Business Report

Chief executives of South Africa’s platinum group metals (PGM) miners say prices need to climb to around $2,000–$2,500 per ounce before the sector can justify major new investments, including greenfield projects and expanded processing capacity. businessreport.co.za/2026-03-20-pgm…

As global oil prices surge due to ongoing conflict in the Middle East and the weakening rand, South African consumers brace for an unprecedented fuel price hike starting in April. businessreport.co.za/economy/2026-0…

The Foschini Group’s share price increased by a sturdy 2,23% on Friday after it reported an improvement in sales in the last three months of its financial year, despite a tough trading environment in all three of its key markets. businessreport.co.za/companies/2026…

A new Bureau for Economic Research (BER) study indicates that there are five countries that the South African Government of National Unity can learn from in implementing reform to promote economic growth. Economists have welcomed the findings. businessreport.co.za/economy/2026-0…

Concerns are mounting in the market that South Africa could face fuel shortages and even rationing in the coming months, as the ongoing conflict in the Middle East continues to disrupt global oil supply chains and drive prices sharply higher. businessreport.co.za/2026-03-19-fea…

The 2026 Grain SA Congress held recently warned of a widening gap between the cost of production and the returns producers receive. businessreport.co.za/economy/2026-0…

The Afrimat Construction Index (ACI) increased for a second consecutive quarter in the last three months of 2025, the first time this has happened since the brief recession of 2020, indicating improving activity levels in the sector. businessreport.co.za/companies/2026…

The Localisation Support Fund (LSF) has released a comprehensive feasibility study that addressed the need for battery cell manufacturing and for the establishment of a gigafactory of between 5 and 10 GWh annual capacity in South Africa. businessreport.co.za/economy/2026-0…

Sentiment is thawing among SA fund managers that the Sarb will cut the repo rate at its next meeting next week as jitters over geopolitical tensions stemming from the US and Israel war on Iran entrench, with the 12 month rand forecast weakening. businessreport.co.za/2026-03-19-rat…

SA’s mining industry has warned that policy uncertainties, rising costs and infrastructure constraints continue to threaten investment and growth, signaling a willingness to work constructively with government on reforms and easing industry hold-backs. businessreport.co.za/2026-03-19-min…

Momentum Group has been awarded a tender for the administration of the Bonitas Medical Fund, positioning the financial services group as the second-largest medical scheme administrator in the country, Momentum's CEO Jeanette Marais said. businessreport.co.za/companies/2026…

The South African rand is feeling the strain following a turbulent day on international markets, spurred by significant upheaval in oil prices and a slew of concerning economic indicators. businessreport.co.za/economy/2026-0…

Yesterday, prices for oil climbed sharply, soaring over 7%, after strikes targeted an Iranian gas field and other energy infrastructures. businessreport.co.za/markets/2026-0…

South Africa’s inflation rate eased further in February, offering continued relief to consumers and reinforcing expectations of a stable interest rate environment, at least in the near term. businessreport.co.za/2026-03-18-inf…

In a significant boost for grassroots entrepreneurship, nine township-based businesses in Gauteng have received much-needed equipment and business development support as part of the Tiger Brands’ Kokota Growth Programme. businessreport.co.za/entrepreneurs/…

SA launched an ambitious reform programme aimed at restoring the financial and operational health of its struggling metropolitan municipalities, with the goal of improving basic services and unlocking more than R100 billion in infrastructure investment. businessreport.co.za/2026-03-19-tre…

South Africa’s economy showed early signs of resilience in February, but escalating geopolitical tensions in the Middle East now threaten to derail that momentum, with surging oil prices and a weakening rand raising fears of a severe economic shock. businessreport.co.za/economy/2026-0…

Prasa has recorded a notable improvement in its audit outcome, but the milestone is being eclipsed by entrenched financial mismanagement, including R19 billion in irregular and fruitless expenditure, according to the Auditor-General. businessreport.co.za/2026-03-18-pra…

Hisense South Africa has reaffirmed its commitment to local production and manufacturing at the Buy Local Summit & Expo, which took place at the Sandton Convention Centre in Johannesburg this week. businessreport.co.za/companies/2026…

BHP Group said Wednesday that Brandon Craig will succeed Mike Henry as BHP CEO on July 1, 2026. businessreport.co.za/companies/2026…