South African Companies Close Doors as Economic Strain Intensifies
South Africa is experiencing a significant increase in business closures, with 1,361 companies shutting down in the first half of 2026. This represents a striking 80% rise compared to...
South Africans Pay R19,968 Monthly for R2 Million Home Loans
The South African Reserve Bank (SARB) has decided to maintain its repo rate at 7.0%, which means the prime lending rate remains steady at 10.5%. This decision brings a...
Economist Reports: Inflation Takes Precedence Over Growth at South African Reserve Bank
As South Africa's central bank prepares to announce its latest decision on interest rates, the primary focus remains on controlling inflation rather than stimulating economic growth. This was highlighted...
Tax Refunds of R8 Billion Issued by SARS in 72 Hours
The South African Revenue Service (SARS) has opened the 2026 Filing Season, unveiling a suite of digital enhancements aimed at making tax filing more efficient and secure for citizens....
South African Fuel Prices to Drop Significantly for Motorists in July
South African drivers might soon see a welcome decrease in fuel costs as projections indicate a potential drop in both petrol and diesel prices this July. After several months...
US-Iran Agreement Prompts Oil Prices to Hit Three-Month Low
Oil prices have continued their downward trend, staying near a three-month low as markets brace for a potential increase in global supply. This comes in the wake of a...