https://www.iol.co.za https://www.iol.co.za/assets/img/branding/iol/iol-logo-196x82.jpg https://www.iol.co.za RSS for Node Fri, 19 Jun 2026 09:21:03 GMT Fri, 19 Jun 2026 09:21:03 GMT https://www.iol.co.za/rss 60 https://www.iol.co.za/business-report/companies/prosus-reaches-profitability-across-all-internet-ecosystems-0fc6c203-6807-403a-85d6-8ff92c1c5981 https://www.iol.co.za/business-report/companies/prosus-reaches-profitability-across-all-internet-ecosystems-0fc6c203-6807-403a-85d6-8ff92c1c5981 Fri, 19 Jun 2026 08:50:56 GMT Fri, 19 Jun 2026 08:50:56 GMT IOL Construction has commenced on the R650 million GrandWest Mall in Cape Town, marking a significant investment in the local economy and enhancing the GrandWest entertainment precinct. https://www.iol.co.za/business-report/companies/construction-begins-on-r650-million-grandwest-mall-in-cape-town-41f6d3c6-da94-403b-9962-86db82c66e14 https://www.iol.co.za/business-report/companies/construction-begins-on-r650-million-grandwest-mall-in-cape-town-41f6d3c6-da94-403b-9962-86db82c66e14 Fri, 19 Jun 2026 07:02:04 GMT Fri, 19 Jun 2026 07:02:04 GMT IOL Construction has commenced on the R650 million GrandWest Mall in Cape Town, marking a significant investment in the local economy and enhancing the GrandWest entertainment precinct. https://www.iol.co.za/personal-finance/financial-planning/empowering-south-african-youth-the-importance-of-financial-literacy-87cc5843-fc5f-4293-aa14-71ad017f9b8e https://www.iol.co.za/personal-finance/financial-planning/empowering-south-african-youth-the-importance-of-financial-literacy-87cc5843-fc5f-4293-aa14-71ad017f9b8e Fri, 19 Jun 2026 05:10:05 GMT Fri, 19 Jun 2026 05:10:05 GMT IOL Explore how financial literacy can empower young South Africans to navigate economic challenges and seize opportunities, even in uncertain times. https://www.iol.co.za/personal-finance/financial-planning/bridging-the-30-gap-aligning-south-africas-ai-ambitions-with-workforce-strategy-d3dfd982-981b-404c-937d-9e13bd0726c0 https://www.iol.co.za/personal-finance/financial-planning/bridging-the-30-gap-aligning-south-africas-ai-ambitions-with-workforce-strategy-d3dfd982-981b-404c-937d-9e13bd0726c0 Fri, 19 Jun 2026 04:57:52 GMT Fri, 19 Jun 2026 04:57:52 GMT IOL South African workers are eager to upskill in AI, yet a significant gap exists between executive ambitions and HR strategies. This article explores the implications of this disconnect and offers insights on bridging the gap for a more effective workforce strategy. https://www.iol.co.za/business-report/economy/sa-post-office-exit-from-business-rescue-welcomed-as-unions-call-for-urgent-turnaround-job-security-acf5e1dc-dc4e-4aae-945c-5da38d75e289 https://www.iol.co.za/business-report/economy/sa-post-office-exit-from-business-rescue-welcomed-as-unions-call-for-urgent-turnaround-job-security-acf5e1dc-dc4e-4aae-945c-5da38d75e289 Thu, 18 Jun 2026 15:11:06 GMT Thu, 18 Jun 2026 15:11:06 GMT IOL Trade unions and economic experts express optimism over the South African Post Office's application to exit business rescue, highlighting the need for competent leadership and government support to restore its services https://www.iol.co.za/business-report/uae-sees-strong-growth-in-south-african-trade-despite-regional-conflict-in-the-middle-east-a77fab17-a18f-4c9e-b773-97c4d35cf65d https://www.iol.co.za/business-report/uae-sees-strong-growth-in-south-african-trade-despite-regional-conflict-in-the-middle-east-a77fab17-a18f-4c9e-b773-97c4d35cf65d Thu, 18 Jun 2026 14:49:12 GMT Thu, 18 Jun 2026 14:49:12 GMT IOL The UAE is committed to enhancing its trade and investment relationship with South Africa, despite regional tensions. With bilateral trade reaching $8.6 billion and significant investments in logistics and renewable energy, both nations are poised for mutual growth. https://www.iol.co.za/business-report/treasury-to-review-sa-growth-forecast-head-of-medium-term-budget-amid-middle-east-turmoil-66d6a45e-3c28-42ef-9e26-af4809240cbe https://www.iol.co.za/business-report/treasury-to-review-sa-growth-forecast-head-of-medium-term-budget-amid-middle-east-turmoil-66d6a45e-3c28-42ef-9e26-af4809240cbe Thu, 18 Jun 2026 14:47:35 GMT Thu, 18 Jun 2026 14:47:35 GMT IOL Finance Minister Enoch Godongwana announces a reassessment of South Africa's economic growth projections ahead of the Medium-Term Budget Policy Statement, citing rising geopolitical tensions and surging oil prices as potential threats to recovery. https://www.iol.co.za/business-report/economy/usafrica-trade-commission-launch-signals-new-era-for-investment-and-trade-says-malope-09ec4799-eeb7-43a8-9a5c-17f48cde9d4c https://www.iol.co.za/business-report/economy/usafrica-trade-commission-launch-signals-new-era-for-investment-and-trade-says-malope-09ec4799-eeb7-43a8-9a5c-17f48cde9d4c Thu, 18 Jun 2026 14:47:14 GMT Thu, 18 Jun 2026 14:47:14 GMT IOL Prof. Gabbey Malope shares insights on the upcoming launch of the U. S.–Africa Trade Commission's South Africa Chapter, highlighting its potential to foster economic cooperation and development across the continent. https://www.iol.co.za/business-report/companies/new-blended-finance-vehicle-zafiri-aims-to-power-millions-of-people-in-africa-by-2030-75c90882-0bcc-4be8-b3ee-cabe7e9a1fcb https://www.iol.co.za/business-report/companies/new-blended-finance-vehicle-zafiri-aims-to-power-millions-of-people-in-africa-by-2030-75c90882-0bcc-4be8-b3ee-cabe7e9a1fcb Thu, 18 Jun 2026 14:16:37 GMT Thu, 18 Jun 2026 14:16:37 GMT IOL Inspired Evolution has launched Zafiri, a $176 million blended capital vehicle aimed at expanding electricity access to 300 million people in sub-Saharan Africa by 2030. This initiative seeks to address energy financing gaps through investments in distributed renewable energy projects. https://www.iol.co.za/business-report/companies/libstar-holdings-reports-flat-trading-revenue-amid-challenging-consumer-environment-ee3a281a-a2cb-4d21-982e-c2641674ab8a https://www.iol.co.za/business-report/companies/libstar-holdings-reports-flat-trading-revenue-amid-challenging-consumer-environment-ee3a281a-a2cb-4d21-982e-c2641674ab8a Thu, 18 Jun 2026 13:31:20 GMT Thu, 18 Jun 2026 13:31:20 GMT IOL Libstar Holdings reports flat trading revenue for the 21 weeks ending May 31, citing a constrained consumer environment and inflationary pressures affecting manufacturing costs. The company outlines strategies for improvement in the second half of the financial year. https://www.iol.co.za/business-report/economy/sa-agribusiness-confidence-falls-to-2-year-low-amid-disease-outbreaks-and-global-uncertainty-32a601f9-cd13-4f69-8f73-cfd5aafe448f https://www.iol.co.za/business-report/economy/sa-agribusiness-confidence-falls-to-2-year-low-amid-disease-outbreaks-and-global-uncertainty-32a601f9-cd13-4f69-8f73-cfd5aafe448f Thu, 18 Jun 2026 10:46:49 GMT Thu, 18 Jun 2026 10:46:49 GMT IOL The latest Agribusiness Confidence Index reveals a significant decline in South African agribusiness sentiment, driven by global challenges such as the Middle East conflict and ongoing issues with foot-and-mouth disease. https://www.iol.co.za/business-report/necsa-siemens-energy-partner-on-small-modular-reactors-and-skills-development-99428603-3df1-4d22-a5e0-ea3b93a46524 https://www.iol.co.za/business-report/necsa-siemens-energy-partner-on-small-modular-reactors-and-skills-development-99428603-3df1-4d22-a5e0-ea3b93a46524 Thu, 18 Jun 2026 10:21:46 GMT Thu, 18 Jun 2026 10:21:46 GMT IOL Necsa and Siemens Energy have signed a strategic Memorandum of Understanding to collaborate on energy generation, skills development, and advanced nuclear