News

Venecia Valentine South African R&B fans are set for a major nostalgia-filled concert experience this October as Remoakantse Holdings officially announces the Ultimate R&B Experience Tour. The highly anticipated tour will feature international R&B stars Brian McKnight, All-4-One and SWV performing across Cape Town and Pretoria from 28 to 31 October 2026. Brian McKnight headlines …

Key Points South Africa lifts rate to 7%, first hike in three years 25 bps move backed by four policymakers, two voted for no change Central bank raises inflation forecast, cuts growth outlook South Africa’s central bank governor, Lesetja Kganyago, arrives to deliver a keynote address on monetary policy, growth and jobs at the University …

South Africa Welcomes the Commonwealth Parliamentary Community The Parliament of South Africa is proud to host the 69th Commonwealth Parliamentary Conference (CPC) in September 2026, marking a significant moment for parliamentary democracy and international collaboration. This prestigious event, organised by the Commonwealth Parliamentary Association (CPA), will bring together Members of Parliament, parliamentary officials and delegates …

The Johannesburg Stock Exchange wants to convert improved sentiment towards South Africa into durable capital formation, while warning that geopolitical uncertainty and weak domestic growth remain key risks to sustaining momentum, says JSE group chief executive Valdene Reddy (pictured). Reddy was interviewed by journalist Alishia Seckam in a PSG Financial Services Think Big webinar on …

US officials are warning that the activity of Mexican cartels could be growing across the Continent, including here in South Africa. Investigative reporter and author of Clash of the Cartels Caryn Dolley says the concerns follow comments from US Africa Command head General Dagvin Anderson. He recently told US lawmakers that cartel-linked drug production in Africa …

Staff Writer  ·28 May 2026 Stats SA has revised its liquidations data, revealing that business closures are escalating in the country at an alarming pace. The latest data on liquidations shows that 233 companies were shuttered in April 2026, down from 276 liquidations recorded in March. This is a significant revision from the previously reported …

 ·28 May 2026 South Africa’s central bank is set to raise borrowing costs for the first time in three years as policymakers seek to combat inflationary pressures stemming from the Iran war, including sharply higher oil prices. All but one of 19 economists surveyed by Bloomberg forecast Governor Lesetja Kganyago and the five other members …

On Thursday, the South African Reserve Bank (SARB) announced its decision to increase the interest rate by 25 basis points to 7%, a week after year-on-year head inflation hiked to 4%, up from 3.1% in March. Offering some optimism to the sour scenario, Richard Gaskin, Market Analyst at FP Markets, reminds FORBES AFRICA that while …

The violence against foreign Africans has undermined and will continue to undermine the African National Congress’s foreign policy of positioning South Africa as a so-called moral force. It will undermine South Africa’s influence in Africa as well as in continental and global institutions. It is likely to result in African countries not supporting South Africa …

The Democratic Alliance’s historic victory in Ward 28 in Emfuleni, Gauteng, is a hopeful sign that South Africans are choosing change, hope, and governments that work. In yesterday’s by-election, the DA won a former ANC stronghold with 32.36% of the vote, growing from just 14.21% in 2021 and 19.31% in 2024. This result matters far …

Malcolm Libera  ·28 May 2026 The South African Reserve Bank (SARB) has hiked the repo rate by 25 basis points, which property experts say will put further pressure on households already strained. Following the latest Monetary Policy Committee meeting, the repo rate increased to 7.00%, while the prime lending rate climbed to 10.50%. Four members …

While BYD’s own Sealion 5 currently holds the accolade of most affordable plug-in hybrid at R509 900, the Atto 2 DM-i is expected to bring this down below R500 000. Its stock in South Africa continuing to rise, BYD will soon add another product to its portfolio in the shape of the Atto 2 DM-i. …