.theafrica.co.za/africanews/phumudzo-thenga-driving-business-growth-through-strategic-positioning-and-enterprise-execution-461492176 https://www.theafrica.co.za/africanews/phumudzo-thenga-driving-business-growth-through-strategic-positioning-and-enterprise-execution-461492176 In todays business environment, success is increasingly defined by the ability to identify opportunity, structure it effectively, and execute with precision. For Phumudzo Thenga, this has become a d Thu, 07 May 2026 20:49:54 GMT https://www.theafrica.co.za/africanews/a-new-r520-million-bursary-scheme-will-help-5200-sa-university-students-461492130 https://www.theafrica.co.za/africanews/a-new-r520-million-bursary-scheme-will-help-5200-sa-university-students-461492130 BUSINESS NEWS - An ambitious R520 million new university bursary scheme will help 5200 South African university students achieve their tertiary ambitions. The scheme is open to first-time entering Thu, 07 May 2026 16:13:04 GMT https://www.theafrica.co.za/africanews/calls-mount-for-regulation-of-taxi-industry-following-fuel-price-hike-46149290 https://www.theafrica.co.za/africanews/calls-mount-for-regulation-of-taxi-industry-following-fuel-price-hike-46149290 The Kimberley Taxi Association says governments failure to subsidise the taxi industry is leaving commuters exposed to rising transport costs. This follows a more than 30% fare increase in Kimberley Thu, 07 May 2026 16:13:04 GMT https://www.theafrica.co.za/africanews/bitget-wallet-expands-crypto-card-availability-to-south-africa-46149262 https://www.theafrica.co.za/africanews/bitget-wallet-expands-crypto-card-availability-to-south-africa-46149262 Bitget Wallet , the everyday finance app, today announced the expansion of its crypto card in South Africa. The card lets users spend crypto directly from a self-custodial wallet at hundreds of mill Thu, 07 May 2026 16:13:03 GMT https://www.theafrica.co.za/africanews/fnb-bolsters-its-solopreneur-offering-to-support-a-growing-base-of-selfemployed-clients-461482178 https://www.theafrica.co.za/africanews/fnb-bolsters-its-solopreneur-offering-to-support-a-growing-base-of-selfemployed-clients-461482178 FNB has bolstered its Solopreneur offering, which allows self-employed earners, freelancers, and independent workers to manage both personal and business finances in one place, combining accounts, pay Wed, 06 May 2026 15:32:37 GMT https://www.theafrica.co.za/africanews/fuel-prices-set-to-surge-as-motorists-worry-about-rising-costs-46148287 https://www.theafrica.co.za/africanews/fuel-prices-set-to-surge-as-motorists-worry-about-rising-costs-46148287 Motorists in Gauteng say they are frustrated and concerned as fuel prices are set to increase from tomorrow. The price hike follows an announcement by Mineral Resources and Energy Minister Gwede Man Wed, 06 May 2026 12:09:09 GMT https://www.theafrica.co.za/africanews/santaco-worried-latest-taxi-fare-hikes-might-drive-commuters-away-46148285 https://www.theafrica.co.za/africanews/santaco-worried-latest-taxi-fare-hikes-might-drive-commuters-away-46148285 The South African National Taxi Council (Santaco) says it is worried that the latest fuel price increases will chase commuters away from using their services. Santaco has increased transport fares f Wed, 06 May 2026 12:09:09 GMT https://www.theafrica.co.za/africanews/fuel-hikes-to-have-devastating-impact-on-kzn-logistics-economy-46148284 https://www.theafrica.co.za/africanews/fuel-hikes-to-have-devastating-impact-on-kzn-logistics-economy-46148284 The Durban Chamber of Commerce and Industry says the fuel price increase will have a devastating impact on KwaZulu-Natal logistics-driven economy. Fuel prices increase from midnight with the retail Wed, 06 May 2026 12:09:09 GMT https://www.theafrica.co.za/africanews/speeding-can-cost-you-more-than-a-fine-insurers-may-reject-your-claim-46148231 https://www.theafrica.co.za/africanews/speeding-can-cost-you-more-than-a-fine-insurers-may-reject-your-claim-46148231 Speeding is not only driving South Africa`s high accident rate, it