Big turn for South Africa is on the table
South Africa could soon see a credit rating upgrade amid significant improvements in the state’s finances—even if escaping junk status will require patience.
Business
The state-owned company in South Africa that’s seen a 670% improvement in 5 years
The Passenger Rail Agency of South Africa (PRASA) has shown an improved performance in customer trip numbers after being decimated five years ago.
Read MoreOne of South Africa’s top courts throw FlySafair a lifeline
FlySafair has won a major reprieve in its ongoing ownership dispute after the Gauteng High Court in Pretoria granted it an urgent interdict removing a January 2026 deadline to fix its foreign ownership structure.
Read MoreSouth Africa’s biggest retailer selling and closing stores
Shoprite, South Africa’s biggest grocery retailer, is closing down its operations in Ghana and Malawi as part of a broader strategy that has seen the retailer exit several African countries to focus on its home market.
Read MoreCell C’s big plans for South Africa
Cell C has provided a financial outlook for the near-to medium-term, as the mobile operator is set to be listed on the JSE.
Read More43 jobs that pay higher than the average salary in South Africa
Stats SA’s latest quarterly employment survey (QES) shows that the average salary in South Africa increased to R29,290 per month in the second quarter of the year.
Read MoreAnother international giant calls it quits in South Africa
Jubilee, a London-headquartered miner, is making progress with selling its South African assets, joining an extensive list of international companies exiting the nation.
Read MoreEnd of an era for Mweb
Mweb has vacated its Cape Town offices at 100 Fairway Close in Parow, with staff working entirely remotely. The property was also sold last year, and rental agents are currently seeking a new tenant.
Read MoreThe UK immigrant who founded a South African online PC giant with more than 100 employees
In the past 18 years, Evetech has grown from a two-man custom PC builder operation in a small store in Pretoria to one of South Africa’s most popular online computer shops.
Read MoreThe man who founded a web hosting company at 14 and helped build one of South Africa’s largest ISPs
Rupert Bryant is a highly recognised South African entrepreneur who started making a name for himself in telecoms while still a teenager.
Read MoreThe serious crime doubling your online shopping delivery fee in South Africa
Takealot Fulfilment Solutions says that hijacking and armed robberies of couriers remain a serious challenge in South Africa in 2025.
Read MoreNo relief in sight for SA consumers this festive season, expert warns
The decrease in consumer confidence for the third quarter shows that consumers are battling financially and there will be no respite soon.
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