BusinessSouth Africans face a sharp fuel price hike from 7 October, with petrol rising by more than R3 per litre and diesel also increasing to record levels.
BusinessSouth Africans are bracing for another economic shock as diesel prices head toward record highs. Economists and industry experts warn that rising diesel costs could drive up food prices, transport fares, and the cost of essential goods, placing additional pressure on households already struggling with the rising cost of living.
BusinessSouth African motorists are facing the steepest fuel-price increase of the year, with petrol expected to climb close to R30 per litre and diesel reaching record levels. The looming increase threatens to raise transport costs, strain household budgets, and place further pressure on an already fragile economy.
BusinessA new industry report finds that state-backed guarantee schemes have done little to close the funding gap facing small and medium enterprises.
BusinesseNL Mutual Bank, the country's newest fully licensed mutual bank that is majority black women-owned and women-led, is preparing for its official launch.
BusinessMulilo Energy, chaired by former Eskom COO Jan Oberholzer, has been appointed as a successful bidder in the R9.5 billion battery storage project.
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