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Pay-Now, Pay-Later: Fintech Startup WattWallet Launches Credit-Bridge for Prepaid Electricity

 In a move directly targeting the financial pressure point of millions of households, South African fintech startup WattWallet has officially launched a pioneering “pay-later” service for prepaid electricity. The platform aims to provide a regulated, dignified alternative to the informal lending and desperate measures many resort to when their electricity runs out before payday. Founded in early…

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TREASURY EYES MORE BEER TAX

South Africa’s National Treasury is considering a sharp increase in excise duties on beer, a move that could see prices rise substantially for one of the nation’s most popular alcoholic beverages. This proposal forms part of the government’s broader fiscal and public health strategy ahead of the upcoming budget, reigniting a longstanding debate between health…

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Ramaphosa Approves 3.8-4.1% Salary Increases for South African Politicians

President Cyril Ramaphosa has approved a new salary structure for South Africa’s political office-bearers, implementing increases for the 2025/26 financial year based on recommendations from the Independent Commission for the Remuneration of Public Office-Bearers. The decision, published in a Government Gazette, has ignited immediate public controversy for its timing and scale amid a severe economic…

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NEW HILUX COULD DOMINATE 2026

South Africa’s automotive landscape, defined by rugged terrain and demanding buyers, has long had an undisputed monarch: the Toyota Hilux. As the calendar turns to 2026, Toyota is preparing a major moment for the nation—the arrival of the next-generation, ninth iteration of its legendary bakkie. This isn’t just a new model launch; it’s the strategic evolution…

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DEVELOPING: “Discovery Health to Repay 16 500 Members Over Year-Long Claim Error”

 In a significant move, Discovery Health Medical Scheme (DHMS) has announced it will absorb the full financial impact of a major administrative error that saw thousands of its members overpay for medication claims throughout 2025. The glitch, attributed to a system-wide processing fault, incorrectly calculated members’ co-payments and out-of-pocket expenses for prescription medication at network…

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Improving Macroeconomic Conditions Boost SME Confidence for 2026 in South Africa

Small and medium enterprises (SMEs), the vital engine of South Africa’s economy, are stepping into 2026 with a renewed sense of cautious optimism. This fragile hope is being carefully nurtured by emerging signs of improving macroeconomic conditions, offering a potential respite after the turbulent economic weather of 2025. The past year was a testament to…

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