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.
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Banks are closing the taps on South Africans
South Africans are finding it harder to access credit, even as more people rely on borrowing to get through the month.
Read MoreThe 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 MoreThe man who changed his degree after his first year and is now one of South Africa’s top-paid CEOs
Harry Kellan switched degrees after one year of medical school and is now the CEO of FNB Bank, one of the top-paid banking bosses in South Africa, earning R42 million.
Read MoreDiscovery wants to watch you sleep
Discovery is partnering with the American tech company, Oura, to bring the company’s popular health-tracking ring to South Africa for the first time.
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 MoreSouth Africans cutting off streaming services, medical aid, and downsizing their homes
South Africans are under growing financial pressure, and many are being forced to cut back on services, sell belongings, and even move into smaller homes to stay afloat.
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