A company director has been sentenced by the Kagiso Regional court to six years imprisonment suspended for two years for tax fraud involving three point six million rand. A company director has been sentenced by the Kagiso Regional court to six years imprisonment suspended for two years for tax fraud involving three point six million…
The Federal Reserve building in Washington, United States on 16 September 2025. The US central bank has cut interest rates by a quarter percentage point for the third time this year, with a new range of 3.5% to 3.75%. The Federal Reserve decision comes as it seeks to support a weakening job market even as…
Person holds SA money. Consumers are showing improved willingness to spend with a rise in consumer confidence being noted in the fourth quarter of the year. The FNB/BER consumer confidence index improved to negative nine points from negative 13. The uptick coupled with employment gains and a further interest rate cut suggest retail sales may…
FILE | Ithala bank’s Ndumo branch in KwaZulu-Natal. Ithala depositors have begun flocking to branches designated to pay out their funds in KwaZulu-Natal as government begins the process of releasing funds. The National Treasury has made available up to R2.2 billion to start being paid out this week through FNB branches. Depositors are being sent…
Kia logo About 323 Jeep Wrangler vehicles and 18 600 Kia model vehicles are being recalled. The National Consumer Commission (NCC) has issued an urgent recall notice for the Jeep Wrangler that was sold in 2016 and discontinued in 2018, due to airbag failures and the Kia’s brake malfunctions drive which were sold between…
File image| Numsa members on strike. The National Union of Metalworkers of South Africa (NUMSA) is expected to picket outside the Industrial Development Corporation (IDC) offices in Sandton, Johannesburg, on Tuesday. The labour union says it’s demanding urgent intervention in the ongoing crisis at SA Steel Mills and to address issues at the steel producer…
Nkosana Makate, ‘Please Call Me’ originator, speaking to SABC News. An attempt by Black Rock Mining to temporarily freeze a portion of the ‘Please Call Me’ settlement paid by Vodacom to Nkosana Makate has been dismissed in the High Court in Johannesburg. The court ruled that Black Rock, represented by businessman Errol Elsdon, failed to…
Finance minister, Enoch Gondogwana. Finance Minister Enoch Godongwana says the key message being taken to Davos, Switzerland for the World Economic Forum in January, is that South Africa is ripe for investment and ready to do business. Speaking to the media at a pre-WEF business breakfast, Godongwana said trade negotiations with the United States are…
South African Post Office (SAPO) The Congress of South African Trade Unions (Cosatu) says it wants the Minister of Communications and Digital Technologies, Solly Malatsi, to intervene in the ongoing business rescue process of the Post Bank and Post Office. Cosatu’s Parliamentary Coordinator, Matthew Parks, made a submission on the Medium-Term Budget Policy Statement (MTBPS)…
National Union of Metalworkers (NUMSA) to march to the office of the Presidency in Pretoria. The National Union of Metalworkers (NUMSA) is expected to march to the Office of the Presidency in Pretoria today to demand government’s urgent intervention on the closure of smelters in the country. The union is protesting against the planned job…
