SA Business
Things are getting more expensive in South Africa as the cost of living increases
The South African inflation rate has now reached 5.9%. This means things are going to get a lot more expensive because the cost of living is also going up.
Rural boy inspires Mzansi with his thriving farm business: "Farming is a profession, not a side hustle"
A Zimbabwean farmer Terry Maphosa left many of his online followers inspired when he shared how his business has grown in the last year. Farming is his passion.
Mass retrenchments at Clover cause prolonged strikes, workers refuse to stop until job security is offered
Clover workers continue to protest against mass retrenchment by holding company Milco SA. Ebrahim Patel has started an investigation into the retrenchment.
World Economic Forum: 100 millionaires call on governments to make them pay more in taxes
A group of millionaires and billionaires stated at the World Economic Forum Davos Agenda 2022 that governments should have better tax laws by charging them more
Bain & Company voluntarily withdraws from the BLSA after state capture report implication
Bain & Company announced on 18 January that it has voluntarily withdrawn from the Business Leadership SA. The firm also apologised for state capture involvement
Black Management Forum advises that companies guilty of participating in state capture be expelled
Raymond Zondo's State Capture Report has made the Black Management Forum believes that complicit companies in SA must be expelled and criminally prosecuted.
Fibre booms in SA due to small towns embracing new tech, nicknamed "Zoom Towns"
However, since the advent of the Covid-19 pandemic, working remotely has become very popular, and the demand for fibre connectivity has grown in South Africa.
Eskom says hefty tariff increase due in April beyond its control, 20.5% hike proposed
Eskom is planning to implement a tariff increase for 2022/23 but will await the outcome of its application to Nersa for a 20.58 per cent hike starting 1 April.
Fuel in South Africa costs way more than other Southern African countries, except for Zimbabwe
Petrol prices in South Africa are much higher than the price of fuel in neighbouring countries such as Botswana and Namibia. Zimbabwe prices are the highest.
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