Social Development Minister, Dina Pule, has announced a range of measures to improve service delivery at the South African Social Security Agency (SASSA) and strengthen the country’s social grant system.Speaking during a media briefing on Tuesday, Pule acknowledged the frustrations experienced by grant beneficiaries, particularly the long queues at SASSA offices. She said restoring dignity,…
In a decision that could reshape the landscape of South African aviation, the Competition Commission has recommended conditional approval of Harith General Partners’ proposed acquisition of FlySafair, propelling the landmark deal past its most significant regulatory hurdle and setting the stage for a final ruling by the Competition Tribunal. The recommendation, which comes after months…
A stark new report from compliance specialist Sumsub has laid bare a troubling reality for South Africa’s rapidly expanding online betting sector: fraud in the iGaming industry more than tripled during the second half of 2025, propelling the continent to the unwelcome position of global hotspot for digital gaming crime. With a fraud rate of…
In the glittering heart of South Africa’s financial hub, Diamond Walk at Sandton City has quietly but decisively solidified its status as the continent’s undisputed luxury capital—a gleaming corridor where global heritage brands and African ambition converge beneath a single, soaring atrium. What began decades ago as an ambitious retail experiment has now evolved into…
In a dramatic escalation of tensions at Africa’s largest asset manager, the board of the Public Investment Corporation (PIC) has placed its chief executive, Patrick Dlamini, on precautionary suspension following a decisive vote by nine of its eleven members. The move, announced late Thursday, thrusts the state-owned investment giant into deeper uncertainty as it navigates…
The Black Management Forum (BMF), one of South Africa’s most prominent advocacy organisations for black professionals and executives, has taken the extraordinary step of placing its president, Mpho Motsei, on precautionary suspension pending the outcome of an independent disciplinary process—a move that has sent shockwaves through the country’s business and governance circles. The suspensions, which…
A groundbreaking partnership between financial services giant Sanlam and South African National Parks (SANParks) has reached a major milestone, with their joint SMME Fund surpassing R50-million in interest-free funding—a transformative injection of capital that has already breathed new life into hundreds of small businesses and created or sustained more than 500 jobs in some of…
A fiery online debate has erupted over South Africa’s tax regime after entrepreneur and social media commentator Big Willy broke down the punishing reality of double taxation on business profits, sparking a wave of frustration from small business owners who feel squeezed by a system that they argue penalizes success and stifles job creation. In…
The Financial Sector Conduct Authority (FSCA) has sent shockwaves through South Africa’s workforce with the release of a damning “list of shame” that names and shames 16,556 employers found to have unlawfully withheld employee retirement fund contributions, exposing a systemic failure that has left more than half a million workers staring into an uncertain financial…
Capitec co-founder and banking icon Michiel le Roux has successfully refinanced a substantial loan backed by his shareholding in the financial services giant, securing approximately R6.5 billion in funding while strategically retaining full ownership of his stake—a move that underscores both his enduring confidence in the bank and his shrewd approach to wealth management. The…
