Business

[FILE IMAGE]: Reserve Bank Governor Lesetja Kganyago announces a decision by the Monetary Policy Committee (MPC) on interest rates in Pretoria on July 31, 2025. The Reserve Bank’s Monetary Policy Committee has decided to keep the repo rates unchanged at 7.5% and the prime lending rate also unchanged at 10.5%. The announcement is in line…

[File photo] Containers at one of SA’s ports. The Transnet National Port Authority (TNPA) has been instructed to renew all its leases of existing tenants in the Island View precinct. In a statement, Transport Minister, Barbara Creecy says the entity has also been instructed to give fixed access to the Central Energy Fund (CEF). Creecy…

FILE | Energy Minister Kgosientsho Ramokgopa addresses Parliament. Energy Minister Kgosientsho Ramokgopa has told Parliament that he will soon announce his department’s plan to address the surging electricity tariffs. The National Energy Regulator of South Africa (Nersa) is responsible for determining Eskom’s electricity tariffs. Ramokgopa says the increase in the cost of electricity is too…

Reserve Bank Governor Lesetja Kganyago. Analysts expect the Reserve Bank’s Monetary Policy Committee (MPC) to keep interest rates unchanged when it announces its decision on Thursday this week. Despite reduced inflation expectations, the bank is expected to hold the rate-cutting cycle this week with a final cut only expected later in the year. At its…

Environmental activists protest over Shell’s plans to drill for oil and gas. Environmental activists say they want their voices heard as the country’s top court considers the future of oil exploration along South Africa’s Wild Coast. They marched outside the Constitutional Court in Johannesburg, protesting over Shell’s plans to drill for oil and gas in…

Transport Minister Barbara Creecy visits the Transnet exhibition stand during the Southern African Railways Association Conference in Sandton, Johannesburg on August 26, 2025. Transport Minister Barbara Creecy says government has chosen 11 private companies that could assist Transnet in transporting freight by rail. She revealed this in Parliament while answering questions in the National Assembly….

Graphic for interest rates A survey released by the Bureau for Economic Research shows that three social groups in the country have lowered their inflation expectations, to average 3.8% percent in 2025 and 4.2% in 2026. The three social groups, made up of analysts, businesspeople and trade union officials, further anticipate that inflation will average…

Stock Theft Prevention Task Team in the OR Tambo District recovered stolen sheep in Mthatha and Bityi areas during operations conducted from Wednesday, 03/09 until Thursday, 04/09. Communal farmers in the Sekhukhune district in Limpopo have lost more than R1 billion due to stock theft, according to the Red Meat Industry. The industry says more…

Financial Sector Conduct Authority (FSCA) Commissioner, Unathi Kamlana The Financial Sector Conduct Authority (FSCA) Commissioner Unathi Kamlana has urged leaders to prioritise values over value. Addressing the 11th Archbishop Thabo Makgoba Development Trust Annual Lecture at Rhodes University this week, Kamlana reflected on the crises facing South Africa and the world, arguing that a renewed…