africa most powerful currencies

South African rand jumped due to encouraging domestic data

By The Conversation 09-06-23 12:12

The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. Reuters: The South African rand jumped on Thursday, clinging to gains made since the start of the week on a weakening dollar and encouraging domestic data. SOUTH AFRICAN RAND JUMPED […]

Bolt, Uber banned inside Soweto malls for the next three months

By Nokwanda Ncwane 08-06-23 17:04

E-hailing services Bolt and Uber will only enter Soweto malls if they are dropping off and picking up the elderly and disabled. E-hailing services Bolt and Uber have been banned inside Soweto malls for the next three months. This was revealed by Member of Mayoral Committee for Public Safety in the City of Johannesburg, Mgcini Tshwaku […]

10bet South Africa – new sportsbook 2023 release

By Fazila Olla 08-06-23 14:42

10bet South Africa is a well-known name in the world of sports betting, and the recent announcement of its new sportsbook 2023 release has caused quite a stir in the betting industry. The launch of this new platform promises to bring a wealth of new features and innovations to the betting scene, which could potentially […]

cars manufactured in South Africa

Cars that are currently manufactured in South Africa – List

By Cwenga Maqhubela 08-06-23 11:22

A total of 16 distinct car models are currently being made by nine major vehicle manufacturers in South Africa. ALSO READ: LIST: Vehicles that are mostly targeted in hijackings in South Africa CAR MANUFACTURING CONTRIBUTING TO GDP After their downfall in 2020 and 2021 due to the Covid-19 pandemic, the local manufacturing industry bounced back and […]

mugging in gauteng

Petrol stations: Why they can’t operate 24/7 anymore

By Hennely Nel 07-06-23 12:54

The ongoing energy crisis in South Africa is affecting every corner of the economy, raising the cost of operating and ultimately petrol prices for consumers. ALSO READ: Fuel price update: June petrol and diesel prices PROFIT GOES DOWN WITH LOAD SHEDDING Load shedding has led to certain petrol stations not being able to afford to […]

Farming in South Africa is being hobbled by power cuts and poor roads

Farming in South Africa is being hobbled by power cuts and poor roads

By Fazila Olla 07-06-23 12:37

South Africa’s agriculture has had great consecutive seasons since 2019/20. The sector’s gross value added grew by 14.9% in 2020, 8.8% in 2021 and modestly by 0.3% in 2022. This was primarily supported by favourable weather conditions. The current season is also likely to deliver solid growth for the sector, with variation across sub-sectors. We […]

World Food Safety Day

Today is World Food Safety Day

By Fazila Olla 07-06-23 12:14

World Food Safety Day which is commemorated annually on 7 June –  throws the spotlight on food safety awareness and the steps required to prevent, detect and manage foodborne risks and illnesses. Food safety refers to handling, preparing, transporting and storing of foodstuffs in a way that best reduces the risk of persons becoming sick […]

Elon Musk Tesla

The 10 richest people in the world today – 7 June

By Hennely Nel 07-06-23 09:24

Money makes money and these 10 people have made a lot of it over the years. Here is a list of the 10 richest people in the world today. ALSO READ: Rand Report: Rand finds stability as US debt deal concludes The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. South African-born Elon Musk is […]

At last PRASA partly opens Cape Town’s Central Line

PRASA Chairperson shown the door

By Mimi Mfundisi 06-06-23 23:08

Leonard Ramatlakane reportedly used the entity’s Cape Town property meant for company executives to house his family since December. The Department of Transport has announced that it has relieved Passenger Rail Agency of South Africa(PRASA) board member and Chairperson Leonard Ramatlakane of his duties. LUXURY LIVING The decision comes after an investigation revealed that Ramatlakane […]

Joburg municipal bills

Why South Africans are relocating to these three provinces

By Hennely Nel 06-06-23 19:46

As cost of living keeps getting worse in South Africa, citizens are looking to relocate to the three provinces with main economic hubs in the country. ALSO READ: South Africa warned of food security issues that may lead to riots RELOCATING TO BETTER LIVES AND JOB OPPORTUNITIES Recent reports show that ongoing urbanisation which is fueled […]

South African-owned project wins prestigious architect award in the UK. Photo: FB/ The Newt in Somerset

South African-owned project wins prestigious architect award in the UK

By Jenni Baxter 06-06-23 11:54

A beautiful South African-owned project in the UK has won a prestigious design award. The Newt in Somerset, which was restored and launched in 2019 by SA power couple Koos Bekker and Karen Roos, has won an award for its spectacular architecture of its Roman Villa Experience. The Newt said on Tuesday morning: “News travels […]

petrol and diesel price

Fuel prices expected to decrease

By Fazila Olla 05-06-23 22:13

Cash-strapped consumers will experience some relief at the pumps this week when the price of all grades of petrol and diesel decreases. The price of paraffin will also decrease, with an increase in the price of gas. Fuel price adjustments as announced by the Department of Mineral Resources and Energy (DMRE) are as follows: Both […]

responsible gambling

SA has made over R34 billion in Gross Gambling Revenue (GGR)

