Business & Economy

Durban’s Olympic Bid Could Open New Economic Opportunities for Local Businesses

Leave a Comment / Athletics South Africa, Business & Economy, Local Government Elections, South African News, Sports News / /

A Historic Opportunity for the City Durban’s selection as South Africa’s preferred city to bid for the 2036 or 2040 Olympic and Paralympic Games creates exciting economic opportunities for local businesses. This potential growth specifically targets the tourism, hospitality, and service industries. The South African Sports Confederation, Olympic and Paralympic Committee (SASCOC) made the official

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Zimbabwe Owes SAA More Than R900 Million While Convincing COMESA to Breach Sanctions

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Diplomatic Struggles Over Unpaid Airline Debt The ongoing financial dispute has revealed that Zimbabwe owes SAA more than R900 million, with no clear timeline for the outstanding debt to be settled. Pretoria is currently engaging in diplomatic negotiations with Harare to recover the revenue. This long-running dispute between the southern African nations raises questions about

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Proposed Ban on Shein & Temu and Vedanta’s $600 Million Investment in South Africa

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By Yacoob Cassim South Africa’s economic landscape is currently facing a dual narrative: a fierce policy debate over foreign e-commerce giants threatening local manufacturing, juxtaposed with major foreign direct investment expanding the country’s industrial mining sector. COSATU Calls for Ban on Shein and Temu The Congress of South African Trade Unions (COSATU) is urging the

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South Africa Retirement Crisis: 90% of Fund Members Falling Short

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South Africans face growing retirement savings concerns. Recent findings reveal significant shortfalls in projected retirement income. Image: Supplied The South Africa retirement crisis is rapidly deepening. New findings show a troubling trend for everyday workers. Alexforbes recently assessed contributing retirement fund members. Shockingly, they found that 90% are not on track to meet their retirement

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Government May Subsidize Fuel Prices Amid Middle East War

Leave a Comment / Business & Economy, South Africa / /

The South African government could soon subsidize fuel prices to protect motorists from severe global shocks. Indeed, ongoing conflict in West Asia has pushed Brent crude oil prices above $100 a barrel. Consequently, local petrol and diesel prices face massive upcoming increases. AA Calls for Immediate Tax Relief The Automobile Association (AA) believes Pretoria has

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R1.3 Billion Dimension Data BEE Deal: Former CEO Admits Wrongdoing

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Here is the revised article. It has been rewritten to score green across all Yoast readability metrics by eliminating passive voice, breaking down long sentences (keeping them under 20 words), and heavily integrating transition words. R1.3 Billion Dimension Data BEE Deal: Former CEO Admits Wrongdoing A controversial R1.3 billion property transaction involving former Dimension Data

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Free Trade Integration in Africa Faces Major Risks and Challenges

Leave a Comment / African News, Business & Economy, Business & Economy, Trade & Finance / /

African businesses increasingly want to expand across their national borders. However, high financial costs, limited trade finance, and key implementation gaps threaten the African Continental Free Trade Area (AfCFTA. Preliminary findings from the 2026 PAFTRAC Africa CEO Trade Survey presented at the World Trade Organization (WTO) Public Forum in Geneva highlight these growing barriers to

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