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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
Gold Price Drop Shakes Markets Amid Volatile Pullback

Gold Price Drop Shakes Markets Amid Volatile Pullback

Gold prices crashed, unsettling investors after a historic rally. On Tuesday, October 21, 2025, spot gold plunged as much as 6.3%, marking its worst single-day drop in over five years. This followed a nine-week surge that drove prices to all-time highs. South
October 23, 2025
R268 Billion Retail Giant Challenges Big Chains

R268 Billion Retail Giant Challenges Big Chains

South Africa’s R268 billion retail giant—formal independents and cash-and-carry wholesalers—is pulling shoppers from big chains with sharp prices and everyday pack sizes. Trade Intelligence data shows the channel now rivals listed retailers for household spend, as community-run stores expand fresh food, bakeries
October 9, 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
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