Cape Town’s luxury residential market proved resilient in 2023 despite successive interest rate hikes
ACCORDING to The Wealth Report, Knight Frank’s flagship research report – prime residential prices surprised on the upside in 2023.
Of the 100 markets tracked...
Council approves new spatial vision for Maitland
The City of Cape Town’s Council approved the local spatial development framework (LSDF) for Maitland at its meeting on Wednesday 27 March. The LSDF...
SARB unchanged rates decision likely means property market activity remaining mediocre
Commentary by John Loss, , Property Sector Strategist at FNB Commercial Property Finance.
The unchanged repo rate decision was as expected by FNB. This means that the SARB...
‘Building for Jobs’ Budget: Cape Town tables record Infrastructure spend
Cape Town Mayor Geordin Hill-Lewis tabled Cape Town’s R76,4bn draft budget for 2024/25 on Wednesday, 27 March 2024. The City’s ‘Building for Jobs’ budget...
1Voucher and Zando.co.za partner to empower South African cash shoppers
Zando.co.za, a trailblazer in the South African online fashion scene, proudly announces a partnership with 1Voucher, a leading digital voucher provider. This strategic collaboration...
An efficient criminal justice system – key ingredient missing, ruining SA economy
Jacques Moolman - President of the Cape Chamber of Commerce & Industry
As any chef will attest, forgetting a key ingredient will ruin any dish.
A...
Executive Summary of Premier’s speech at Department of the Premier 2024 budget
Premier Alan Winde delivered his budget vote speech for the Department of the Premier.
Below is an executive summary of his address:
It is my privilege...
Genuine spare parts you can rely on for all cranes
“WIRE ropes, chain hoists, brake linings, rope guides and control pendants are but a few of thousands of fast-moving components that will need replacing...
Decreased job market is distressing
Statement by Abigail Moyo, spokesperson of the trade union UASA:
UASA is deeply distressed by the decrease in employment. Stats SA indicated that in last...
South Africa leads the Fintech sector in the region
The country is responsible for approximately 40% of all sector revenue in Africa.
The rise of digital wallets has revolutionized the way we conduct financial...
Industry News
Cape Business News (CBN) delivers comprehensive industry news, offering insights into key sectors driving South Africa’s economy. This category highlights significant developments, from emerging market trends and technological innovations to regulatory changes shaping business operations. CBN’s industry news covers manufacturing, mining, energy, agriculture, and more, providing professionals with critical updates to navigate challenges and seize opportunities. With a focus on sustainability, digital transformation, and global competitiveness, CBN keeps industry leaders and stakeholders informed, ensuring they stay ahead in a dynamic business environment.
MUST READ
Wheat farming in South Africa crisis threatens sector sustainability
Wheat farming in South Africa crisis threatens sector sustainability
By Larry Claasen
THE country consumes more than 3,5 million tons of wheat a year, yet domestic...