Eskom a risk to South Africa as finances are getting worse
Eskom is expected to deliver worse than expected financial results with the power utility a major risk to South Africa’s fiscal targets.
An...
South African regulator probing Steinhoff auditors to continue investigation
South Africa's Independent Regulatory Board for Auditors (IRBA) said on Sunday that following its initial review of Steinhoff's auditors Deloitte South Africa it would...
Taxman collects R1trn, so far
The South African Revenue Service has collected R1trn in tax revenue so far, but this is still below the R1.217trn target set by Treasury...
Zuma stench will linger
The flood of obituaries to the Zuma presidency are likely to stream in for some time to come. But how should the nine-year period...
Foreshore development violates Cape Town’s transport policy, say experts
Plans for the R8bn development of Cape Town's Foreshore have been slammed by experts, who say they violate the City's own transport policy.
...
Eskom says coal supplier Optimum mine starts business rescue proceedings
South African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the...
Listeriosis claims 172 lives
The Listeriosis outbreak in South Africa has claimed 172 lives and the source of the outbreak still remains unknown.
“As of 20 February 2018, 915...
Govt earmarks R6bn for drought relief
The Government says it “stands ready” to provide financial assistance for the “severe” drought that was affecting large parts of the country. Indeed, a...
Budget: Business concern about slow growth
Business reaction to the Budget was low-key, accepting of the need to raise extra tax by hiking VAT, but it was concerned the economy...
H2O International suspends water refills ahead of Day Zero
Water purification company H2O International has suspended walk-in water refills to prevent water wastage and stockpiling in drought-stricken Cape Town.
The Cape Town...
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
South Africa’s R400 billion water crisis: fixing leaking pipes before it’s...
South Africa’s R400 billion water crisis: fixing leaking pipes before it’s too late
By Adrian Ephraim
WHEN President Cyril Ramaphosa stood at Cape Town City Hall...