Capitec Bank has been fined R28 million by the Prudential Authority (PA) for breaches of the Financial Intelligence Centre Act (FICA) following an inspection conducted in 2023. The PA also issued the bank with five cautions over shortcomings in its compliance with FICA requirements. The findings included deficiencies in customer
This Heritage Month, Tolokazi Beer (Pty) Ltd, a proudly South African craft beverage brand, will host an exclusive product launch and reveal on Sunday, 20 September 2026, at The Fort on Corlett in Melrose Arch, Johannesburg. The exclusive gathering of 150 select guests will bring together media representatives, brand partners,
Apple has unveiled the iPhone 18 Pro and iPhone 18 Pro Max, putting its premium smartphones at the centre of its latest product launch. The company also introduced its first foldable iPhone, the iPhone Duo, during its “Surprise and Shine” event on Wednesday, 9 September. The iPhone 18 Pro starts
The National Department of Transport has officially appointed independent law firm Bowmans to investigate serious allegations of financial misconduct involving R15 million in “dubious payments.” The internal probe follows a prominent exposé published by the Sunday World newspaper on August 30, 2026, which detailed claims made by whistleblower Esethu Hasane.
DStv has unveiled a new black-and-“+” visual identity and a major overhaul of its South African streaming packages, marking a new chapter under Canal+ ownership. The changes were announced at a media briefing at MultiChoice City in Randburg on Monday. Five new packages — Starter, Select, Sports, Movies & Series
Foreign nationals lodged 13,127 claims with the Road Accident Fund (RAF) worth a combined R23.32 billion over five years, Transport Minister Barbara Creecy has told Parliament. The claims were lodged between 1 April 2021 and 31 March 2026. Creecy was responding to a parliamentary question from MP Sanele Mwali. She
Volkswagen’s supervisory board has approved a major restructuring plan that will eliminate about 50,000 additional jobs worldwide by 2030, taking the total number of positions targeted for reduction to roughly 100,000. The so-called Future Plan 2030, approved in Wolfsburg on Thursday, is the most extensive restructuring in Volkswagen’s 89-year history.
Uber has ended its operations in Nigeria, bringing its 12-year presence in Africa’s most populous country to a close. The ride-hailing company announced that its services would cease on 2 September 2026 following what it described as a “thorough review” of its business. Uber did not give a specific reason
South African retail group The Foschini Group (TFG) plans to close a further 180 stores over the next three financial years as it looks to cut costs and improve profitability. TFG, which owns brands including Foschini, Sportscene, and Markham, said about 80 stores are expected to meet its closure criteria
POLOKWANE: Limpopo Premier Dr Phophi Ramathuba has called for greater African cooperation to unlock the continent’s tourism potential, saying Africa must stop being viewed as the “destination of tomorrow” and position itself as the destination of today. Ramathuba was speaking during the Africa Tourism Leadership Forum (ATLF) 2026 at Meropa
