News

Your go-to source for finance updates, covering banking, savings, market news, and smart ways to handle your money.

Major Fuel Price Drop

3 November 2025

Major Fuel Price Drop Set to Bring Relief for South African Motorists Next Week

Fresh figures from the Central Energy Fund (CEF) show that October ended with strong fuel price recoveries, paving the way for a petrol and diesel ...

Experts Caution Borrowers as Mashonisa Loans Rise

30 October 2025

Experts Caution Borrowers as Mashonisa Loans Rise

With rising living costs, stagnant wages, and the pressure of the upcoming festive season, countless South Africans are finding themselves in a financial squeeze. As ...

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Short-Term Lending Surge Raises Caution

30 October 2025

Short-Term Lending Surge Raises Caution

South Africans are being urged to exercise greater caution this festive season as a nationwide crackdown on illegal microlenders intensifies. With the country facing rising ...

What to Expect from the Medium-Term Budget Policy Statement

29 October 2025

What to Look Out for in This Year’s Medium-Term Budget Speech

South Africa is gearing up for the release of its much-anticipated Medium-Term Budget Policy Statement (MTBPS), with economists and analysts eager to hear Finance Minister ...

New R3.5 Billion Beachwood Coastal Estate Rising Along Durban North’s Coastline

29 October 2025

New R3.5 Billion Beachwood Coastal Estate Rising Along Durban North’s Coastline

A major new residential development valued at R3.5 billion, known as Beachwood Coastal Estate, is currently being constructed along the scenic coastline of Durban North ...

South Africans Set to Celebrate as Petrol Prices Drop Sharply in November

24 October 2025

South Africans Set to Celebrate as Petrol Prices Drop Sharply in November

As South Africa nears the conclusion of October, the nation can look forward to a wave of relief at the fuel pumps in November. The ...

Interest Rate Cut Hopes Fade for South Africans

24 October 2025

Interest Rate Cut Hopes Fade for South Africans

South Africa’s latest inflation figures have delivered an unwelcome surprise for those anticipating early interest rate cuts, potentially derailing expectations of monetary easing in November. ...

Makro Launches Massive Early Black Friday Savings This Week

23 October 2025

Makro Launches Massive Early Black Friday Savings This Week

Makro and Game have officially announced the release of their early Black Friday promotions, unveiling a range of enticing deals that will become available on ...

Major Relief for Solar Users as Eskom Streamlines Approval Process

23 October 2025

Massive Boost for Rooftop Solar Users in South Africa

South African homeowners who have invested in rooftop solar have received a significant boost following a major regulatory update by Eskom. The power utility has ...

South Africans Turn Away from Eskom

21 October 2025

South Africans Turn Away from Eskom

Eskom, once South Africa’s dominant electricity supplier, is facing a dramatic decline in demand as years of steep price hikes have driven customers to find ...

Major Setback for South African Passport Holders

16 October 2025

Major Setback for South African Passport Holders

South African travellers have suffered a notable setback, as the country has fallen out of the global top fifty passports. According to the most recent ...

Expected Fuel Price Movements for November

16 October 2025

Expected Fuel Price Movements for November

Mid-month calculations from the Central Energy Fund (CEF) indicate that motorists in South Africa are likely to see fuel price reductions across all grades in ...

Chinese Car Brands Face New Challenges in South Africa

16 October 2025

Chinese Car Brands Face New Challenges in South Africa

The rapid rise of Chinese car manufacturers in South Africa, once seen as a triumph of affordability and innovation, is now beginning to show signs ...

End of Medical Aid Tax Credits on the Horizon

16 October 2025

Medical Aid Tax Credits Could Soon Be History

The National Department of Health (NDOH) has revealed that it is actively engaged in discussions with the National Treasury regarding proposed changes to South Africa’s ...

SARS Fraud Alert Taxpayers Urged to Stay Vigilant

11 October 2025

SARS Fraud Alert: Taxpayers Urged to Stay Vigilant

The South African Revenue Service (SARS) has issued another urgent warning to the public, cautioning taxpayers about a newly circulating scam aimed at stealing money ...

Major Shift in Interest Rate Expectations for South Africa

11 October 2025

Major Shift in Interest Rate Expectations for South Africa

The latest minutes from the United States Federal Open Market Committee’s (FOMC) September session have reinforced expectations that the Federal Reserve will deliver additional interest ...

SARS Goes After these Taxpayers Leaving the Country

8 October 2025

SARS Goes After these Taxpayers Leaving the Country

Affluent South Africans relocating abroad are finding themselves under tighter scrutiny as the South African Revenue Service (SARS) steps up its enforcement actions and narrows ...

