BusinessTechPlan to end the use of driving licences as ID in South Africa, and WeBuyCars loses R12.9 billion
Here are five important things happening in and affecting South Africa on Monday, 12 October 2026.
News
News about Webuycars
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BusinessTech
The CitizenWhy WeBuyCars has lost its shine
The share has fallen 35% this year amid pressure from competitively priced new cars, tighter margins and rising interest costs.
The CitizenWeBuyCars confirms settlement with Consumer Commission
Due to WeBuyCars not adhering to consumer rights regarding used cars, it now has to take the financial pain of refunds and fines, as well as other expenses.