Investing >>

Municipalities in terrible state

MOST South Africa’s municipalities are in a financial state so terrible, threatening their ability to deliver services, says Auditor General (AG) Kimi Makwetu on Wednesday.

KwaZulu-Natal >>

Makro expands in Durban’s booming Cornubia

Cornubia, a multi-billion rand mixed-use development in the northern corridor of Durban, has welcomed the new state-of-the-art Makro Store scheduled to start operating this week.

Mpumalanga >>

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

Reserve Bank slashes repo rate to 6.5%, bank loans may get cheaper

In a move that may lead to lower property finance, auto and other loans, the South African central bank reduced the lending rate by 25 basis points to 6.5 % per annum as of 19 July 2019.

Infrastructure >>

Eskom suspends load shedding after days of blackouts

Over the weekend, Eskom said that there will be no load shedding this week as the outlook looks favorable, with plants performing better than last week.

International News >>

How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable.