Business

Eskom hosts the State of the System media briefing to outline its readiness for the winter period. Live stream below:

Finance Minister Enoch Godongwana. Finance Minister Enoch Godongwana has told Parliament that he is applying his mind to the issue of the fuel levy. This is after government reduced the levy temporarily by R3 per litre from the first of this month. Godongwana was participating in the consideration of the Division of Revenue Bill, which…

South African money, notes and coins. Business confidence in South Africa declined in March, slipping by 3.3 index points to 131.3. The drop followed a modest recovery in February when the index rose to 134.6 after recording a level of 131.4 at the start of 2026. Despite the mixed results in the first quarter, the…

Electricity and Energy Minister Kgosientsho Ramokgopa speaking at an event. Electricity and Energy Minister Kgosientsho Ramokgopa says the government is moving to make electricity more affordable with no load shedding expected this winter. ​Minister Ramokgopa says a new national electricity pricing policy is in the final stages of development. The aim is to create a…

A South African Airways aircraft pictured at the Victoria Falls International Airport in Zimbabwe. On the eve of the appearance of the South African Airways (SAA) in Parliament to discuss its annual report, fresh calls for the airline to be closed or sold have resurfaced. This follows the entity’s release of its annual results for…

National Treasury and the Presidency are briefing the media on the Operation Vulindlela Q4 Progress Report. Live stream below:

South African Airways has defended its decision to appoint Matshela Seshibe as the Acting Group Chief Executive Officer of the airline. In a statement issued on Monday, responding to recent negative media reports about Seshibe’s tenure as Daybreak Farms’ CEO, a government workers-owned company, SAA says the allegations made were fully examined and tested and…

President Cyril Ramaphosa at the Spain-South Africa Business Forum during the Working Visit to the Kingdom of Spain, Madrid, Spain, April 17, 2026 President Cyril Ramaphosa says his visit to Spain reflects the strength of the two countries’ longstanding partnership and their shared commitment to building a modern, dynamic and mutually beneficial economic relationship. He…

Reserve Bank Governor Lesetja Kganyago participates in panel discussion at the IMF/World Bank Spring Meetings in Washington, D.C, April 25, 2025. South Africa’s Reserve Bank Governor, Lesetja Kganyago, says the war in the Middle East has had a significant impact on oil prices, warning that higher oil prices will translate into increased fuel and food…

Electricity pylons are seen along the cooling tower of the defunct Orlando Power Station in Soweto. The Special Investigating Unit (SIU) has secured a court order to freeze tens of millions of rands in luxury assets linked to a multi-million rand Eskom procurement scam. In a statement, the SIU says it has successfully frozen 17…