technologies, aiming to enhance South Africa's energy security and industrial growth. https://www.iol.co.za/business-report/companies/lesaka-technologies-extends-bank-zero-acquisition-deadline-to-january-2027-a017f654-de43-4551-a6f1-cf76b3e3032f https://www.iol.co.za/business-report/companies/lesaka-technologies-extends-bank-zero-acquisition-deadline-to-january-2027-a017f654-de43-4551-a6f1-cf76b3e3032f Thu, 18 Jun 2026 09:59:47 GMT Thu, 18 Jun 2026 09:59:47 GMT IOL Lesaka Technologies has announced an extension of the acquisition deadline for Bank Zero to January 31, 2027, as it seeks to fulfil regulatory requirements. This move comes after a significant rise in its earnings and a commitment to expanding its financial services platform." https://www.iol.co.za/business-report/sub-saharan-africa-leads-the-way-in-global-energy-transition-efforts-wef-76b97ee5-6291-4df8-a540-80b894458a7f https://www.iol.co.za/business-report/sub-saharan-africa-leads-the-way-in-global-energy-transition-efforts-wef-76b97ee5-6291-4df8-a540-80b894458a7f Thu, 18 Jun 2026 09:53:54 GMT Thu, 18 Jun 2026 09:53:54 GMT IOL Sub-Saharan Africa emerges as a leader in the global energy transition, showcasing significant advancements amidst a chalenging geopolitical landscape, according to the World Economic Forum's Energy Transition Index 2026." https://www.iol.co.za/business-report/companies/christo-wieses-brait-announces-r25-billion-rights-offer-ahead-of-virgin-active-listing-2daff36f-ccad-41e9-a0d0-b32db931cf43 https://www.iol.co.za/business-report/companies/christo-wieses-brait-announces-r25-billion-rights-offer-ahead-of-virgin-active-listing-2daff36f-ccad-41e9-a0d0-b32db931cf43 Thu, 18 Jun 2026 08:57:11 GMT Thu, 18 Jun 2026 08:57:11 GMT IOL Brait, led by Christo Wiese, plans a R2.5 billion rights offer to unlock shareholder value ahead of Virgin Active's listing, aiming to reduce debt and enhance business positioning https://www.iol.co.za/business-report/eskom-ntcsa-secure-r12-million-french-backing-to-strengthen-south-africas-power-grid-776a44f8-e6bd-4dad-9d5a-0e14f26191d2 https://www.iol.co.za/business-report/eskom-ntcsa-secure-r12-million-french-backing-to-strengthen-south-africas-power-grid-776a44f8-e6bd-4dad-9d5a-0e14f26191d2 Thu, 18 Jun 2026 08:36:08 GMT Thu, 18 Jun 2026 08:36:08 GMT IOL South Africa's electricity transmission network is set to undergo significant improvements following a cooperation agreement between Eskom and French partners, aimed at modernising the grid and integrating renewable energy sources. https://www.iol.co.za/business-report/markets/us-and-iran-peace-framework-signals-major-shift-for-global-oil-markets-and-trade-cd9e621a-cd93-4e61-9eee-08abd728c546 https://www.iol.co.za/business-report/markets/us-and-iran-peace-framework-signals-major-shift-for-global-oil-markets-and-trade-cd9e621a-cd93-4e61-9eee-08abd728c546 Thu, 18 Jun 2026 08:18:47 GMT Thu, 18 Jun 2026 08:18:47 GMT IOL A sweeping memorandum between the US and Iran could end months of conflict, reopen critical shipping routes and pave the way for hundreds of billions of dollars in economic investment. https://www.iol.co.za/business-report/economy/the-2027-cricket-world-cup-could-become-southern-africas-greatest-tourism-story-since-2010-c94a49d0-e6f7-4497-9499-42807c4fb8d2 https://www.iol.co.za/business-report/economy/the-2027-cricket-world-cup-could-become-southern-africas-greatest-tourism-story-since-2010-c94a49d0-e6f7-4497-9499-42807c4fb8d2 Thu, 18 Jun 2026 06:45:36 GMT Thu, 18 Jun 2026 06:45:36 GMT IOL Explore how the 2027 Cricket World Cup in Southern Africa could replicate the tourism success of the 2010 FIFA World Cup, offering a chance to showcase the region's rich diversity and cultural heritage. https://www.iol.co.za/business-report/companies/premier-group-warns-of-potential-5-percent-price-rise-on-its-food-and-personal-care-products-b17d1201-c17e-4538-adc4-eb93fa2836d4 https://www.iol.co.za/business-report/companies/premier-group-warns-of-potential-5-percent-price-rise-on-its-food-and-personal-care-products-b17d1201-c17e-4538-adc4-eb93fa2836d4 Thu, 18 Jun 2026 06:39:03 GMT Thu, 18 Jun 2026 06:39:03 GMT IOL Premier Group anticipates a 5% increase in food product prices due to rising costs, while reporting record profits and a significant acquisition. CEO Kobus Gertenbach outlines the company's strategies for navigating inflation and market challenges. https://www.iol.co.za/business-report/markets/federal-reserves-bold-stance-shifts-market-dynamics-e1c1edc7-dfab-4d3c-b173-d2c8f5ab115b https://www.iol.co.za/business-report/markets/federal-reserves-bold-stance-shifts-market-dynamics-e1c1edc7-dfab-4d3c-b173-d2c8f5ab115b Thu, 18 Jun 2026 06:09:50 GMT Thu, 18 Jun 2026 06:09:50 GMT IOL The Federal Reserve's hawkish turn sparks a whirlwind of market shifts, with the US Dollar surging while Asian indices hit new heights. Discover how these developments are reshaping global economic landscapes. https://www.iol.co.za/business-report/economy/empowering-south-africas-youth-the-future-of-agriculture-87e5f2c5-b49c-4305-b87a-6527555b5f33 https://www.iol.co.za/business-report/economy/empowering-south-africas-youth-the-future-of-agriculture-87e5f2c5-b49c-4305-b87a-6527555b5f33 Thu, 18 Jun 2026 04:46:05 GMT Thu, 18 Jun 2026 04:46:05 GMT IOL The Department of Agriculture emphasises the vital role of youth in shaping the future of South Africa's agricultural sector during a recent roundtable discussion https://www.iol.co.za/business-report/economy/the-first-question-every-young-african-innovator-must-answer-what-do-you-own-5bdca30f-ce68-4299-b7d5-24fbc3524504 https://www.iol.co.za/business-report/economy/the-first-question-every-young-african-innovator-must-answer-what-do-you-own-5bdca30f-ce68-4299-b7d5-24fbc3524504 Thu, 18 Jun 2026 04:28:29 GMT Thu, 18 Jun 2026 04:28:29 GMT IOL Explore the significant lessons from the 'Please Call Me' saga and discover why understanding ownership is crucial for young African innovators striving to make an impact in their communities. https://www.iol.co.za/personal-finance/financial-planning/employment-services-bill-2026-set-to-modernise-labour-and-migration-rules-5a7626e3-4f89-4c9c-b6c6-17d6b347de28 https://www.iol.co.za/personal-finance/financial-planning/employment-services-bill-2026-set-to-modernise-labour-and-migration-rules-5a7626e3-4f89-4c9c-b6c6-17d6b347de28 Thu, 18 Jun 2026 04:10:21 GMT Thu, 18 Jun 2026 04:10:21 GMT IOL South Africa’s proposed Employment Services Amendment Bill, 2026 aims to strengthen labour and migration regulation by improving oversight of foreign employment and enhancing compliance requirements for employers across key sectors. https://www.iol.co.za/business-report/companies/sapos-turnaround-from-financial-distress-to-stability-and-future-growth-495eba42-2e6c-4510-9882-1d3dab67ee89 https://www.iol.co.za/business-report/companies/sapos-turnaround-from-financial-distress-to-stability-and-future-growth-495eba42-2e6c-4510-9882-1d3dab67ee89 Thu, 18 Jun 2026 03:50:41 GMT Thu, 18 Jun 2026 03:50:41 GMT IOL The South African Post Office has successfully concluded its business rescue process, significantly reducing creditor debt and stabilising its operations, paving the way for future growth and modernisation. https://www.iol.co.za/business-report/entrepreneurs/the-new-uprising-how-south-africas-young-entrepreneurs-are-turning-freedom-into-ownership-a7b3bd1a-f06e-46dc-875e-219389ddc701 https://www.iol.co.za/business-report/entrepreneurs/the-new-uprising-how-south-africas-young-entrepreneurs-are-turning-freedom-into-ownership-a7b3bd1a-f06e-46dc-875e-219389ddc701 Thu, 18 Jun 2026 03:14:47 GMT Thu, 18 Jun 2026 03:14:47 GMT IOL What if the youth of 1976 could witness South Africa today? They would see a vibrant generation of young entrepreneurs tackling unemployment and inequality through innovation and business creation. https://www.iol.co.za/personal-finance/financial-planning/sars-narrows-honest-mistake-defence-what-tax-penalty-changes-mean-for-taxpayers-88d968ee-89af-4e04-9697-4a763414b299 https://www.iol.co.za/personal-finance/financial-planning/sars-narrows-honest-mistake-defence-what-tax-penalty-changes-mean-for-taxpayers-88d968ee-89af-4e04-9697-4a763414b299 Thu, 18 Jun 2026 03:14:08 GMT Thu, 18 Jun 2026 03:14:08 GMT IOL South Africa’s 2026 amendment to the understatement penalty regime has significantly limited taxpayers’ ability to rely on the “bona fide inadvertent error” or “honest mistake” defence. The change shifts the focus from taxpayer intent to taxpayer behaviour, requiring stronger evidence of reasonable care, proper governance and contemporaneous documentation. Tax experts warn that companies, trusts and individuals must now take a more disciplined approach to tax compliance to avoid costly SARS penalties. https://www.iol.co.za/business-report/companies/tongaat-hulett-avoids-liquidation-but-action-is-required-from-government-on-dumped-imports-94202983-714d-4b0d-9cff-c2497ee57c99 https://www.iol.co.za/business-report/companies/tongaat-hulett-avoids-liquidation-but-action-is-required-from-government-on-dumped-imports-94202983-714d-4b0d-9cff-c2497ee57c99 Wed, 17 Jun 2026 17:36:45 GMT Wed, 17 Jun 2026 17:36:45 GMT IOL The future of South Africa's sugar industry is secured for now as Tongaat Hulett's provisional liquidation application is withdrawn, protecting 250,000 jobs and paving the way for a new business rescue plan https://www.iol.co.za/business-report/economy/exxonmobil-backs-richards-bay-lng-project-in-boost-for-south-africas-energy-security-5638b767-03cb-4fc3-9b90-f9434c9d0e6b https://www.iol.co.za/business-report/economy/exxonmobil-backs-richards-bay-lng-project-in-boost-for-south-africas-energy-security-5638b767-03cb-4fc3-9b90-f9434c9d0e6b Wed, 17 Jun 2026 14:55:38 GMT Wed, 17 Jun 2026 14:55:38 GMT IOL The Zululand Energy Terminal has signed a Heads of Agreement with ExxonMobil South Africa LNG, paving the way for South Africa's first liquefied natural gas import terminal at Richards Bay. This partnership aims to enhance the country's energy security and support its transition to a diversified energy mix https://www.iol.co.za/business-report/companies/stor-age-property-reit-reports-51-increase-in-distributable-income-per-share-3769d371-e345-4e6b-9306-d52c4ceba1e5 https://www.iol.co.za/business-report/companies/stor-age-property-reit-reports-51-increase-in-distributable-income-per-share-3769d371-e345-4e6b-9306-d52c4ceba1e5 Wed, 17 Jun 2026 14:24:18 GMT Wed, 17 Jun 2026 14:24:18 GMT IOL Stor-Age Property REIT has reported a 5.1% increase in distributable income per share for the year ending March, alongside a final dividend declaration. Despite challenges in the UK market, the company remains optimistic about its growth potential in South Africa, supported by strong demand and strategic acquisitions. https://www.iol.co.za/business-report/markets/gold-holds-above-4300-as-mining-stocks-rally-on-jse-after-us-and-iran-peace-deal-970ace0b-9968-480d-93cc-806f95905b33 https://www.iol.co.za/business-report/markets/gold-holds-above-4300-as-mining-stocks-rally-on-jse-after-us-and-iran-peace-deal-970ace0b-9968-480d-93cc-806f95905b33 Wed, 17 Jun 2026 14:00:56 GMT Wed, 17 Jun 2026 14:00:56 GMT IOL The combination of falling oil prices, a stronger rand and elevated gold prices has created a complex backdrop for investors as markets assess the economic implications of the US and Iran peace deal. https://www.iol.co.za/business-report/shoppers-keep-spending-despite-mounting-pressure-as-retail-sales-rise-in-april-1af92a81-1650-4954-a21e-ec7e52998eac https://www.iol.co.za/business-report/shoppers-keep-spending-despite-mounting-pressure-as-retail-sales-rise-in-april-1af92a81-1650-4954-a21e-ec7e52998eac Wed, 17 Jun 2026 13:19:48 GMT Wed, 17 Jun 2026 13:19:48 GMT IOL Despite rising fuel costs and economic uncertainty, South African retail sales grew by 1.3% year-on-year in April, driven by strong demand in various sectors, including household goods and furniture. https://www.iol.co.za/business-report/markets/markets-sentiment-rise-as-iran-us-deal-looms-and-fed-rate-decision-awaited-366b0856-4106-4ce1-aac9-3e37a4fa94a0 https://www.iol.co.za/business-report/markets/markets-sentiment-rise-as-iran-us-deal-looms-and-fed-rate-decision-awaited-366b0856-4106-4ce1-aac9-3e37a4fa94a0 Wed, 17 Jun 2026 12:00:19 GMT Wed, 17 Jun 2026 12:00:19 GMT IOL With optimism sparked by geopolitical developments and critical economic data on the horizon, investors are bracing for potential market movements. The stage is set for a day filled with anticipation and possible shifts in investment strategies across the globe. https://www.iol.co.za/business-report/companies/world-bank-and-african-development-banks-mission-300-early-milestone-in-electrification-afafe814-3c88-4121-82aa-a688ab51c2d6 https://www.iol.co.za/business-report/companies/world-bank-and-african-development-banks-mission-300-early-milestone-in-electrification-afafe814-3c88-4121-82aa-a688ab51c2d6 Wed, 17 Jun 2026 11:56:45 GMT Wed, 17 Jun 2026 11:56:45 GMT IOL Mission 300, a joint initiative by the World Bank and African Development Bank, has successfully connected over 50 million people to electricity across sub-Saharan Africa, aiming to reach 300 million by 2030. https://www.iol.co.za/business-report/companies/zimbabwean-businessman-wicknell-chivayo-joins-consortium-behind-kenya-airport-upgrade-357b3295-e532-4494-bda3-b2c90ac15d77 https://www.iol.co.za/business-report/companies/zimbabwean-businessman-wicknell-chivayo-joins-consortium-behind-kenya-airport-upgrade-357b3295-e532-4494-bda3-b2c90ac15d77 Wed, 17 Jun 2026 11:53:33 GMT Wed, 17 Jun 2026 11:53:33 GMT IOL Zimbabwean businessman Wicknell Chivayo has secured a role in one of Africa's largest infrastructure projects after his company joined a consortium awarded the $2.9 billion expansion of Kenya's busiest airport. https://www.iol.co.za/business-report/high-court-rejects-bid-to-appeal-afrimat-mining-rights-ruling-in-the-northern-cape-74a92f87-6c7d-4e7a-b215-fbf1b9c6d380 https://www.iol.co.za/business-report/high-court-rejects-bid-to-appeal-afrimat-mining-rights-ruling-in-the-northern-cape-74a92f87-6c7d-4e7a-b215-fbf1b9c6d380 Wed, 17 Jun 2026 11:53:26 GMT Wed, 17 Jun 2026 11:53:26 GMT IOL The North Gauteng High Court has ruled against Lungile Mlotshwa's appeal regarding the transfer of mining rights to Afrimat Iron Ore, marking a significant legal development in the ongoing dispute over mining ownership. https://www.iol.co.za/business-report/economy/fuel-price-shock-pushes-south-africas-inflation-to-22-month-high-of-45-506d213e-7ca2-4b03-819c-3969229923eb https://www.iol.co.za/business-report/economy/fuel-price-shock-pushes-south-africas-inflation-to-22-month-high-of-45-506d213e-7ca2-4b03-819c-3969229923eb Wed, 17 Jun 2026 11:45:50 GMT Wed, 17 Jun 2026 11:45:50 GMT IOL Stats SA reveals a concerning rise in consumer inflation to 4.5% in May, primarily driven by significant increases in fuel prices, as experts weigh in on the implications for the economy. https://www.iol.co.za/business-report/companies/tongaat-hulett-withdraws-liquidation-application-50f6412e-63a7-4a74-bc29-a610b869b17d