Gautrain trains parked at a station. At least R120 billion has been invested in Gautrain‘s planned expansion of its rail network, designed to offer commuters in Soweto and other parts of Gauteng townships a faster, safer and more reliable transport option. This follows Premier Panyaza Lesufi’s State of the Province Address, where he outlined the…
Worker at Ekapa Minerals Mine in Kimberley. The National Union of Metalworkers of South Africa (Numsa) says they are relieved that the bodies of all five mineworkers who died last month in the Ekapa Minerals Mine in Kimberley have been retrieved. The miners were trapped 890 meters underground after a mudslide on February 17. The…
FILE | South African 100 rand notes. The rand extended losses for a third consecutive week to its lowest since early December as Israel and the United States (US) continue their war on Iran. The sharp decline comes ahead of the central bank’s interest rate decision later this week. Emerging market assets like the local…
FILE : An oil and gas drilling platform. The Western Cape High Court is expected to hear an appeal by various environmental conservation organisations on Monday. They are challenging Government’s Environmental Authorisation decision granted to an international energy company for oil and gas exploration in the Deep Western Orange Basin. The basin is situated offshore…
Rand and US Dollar notes. The rand is trading at R17.12 to the US dollar, R22.77 to the British pound, and R19.38 to the euro. On global markets, the euro is valued at $1.15, while the US dollar stands at 159.53 yen. Across major emerging economies, the dollar is trading at 5.31 Brazilian reals, 83.12…
A man holds a fuel nozzle at a petrol station. South Africans are set for a general fuel levy increase on 1 April in line with inflation. This was announced by Finance Minister Enoch Godongwana when he was tabling this year’s national budget in Parliament last month. However, with the weaker rand, and the current…
Australia fuel supply strong, no plans to ration: Energy minister
The logo of South African coal miner Exxaro is seen outside the company’s Pretoria headquarters, South Africa. Mining Company Exxaro has posted a steady set of full-year results for the financial year ending the 31st of December 2025. Despite a drop in coal export prices in the period, the company reported an eight percent rise…
Minister of Trade Industry and Competition Parks Tau speaking at an event. Minister of Trade Industry and Competition Parks Tau says South Africa is directly impacted by the US-Israeli war on Iran. Tau was participating in an urgent debate in parliament sponsored by Build One South Africa (BOSA) leader Mmusi Maimane on the escalating crisis…
An electricity bulb switched on. Economist Dr. Frederich Kirsten has warned that the increase in electricity prices may affect job security as some small business owners may struggle to keep their businesses afloat. The National Energy Regulator of South Africa (Nersa) has officially approved an 8.76% tariff increase for Eskom’s direct customers, effective from 1…
