# North West University Business School economist Raymond Parsons says the lower-than-expected inflation figure for last month is good news for consumers and businesses. However, Parsons states underlying price pressures remain a concern, with core inflation rising slightly to 4.2-percent. He added that the South African Reserve Bank could keep interest rates unchanged at its […]
# Gold producer DRDGold has reported a strong financial performance for the 2026 financial year. Its operating profit rose by 83-percent to eleven-billion-rand, while headline earnings increased by 89-percent to four-billion-rand. Gold production reached four-thousand-839 kilograms, above its target. The company says more than five-billion-rand invested in its vision 2028 growth programme is beginning to […]
# According to a University of Cape Town study, significant emissions cuts are possible at Sasol’s Secunda coal-to-liquids complex in Mpumalanga without an abrupt shutdown. The study shows that renewable energy and improved efficiency could cut emissions by about 26-percent by 2030, while deeper reductions could come from green hydrogen, electrification and carbon capture. The […]
# The DA’s member of Parliament Mark Burke has recused himself from Parliament’s Finance Committee while the South African Reserve Bank investigates a company he is a beneficiary of. Burke is facing scrutiny over allegations that fintech company Kastelo moved about four-billion-rand offshore in breach of exchange control regulations. The DA’s George Michalakis says the […]
# The City of Cape Town says its water supply remains stable, but the risk of restrictions has increased due to rising demand and uncertain rainfall. Dam levels were around 76-percent in early July after good rains, but forecasts suggest below-average rainfall ahead. Mayoral committee member for Water and Sanitation, Zahid Badroodien, says the city […]
# The DA says Emfuleni Local Municipality’s debt is putting local businesses under financial pressure, with some facing serious difficulties because they have not been paid on time for services provided. According to the party, the municipality owes creditors more than eleven-billion-rand, including billions owed to Eskom and Rand Water. The DA’s Kingsol Chabalala says […]
# The DA in Limpopo says municipalities are wasting millions on financial consultants while still struggling with poor financial reporting. According to the party, all 27 municipalities spent a combined 236-million-rand on consultants in the 2024/2025 financial year, but 20 municipalities still submitted financial statements with major errors. The DA’s Jacques Smalle says weak financial […]
# The Western Cape government says 82-percent of its livestock herd has been vaccinated against foot-and-mouth disease. Nearly 480-thousand vaccine doses have been administered to commercial and subsistence livestock across all districts. The response is aimed at protecting farmers, jobs, food security and the province’s agricultural economy. MEC for Agriculture, Economic Development and Tourism, Ivan […]
# Government says it will continue working to strengthen food and energy security, create jobs and reduce the cost of living. This follows the latest inflation figures showing a drop in consumer inflation to 4.3-percent last month from five-percent in June. Deputy government spokesperson William Baloyi says the decline provides some relief to households, but […]