https://www.iol.co.za/business-report/companies/tongaat-hulett-withdraws-liquidation-application-50f6412e-63a7-4a74-bc29-a610b869b17d Wed, 17 Jun 2026 10:58:33 GMT Wed, 17 Jun 2026 10:58:33 GMT IOL Durban High Court permits Tongaat Hulett's Business Rescue Practitioners to withdraw the liquidation application, marking a pivotal moment for the sugar industry and preserving thousands of jobs in KwaZulu-Natal. https://www.iol.co.za/business-report/companies/vukile-property-fund-sees-strong-growth-in-2026-and-big-ambitions-in-italy-1f55ae2d-e0c4-422e-b6fc-43fa2969ed0c https://www.iol.co.za/business-report/companies/vukile-property-fund-sees-strong-growth-in-2026-and-big-ambitions-in-italy-1f55ae2d-e0c4-422e-b6fc-43fa2969ed0c Wed, 17 Jun 2026 10:03:25 GMT Wed, 17 Jun 2026 10:03:25 GMT IOL Vukile Property Fund reports impressive growth in assets and dividends for the year ending March 31, with strategic expansions into Italy and significant improvements in its South African portfolio. https://www.iol.co.za/business-report/entrepreneurs/the-first-responder-to-local-crisis-why-smme-development-is-important-7338f94a-da1e-4c05-8ad6-19fa73ba69cf https://www.iol.co.za/business-report/entrepreneurs/the-first-responder-to-local-crisis-why-smme-development-is-important-7338f94a-da1e-4c05-8ad6-19fa73ba69cf Wed, 17 Jun 2026 09:50:19 GMT Wed, 17 Jun 2026 09:50:19 GMT IOL South Africa's unemployment crisis deepens, yet small, medium, and micro enterprises (SMMEs) hold the key to future job creation. Discover why these businesses are crucial for economic growth and what needs to change to support them effectively. https://www.iol.co.za/business-report/denmark-based-private-equity-firm-buys-major-sa-renewable-energy-developer-8c7091cf-2496-480a-bbd5-0717577e67ad https://www.iol.co.za/business-report/denmark-based-private-equity-firm-buys-major-sa-renewable-energy-developer-8c7091cf-2496-480a-bbd5-0717577e67ad Wed, 17 Jun 2026 09:35:06 GMT Wed, 17 Jun 2026 09:35:06 GMT IOL A. P. Moller Capital has announced its acquisition of Mainstream Renewable Power South Africa, aiming to enhance its renewable energy portfolio and contribute to the country's energy transition. This strategic move reflects growing investor confidence in South Africa's renewable energy market. https://www.iol.co.za/business-report/entrepreneurs/after-the-storm-smes-need-capital-that-moves-fast-54245697-1506-4ff1-b159-c249fdf4278d https://www.iol.co.za/business-report/entrepreneurs/after-the-storm-smes-need-capital-that-moves-fast-54245697-1506-4ff1-b159-c249fdf4278d Wed, 17 Jun 2026 09:34:51 GMT Wed, 17 Jun 2026 09:34:51 GMT IOL South Africa's recent floods have highlighted the urgent need for SMEs to access fast capital for recovery. As communities rebuild, the ability of small businesses to respond swiftly is crucial for economic resilience. https://www.iol.co.za/business-report/energy/youth-must-be-architects-of-south-africas-green-future-273c7849-2d34-4b16-965b-af4d9ba4ef9c https://www.iol.co.za/business-report/energy/youth-must-be-architects-of-south-africas-green-future-273c7849-2d34-4b16-965b-af4d9ba4ef9c Wed, 17 Jun 2026 08:13:05 GMT Wed, 17 Jun 2026 08:13:05 GMT IOL As South Africa commemorates Youth Month, we reflect on the legacy of June 16 and ask: how can today's youth shape the future in the face of climate change? https://www.iol.co.za/personal-finance/financial-planning/the-importance-of-healthcare-cover-for-young-adults-dont-gamble-with-your-health-3e981e3d-c065-430c-9630-6327afc3c443 https://www.iol.co.za/personal-finance/financial-planning/the-importance-of-healthcare-cover-for-young-adults-dont-gamble-with-your-health-3e981e3d-c065-430c-9630-6327afc3c443 Wed, 17 Jun 2026 06:56:16 GMT Wed, 17 Jun 2026 06:56:16 GMT IOL Discover why young and healthy individuals in South Africa should prioritise healthcare planning, understand the risks of being uninsured, and learn essential tips for securing the right coverage. https://www.iol.co.za/personal-finance/financial-planning/how-ai-can-empower-young-people-to-manage-their-finances-effectively-51ad8b3e-07a8-4a7b-89e6-7fea9bcc9b1c https://www.iol.co.za/personal-finance/financial-planning/how-ai-can-empower-young-people-to-manage-their-finances-effectively-51ad8b3e-07a8-4a7b-89e6-7fea9bcc9b1c Wed, 17 Jun 2026 06:55:33 GMT Wed, 17 Jun 2026 06:55:33 GMT IOL Discover how young people are increasingly turning to AI for financial guidance and how this technology can help them build better money habits in a digital world. https://www.iol.co.za/business-report/economy/delayed-harvest-raises-concerns-despite-record-maize-crop-forecast-06653484-137a-4a51-8f72-406eb53040b8 https://www.iol.co.za/business-report/economy/delayed-harvest-raises-concerns-despite-record-maize-crop-forecast-06653484-137a-4a51-8f72-406eb53040b8 Wed, 17 Jun 2026 06:18:20 GMT Wed, 17 Jun 2026 06:18:20 GMT IOL Despite a record maize harvest in South Africa for the 2025-26 season, delays in harvesting due to prolonged rains have raised concerns among agricultural experts. Agbiz's chief economist, Wandile Sihlobo, discusses the implications for crop quality and future seasons. https://www.iol.co.za/personal-finance/financial-planning/has-the-retirement-industry-underestimated-inflation-risk-0f55d8c5-fb24-4653-9d07-25b365294336 https://www.iol.co.za/personal-finance/financial-planning/has-the-retirement-industry-underestimated-inflation-risk-0f55d8c5-fb24-4653-9d07-25b365294336 Wed, 17 Jun 2026 03:59:10 GMT Wed, 17 Jun 2026 03:59:10 GMT IOL Explore how changing inflation dynamics challenge traditional retirement planning strategies and discover actionable insights for securing financial resilience in an unpredictable economic landscape. https://www.iol.co.za/business-report/markets/peace-deal-sparks-global-market-rally-but-oil-market-recovery-may-take-months-c6e70cce-8479-438c-b4db-5d1c81f6ec97 https://www.iol.co.za/business-report/markets/peace-deal-sparks-global-market-rally-but-oil-market-recovery-may-take-months-c6e70cce-8479-438c-b4db-5d1c81f6ec97 Tue, 16 Jun 2026 08:36:43 GMT Tue, 16 Jun 2026 08:36:43 GMT IOL Global markets rallied and oil prices fell sharply after the US and Iran agreed to a framework aimed at reopening the Strait of Hormuz, but analysts warn the road to normalisation could take months. https://www.iol.co.za/business-report/entrepreneurs/its-not-enough-to-say-young-people-must-start-businesses-6201496c-63c5-4d13-98e4-c4395584fca6 https://www.iol.co.za/business-report/entrepreneurs/its-not-enough-to-say-young-people-must-start-businesses-6201496c-63c5-4d13-98e4-c4395584fca6 Tue, 16 Jun 2026 08:25:17 GMT Tue, 16 Jun 2026 08:25:17 GMT IOL If a large share of small businesses fail, then promoting entrepreneurship without addressing the reasons behind that failure turns Youth Month messaging into repetition rather than resolution. Entrepreneurship becomes the headline, while survival becomes the exception. https://www.iol.co.za/business-report/new-mining-cadastre-system-nears-national-rollout-as-government-prioritises-data-accuracy-7708e72d-5e8a-4ce4-890f-432f130d5c7c https://www.iol.co.za/business-report/new-mining-cadastre-system-nears-national-rollout-as-government-prioritises-data-accuracy-7708e72d-5e8a-4ce4-890f-432f130d5c7c Tue, 16 Jun 2026 08:20:01 GMT Tue, 16 Jun 2026 08:20:01 GMT IOL The Department of Mineral and Petroleum Resources announces steady progress on South Africa's mining cadastre system, emphasising the importance of accurate historical data migration for its credibility and legal integrity. https://www.iol.co.za/business-report/labour-court-rules-pick-n-pay-express-staff-at-bp-station-fall-outside-motor-industry-bargaining-council-35eb7785-f68a-45a9-b20f-3514e2df4850 