South Africa’s economy will face a price hike by Sasol Ltd for gas supply that will add about R325 million ($20 million) a month to the cost, according to an association of users of the fuel.
Deutsche Bank AG is beefing up its investment banking team and services in Africa’s most developed economy as part of a plan to grow on the continent.
Experts at Tax Consulting South Africa warn that the ANC's renewed position on taxing the country's wealthiest individuals to fund a basic income grant could push them offshore, adding further strain to the tax base.
Samsung Electronics unveiled the latest generation of its foldable devices on Wednesday, keeping prices steady despite surging costs of materials and shipping.
The Air Services Licensing Council (ASLC) has suspended Mango Airlines' air service licence for up to two years amid soaring ticket prices
Messaging service WhatsApp is rolling out several security and privacy features, including the ability to choose who can see you when you are online, and blocking screenshots of view-once messages.
The South African Reserve Bank’s (SARB) Monetary Policy Committee hiked the repo rate by 75 basis points - making financing a home more expensive with the prime lending rate to 9%.
Food Lover's Market says that it will expand its solar investments and implement energy-saving technologies at its distribution centres and certain stores to alleviate its reliance on Eskom-supplied power.
Power utility Eskom has warned that it might have to implement load shedding at short notice on Wednesday (10 August), due to losses in generating capacity.
South Africa's ageing water infrastructure managed by municipalities is pushing the country away from reliable and safe water supplies.
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