Governor Lesetja Kganyago says the SA Reserve Bank may consider raising interest rates by half a percentage point in July. Annual inflation that surged above the Reserve Bank’s target range for the first time in more than five years in May had moved traders to price in at least one 75-basis-point increase this year. The central […]
Power cuts have had a devastating impact on small business owners, and they are scrambling to keep their businesses afloat. Small business owners in some parts of Johannesburg continue to bear the brunt of power cuts – which have brought their operations to a standstill. South Africa was on stage 4 load shedding and at […]
Emotions are running high outside the Groblersdal magistrate’s court where Corrie Pretorius is applying for bail. He’s accused of viciously assaulting a local teenager in what’s being seen as a racially-motivated act. Corrie Pretorius has been denied bail for allegedly assaulting and pointing a gun at a 16-year-old. This was caught on camera and went […]
South Africa white-ball skipper and Test vice-captain Temba Bavuma has been ruled out of their tour of England which starts next month, Cricket South Africa said on Wednesday. Bavuma suffered an elbow injury during a recent Twenty20 series in India and needs eight weeks to recover. The Proteas will play three world championship Tests, three […]
Cape Town residents have been protected from the ramped-up stage 6 load shedding after the city built up reserves allowing it to keep power cuts at stage 4. As City Power battles to keep up with the effects of continuous load shedding –the City of Joburg said it’s working on long-term solutions, which include […]
Stellies are hitting the refresh button with senior figures such as Robyn Johannes, Granwald Scott, Marc van Heerden, Nathan Sinkala, Stanley Dimgba, Sibusiso Mthethwa and Waseem Isaacs. Johannes, 35, who joined the club in 2019 and donned the captain’s armband since his arrival from Bidvest Wits, will be released upon the expiry of his contract […]