Eskom’s 2025 Tariff Hikes Backfire as Demand Plummets

7 October 2025

Eskom’s 2025 Tariff Hikes Backfire as Demand Plummets

A new in-depth review of Eskom’s electricity demand data reveals that the state utility’s steep 2025 tariff increases are being undermined by a significant decline ...

South Africa Faces New Reality as 25-Year Lifeline Ends

7 October 2025

South Africa Faces New Reality as 25-Year Lifeline Ends

After a quarter of a century, the African Growth and Opportunity Act (AGOA) officially came to an end last week, marking the conclusion of one ...

Five Key Issues Hitting South Africa Today

3 October 2025

Five Key Issues Hitting South Africa Today

The South African rand gained considerable strength on Wednesday, with its performance largely buoyed by favourable manufacturing data and a softening United States dollar. By ...

Major Tax Refund Shake-Up

1 October 2025

South Africa Prepares for Major Tax Refund Shake-Up

The Office of the Tax Ombudsman (OTO) has released draft recommendations urging the South African Revenue Service (SARS) to overhaul its approach to verifying tax ...

230,000 Job Losses

1 October 2025

South Africa Loses 230,000 Jobs in Latest Report

South Africa’s formal job market has taken a heavy knock, with official data revealing that a staggering 229,000 positions were lost when comparing the second ...

Framework for Expired Driving Licences

1 October 2025

South Africans Face New Rules on Expired Driving Licences

The Department of Transport has officially gazetted a new set of regulations which make provision for expired driving licences to be regarded as valid identification ...

Social Grant Increases for October 2025

27 September 2025

South Africa Confirms Social Grant Increases for October 2025

The South African Social Security Agency (SASSA) has confirmed that from October 2025 there will be further adjustments to social grant payments, in line with ...

Pay Less Tax in SA

26 September 2025

Pay Less Tax in South Africa the Right Way

Prominent economist Dawie Roodt has encouraged South Africans to legally minimise the amount of tax they pay, advising citizens to use every available mechanism provided ...

Spam Calls Are Ruining Voice Calling

26 September 2025

Why Spam Calls Are Ruining Voice Calling in South Africa

Unsolicited spam calls have become such a widespread problem across South Africa that a growing number of people have chosen to stop answering their mobile ...

New Mandatory Requirement Issued by SARS

26 September 2025

Businesses Face New Mandatory Requirement Issued by SARS

Businesses across South Africa that are registered as VAT vendors have recently been reminded of significant new obligations relating to their tax compliance, which now ...

Driving Licence Holders in South Africa

26 September 2025

Positive Update for Driving Licence Holders in South Africa

South African motorists who have been anxiously waiting for their driving licence cards have received some encouraging news, as the severe backlog of applications has ...

South African Petrol Prices

19 September 2025

Bad News Persists for South African Petrol Prices

Despite the South African rand making notable gains against the United States dollar and global oil benchmarks trading within a fairly stable range, motorists are ...

A Tight Call for South African Interest Rates

22 September 2025

A Tight Call for South African Interest Rates

The question of whether South Africa will see further cuts to interest rates in the coming months remains highly uncertain, despite the recent release of ...

R4.5 Billion Unclaimed,

17 September 2025

R4.5 Billion Left Unclaimed – Check If You’re Entitled to a Share

The Johannesburg Stock Exchange (JSE) has once again drawn attention to the immense sum of approximately R4.5 billion in unclaimed dividends that continue to remain ...

Gender Disparities Still Exist in Africa

17 September 2025

Pay Equity Improving in Africa, Though Gender Disparities Still Exist

There has been notable progress towards achieving pay equality across the African continent, with 2024 marking a particularly important year for improvements in compensation fairness. ...

Interest Rate Cuts

17 September 2025

South Africa Sees Renewed Push for Interest Rate Cuts

Inflation expectations across South Africa have dropped to an unprecedented low, yet the prospect of a much-anticipated interest rate cut still appears to be out ...

South Africans Brace for Higher Mortgage and Car Loan Costs

12 September 2025

South Africans Brace for Higher Mortgage and Car Loan Costs

Absa’s senior economist has cautioned that any significant reductions in interest rates are unlikely to materialise before 2027. This outlook signals that South Africans may ...

Rising Electricity Prices

12 September 2025

Two Major Wins for South Africa Overshadowed by Rising Electricity Prices

South Africa has taken important steps forward in reforming its labour market and improving its logistics network, yet the nation continues to grapple with significant ...

South Africans Are Falling Further Behind Financially

10 September 2025

South Africans Are Falling Further Behind Financially

South Africa has experienced an increase in gross domestic product during the second quarter of 2025, yet the upturn has not been large enough to ...