https://www.iol.co.za/business-report/labour-court-rules-pick-n-pay-express-staff-at-bp-station-fall-outside-motor-industry-bargaining-council-35eb7785-f68a-45a9-b20f-3514e2df4850 Tue, 16 Jun 2026 08:19:23 GMT Tue, 16 Jun 2026 08:19:23 GMT IOL The Labour Court has ruled that employees at a Pick n Pay Express store located on a BP service station do not fall under the Motor Industry Bargaining Council's jurisdiction, highlighting the independence of the convenience store's operations. https://www.iol.co.za/personal-finance/financial-planning/the-importance-of-financial-literacy-for-south-african-youth-a963ed4d-0817-47e1-aeee-80228564dc93 https://www.iol.co.za/personal-finance/financial-planning/the-importance-of-financial-literacy-for-south-african-youth-a963ed4d-0817-47e1-aeee-80228564dc93 Mon, 15 Jun 2026 19:40:23 GMT Mon, 15 Jun 2026 19:40:23 GMT IOL Explore the critical role of financial literacy in shaping the futures of young South Africans, as industry leaders highlight the need for education in budgeting, saving, and investing to empower the next generation. https://www.iol.co.za/personal-finance/financial-planning/understanding-financial-risks-a-guide-for-young-south-africans-70d0b279-ef4a-4c3f-a8be-6df0f28ba2d7 https://www.iol.co.za/personal-finance/financial-planning/understanding-financial-risks-a-guide-for-young-south-africans-70d0b279-ef4a-4c3f-a8be-6df0f28ba2d7 Mon, 15 Jun 2026 18:57:05 GMT Mon, 15 Jun 2026 18:57:05 GMT IOL Explore the financial challenges faced by young South Africans and learn how to make informed decisions to safeguard your future. https://www.iol.co.za/personal-finance/financial-planning/youth-day-insights-the-importance-of-financial-literacy-for-south-africas-young-consumers-dd3452ea-341f-4474-8091-45734def30da https://www.iol.co.za/personal-finance/financial-planning/youth-day-insights-the-importance-of-financial-literacy-for-south-africas-young-consumers-dd3452ea-341f-4474-8091-45734def30da Mon, 15 Jun 2026 17:59:56 GMT Mon, 15 Jun 2026 17:59:56 GMT IOL On Youth Day, we explore the financial challenges faced by South Africa's youth, highlighting the importance of financial literacy and the role of registered financial planners in making informed decisions. https://www.iol.co.za/business-report/entrepreneurs/power-stability-fuels-sme-optimism-as-seasonal-trade-falls-short-survey-finds-9dd6593a-fc57-495b-86a5-238ed7055cae https://www.iol.co.za/business-report/entrepreneurs/power-stability-fuels-sme-optimism-as-seasonal-trade-falls-short-survey-finds-9dd6593a-fc57-495b-86a5-238ed7055cae Mon, 15 Jun 2026 14:55:40 GMT Mon, 15 Jun 2026 14:55:40 GMT IOL Nearly three quarters of South African SMEs say improved electricity reliability boosted their operations, while festive season trading delivered little financial relief. https://www.iol.co.za/business-report/companies/woolworths-phases-out-myschool-and-wrewards-as-mydifference-reshapes-customer-loyalty-b5f14801-bf11-4f55-812f-06e59258df6b https://www.iol.co.za/business-report/companies/woolworths-phases-out-myschool-and-wrewards-as-mydifference-reshapes-customer-loyalty-b5f14801-bf11-4f55-812f-06e59258df6b Mon, 15 Jun 2026 13:24:29 GMT Mon, 15 Jun 2026 13:24:29 GMT IOL Following the end of its long running WRewards and MySchool programmes, Woolworths is placing data driven personalisation and digital engagement at the centre of its new MyDifference loyalty platform. https://www.iol.co.za/business-report/economy/youth-month-building-the-next-generation-of-logistics-leaders-fa933b46-0bc9-46da-95b8-68508e41195f https://www.iol.co.za/business-report/economy/youth-month-building-the-next-generation-of-logistics-leaders-fa933b46-0bc9-46da-95b8-68508e41195f Mon, 15 Jun 2026 13:06:13 GMT Mon, 15 Jun 2026 13:06:13 GMT IOL As South Africa observes Youth Month, the urgent challenge of transforming potential into sustainable employment for young people takes centre stage. Businesses must commit to long-term investments in career pathways that empower the youth and drive economic growth. https://www.iol.co.za/business-report/economy/youth-day-spotlight-building-hope-and-opportunity-in-the-eastern-cape-ec30090e-e547-477b-8edd-9eb3dcffd539 https://www.iol.co.za/business-report/economy/youth-day-spotlight-building-hope-and-opportunity-in-the-eastern-cape-ec30090e-e547-477b-8edd-9eb3dcffd539 Mon, 15 Jun 2026 11:28:05 GMT Mon, 15 Jun 2026 11:28:05 GMT IOL With youth unemployment in the Eastern Cape sitting at 54%, EduSport founder Jono Kruger believes opportunity, mentorship and sport can help transform lives and restore hope. https://www.iol.co.za/business-report/brics-forum-highlights-quantum-technologys-role-in-future-energy-solutions-4511079d-23b6-40b6-927e-9d9080984e80 https://www.iol.co.za/business-report/brics-forum-highlights-quantum-technologys-role-in-future-energy-solutions-4511079d-23b6-40b6-927e-9d9080984e80 Mon, 15 Jun 2026 11:21:31 GMT Mon, 15 Jun 2026 11:21:31 GMT IOL Experts from BRICS nations convene in Moscow to discuss the pivotal role of quantum technologies in shaping future energy systems, highlighting the need for collaboration in research and industrial applications. https://www.iol.co.za/business-report/energy/sapvia-welcomes-eskom-green-launch-but-calls-for-fair-access-to-limited-grid-capacity-b7c63135-d7a8-4087-9d38-0dd505d80faf https://www.iol.co.za/business-report/energy/sapvia-welcomes-eskom-green-launch-but-calls-for-fair-access-to-limited-grid-capacity-b7c63135-d7a8-4087-9d38-0dd505d80faf Mon, 15 Jun 2026 11:07:31 GMT Mon, 15 Jun 2026 11:07:31 GMT IOL SAPVIA has welcomed the launch of Eskom Green, saying the new renewable energy business could accelerate investment and strengthen South Africa's energy security if grid access is allocated fairly. https://www.iol.co.za/business-report/energy/cutting-the-cost-of-africas-energy-transition-with-the-right-flexibility-mix-809104fd-e35f-4142-a644-dd1e8707afad https://www.iol.co.za/business-report/energy/cutting-the-cost-of-africas-energy-transition-with-the-right-flexibility-mix-809104fd-e35f-4142-a644-dd1e8707afad Mon, 15 Jun 2026 11:07:17 GMT Mon, 15 Jun 2026 11:07:17 GMT IOL The limits of storage-only thinking in balancing Africa’s renewable grids: Why a hybrid approach to flexibility will deliver better outcomes than batteries alone. https://www.iol.co.za/business-report/youth-day-at-50-what-governance-owes-the-next-generation-496011c2-6734-4feb-826e-af26616174da https://www.iol.co.za/business-report/youth-day-at-50-what-governance-owes-the-next-generation-496011c2-6734-4feb-826e-af26616174da Mon, 15 Jun 2026 09:22:09 GMT Mon, 15 Jun 2026 09:22:09 GMT IOL Fifty years after the youth of 1976 bravely protested for their rights, Youth Day calls for a critical examination of the barriers facing today's young people in South Africa. This article explores the need for accountability and institutional responsibility to ensure genuine access to opportunities. https://www.iol.co.za/business-report/fitch-upgrade-boosts-confidence-in-sa-reforms-but-growth-challenges-remain-says-ey-1d010490-71fe-48bb-b5f5-137fd6b729aa https://www.iol.co.za/business-report/fitch-upgrade-boosts-confidence-in-sa-reforms-but-growth-challenges-remain-says-ey-1d010490-71fe-48bb-b5f5-137fd6b729aa Mon, 15 Jun 2026 08:38:58 GMT Mon, 15 Jun 2026 08:38:58 GMT IOL Fitch Ratings has upgraded South Africa's credit rating for the first time in 21 years, reflecting improved fiscal discipline. However, experts warn that businesses should brace for ongoing economic