EU injects €15m to drive inclusive growth in SA wine sector
South Africa’s wine and spirits industry is set to receive a major financial boost, with €15m (R297m) in funding made available through the European Union (EU) Wine and Spirits Fund.
Economy
Africa Energy sees first output from South Africa's largest gas field by 2033
Canada-listed Africa Energy Corp is aiming to start production from South Africa's largest gas discovery by 2033 as it forges ahead with a project former operator TotalEnergies walked away from.
Read MoreTFG reports 4.6% rise in annual profit
South African fashion retailer TFG reported a 4.6% rise in annual earnings, thanks to a rebound in sales in Africa in the second half of the year, store expansion and the acquisition of British chain White Stuff.
Read MoreInternational company building huge solar projects in South Africa with enough panels to cover 160 rugby fields
JUWI Renewable Energies is building massive, large-scale solar projects for major companies in South Africa, which feature enough panels to cover 160 rugby fields.
Read MoreGovernment launching new online stores for South African products
The Department of Trade and Industry will be launching two new online stores in South Africa next month, featuring Proudly South African products and services.
Read More#AfricaMonth: Danilo Acquisto - Nurturing Africa’s creative economy
I believe that Africa’s creative economy has the power to ignite a shift from being a place of extraction to one of innovation, ownership, and exponential growth. But this won’t happen by accident.
Read MoreCelebrate inaugural World Franchise Day as govt commits to franchise development
In celebration of the economic and entrepreneurial benefits of franchise business models, the World Franchise Council (WFC) has initiated the establishment of World Franchise Day, to be recognised on 11 June 2025
Read More56 jobs that pay more than the average salary of R28,300 in South Africa
Stats SA’s latest quarterly employment survey (QES) shows that the average salary in South Africa has declined slightly since Q3 2024, now sitting at R28,231 a month in Q4.
Read MoreNew South African billionaire added to Forbes’ world rankings
Jannie Mouton & family has been added among South Africa’s dollar-billionaires on Forbes’ real-time tracking of billionaires.
Read MoreThe city in South Africa where billionaires want to live
Four South African cities have been ranked among the world’s top centi-millionaire hotspots, but Cape Town has emerged as the top pick among the country’s super wealthy.
Read MorePain for braai lovers in South Africa
South Africans looking to beat the winter chill by lighting up a braai are in for some pain, with the latest Braai Index showing above-inflation price hikes hitting hard.
Read MoreSouth African food giant gives shareholders a special R1.8 billion payout
Tiger Brands, whose brands include Koo, Energade, Jungle Oats, Ace, and many more, has given shareholders an extra R1.8 billion via a special dividend due to a significant increase in earnings.
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