New Group of South African Taxpayers

9 September 2025

SARS Explains Its Focus on New Group of South African Taxpayers

The South African Revenue Service (SARS) has taken steps to provide greater clarity regarding its position on social media influencers within the country, explaining in ...

South Africa’s Interest Rates and Currency

9 September 2025

Encouraging News on South Africa’s Interest Rates and Currency

The latest employment figures from the United States delivered a notable surprise to global markets, as weak payroll data placed the US Federal Reserve on ...

Eskom's Caution

6 September 2025

Eskom Cautions South Africans Amid Growing Concerns

Eskom has issued a strong warning to South Africans, stating that tampering with electricity meters is a criminal offence that will bring about serious and ...

October Petrol Prices in South Africa

13 September 2025

October Petrol Prices in South Africa Off to a Poor Start

At the start of September, petrol price recoveries have slipped into the negative, placing motorists in a disadvantageous position as they look ahead to the ...

Medical Aid Holders

4 September 2025

Medical Aid Holders in South Africa Face Bad News

The Council for Medical Schemes (CMS) has officially released its recommendations regarding medical aid contribution increases for 2026. In its advisory, the regulator has strongly ...

South Africa Faces Potential Job Losses

4 September 2025

South Africa Faces Potential Job Losses Exceeding 250,000 Workers

The Department of Employment and Labour has issued a strong warning regarding the growing number of retrenchment notices being issued at major corporations in South ...

Pension Holders Face R500 Million Loss

13 September 2025

Pension Holders Face R500 Million Loss and Possible Legal Shake-Up

The South African rand displayed very limited movement on Friday following the release of a significant inflation report from the United States as well as ...

South Africa Hit With a R50 Billion Eskom Burden

30 August 2025

South Africa Hit With a R50 Billion Eskom Burden

South Africa’s energy regulator has agreed to permit Eskom to increase electricity tariffs at a higher rate than what was originally allowed, following a settlement ...

New Law Might Prevent You from Selling Your Car in SA

28 August 2025

Why a New Law Might Prevent You from Selling Your Car in South Africa

The introduction of the Administrative Adjudication of Road Traffic Offences (AARTO) Act in South Africa could make it extremely difficult for motorists to sell their ...

Good News on Passports, Visas, and Smart IDs

11 September 2025

South Africans Get Good News on Passports, Visas, and Smart IDs

The Department of Home Affairs is undergoing a far-reaching transformation, with officials committed to significantly improving the delivery of core services. For many South Africans, ...

Domestic workers in South Africa are in serious trouble

26 August 2025

The Struggles Confronting South Africa’s Domestic Workers

The most recent labour statistics released by Statistics South Africa indicate that employment for domestic workers continues to contract, even as many of these workers ...

New Tax Changes Over South Africa’s Private Schools

25 August 2025

New Tax Changes Loom Over South Africa’s Private Schools

Educational institutions across South Africa are bracing for a significant financial adjustment as government prepares to alter the tax treatment of schools. Authorities have confirmed ...

South Africa Poised for Economic Boost

16 August 2025

South Africa Poised for Economic Boost in the Coming Month

South Africa’s economy is believed to have recorded growth for the third consecutive quarter, supported largely by renewed strength in the critical manufacturing and mining ...

Job Losses Expected Across South Africa

11 September 2025

Large-Scale Job Losses Expected Across South Africa

The South African government is currently engaged in urgent and high-stakes crisis negotiations with the local subsidiary of ArcelorMittal South Africa (AMSA) to determine the ...

Hidden Risks of a Load Shedding-Free South Africa

14 August 2025

Hidden Risks of a Load Shedding-Free South Africa

Eskom is currently depending heavily on burning diesel worth billions of rand in order to prevent the reintroduction of load shedding. While this strategy has ...

US Tariffs Pose Challenges for Farmers

14 August 2025

US Tariffs Pose Fresh Challenges for South African Farmers

South Africa is actively pursuing opportunities to open up fresh markets across Asia and other global regions for its agricultural produce, which has recently been ...

Warning Issued Over South Africa’s Risk of State Failure

11 September 2025

Warning Issued Over South Africa’s Risk of State Failure

The chief executive of Business Leadership South Africa (BLSA), Busi Mavuso, emphasised that businesses cannot operate effectively in an environment where the state is failing. ...

10 Rapidly Growing Jobs in SA

1 September 2025

10 Rapidly Growing Job Roles South Africans Are Pursuing in 2025

A recent report issued by CareerJunction has outlined the ten job categories in South Africa that are experiencing the most rapid growth in 2025. The ...

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