Tongaat Hulett Saved from Liquidation in Last-Minute Rescue Deal with IDC and Vision Group

Tongaat Hulett has narrowly avoided liquidation after the Industrial Development Corporation (IDC) and Vision Group struck a binding agreement that will inject fresh capital, restructure debt, and secure thousands of jobs across Southern Africa. On Wednesday, June 17, 2026, the day a high-stakes provisional liquidation hearing was set to begin in the Durban High Court, business rescue practitioners, the IDC, and Vision Group (led by businessman Robert Gumede) finalised a trip... Read more »
by Staff Writer | Published 3 weeks ago

By Staff Writer On Monday, June 15th, 2026

Strait of Hormuz Reopens as US-Iran Ceasefire Triggers Oil Crash

Global energy markets have been upended following a historic, late-night diplomatic breakthrough that has officially brought an end to the 100-day war between the United States and Iran. Mediated by Pakistan an... Read more »
By Staff Writer On Thursday, January 15th, 2026

Substantial Fuel Price Drop Expected in February Amid Strong Rand and Low Oil Prices

South African motorists are poised for continued relief at the pumps in February, with early data from the Central Energy Fund (CEF) indicating significant decreases in petrol and diesel prices. Preliminary fig... Read more »
By Staff Writer On Thursday, November 6th, 2025

Nkosana Makate and Vodacom Reach ‘Please Call Me’ Settlement

After nearly two decades of legal battles, Vodacom Group Limited has announced a landmark out-of-court settlement with Nkosana Makate, the innovator behind the company’s “Please Call Me” servi... Read more »
By Charles Edelstein On Thursday, May 29th, 2025

What is the State of Whistleblower Protection in SA?

Blowing the whistle on corruption in a company, or on the abuse of public resources within government, is both an act of great bravery and one that enjoys little protection in our country – physically, profes... Read more »
By Oliver Ngwenya On Sunday, January 12th, 2025

Eskom Warns of Prolonged Power Outage in Nkanini Following Incident with Technicians

Eskom has drastically withdrawn its services from Nkanini, Khayelitsha following the robbery incident that occurred after the power utility company deployed their technicians to the town on Friday and were robb... Read more »
Picture for illustration purposes:Government urges the citizens not to register spaza shops for foreign nationals as it is considered a fradulent activity.
By Oliver Ngwenya On Thursday, December 5th, 2024

Ramaphosa’s Push for Spaza Shop Registration to Tackle Health Risks and Fraud

South Africa is at the center of a growing debate over the operations of spaza shops, especially regarding fraudulent business registrations and the safety of goods sold in townships. The issue gained national ... Read more »
Minister-in-the-Presidency-for-Electricity-Kgosientsho-Ramokgopa
By Oliver Ngwenya On Wednesday, November 27th, 2024

Eskom’s Fight Against Electricity Theft Sparks Chaos and Questions

South Africa’s power utility, Eskom, is at the center of a complex challenge after its campaign to upgrade prepaid electricity meters uncovered widespread illegal electricity use. The initiative, which transi... Read more »
By Oliver Ngwenya On Wednesday, November 13th, 2024

South Africa’s National Treasury Seeks Public Input on Alcohol Taxation and Policy Changes Ahead of 2025 Budget

South Africa’s National Treasury has published a policy review on the taxation of alcoholic beverages, inviting public comments as part of its preparations for the 2025 Budget. The review builds on the 20... Read more »
By Ellington Ngandu On Friday, September 13th, 2024

Xi’s $51 Billion Pledge to Africa: A Landmark Deal or a Debt Trap?

In a sweeping announcement at the Forum on China-Africa Cooperation Summit held on September 5, 2024 in Beijing, Chinese President Xi Jinping pledged nearly $51 billion over the next three years to bolster Ch... Read more »