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South Africa's policy rate on hold as Iran war seen pushing up inflation March 26, 2026
South Africa's central bank kept its key interest rate unchanged at 6.75% in a unanimous decision announced on Thursday. The majority of economists polled by Reuters had expected no change in the repo rate, as the US-Israel war against Iran is expected to spur price pressures in Africa's biggest economy.
New freight forwarding and logistics body to look after industry’s ‘ground-level interests’ March 26, 2026
The founders of the newly minted South African Freight and Logistics Association (SAFLA) say the industry body will represent the “ground-level interests” of freight forwarders and logistics operators across the country. They say the foundation of the association will be “data-driven advocacy and operational relevance”, with SAFLA entering the arena “with a clear mandate to […]
Cape Town launches R300m project to revamp Strandfontein Pavilion March 26, 2026
Cape Town Mayor Geordin Hill-Lewis has launched the city’s multiyear, R300-million redevelopment of Strandfontein Pavilion on the False Bay coast. The recreational site, originally constructed in the 1980s, is built around what city officials say is the southern hemisphere’s largest tidal pool.