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Business is booming in Cape Town’s CBD

Business is experiencing strong growth in the Cape Town’s Central City with 135 new entities opening in 2022, bringing the total number of businesses to 3 116 compared with 2 981...

A small business confidence plummets as the energy crisis intensifies

The escalation of the energy crisis in South Africa, which has brought with it the onset of indefinite stage 6 loadshedding, has had an eroding effect on business confidence. Across all...

In latest clash, Nigeria hands SA’s MTN $2 billion tax bill

JOHANNESBURG - MTN Group faces a $2 billion demand for taxes in Nigeria, the latest in a series of skirmishes with authorities in the South African mobile phone company’s most lucrative but increasingly...

Business confidence hits lowest level in more than 20 years

After the finance minister debacle in December, unstable finance markets and an expect US interest rate hike, it is perhaps no surprise that the South African Business Confidence Index (BCI) fell...


WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...


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