Category: Business & Economy

Nedbank takes Edwin Sodi to court over R570,000 credit card debt Nedbank has launched legal proceedings against controversial businessman Edwin Sodi, seeking to recover more than half a million rand in unpaid credit card debt. According to court documents filed at the Johannesburg High Court on March 25, 2025, the

Lebohang Zulu, Chairperson of the BRICS Women in Business Alliance, is a trailblazer for African women in global trade. Driven by a transformative vision, Zulu aims to shift the narrative for African women, turning them from victims of global systems into powerful leaders and innovators in the global economy. Zulu’s

Douw Steyn, the renowned South African businessman and philanthropist, has passed away at the age of 72. Known for his groundbreaking work in the insurance industry and his visionary real estate projects, Steyn leaves behind a lasting legacy. Steyn’s career began in the insurance sector, where he founded Budget Insurance

Democratic Alliance statement by Nazley Sharif MPL DA Gauteng Spokesperson for Economic Development DA Gauteng calls for urgent action on Thokoza Distribution Centre’s stock crisis harming township businesses Release: Immediate 25 February 2025 Gauteng spaza shops and supermarkets are struggling to obtain stock from the Thokoza Distribution Centre due to

This topic is pretty hot and has got everyone talking about. It’s all about two big consulting firms, McKinsey and Bain, getting some important jobs in South Africa’s G20 preparations and energy plans. Now, here’s the kicker – these firms have been linked to some not-so-great stuff in the past,

2025 is here with us, and it’s shaping up to be a game-changer for our country. We’re not just talking about hosting fancy events like the G20 and B20 summits (though that’s pretty cool too). We’re looking at real, tangible progress that could put a spring in our step and

There is something exciting happening in South Africa. President Cyril Ramaphosa has been talking a lot about how important tourism is for the country, and you know what? He’s onto something big! After the tough times we all faced during the Covid-19 pandemic, it’s great to see South Africa’s tourism

South Africa’s inflation outlook for 2025 appears favorable, raising hopes for potential interest rate reductions. Inflation Below Reserve Bank Target Consumer Price Index (CPI) inflation dropped to 2.9% in November 2024, significantly below the South African Reserve Bank’s (SARB) midpoint target of 4.5%. Investec Chief Economist Annabel Bishop attributed this

Recent amendments to the South African Companies Act have introduced significant reforms to corporate law, impacting various aspects of business operations. Effective Date of Amendments President Cyril Ramaphosa announced that parts of the Companies Amendment Act and the full Companies Second Amendment Act came into force on 27 December 2024.