Survival on credit: South Africans turn to debt for daily essentials
South Africans are increasingly caught in a precarious financial trap, as the escalating cost-of-living crisis forces households to rely on credit for survival.
South Africans are increasingly caught in a precarious financial trap, as the escalating cost-of-living crisis forces households to rely on credit for survival.
Image: Eskom Eskom raised its salary increase proposal to 6%, up from an initial 5.5%. Both NUM and Numsa rejected the offer, maintaining demands for a 12% rise. The dispute follows Eskom's first annual profit in eight years and a halt to national blackouts. South Africa’s state-owned power utility, Eskom, has hit a deadlock in salary negotiations after major trade unions rejected its latest pay proposal. Despite the utility’s recent […]
Kaya Biz with Gugulethu Mfuphi spoke to Tax expert Mandilakhe Nontenja, who is urging South Africans to move beyond the "cash in hand" mindset.
For many township entrepreneurs, a liquor licence is more than a piece of paper; it is a lifeline for a family business.
The South African automotive landscape witnessed a historic shift this January as Chery Group officially ascended to the third-place spot in national vehicle sales.
Cost-of-living relief, water security and jobs top the list as citizens demand answers, not slogans President Cyril Ramaphosa/ The Presidency (Facebook) As President Cyril Ramaphosa prepares to deliver his 2026 State of the Nation Address (SONA), expectations are high as South Africans look for concrete solutions to the country’s most pressing challenges. The President is expected to address issues that affect citizens across all aspects of life. These include socio-economic […]
While February 14th usually focuses on romance, financial experts are warning South Africans that ignoring "the money talk" can lead to long-term heartbreak.
South African households and businesses are bracing for a fresh wave of financial pressure following a sudden U-turn by the National Energy Regulator of South Africa (NERSA).
The South African film and television industry is facing a crisis. This is due to continued funding losses, while a malfunctioning Treasury rebate system has left producers struggling to finance projects.