Fitch Ratings affirms Eskom’s ‘BB’ credit rating and removes the ratings watch negative
Fitch Ratings has announced its decision to affirm Eskom Long-Term Local Currency Issuer Default Rating (IDR) and unguaranteed local currency senior unsecured ratings of...
Further economic deterioration inevitable
"The Medium-Term Budget Framework Statement (MTBRS) that the Minister of Finance, Tito Mboweni, submitted today to Parliament is a very clear evidence that the...
Initiative to Capture Cape Town’s Trash Before it Hits the Coast
The City of Cape Town has joined key players and interested groups in the first of many meetings, to investigate ways to remove garbage...
‘Finish’ first: Timesavers’ new deburring and grinding equipment on show at Euroblech 2018
Euroblech is arguably the world's ultimate trade exhibition for all those involved in steel processing. This year, leading abrasive finishing solutions provider Timesavers is...
FNB honoured as best business Bank in SA – 6 times in a row
FNB Business has once again been voted “SA’s Best Business Bank” in the 20th Annual Sunday Times Top Brands survey. This makes it the sixth year in...
What your tax bill could look like next year
No changes to personal income tax, VAT and corporate tax rates expected.
National Treasury does not expect that personal or corporate tax rates...
Public school closing dates
Initial confusion surrounding the closure date of public schools across the province, prompted the Western Cape Education Department (WCED) to clarify the official dates...
How the ratings agencies are likely to react to the medium-term budget
Three priority areas could trigger changes to the country’s sovereign credit rating, according to Lullu Krugel, chief economist at PwC Africa, who was commenting on...
Uber Air could see SA shoppers flying to malls via skyports, says exec
Ridesharing company Uber says it is working on "a whole generation of transport modalities" – one of which is Uber Air, an urban aviation...
Table Mountain Cableway offers locals summer discount
Nothing says summer like an idyllic Cape Town sunset and the Table Mountain Cableway is offering locals a discount on trips for the festive...
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.