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What to expect from South Africa’s interest rate hike in July: governor

The South African Reserve Bank Governor Lesetja Kganyago outlined the central banks plans for interest rates for the coming month.

The businesses hit hardest by liquidations in South Africa right now

New data from Statistics South Africa (Stats SA) shows that the total number of liquidations decreased by 1.6% in May 2022 compared with the same period a year ago.

Cape Town is testing a new ID system for townships – what you should know

The City of Cape Town has announced a new pilot programme which will see the city’s townships marked and numbered with a unique QR code and paint markers to enhance data capturing and planning

Big price hikes hitting South Africa this week

South African consumers are set to face a series of price hikes in July, including electricity and fuel price increases.

Consumer confidence in South Africa drops to historic lows: index

Despite the lifting of almost all Covid restrictions and improved business sentiment, the FNB/BER Consumer Confidence Index (CCI) plunged to -25 in the second quarter of 2022, having already slippe...

SARS is making small but important tax changes – what you should know

Although the South African Revenue Service (SARS) has issued several press statements around tax filing season starting on 1 July 2022, it has taken a few proactive steps that mean the filing windo...

Going private is the way to end stage 6 load shedding in South Africa: business group

Business Unity SA (Busa) says that South Africa’s move to stage 6 load shedding will have a significant impact on all parts of the economy, but is ultimately unsurprising given the continued deteri...

South Africa’s biggest city is facing its own load shedding problem – and it can’t cope anymore

Johannesburg power utility City Power warns that stage 4 load shedding is placing too much strain on its resources, leading to prolonged breakdowns and outages.

A step-by-step guide on how to get off Eskom’s grid – including the cost

Many people are looking for backup power solutions for their homes and businesses to see them through unpredictable and productivity-killing Eskom load shedding and are also fed up with the rocketi...

5 important things happening in South Africa today

South Africa faces possible ratings downgrade due to stage 6 load shedding; the strikes at the power utility are also expected to lead to further unrest; South Africa is still grappling with mandat...