is also leaving motorists exposed to rejected insurance claims, as insurers apply policy exclusions linked to reckless behaviour. Wed, 06 May 2026 12:09:07 GMT https://www.theafrica.co.za/africanews/dont-ask-whether-ai-will-take-your-job-but-who-wants-it-to-46147262 https://www.theafrica.co.za/africanews/dont-ask-whether-ai-will-take-your-job-but-who-wants-it-to-46147262 As artificial intelligence (AI) becomes increasingly woven into everyday life, its impact will be defined not by the technology itself, but by the people and institutions that Tue, 05 May 2026 09:57:26 GMT https://www.theafrica.co.za/africanews/manufacturing-pmi-returns-to-expansion-at-526-in-april-46147231 https://www.theafrica.co.za/africanews/manufacturing-pmi-returns-to-expansion-at-526-in-april-46147231 Manufacturing activity in South Africa has moved back into expansionary territory . The Absa Purchasing Managers Index edged above the neutral 50-point mark to 52.6 in April. The seasonally adjusted Tue, 05 May 2026 09:57:26 GMT https://www.theafrica.co.za/africanews/new-sars-commissioner-outlines-key-priorities-for-his-tenure-46147230 https://www.theafrica.co.za/africanews/new-sars-commissioner-outlines-key-priorities-for-his-tenure-46147230 New South African Revenue Service (SARS) Commissioner, Dr Ngobani Johnstone Makhubu, says he plans to accelerate much of the work initiated by his predecessor, Edward Kieswetter. This includes looki Tue, 05 May 2026 09:57:26 GMT https://www.theafrica.co.za/africanews/johann-rupert-saved-his-fathers-car-collection-from-oblivion-and-turned-it-into-one-of-the-southern-461462203 https://www.theafrica.co.za/africanews/johann-rupert-saved-his-fathers-car-collection-from-oblivion-and-turned-it-into-one-of-the-southern-461462203 Johann Rupert did not set out to build one of the Southern Hemisphere`s great car museums. He set out to save his father`s collection from disappearing. When British American Tobacco closed the Heid Mon, 04 May 2026 20:31:52 GMT https://www.theafrica.co.za/africanews/the-next-battleground-for-woolies-and-checkers-461462138 https://www.theafrica.co.za/africanews/the-next-battleground-for-woolies-and-checkers-461462138 Forget Flavourburst, branded Sixty60 jumpsuits, Gordon Ramsay and Jamie Oliver, or even FreshX or The Market store formats. Forget about long-term exclusive lease agreements with landlords, which wi Mon, 04 May 2026 20:31:51 GMT https://www.theafrica.co.za/africanews/drivers-warned-about-dirty-fuel-in-sa-as-fake-diesel-cases-rise-46146254 https://www.theafrica.co.za/africanews/drivers-warned-about-dirty-fuel-in-sa-as-fake-diesel-cases-rise-46146254 Motorists have been urged to be vigilant following a rise in adulterated diesel, also known as dirty fuel, in South Africa. This form of fuel is often mixed with other substances such as paraffin to Mon, 04 May 2026 12:04:33 GMT https://www.theafrica.co.za/africanews/hartland-waar-jou-beste-hoofstuk-begin-in-die-hart-van-die-tuinroete-46145223 https://www.theafrica.co.za/africanews/hartland-waar-jou-beste-hoofstuk-begin-in-die-hart-van-die-tuinroete-46145223 Aftree beteken nie tot stilstand kom nie. By Hartland Lifestyle Estate in Hartenbos is dit die begin van n lewe vol vryheid en gemoedsrus - alles gelee in een van Suid-Afrika Sun, 03 May 2026 11:41:35 GMT https://www.theafrica.co.za/africanews/economist-warns-sas-unemployment-crisis-worsening-despite-job-growth-46144292 https://www.theafrica.co.za/africanews/economist-warns-sas-unemployment-crisis-worsening-despite-job-growth-46144292 An economist has warned that South Africa faces a worsening unemployment crisis , with job creation failing to keep pace with demand. Associate Professor at the Southern Centre for Inequality Studie Sat, 02 May 2026 23:16:33 GMT https://www.theafrica.co.za/africanews/discovery-founder-adrian-gore-joins-business-leadership-south-africa-board-46144228 https://www.theafrica.co.za/africanews/discovery-founder-adrian-gore-joins-business-leadership-south-africa-board-46144228 Adrian Gore, the founder and chief executive of