A bakkie and caravan outside a We Buy Cars premises. Used cars trader, We Buy Cars, has been issued with a R2.5 million administrative fine and ordered to also refund more than R3.4 million to consumers. The National Consumer Commission says this follows a three-year investigation revealing that the company contravened the consumer protection…
Eskom electricity infrastructure. AfriForum has welcomed the decision of the High Court in rejecting Eskom and National Energy Regulator of South Africa (Nersa) attempt to reach a R54 billion settlement behind closed doors in the power supplier’s tariff dispute. This comes after attempts to correct the error in Eskom’s allowable revenue determination without the proposed…
Person using a cellphone South African consumers have lost around R2 billion to online scams over the past year. This is according to the South African Banking Risk Information Centre (SABRIC), which says that the number could be much higher due to some cases not being reported. Insurance Company, iTOO Special Risks is warning consumers…
Egypt’s Central Bank headquarters are seen in downtown Cairo, Egypt on March 22, 2022. Egypt’s Central Bank cut its overnight interest rates by 100 basis points on Thursday, it said in a statement. The Monetary Policy Committee cut the overnight deposit rate to 20% from 21% and the lending rate to 21% from a 22%….
File image| The Durban beachfront. The KwaZulu-Natal South Coast has seen an influx of holidaymakers, with some hospitality establishment owners saying they are already fully booked over the festive period. Many say they enjoy the safe swimming conditions, clean shorelines and amenities of the seven Blue Flag beaches in the area. The sun, sea and…
Qala Shallows Gold Mine operated by West Wits Mining. A new underground gold mine opened in the West Rand of Johannesburg, promises to create 1 000 jobs while engaging with communities, rather than operating around them. Qala Shallows is a modern underground operation that’s being developed as a shallow mine, with mining planned from level…
Livestock seen in a kraal. KwaZulu-Natal residents and livestock farmers have been urged to be vigilant as incidents of stock theft peak this festive season. Recently, police recovered over 20 stolen sheep and cattle in Bulwer. Two suspects aged between 23 and 31 were arrested and have appeared in court for the alleged possession of…
Illegal traders in the Johannesburg CBD City of Johannesburg Mayor Dada Morero says illegal trading has resumed in the city’s central business district (CBD). He was speaking during a clean-up campaign in the city centre. Morero says they’ve dropped the ball and the city is becoming dirty again. “Illegal trading has once again re-emerged, property owners and shop owners contribute immensely towards the dirtiness…
A customer looks at chocolates for sale in a Christmas offers With Christmas only three days away, a new Debt Rescue survey indicates that the vast majority of South African households are under extreme financial pressure, prompting many families to cut back or cancel their holiday celebrations entirely. According to the survey, 94% of respondents said…
South African bank notes featuring an image of former South African President Nelson Mandela are displayed at an office in Johannesburg. Economist Dr. Azar Jammine says the South African economy continued to show signs of improvement in October 2025. This is shown in the composite leading Business Cycle Indicator, or BCI, for October. The South…
