The biggest takeaway is the decline of the ANC. After the 2021 election, the ANC had control of 122 of the 213 municipal councils. After this election, it will now control only 54. A whopping 138 co...
South Africa’s biggest political party will consider whether to end its national coalition with its main rival after suffering its worst electoral performance yet, an argument that’s emerging as a fau...
Political parties and independent candidates who contested the recent local government elections face a R500 penalty for every poster left across Johannesburg after failing to comply with the city’s r...
The 8th Africa’s Business Heroes Summit and Grand Finale takes place in Kigali, Rwanda, on 1–2 December 2026. The 8th ABH Summit & Grand Finale is just around the corner, and we’d love to have you joi...
The Shoprite Group and Investec Bank Limited have agreed in principle to establish an alliance banking partnership to support the continued development and expansion of Shoprite Financial Services, in...
Nvidia Corp Chief Executive Officer Jensen Huang admitted he had an affair with a woman identified in a series of reports as a suspected Chinese spy, plunging the chip colossus into a crisis like none...
A fund run by $242 billion global asset-management firm Ninety One Plc plans to invest $1 billion in Asian and African projects over the next three years as it accelerates a push into the regions. The...
House Democratic leader Hakeem Jeffries has backed impeaching US Secretary of Defence Pete Hegseth, saying he’s a “hard yes” on a measure that may be introduced as soon as this week. “The so-called Se...
Less than a tenth of Road Accident Fund (RAF) payouts goes towards medical care. Yet spending more on early medical treatment could reduce the amount needed for loss-of-income claims and lower the ov...
The Airports Company of South Africa (Acsa), government and the minister of transport caused unfair prejudice to minority empowerment shareholders in Acsa and have been ordered by the High Court in Jo...
An astonishing 46% of ordinary shareholders in Shoprite Holdings voted against the group’s proposal to make a special award – the CEO Executive Share Plan (CEO-ESP) – to CEO Pieter Engelbrecht. The re...
US intelligence officials told the Trump administration that a woman who had become close to Nvidia Corp CEO Jensen Huang was working for a Chinese spy agency, which recruited her to collect informati...
The Electoral Commission of South Africa (IEC) has confirmed the official tallies of the 2026 local government election. Despite its overall decline, the ANC was still the most popular party nationall...
Africa is a multi-billion-dollar market for gambling, with a growing number of young people using smartphones to place bets, particularly on football matches. The issue is often framed in terms of ad...
In Cape Town, the rich and the less well-off share something in common: both are struggling to find homes, albeit for very different reasons. An influx of millionaires has intensified competition for ...
Oman, a Middle Eastern sultanate that rarely draws much attention, is scoring billions of dollars in economic growth and emerging as a big regional winner from the Iran war. As conflict continues to r...
Sub-Saharan Africa is set to host five megacities by 2050 and Lagos is likely to be overtaken by Angola’s Luanda as the continent’s biggest metropolis. Predictions in a new World Bank study suggest th...
South Africa was among the original beneficiaries of the African Growth and Opportunity Act (Agoa), designated on 2 October 2000. The programme offered qualifying exports preferential access to the U...
The Financial Sector Conduct Authority (FSCA) has made final the provisional withdrawal of trading company Mixirite’s licence. This means the trader remains prohibited from conducting financial servic...
Australia’s oldest department store David Jones, previously owned by SA’s Woolworths, collapsed on Thursday, finally succumbing after almost 200 years as the digital era drove shoppers to cheaper and ...
The African National Congress, South Africa’s biggest political party, appears to have haemorrhaged support in Wednesday’s municipal elections, modelling based on the early results shows. The ANC is o...
The JSE All Share Index (Alsi) surged as much as 5% on Thursday morning, buoyed by higher gold prices and a drop in oil prices. At the same time, Sasol slid 11.26%, hitting R238.25 at 10:05am on Thurs...
South Africa’s debt-to-gross domestic product ratio was revised sharply lower, the National Treasury said, after a regular exercise to update the data showed the economy was 5.3% larger last year than...
Plc said first-half profit climbed 36% after losses at the Ethiopian operation of Kenya’s biggest company by market value narrowed. Group net income rose to 58.2 billion shillings ($447.9 million) in ...
Brent oil pushed lower after tumbling more than 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the war in the Middle Ea...
“What about the informal sector?”. asks Old Mutual Consulting actuary and pensions expert Stephen Walker when talking about retirement fund reform. He says it is well known that people in South Africa...
The price of brent crude plunged around 10% over the past 24 hours, following President Donald Trump and the Republican Party’s massive loss in the US midterm elections on Wednesday, which has sparked...
US Vice President JD Vance said voter frustration over the war in Iran and the US-Israel relationship doomed Republicans in the midterm elections, distancing himself from some of President Donald Trum...
South African political parties that have presided over crumbling infrastructure and a collapse in electricity and water provision face a reckoning in Wednesday’s municipal elections. Voting began at ...
Democrats won control of both chambers of the US Congress in a midterm election landslide that amounted to a rejection of President Donald Trump following widespread voter discontent with the economy ...
Global fashion retailer H&M has reached a milestone of 30 stores in South Africa following the launch of its new location at Paarl Mall in the Western Cape. The 1 831-square-metre store began trading ...
Whatever you want to buy, there’s a good chance you’ll find it in Musina, Limpopo. The town centre is abuzz from early in the morning with travellers, traders and smugglers. The myriad shops selling...
At last count in May 2026, Independent Electoral Commission (IEC) officials informed parliament that they had budgeted about R3.2 billion for the current fiscal year – money that would form part of th...
Its comments on Tuesday came after the US confirmed on Monday evening that it plans to remove SA from Agoa, claiming that SA is undermining US national security and creating barriers to US investment ...
The chief executive of Combined Motor Holdings (CMH), Jebb McIntosh, died on Monday, 2 November. The group, which owns multiple car dealerships and First Car Rental, announced his passing in a JSE sta...
South Africa’s new-vehicle sales rose 10.4% year on year to 61 890 units in October, keeping the market on course to surpass 600 000 sales this year. Passenger-car demand and rental purchases supporte...
Minister of Trade, Industry and Competition Parks Tau has been ordered to go back to the drawing board and reconsider the bids for the fourth lottery licence, which he awarded to Sizekhaya Holdings in...
The Trump administration’s decision to exclude South Africa from the African Growth and Opportunity Act will have a “minimal impact” on the economy as a whole, according to business leaders and econom...
Brazil’s farming sector was already battling record breaking defaults. Last week’s election results only deepen the gloom for growers hoping for a swift turnaround for one of the nation’s most import...
Standard Bank is the latest major financial institution to join Growthpoint Properties’ renewable energy certificate programme, using certified green energy to reduce emissions at 21 branches. Standar...
Democratic Party groups lost a bid to temporarily block the Trump administration from pressuring states to set aside mail-in ballots of people the US claims are likely non-citizens, a significant win ...
Brent oil steadied after plunging almost 8% in the previous session, with the US and Iran signalling a willingness to pursue peace talks as the war in the Middle East enters its ninth month. The globa...
GoTyme Bank is stepping up its challenge of Capitec as it seeks to become South Africa’s biggest lender by customers in the next decade. It became Africa’s first profitable standalone digital bank thi...
Investors in South African equities face an early test of their new power to cast binding votes over pay when Shoprite Holdings asks shareholders to approve another multimillion-rand incentive plan fo...
This week, voters across the country will finally get a chance to decide who will run their local governments over the next five years. The 2026 local government elections are expected to cement the ...