Priced out of Cape Town, young pros flock back to Joburg

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Profit pressure mounts for mid-tier banks in low-rate era. Cheap cars aren’t the threat, changing expectations are. And can the hospitality sector bring meaningful growth to local economies?

26 Mar 6AM English South Africa Business News · Politics

[TOP STORY] Creecy pushes private rail to revive SA’s logistics network

‘This is a huge step forward. It's the first time we've ever had private operators on the freight rail network,’ says Transport Minister, Barbara Creecy.

25 May 9AM 15 min

Fears of wider Ebola crisis grow as death toll climbs

From SAA to Aarto: Creecy’s high-stakes transport plan. Flood-hit table grape producers call for urgent government assistance.

25 May 6AM 32 min

[TOP STORY] Amsa is ‘killing’ SA’s downstream steel sector, Neasa warns

‘The question is, do we have to keep Amsa alive? There are many role players that say, no, we can survive. In fact, Amsa is becoming an obstacle,’ says Neasa CEO, Gerhard Papenfus.

22 May 8AM 7 min

Agriculture under threat as biosecurity risks intensify

Industry reacts to move to safeguard local steel sector with tariffs of up to 30%. Africa’s best response to global chaos may be trading with itself. R1.4bn later, the North Coast property boom is hard to ignore.

22 May 6AM 30 min

[TOP STORY] ‘Absolute governance collapse’: Joburg’s electricity chaos exposes years of mismanagement

‘The losses are not just because people are not paying, it is really actually the grid that has not been maintained properly, and financial management has been absent,’ says Julius Kleynhans, executive manager for local government at Outa.

21 May 8AM 7 min