South Africa’s new BEE targets – the massive dilemma for businesses – BusinessTech

[ad_1] Trade union Solidarity has published an “Impact Study” detailing what would need to happen in South Africa’s economy to make the government’s new BEE targets a reality. The study…

Business confidence in South Africa nosedives – BusinessTech

[ad_1] Persistent load shedding, high interest rates, and a weaker rand due to diplomatic relations have hit South Africa’s business confidence hard, with optimism nosediving in the consumer-facing new vehicle…

Half of South Africa’s drinking water is poor quality – BusinessTech

[ad_1] The Department of Water and Sanitation says that the quality of South Africa’s drinking water is worrying. The department’s Blue Drop Watch Report looks at the current condition of the…

South Africa dodges technical recession – despite record load shedding – BusinessTech

[ad_1] South Africa’s gross domestic product (GDP) increased by 0.4% in the first quarter of 2023, leading the country to narrowly dodge a technical recession. The number was in-line with…

How much more you’re paying for deodorant, toothpaste and other household items in South Africa – BusinessTech

[ad_1] While it is well known that food prices have compounded the financial pressures faced by South Africans over the past year, it is not the only household expense that…

Farmers sound the alarm on ‘race quotas’ for water in South Africa – BusinessTech

[ad_1] Draft regulations that will determine access to water based on skin colour will have a catastrophic impact on food security and employment in the agricultural sector in South Africa.…

Average salaries in the UK vs South Africa – How much more Brits earn – BusinessTech

[ad_1] South Africa is losing a large number of wealthy South Africans, and the United Kingdom is one of the most popular destinations for expats. Finance Minister Enoch Godongwana said…

Two new flight routes launching in South Africa – BusinessTech

[ad_1] Domestic airline Airlink plans to add two more routes to its roster of destinations South Africans can fly to. The airline will open flights between Johannesburg and Lilongwe, and…

The biggest risks to South Africa’s economy right now – BusinessTech

[ad_1] The South African Reserve Bank’s (SARB’s) Financial Stability Review (FSR) for 2023 has flagged nine key risks to the country’s economy, including two entirely new risks that have only…

South Africa considering easy way out of its Putin problem – BusinessTech

[ad_1] South Africa is considering switching the venue of an upcoming summit of BRICS leaders to another country, according to people familiar with the matter, a move that would resolve…