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South African business news
2 832 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
MoneywebMoneywebLocal equities in the green, but rand faces pressure
Marco Efstathiou of Absa CIB unpacks gains in local equities amid a global tech sell-off, concerns over AI spending and a weaker rand. He discusses Asian market losses, led by technology stocks such as Samsung, and explains why investors are watching earnings from US banking giants. He rounds off…
News24 BusinessDon’t be fooled by calls to visit your bank’s branch
Fraudsters are using a “Go to Your Branch” scam that exploits trust in standard banking safety advice. They impersonate bank fraud departments, encourage victims to visit a branch, and then use text-message verification to obtain credentials or authorise fraudulent activity.
News24 BusinessTencent taps yuan and dollar bond markets for R94bn AI push
Tencent is set to raise $5.7 billion (R94 billion) from the sale of bonds in yuan and dollars to support its growing investments in artificial intelligence.
MoneywebWorld Economic Outlook, African credit rating, and online gambling regulation
Tonight, we cover market updates with Absa CIB, African credit ratings, carbon investment in Africa, the World Economic Outlook, online gambling regulation and the benefits of owning multiple properties.
News24 BusinessPressure mounts for R10bn fuel relief as Mantashe warns of trade-offs
Government is under pressure to turn a proposed fuel intervention into savings at the pumps before December.
News24 BusinessSA milk glut: Biggest price cuts in 10 years hit farmers
Samilco, which represents dairy farmers in the Western Cape and Eastern Cape, says farmers are caught between declining raw milk prices and input costs rising towards “an all-time high”.
News24 BusinessMPs demand clarity on who will pay more under Eskom tariff changes
Eskom has proposed an 8.83% average power price hike, but certain consumers could pay more under a new tariff structure.
News24 BusinessMauritius rocked by worst riots since 1999
Mauritius, an Indian Ocean island nation best known for its white-sand beach resorts, has been rocked by its worst riots since 1999.
News24 BusinessApple unveils ‘smart home’ range, including doorbells and locks
Apple on Tuesday began showing off a new round of smart home products, including an iPad-like device dubbed the HomeView meant to hang on walls or perch on tabletops that will showcase its AI-upgraded Siri virtual assistant.
MyBroadbandGauteng to open criminal case against student who reported a security flaw in its R269-million app
Gauteng intends to open a criminal case against the researcher who alerted the Department of e-Government about a vulnerability he found on the e-Panic Button app that was exposing user information.
TechCentraliOCO profit jumps 39% as operating cash flow falls 44%
iOCO's profit rose 39% to R357-million in FY2026, but net cash from operating activities fell 44%.
MyBroadbandiOCO reports R357 million profit as it eyes more acquisitions
iOCO said it expected to deliver earnings before tax of R680 million in the 2027 financial year after posting profits of R357 million in 2026.
MyBroadbandFlySafair prepares for possible driving licence ID ban
FlySafair says the proposal to ban the use of driving licences as ID could have a significant impact on its customers.
BizcommunityGrowing debt burden poses significant risk to developing nations, G24 chair says
The debt vulnerabilities of many developing economies are a "major barrier" to inclusive growth, the chair of the Group of 24 nations said on Tuesday, 13 October 2026 warning their governments were increasingly contending with mounting debt burdens.
MyBroadbandBig surprise could be in store for GTA 6 PC gamers
Gamers who want to play Grand Theft Auto VI on PC may be in for a pleasant surprise.
BusinessTechBillionaire Patrice Motsepe’s business in hot water
African Rainbow Minerals has informed its shareholders that it plans to defend itself in legal proceedings over one of its jointly owned companies.
BusinessTechFNB warns criminals are targeting bank accounts of one group of people in South Africa
Older South Africans are increasingly being targeted for accumulated wealth and their trust in perceived authority.
BizcommunityRwanda to bring F1 back to Africa for first time since 1993
Africa will return to the Formula One calendar for the first time since 1993, with Rwanda set to host a Grand Prix from the early 2030s in a 10-year deal announced on Tuesday, 13 October.
BizcommunitySME funding: Why preparation matters before applying
South Africa’s small and medium-sized businesses have more funding providers to choose from than they did a few years ago, but access to finance remains a challenge.
MoneywebZuma remains in hospital, office says
His hospitalisation comes weeks before 4 November municipal elections, raising questions about his ability to campaign for the MK Party.
MoneywebFormer UK defence chief on the global power shift investors can’t ignore
General Sir Nick Carter discusses shifting global power, US-China relations, the economic risks of conflict and the opportunities for SA.
BusinessTechR1 billion makeover for international airport next to Sun City in South Africa
The airport near Sun City is being rebuilt after a serious fire in 2023, with R1 billion from private investors.
TechCentralApple takes another shot at the smart home
Apple has unveiled the HomeView, a $299 smart-home hub built around Siri AI, as it takes on rivals in the connected home.
MyBroadbandVodacom has the best 5G network in South Africa
MyBroadband Insights' latest mobile network quality report showed that Vodacom has the best 5G network in South Africa.
MoneywebBotswana said to near agreement on size of its De Beers stake
The proposed deal could lift Botswana’s stake from 15% to about 25%, clearing a major hurdle in Anglo American’s planned sale.
MoneywebF1 returns to Africa with Rwanda Grand Prix in 2030s
The East African nation will host the African Grand Prix under a 10-year agreement.
MoneywebTourist hotspot Mauritius hit by worst unrest since 1999
Water shortages and rising living costs sparked protests, while an emergency cabinet meeting will address security concerns.
BusinessTechSouth Africa has a new number one best friend after 23 years
Europe has been South Africa's largest trade partner for years, but has recently been replaced.
MyBroadbandWhatsApp plans to block South Africans whose phones have not been updated
WhatsApp is testing a new security measure that forces users to update their phones or be blocked from logging onto the popular messaging platform.