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Late payment crisis detrimental to SMEs, Business Partners says March 11, 2026
The National Treasury’s latest payment data shows a worsening late payment crisis across national and provincial government departments, raising concerns about the sustainability of current payment terms for South African small and medium-sized enterprises (SMEs), SME business loan provider Business Partners warns. At the end of the second quarter of 2025, 95 399 invoices older […]
DMPR assures public of no immediate risk of fuel shortages March 11, 2026
The Department of Mineral and Petroleum Resources (DMPR) says there is no immediate risk of fuel shortages in South Africa. The DMPR says it is in continuous contact with oil companies operating in the country to ensure the stability and security of fuel supply and is closely monitoring developments in the Middle East and their […]
Questions linger on the sustainability of continued GDP growth March 10, 2026
South Africa’s economy grew by 1.1% in 2025, with GDP having expanded by 0.4% in the fourth quarter. The fourth quarter marked the fifth consecutive quarter of economic growth for the country, which acting government spokesperson Nomonde Mnukwa says signals continued resilience in the economy despite a challenging global environment.