challenges. https://www.iol.co.za/business-report/companies/get-metal-group-launches-new-tyre-waste-to-energy-initiative-in-aluminium-production-55648938-83a5-4df5-814e-02e2fd60330e https://www.iol.co.za/business-report/companies/get-metal-group-launches-new-tyre-waste-to-energy-initiative-in-aluminium-production-55648938-83a5-4df5-814e-02e2fd60330e Mon, 15 Jun 2026 08:24:45 GMT Mon, 15 Jun 2026 08:24:45 GMT IOL GeT Metal Group and GeT Alloys are set to revolutionise aluminium production in South Africa by launching a waste-to-energy initiative that transforms 150,000 end-of-life tyres into high-quality industrial fuel, significantly reducing reliance on fossil fuels and promoting sustainable practices. https://www.iol.co.za/personal-finance/debt/the-biggest-credit-crisis-in-south-africa-is-not-debt-its-access-01f9b0a4-f8db-41f7-a21c-51dcef0beafc https://www.iol.co.za/personal-finance/debt/the-biggest-credit-crisis-in-south-africa-is-not-debt-its-access-01f9b0a4-f8db-41f7-a21c-51dcef0beafc Mon, 15 Jun 2026 07:48:47 GMT Mon, 15 Jun 2026 07:48:47 GMT IOL Millions of South Africans are being denied access to formal credit and turning to informal lenders, prompting calls for urgent regulatory reform. https://www.iol.co.za/business-report/markets/mood-shifts-to-risk-on-as-us-iran-peace-deal-boosts-markets-f4008d46-3149-4adc-a33d-53e2eb50386b https://www.iol.co.za/business-report/markets/mood-shifts-to-risk-on-as-us-iran-peace-deal-boosts-markets-f4008d46-3149-4adc-a33d-53e2eb50386b Mon, 15 Jun 2026 07:48:23 GMT Mon, 15 Jun 2026 07:48:23 GMT IOL Discover how a groundbreaking US-Iran peace agreement has invigorated global markets, from Wall Street to Asia, and the implications for future economic stability in an ever-changing geopolitical landscape. https://www.iol.co.za/business-report/economy/cosatus-call-to-action-addressing-the-rising-costs-of-living-in-south-africa-889c2699-d470-4a77-8da6-4364099a2a76 https://www.iol.co.za/business-report/economy/cosatus-call-to-action-addressing-the-rising-costs-of-living-in-south-africa-889c2699-d470-4a77-8da6-4364099a2a76 Sun, 14 Jun 2026 10:01:06 GMT Sun, 14 Jun 2026 10:01:06 GMT IOL The working class in South Africa is under siege from soaring living costs and rising unemployment, prompting Cosatu to organise a national protest on 19 June. This protest aims to urge the government and private sector to take immediate action to alleviate the burden on workers. https://www.iol.co.za/business-report/num-condemns-petra-diamonds-moves-as-nearly-1800-mining-jobs-hang-in-the-balance-f2ab0100-dfb6-48fa-9f40-6778f605b5ce https://www.iol.co.za/business-report/num-condemns-petra-diamonds-moves-as-nearly-1800-mining-jobs-hang-in-the-balance-f2ab0100-dfb6-48fa-9f40-6778f605b5ce Sun, 14 Jun 2026 08:43:16 GMT Sun, 14 Jun 2026 08:43:16 GMT IOL The National Union of Mineworkers warns that nearly 1,800 jobs are at risk due to Petra Diamonds' decision to place its Finch Diamond Mine under business rescue and issue retrenchment notices at its Cullinan Diamond Mine, calling for urgent government intervention. https://www.iol.co.za/business-report/economy/softer-us-inflation-eases-pressure-on-south-africa-but-risks-remain-economists-say-287685df-058a-4b2b-85cd-8c9d6bf693c3 https://www.iol.co.za/business-report/economy/softer-us-inflation-eases-pressure-on-south-africa-but-risks-remain-economists-say-287685df-058a-4b2b-85cd-8c9d6bf693c3 Sun, 14 Jun 2026 08:09:57 GMT Sun, 14 Jun 2026 08:09:57 GMT IOL The recent US Consumer Price Index release shows a year-on-year inflation rate of 4.2%, raising questions about its implications for South Africa's inflation and bond market. Experts weigh in on how these developments could shape the local economic landscape https://www.iol.co.za/business-report/economy/structural-reforms-are-starting-to-lift-growth-but-implementation-remains-sas-biggest-challenge-says-ber-b4783bcb-9a08-47e2-aae4-d0508a7d8cb9 https://www.iol.co.za/business-report/economy/structural-reforms-are-starting-to-lift-growth-but-implementation-remains-sas-biggest-challenge-says-ber-b4783bcb-9a08-47e2-aae4-d0508a7d8cb9 Sun, 14 Jun 2026 08:09:51 GMT Sun, 14 Jun 2026 08:09:51 GMT IOL South Africa's economy shows signs of recovery as structural reforms yield positive GDP growth, but challenges in implementation and logistics persist. https://www.iol.co.za/business-report/markets/the-impact-of-long-term-credibility-on-south-africas-borrowing-costs-a65277b6-a698-40ef-8a01-30c598d73add https://www.iol.co.za/business-report/markets/the-impact-of-long-term-credibility-on-south-africas-borrowing-costs-a65277b6-a698-40ef-8a01-30c598d73add Sun, 14 Jun 2026 08:06:20 GMT Sun, 14 Jun 2026 08:06:20 GMT IOL Despite similar economic metrics, South Africa faces significantly higher borrowing costs than the United States. This article explores the underlying factors influencing market perceptions and the implications for both economies. https://www.iol.co.za/business-report/economy/unpacking-the-reality-of-operation-vulindlela-the-truth-behind-de-industrialisation-and-greenshoots-f3fc33c2-2a94-45bf-b2da-26f8d3c13974 https://www.iol.co.za/business-report/economy/unpacking-the-reality-of-operation-vulindlela-the-truth-behind-de-industrialisation-and-greenshoots-f3fc33c2-2a94-45bf-b2da-26f8d3c13974 Sun, 14 Jun 2026 07:53:05 GMT Sun, 14 Jun 2026 07:53:05 GMT IOL In this insightful column, we dissect the claims surrounding Operation Vulindlela and reveal the stark realities of South Africa's manufacturing sector. Discover how energy constraints and strategic privatisation are hindering economic recovery and what it means for the future. https://www.iol.co.za/business-report/companies/kap-anticipates-over-50-percent-increase-in-headline-earnings-despite-tough-markets-3db82a7c-e061-47d1-885b-91cf5d6caf5b https://www.iol.co.za/business-report/companies/kap-anticipates-over-50-percent-increase-in-headline-earnings-despite-tough-markets-3db82a7c-e061-47d1-885b-91cf5d6caf5b Sun, 14 Jun 2026 07:47:46 GMT Sun, 14 Jun 2026 07:47:46 GMT IOL " KAP Group forecasts a significant increase in headline earnings for the year ending June 2026, despite facing numerous challenges, including geopolitical tensions and subdued consumer demand. https://www.iol.co.za/personal-finance/insurance/debunking-insurance-myths-young-south-africans-still-believe-a8cccfc5-1763-4473-ae56-b2e824ef2ddc https://www.iol.co.za/personal-finance/insurance/debunking-insurance-myths-young-south-africans-still-believe-a8cccfc5-1763-4473-ae56-b2e824ef2ddc Sun, 14 Jun 2026 07:40:12 GMT Sun, 14 Jun 2026 07:40:12 GMT IOL Are you a young South African navigating the world of insurance? Discover the common myths that could leave you financially vulnerable and learn how to protect yourself effectively. https://www.iol.co.za/business-report/companies/novus-holdings-increases-stake-in-mustek-to-50-percent-amid-resilient-financial-results-9aa2c905-e45e-49e1-bf28-fd359755754d https://www.iol.co.za/business-report/companies/novus-holdings-increases-stake-in-mustek-to-50-percent-amid-resilient-financial-results-9aa2c905-e45e-49e1-bf28-fd359755754d Sun, 14 Jun 2026 06:55:48 GMT Sun, 14 Jun 2026 06:55:48 GMT IOL Novus Holdings has increased its stake in Mustek to 50.39% following a series of strategic acquisitions and has announced a mandatory offer for the remaining shares. The company's recent financial results reveal a mixed performance across its segments, with significant growth in Publishing and Distribution offsetting declines in other areas. https://www.iol.co.za/business-report/companies/vodacom-groups-r236-billion-investment-boosts-network-resilience-and-innovation-b07e46ab-8177-4db8-8629-7bace2553680 