By Hennely Nel 05-06-23 19:39

South Africa’s gross gaming revenue exceeded R34 billion in FY 2021/22, and based on the amazing performance of some of the greatest industry players in the country, the number is getting even higher as we speak. Also, the latest data provided by the National Gambling Board shows that the gross gambling revenue experienced a 48% […]

farming-south-africa

South Africa’s agriculture sector struggles with power cuts

By Mimi Mfundisi 05-06-23 19:32

One major challenge is the worsening power cuts, which heavily impact the energy-dependent agricultural sector. South Africa’s agriculture has had great consecutive seasons since 2019/20. The sector’s gross value added grew by 14.9% in 2020, 8.8% in 2021 and modestly by 0.3% in 2022 . This was primarily supported by favourable weather conditions. The current […]

Eskom's new logo

Eskom executive suspected of sabotaging power stations for profit

By Mimi Mfundisi 05-06-23 15:57

An Eskom executive with top security clearance is a person of interest to the police for alleged involvement in targeted sabotage at power stations. An Eskom executive with top security clearance is reportedly a person of interest to the police. According to a City Press report, the individual is linked to alleged sabotage at power stations […]

Is SA’s only driving license printing machine still broken over a month later?

Is SA’s only license printing machine still broken over a month later?

By Jenni Baxter 05-06-23 11:18

More than a month since South Africa’s ONLY license printing machine broke down, there has still been no news from the Department of Transport on whether the machine has been fixed, despite promising that driving license cards would be printed again within two to three weeks. AfriForum says it’s putting pressure on the Transport Minister. […]

Airlink to launch new South Africa to Malawi route

By Mimi Mfundisi 02-06-23 16:57

Airlink will soon be launching a new route that will connect South Africa and two cities in Malawi. Here are the details… JOHANNESBURG TO MALAWI A brand new route from Airlink will soon allow travellers to fly direct from Johannesburg to the two main cities of Malawi. Starting in September 2023, Airlink will begin operating […]

South Africa’s power blackouts

South Africa’s power blackouts: solutions lie in solar farms and battery storage at scale, and an end to state monopoly

By Fazila Olla 02-06-23 12:26

Rolling blackouts are costing South Africa dearly. The electricity crisis is a barrier to growth, destroys investor confidence and handicaps almost every economic activity. It has raised input costs for producers and retailers and has triggered a new round of inflation and interest rate increases. Any solution will obviously incur costs because it will require […]

Eskom's new logo

Eskom eases load shedding for the weekend

By Fazila Olla 02-06-23 11:37

Eskom says it expects to implement various stages of load shedding over the weekend with a chance of a power cut-free Sunday afternoon. This as the power utility said it expects to return several generating units to service over the coming days. The load-shedding schedule for this weekend is as follows: Friday: Stage 4 throughout […]

Self-taught cheesemaker serves exquisite delicacies

Self-taught cheesemaker in Limpopo serves exquisite delicacies

By Fazila Olla 02-06-23 11:27

The search for great-tasting artisan cheese and healthy, non-processed food is growing in South Africa and Mahlatse Mailula (32) is among local food manufacturers who are meeting the demand. Artisan cheese is made primarily by hand, it includes the traditional methods of cheesemaking. Based in Seshego in Limpopo, Mailula is the founder and owner of […]

Revived farm scoops presidential award

Revived Eastern Cape farm scoops presidential award

By Fazila Olla 02-06-23 11:15

When a state-leased family farm lay fallow after its subsistence farmer patriarch passed on, the entrepreneurial spirit of his daughter-in-law kicked in, and she worked hard to revive it. Today, the initiative is thriving, even earning accolades from the country’s head of state. The director of Kevinot Farming,  Nonopa Tenza, was among a group of […]

Vaal region airport

The Vaal region is getting its own international airport

By Hennely Nel 01-06-23 16:39

VAAL AEROTROPOLIS ON THE CARDS The Vaal region of South Africa is expected to get a massive infrastructure upgrade, in the form of an aerotropolis that will have its own international airport. The ‘Vaal River City’ project will also have logistics, manufacturing and agricultural hubs as well as retail, leisure and residential facilities close to […]

Limpopo farmer

Limpopo farmer empowers SA’s youth to succeed in agriculture

By Hennely Nel 01-06-23 10:43

WITH GOVERNMENT SUPPORT HAVING HELPED TO PROPEL HIS FARMING VENTURE, A LIMPOPO FARMER IS NOW USING HIS KNOWLEDGE TO INSPIRE YOUNG PEOPLE TO PURSUE SUCCESSFUL CAREERS IN FARMING. The desperation to secure a farm for his livestock led Frank Monaheng (66) to stumble on another treasure when he ended up being leased a 1060-hectare farm […]

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