Business

Explore Business News South Africa for timely updates and expert insights into the evolving business landscape in South Africa.
South Africa Unemployment Rate Hits 33.2% in Q2

South Africa Unemployment Rate Hits 33.2% in Q2

South Africa unemployment rate rose to 33.2% in Q2 2025, leaving 8.4 million people jobless as the expanded rate hit 42.9%. Youth and women remain hardest hit, while provinces diverge sharply. However, modest sector gains failed to shift the outlook, underscoring urgent
August 14, 2025
R20bn Granger Bay Expansion Breaks Ground at V&A

R20bn Granger Bay Expansion Breaks Ground at V&A

The R20bn Granger Bay expansion at the V&A Waterfront has entered “phase zero”, with marine works, land reclamation and a new basement behind The Table Bay. Next come seawalls, breakwaters and a flagship hotel—unlocking new homes, public spaces and jobs over the
September 17, 2025
Nersa Tariff Error: R54bn Blunder Burdens SA Wallets

Nersa Tariff Error: R54bn Blunder Burdens SA Wallets

Nersa’s R54bn tariff error in Eskom’s revenue calculations spikes electricity tariffs to 8.76% in 2026/27, burdening South Africans. Consequently, DA demands probes, staff face suspension—reforms are urgently needed to ease costs and fix regulatory flaws.
September 12, 2025
SA Aims to Become Data Hub with Tech Surge

SA Aims to Become Data Hub with Tech Surge

SA aims to become data hub as Minister Malatsi unveils a R2.8 billion Johannesburg facility. Explore how it drives cloud services, AI, jobs, and growth for South Africans in a thriving digital economy.
September 9, 2025
Asia Markets Mixed as Chinese Stocks Lose Steam

Asia Markets Mixed as Chinese Stocks Lose Steam

Asia markets mixed as Chinese stocks lose steam: Shanghai fell 1.3% on a Cambricon slide, Hang Seng weakened, while the Nikkei rose 1.5% tracking Wall Street; oil eased as Alphabet’s court win lifted risk appetite.
September 4, 2025
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