https://www.iol.co.za/business-report/companies/vodacom-groups-r236-billion-investment-boosts-network-resilience-and-innovation-b07e46ab-8177-4db8-8629-7bace2553680 Sun, 14 Jun 2026 06:51:03 GMT Sun, 14 Jun 2026 06:51:03 GMT IOL Vodacom Group has announced a significant R23.6 billion investment aimed at enhancing its mobile network resilience and expanding its services beyond traditional mobile offerings. This article explores the group's strategic initiatives in various African markets, including fibre expansion, financial services growth, and advancements in healthcare technology https://www.iol.co.za/business-report/opinion/elon-musks-spacex-ipo-a-potential-trillionaires-impact-on-global-markets-and-inflation-05ac5976-ec5a-4233-b700-c9ab6ffebcec https://www.iol.co.za/business-report/opinion/elon-musks-spacex-ipo-a-potential-trillionaires-impact-on-global-markets-and-inflation-05ac5976-ec5a-4233-b700-c9ab6ffebcec Sat, 13 Jun 2026 13:19:31 GMT Sat, 13 Jun 2026 13:19:31 GMT IOL On SpaceX Day, Elon Musk could become the world's first trillionaire, as the company launches into public markets, raising critical questions about its impact on global economies and inflation. https://www.iol.co.za/personal-finance/my-money/financial-stress-driving-productivity-losses-and-staff-turnover-warns-wealthbit-a4235fbb-ccaf-4bb1-a8d0-a0707d4d6466 https://www.iol.co.za/personal-finance/my-money/financial-stress-driving-productivity-losses-and-staff-turnover-warns-wealthbit-a4235fbb-ccaf-4bb1-a8d0-a0707d4d6466 Fri, 12 Jun 2026 13:51:41 GMT Fri, 12 Jun 2026 13:51:41 GMT IOL Four in five South African employees regularly worry about money, with experts warning that financial stress is hurting productivity and increasing staff turnover. https://www.iol.co.za/personal-finance/retirement/why-south-africa-is-becoming-a-top-destination-for-british-retirees-43004000-5762-4f1a-92e0-95a364441216 https://www.iol.co.za/personal-finance/retirement/why-south-africa-is-becoming-a-top-destination-for-british-retirees-43004000-5762-4f1a-92e0-95a364441216 Fri, 12 Jun 2026 13:41:49 GMT Fri, 12 Jun 2026 13:41:49 GMT IOL Discover why South Africa is becoming an attractive retirement destination for British nationals, and learn about the complexities of cross-border retirement planning that can impact your financial future. https://www.iol.co.za/business-report/economy/south-africa-loses-r15bn-in-lamb-exports-as-key-middle-east-markets-remain-blocked-667b0a30-7663-441e-a8ae-d9f60fce8d12 https://www.iol.co.za/business-report/economy/south-africa-loses-r15bn-in-lamb-exports-as-key-middle-east-markets-remain-blocked-667b0a30-7663-441e-a8ae-d9f60fce8d12 Fri, 12 Jun 2026 13:13:39 GMT Fri, 12 Jun 2026 13:13:39 GMT IOL The local meat industry has potentially lost R1.5 billion in lamb exports to Qatar over the past two years, highlighting the urgent need to improve export systems and market access processes. https://www.iol.co.za/business-report/international/spacex-ipo-propels-elon-musk-into-trillionaire-territory-548d851d-54da-4fe8-9079-86bf3da20098 https://www.iol.co.za/business-report/international/spacex-ipo-propels-elon-musk-into-trillionaire-territory-548d851d-54da-4fe8-9079-86bf3da20098 Fri, 12 Jun 2026 12:11:28 GMT Fri, 12 Jun 2026 12:11:28 GMT IOL Elon Musk has become the first person in history to achieve a net worth exceeding $1 trillion after SpaceX completed the largest initial public offering ever seen on global markets. https://www.iol.co.za/business-report/economy/youth-month-south-africa-urged-to-attract-young-engineers-to-fix-infrastructure-crisis-f53716f8-9588-4f5f-b781-66f9a7354ccd https://www.iol.co.za/business-report/economy/youth-month-south-africa-urged-to-attract-young-engineers-to-fix-infrastructure-crisis-f53716f8-9588-4f5f-b781-66f9a7354ccd Fri, 12 Jun 2026 10:35:48 GMT Fri, 12 Jun 2026 10:35:48 GMT IOL As South Africa marks Youth Month, industry leaders are calling for urgent action to attract more young engineers into municipal roles, warning that infrastructure development and service delivery depend on a stronger pipeline of technical talent. https://www.iol.co.za/business-report/opinion/the-lift-off-impact-of-spacexs-ipo-on-global-markets-and-inflation-5ce3e6f8-d818-4c0e-974b-da0fe756be1d https://www.iol.co.za/business-report/opinion/the-lift-off-impact-of-spacexs-ipo-on-global-markets-and-inflation-5ce3e6f8-d818-4c0e-974b-da0fe756be1d Fri, 12 Jun 2026 08:25:42 GMT Fri, 12 Jun 2026 08:25:42 GMT IOL On SpaceX Day, Elon Musk stands on the brink of becoming the world's first trillionaire as the company makes waves in the public markets. This article explores the implications of SpaceX's IPO, market reactions, and the challenges posed by global economic factors. https://www.iol.co.za/business-report/international/spacex-ipo-set-for-liftoff-in-record-market-debut-5638c6c7-412b-4e26-bbdc-3b12b6d53556 https://www.iol.co.za/business-report/international/spacex-ipo-set-for-liftoff-in-record-market-debut-5638c6c7-412b-4e26-bbdc-3b12b6d53556 Fri, 12 Jun 2026 08:00:21 GMT Fri, 12 Jun 2026 08:00:21 GMT IOL Co-founded by Musk in 2002, the rocket startup has since expanded into a major satellite operator and has also folded in Musk's AI company -- xAI -- which includes the social media platform X (formerly Twitter). https://www.iol.co.za/business-report/sa-productive-sectors-send-mixed-signals-with-divergent-manufacturing-and-mining-activity-0cef8fb9-8542-4079-b28e-b4ef3ee5fba6 https://www.iol.co.za/business-report/sa-productive-sectors-send-mixed-signals-with-divergent-manufacturing-and-mining-activity-0cef8fb9-8542-4079-b28e-b4ef3ee5fba6 Fri, 12 Jun 2026 05:54:30 GMT Fri, 12 Jun 2026 05:54:30 GMT IOL South Africa's productive sectors show a mixed performance as mining rebounds with significant growth, while manufacturing faces renewed challenges. This article explores the latest statistics and insights from Stats SA, highlighting the contrasting trends within the economy. https://www.iol.co.za/business-report/world-bank-warns-middle-east-conflict-threatens-africas-growth-amid-inflation-pressures-86037b8f-4ba2-4197-adc4-65995c4d9079 https://www.iol.co.za/business-report/world-bank-warns-middle-east-conflict-threatens-africas-growth-amid-inflation-pressures-86037b8f-4ba2-4197-adc4-65995c4d9079 Thu, 11 Jun 2026 14:03:53 GMT Thu, 11 Jun 2026 14:03:53 GMT IOL Sub-Saharan Africa's economic growth is projected to slow in 2026 due to the fallout from the escalating conflict in the Middle East, according to the World Bank. Rising oil prices and inflation pose significant challenges for the region, which is already grappling with high import costs and debt burdens. https://www.iol.co.za/personal-finance/tax/the-r38-million-tax-lesson-sars-will-not-let-you-move-yesterdays-mistake-into-todays-return-bf4f1459-3d4a-48fb-9bcc-2e36689c1b62 https://www.iol.co.za/personal-finance/tax/the-r38-million-tax-lesson-sars-will-not-let-you-move-yesterdays-mistake-into-todays-return-bf4f1459-3d4a-48fb-9bcc-2e36689c1b62 Thu, 11 Jun 2026 13:46:19 GMT Thu, 11 Jun 2026 13:46:19 GMT IOL A recent Tax Court judgment has reinforced a critical lesson for taxpayers and businesses: missed deadlines cannot simply be corrected through future tax returns. https://www.iol.co.za/business-report/markets/middle-east-tensions-and-strait-of-hormuz-disruptions-push-oil-price-forecasts-higher-72ace5b8-2273-44dd-8dbc-bb6a3b04a088 https://www.iol.co.za/business-report/markets/middle-east-tensions-and-strait-of-hormuz-disruptions-push-oil-price-forecasts-higher-72ace5b8-2273-44dd-8dbc-bb6a3b04a088 