JSE Jumps and Rand Strengthens as Dollar Eases From 18 Month High
It was a good day for the JSE and rand on Thursday. The local stock market rose by more than one and a half percent, while the rand strengthened against…
Reserve Bank Hikes Interest Rates by 25 Basis Points, Prime Rate Now 10.75%
South African Reserve Bank Governor Lesetja Kganyago announcing the Monetary Policy Committee decision on 23 September 2026. Image: Supplied The Reserve Bank hikes interest rates by 25 basis points, effective…
Transnet Posts R4.6 Billion Profit for First Time in Four Years as Rail and Pipeline Volumes Recover
Transnet Group CEO Michelle Phillips presented the group’s annual financial results at Sandton in Johannesburg on Thursday 10 September 2026, revealing a R4.6 billion profit for the year ended 31…
Constitutional Court Rand Manipulation Ruling Clears South African Banks but Case Continues Against Global Giants
South Africa’s Constitutional Court delivered a landmark judgment in the decade-long rand manipulation case on Tuesday 30 June 2026, clearing most South African banks while keeping the case alive against…
Namibia Rejects All 624 Starlink Appeals and Locks Elon Musk Out of Another African Market
Namibia’s Communications Regulatory Authority dismissed all 624 appeals against its decision to block Starlink from operating in the country on Monday 22 June 2026, locking Elon Musk’s satellite internet service…
Elon Musk Trillionaire: South African Born Tech Giant Becomes World’s First With SpaceX IPO
Elon Musk became the world’s first trillionaire on Friday 12 June 2026 after the blockbuster Nasdaq debut of SpaceX pushed his net worth above $1 trillion. The South African-born tech…
South Africa GDP Growth Q1 2026: Economy Expands 0.5% in Sixth Straight Quarter of Growth
South Africa’s economy grew by 0.5% in the first quarter of 2026. Statistics South Africa released the South Africa GDP growth Q1 2026 figures on Tuesday 9 June 2026. Furthermore,…
Trump 12.5% Tariffs Hit South Africa and 44 Nations Over Forced Labour Claims
The US Trade Representative has proposed new 12.5% tariffs on South Africa and 44 other nations including China, India and Australia over alleged failures to enforce bans on goods made…
Gold Fields Tarkwa Lease: South African Mining Giant Faces Uncertain Future in Ghana
South Africa’s Gold Fields faces an uncertain future in Ghana as the Tarkwa mine lease approaches its 2027 expiry date and Ghana demands stricter renewal terms including local value creation…
June 2026 Fuel Price: Petrol Rises by R1.43 While Diesel Drops Sharply
South Africa’s June 2026 fuel price adjustment takes effect on Wednesday 3 June 2026 with petrol rising by R1.43 per litre and diesel dropping by up to R3.25 per litre.…