Discovery Limited, has joined the board of Business Leadership South Africa as the organisation concludes a three-year board cycle and installs new dire Sat, 02 May 2026 10:28:34 GMT https://www.theafrica.co.za/africanews/95-medical-aid-increase-adds-to-public-sector-woes-fedusa-46144213 https://www.theafrica.co.za/africanews/95-medical-aid-increase-adds-to-public-sector-woes-fedusa-46144213 The Federation of Unions of South Africa says this years Workers Day is being used for reflection rather than celebration. This as labour unions confront mounting challenges affecting public sector wo Sat, 02 May 2026 10:28:34 GMT https://www.theafrica.co.za/africanews/gautengs-ultrawealthy-are-keeping-their-johannesburg-mansions-and-buying-r60-million-cape-town-retre-461432171 https://www.theafrica.co.za/africanews/gautengs-ultrawealthy-are-keeping-their-johannesburg-mansions-and-buying-r60-million-cape-town-retre-461432171 South Africa`s wealthiest Gauteng residents are no longer choosing between Johannesburg and Cape Town. They are buying both, and they are not selling either, according to a new report from Pam Golding Fri, 01 May 2026 22:37:18 GMT https://www.theafrica.co.za/africanews/south-african-tycoon-tshepo-mahloele-will-collect-22-million-from-capitecs-record-dividend-461432170 https://www.theafrica.co.za/africanews/south-african-tycoon-tshepo-mahloele-will-collect-22-million-from-capitecs-record-dividend-461432170 Tshepo Mahloele, the South African billionaire investor behind Harith General Partners and Lebashe Investment Group, will receive approximately R356.88 million ($22 million) in dividends from Capitec Fri, 01 May 2026 22:37:18 GMT https://www.theafrica.co.za/africanews/township-tech-entrepreneur-sets-sights-beyond-south-africa-461432166 https://www.theafrica.co.za/africanews/township-tech-entrepreneur-sets-sights-beyond-south-africa-461432166 It was a business hard won against bullets and bullies in the tough South African townships. Now Luvuyo Rani, the man who started a multi-million-dollar tech business by selling out of the boot of his Fri, 01 May 2026 22:37:18 GMT https://www.theafrica.co.za/africanews/the-weight-of-the-working-hand-honoring-the-resilience-of-south-africas-workforce-46143271 https://www.theafrica.co.za/africanews/the-weight-of-the-working-hand-honoring-the-resilience-of-south-africas-workforce-46143271 South Africa s workforce is often defined by a single, sobering statistic. The national unemployment rate remains above 31%, rising to over 40% when discouraged work seekers are Fri, 01 May 2026 10:30:55 GMT https://www.theafrica.co.za/africanews/south-african-billionaire-koos-bekker-loses-500-million-as-naspers-and-prosus-slide-24-this-year-46143257 https://www.theafrica.co.za/africanews/south-african-billionaire-koos-bekker-loses-500-million-as-naspers-and-prosus-slide-24-this-year-46143257 Koos Bekker has lost approximately $500 million this year as shares in Naspers and its Amsterdam-listed subsidiary Prosus slid more than 24%, dragging the South African media billionaire`s net worth f Fri, 01 May 2026 10:30:55 GMT https://www.theafrica.co.za/africanews/kieswetter-cites-trust-modernisation-as-key-to-sars-recovery-46143232 https://www.theafrica.co.za/africanews/kieswetter-cites-trust-modernisation-as-key-to-sars-recovery-46143232 Outgoing South African Revenue Service (SARS) Commissioner Edward Kieswetter says building trust within the revenue collector, modernising the tax system and driving compliance among taxpayers have be Fri, 01 May 2026 10:30:55 GMT https://www.theafrica.co.za/africanews/one-step-closer-club-med-beach-and-safari-resort-receives-official-occupation-certificate-46143214 https://www.theafrica.co.za/africanews/one-step-closer-club-med-beach-and-safari-resort-receives-official-occupation-certificate-46143214 On Thursday, the Club Med South Africa Beach and Safari resort in Tinley Manor celebrated a major milestone with the handover of its occupation certificate, marking a significant step towards enhancin Fri, 01 May 2026 10:30:54 GMT