Thu, 11 Jun 2026 13:24:32 GMT Thu, 11 Jun 2026 13:24:32 GMT IOL Oil analysts have raised their forecasts significantly as tensions in the Middle East threaten global crude supplies, while investors grapple with rising inflation risks and renewed market volatility. https://www.iol.co.za/business-report/careers/atlantis-truck-driver-breaks-barriers-in-south-africas-logistics-industry-47499b4a-b44a-4cb4-976b-486ad75b0309 https://www.iol.co.za/business-report/careers/atlantis-truck-driver-breaks-barriers-in-south-africas-logistics-industry-47499b4a-b44a-4cb4-976b-486ad75b0309 Thu, 11 Jun 2026 12:31:03 GMT Thu, 11 Jun 2026 12:31:03 GMT IOL At just 26, Ru Kellen Williams is navigating some of South Africa's largest trucks while inspiring more women to enter the logistics industry. https://www.iol.co.za/business-report/economy/gdp-rises-in-south-africa-but-consumer-weaknesses-pose-risks-ahead-29e4649c-4084-46f3-93f2-152b9767b2e2 https://www.iol.co.za/business-report/economy/gdp-rises-in-south-africa-but-consumer-weaknesses-pose-risks-ahead-29e4649c-4084-46f3-93f2-152b9767b2e2 Thu, 11 Jun 2026 11:44:35 GMT Thu, 11 Jun 2026 11:44:35 GMT IOL South Africa's GDP rose by 0.5% in Q1 2026, signalling hope amidst economic challenges, yet experts caution about underlying consumer weaknesses and geopolitical tensions threatening future growth. https://www.iol.co.za/business-report/economy/architecting-our-future-why-true-freedom-requires-sovereign-innovation-ad4bf04b-4faf-45fe-9b60-5935170d0bdb https://www.iol.co.za/business-report/economy/architecting-our-future-why-true-freedom-requires-sovereign-innovation-ad4bf04b-4faf-45fe-9b60-5935170d0bdb Thu, 11 Jun 2026 10:55:40 GMT Thu, 11 Jun 2026 10:55:40 GMT IOL On Youth Day, South Africa reflects on the legacy of young activists and the urgent need for innovative solutions to empower today's youth in a challenging economic landscape. https://www.iol.co.za/personal-finance/financial-planning/interest-rate-hikes-and-inflation-push-debt-counselling-into-focus-for-struggling-households-7f0bf6d9-5d5d-4de6-a099-e8db94980565 https://www.iol.co.za/personal-finance/financial-planning/interest-rate-hikes-and-inflation-push-debt-counselling-into-focus-for-struggling-households-7f0bf6d9-5d5d-4de6-a099-e8db94980565 Wed, 10 Jun 2026 12:45:45 GMT Wed, 10 Jun 2026 12:45:45 GMT IOL The National Debt Counselling Association says debt counselling remains one of the most effective ways for over indebted consumers to protect their assets and regain financial stability. https://www.iol.co.za/personal-finance/financial-planning/up-to-70-of-south-africans-die-without-a-valid-will-leaving-families-exposed-to-financial-hardship-54368079-f828-479c-9ad6-6a961df2ab0e https://www.iol.co.za/personal-finance/financial-planning/up-to-70-of-south-africans-die-without-a-valid-will-leaving-families-exposed-to-financial-hardship-54368079-f828-479c-9ad6-6a961df2ab0e Wed, 10 Jun 2026 12:45:24 GMT Wed, 10 Jun 2026 12:45:24 GMT IOL Experts warn that failing to draft a Will can leave families facing months of uncertainty and significant financial strain after a loved one's death. https://www.iol.co.za/personal-finance/financial-planning/why-the-first-90-days-after-resignation-or-retrenchment-matter-most-8792d67e-2da8-4c59-a6ce-e3caad0718ac https://www.iol.co.za/personal-finance/financial-planning/why-the-first-90-days-after-resignation-or-retrenchment-matter-most-8792d67e-2da8-4c59-a6ce-e3caad0718ac Wed, 10 Jun 2026 12:20:29 GMT Wed, 10 Jun 2026 12:20:29 GMT IOL Facing a sudden career change? Discover why the first 90 days after resignation or retrenchment are crucial for your financial future and learn key strategies to secure your long-term financial health. https://www.iol.co.za/personal-finance/guides/youth-month-10-proven-ways-young-south-africans-can-earn-money-online-in-2026-2977963b-3c52-430e-b2d3-83d087ad52c8 https://www.iol.co.za/personal-finance/guides/youth-month-10-proven-ways-young-south-africans-can-earn-money-online-in-2026-2977963b-3c52-430e-b2d3-83d087ad52c8 Wed, 10 Jun 2026 12:06:55 GMT Wed, 10 Jun 2026 12:06:55 GMT IOL From freelance writing and coding to content creation and affiliate marketing, the digital economy is creating new income opportunities for young people. https://www.iol.co.za/personal-finance/insurance/the-hidden-costs-of-healthcare-five-myths-that-could-hurt-your-finances-bbe1eb05-82ff-4c46-a6cc-6e9d5a8461e5 https://www.iol.co.za/personal-finance/insurance/the-hidden-costs-of-healthcare-five-myths-that-could-hurt-your-finances-bbe1eb05-82ff-4c46-a6cc-6e9d5a8461e5 Wed, 10 Jun 2026 12:06:01 GMT Wed, 10 Jun 2026 12:06:01 GMT IOL Think your medical aid covers all your healthcare costs? Think again! Discover the five myths that could leave you financially vulnerable. https://www.iol.co.za/personal-finance/financial-planning/the-first-paycheque-trap-how-to-outsmart-lifestyle-creep-and-build-real-wealth-f8b69d0a-5d99-4acc-ae38-806ce09c6174 https://www.iol.co.za/personal-finance/financial-planning/the-first-paycheque-trap-how-to-outsmart-lifestyle-creep-and-build-real-wealth-f8b69d0a-5d99-4acc-ae38-806ce09c6174 Wed, 10 Jun 2026 12:04:54 GMT Wed, 10 Jun 2026 12:04:54 GMT IOL Discover how to make the most of your first paycheque and avoid the pitfalls of lifestyle creep. Learn practical strategies to secure your financial future and build real wealth from day one. https://www.iol.co.za/personal-finance/retirement/retirement-planning-common-money-mistakes-that-affect-long-term-financial-security-a9206d62-d464-4d9d-9663-a784a40f1cfc https://www.iol.co.za/personal-finance/retirement/retirement-planning-common-money-mistakes-that-affect-long-term-financial-security-a9206d62-d464-4d9d-9663-a784a40f1cfc Wed, 10 Jun 2026 12:03:53 GMT Wed, 10 Jun 2026 12:03:53 GMT IOL Did you know that only 6% of people in a room of 17 are likely to retire comfortably? Discover the key financial decisions that can make or break your retirement plan. https://www.iol.co.za/personal-finance/guides/the-rise-of-gambling-in-south-africa-financial-strain-driving-consumers-to-bet-fb4b3b52-18f2-48a8-a8c5-6fe8528b4f0d https://www.iol.co.za/personal-finance/guides/the-rise-of-gambling-in-south-africa-financial-strain-driving-consumers-to-bet-fb4b3b52-18f2-48a8-a8c5-6fe8528b4f0d Wed, 10 Jun 2026 12:02:24 GMT Wed, 10 Jun 2026 12:02:24 GMT IOL With South Africa's gambling industry seeing record revenues, experts warn that financial strain is pushing consumers to prioritise betting over essentials. This article explores the implications of this trend and offers advice for responsible gambling https://www.iol.co.za/personal-finance/investments/why-financially-savvy-south-africans-are-delaying-investment-decisions-e653da32-e73d-4f51-948b-39178e4520bc https://www.iol.co.za/personal-finance/investments/why-financially-savvy-south-africans-are-delaying-investment-decisions-e653da32-e73d-4f51-948b-39178e4520bc Wed, 10 Jun 2026 12:01:22 GMT Wed, 10 Jun 2026 12:01:22 GMT IOL Financial experts warn that information overload and economic uncertainty are causing many South Africans to delay investing, potentially harming their long term wealth prospects. https://www.iol.co.za/personal-finance/my-money/when-the-contract-ends-and-the-bills-dont-e9776916-7868-400e-b5e2-bbb3c6af9df7 https://www.iol.co.za/personal-finance/my-money/when-the-contract-ends-and-the-bills-dont-e9776916-7868-400e-b5e2-bbb3c6af9df7 Wed, 10 Jun 2026 12:00:26 GMT Wed, 10 Jun 2026 12:00:26 GMT IOL One freelancer lost about three-quarters of his income overnight. Here is what he did and what the experts say about it.