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South African Finance News

Practical coverage of inflation, interest rates, fuel prices, budgeting, banking, savings and investing for everyday South Africans.

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Latest finance articles

Showing latest finance articles - page 10

South Africa to Regulate Growing Borehole Use Amid Water Shortages

Moneyweb · 2026/05/02

South Africa is facing serious water shortages due to ongoing droughts and climate change. To cope with this, many people and businesses are turning to boreholes to access underground water. Boreholes…

OnABudget takeaway: For households and small businesses, boreholes can be a good backup water source but expect new permits and regulations. Plan for possible additional costs and ensure legal compliance to avoid fines.

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Why Banks Fear Anthropic’s New AI Model’s Cyber Risks

Moneyweb · 2026/05/02

Anthropic, an AI company, recently launched a new AI model called "Mythos." This model has highlighted serious weaknesses in the security systems of many banks around the world. These banks use older …

OnABudget takeaway: Consumers and small businesses should be aware that bank systems may be vulnerable to new cyber threats, making it important to monitor account activity closely. For investors, banks investing in stronger cybersecurity may be safer choices in the future.

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Cape Town to Introduce Electric Minibus Taxis Soon

Moneyweb · 2026/05/01

Cape Town is preparing to introduce electric minibus taxis, signaling a major change in the city's public transport. These electric taxis aim to reduce pollution and fuel costs compared to traditional…

OnABudget takeaway: Electric taxis can help consumers save on fuel costs while improving air quality, but initial investment and infrastructure development are key hurdles. Small business taxi owners should prepare for changes in vehicle maintenance and operations.

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Why Budget Travelers Are Choosing Neighborhood Casinos Over Las Vegas Strip

Moneyweb · 2026/05/01

The famous Las Vegas Strip is becoming quieter as tourists avoid it due to high costs. Many visitors find the prices for hotels, food, and entertainment along the Strip too expensive, so they are choo…

OnABudget takeaway: For visitors, exploring neighborhood casinos is a smart way to enjoy Las Vegas entertainment without breaking the bank. Small business owners in these areas may see more opportunities as tourists look for affordable options.

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UK Graduates Choose Master’s Degrees to Combat Job Market Challenges

Moneyweb · 2026/05/01

In the UK, many graduates are choosing to study for master’s degrees as a way to cope with the current job market problems. With rising unemployment and worries about how artificial intelligence (AI) …

OnABudget takeaway: For South Africans, this means considering additional education carefully before investing, especially with AI and job market changes affecting many sectors. Small businesses may also see shifts in available talent and should focus on training practical skills to keep up.

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Joburg Woman Faces Bankruptcy Over Massive R2.9 Million Water Bill

Moneyweb · 2026/05/01

A Johannesburg mother is facing bankruptcy after receiving an enormous water bill of R2.9 million. The city claims that she must first pay half of the bill before any dispute resolution can begin. How…

OnABudget takeaway: Consumers should regularly check their water bills for accuracy and understand their city's dispute process to avoid unexpected large charges. Small business owners must keep detailed records of utilities to prevent financial strain from sudden, high bills.

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How Personalized Investment Platforms Help South Africans Invest Smarter

Moneyweb · 2026/04/30

Investment platforms are becoming more tailored to individual needs, offering personal insights to help people make better financial decisions. Michael Summerton, Head of Platform Propositions at INN8…

OnABudget takeaway: Personalized investment platforms help everyday South Africans make smarter and more confident financial choices, whether saving for retirement or other goals. This tech-driven approach simplifies investing, ideal for those managing budgets or running small businesses.

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Kasi Gas: Bringing Affordable Green Energy to Rural South Africa

Moneyweb · 2026/04/30

Thabo Mngomezulu, CEO of Kasi Gas, is focusing on creating a greener future for rural communities in South Africa by expanding access to clean energy. Kasi Gas aims to provide affordable and sustainab…

OnABudget takeaway: Consumers and small businesses in rural areas can save money and improve their health by switching to cleaner energy, while investors might see growth opportunities in expanding green projects like Kasi Gas.

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South Africa’s New Crypto Rules Raise Concerns for Investors

Moneyweb · 2026/04/30

The South African government is introducing new rules for cryptocurrencies, which has caused worry among investors and businesses involved in digital currencies. These regulations aim to make crypto t…

OnABudget takeaway: The new crypto rules mean consumers and small businesses need to be careful and informed before trading, as compliance could add costs. Investors should watch these changes closely as they may affect the growth opportunities in South Africa’s crypto market.

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South Africa Sets 4 November for Local Government Elections

Moneyweb · 2026/04/30

South African President Cyril Ramaphosa has officially announced that local government elections will be held on 4 November. Although the specific date still needs to be officially published in the go…

OnABudget takeaway: Knowing the election date helps consumers and small business owners anticipate potential changes in local service delivery and opportunities for community development. It’s also a chance for investors to watch how political shifts might impact local markets and infrastructure projects.

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Botswana Leads Africa with Interest Rate Hike Amid Inflation

Moneyweb · 2026/04/30

Botswana has become the first African country to raise interest rates since the start of the Ukraine war, in response to rising inflation. The central bank's decision aims to control inflation, which …

OnABudget takeaway: Consumers should prepare for more expensive loans as interest rates rise, while small businesses may face higher borrowing costs. Managing spending and seeking fixed-rate loans now might help handle these changes better.

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Postbank moves services from Post Office to new digital channels

Moneyweb · 2026/04/30

Postbank has decided to stop offering its services through the South African Post Office after choosing not to renew their service level agreement. Instead, Postbank will focus on using new digital an…

OnABudget takeaway: For everyday South Africans, this change means it's important to get familiar with digital banking tools to keep accessing your money easily. Small business owners might find faster transactions through the new channels but should also prepare for the shift away from physical Post Office services.

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Brent Oil Price Rises to $123 as US Keeps Rates Unchanged

Moneyweb · 2026/04/30

The price of Brent crude oil has jumped to $123 per barrel. This increase comes despite the US Federal Reserve deciding to hold interest rates steady. The rise in oil prices can affect fuel and transp…

OnABudget takeaway: Higher oil prices mean increased fuel costs, which can make everyday goods and transport more expensive for consumers and small businesses. Planning ahead and budgeting for these increases will be essential.

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South Africa Faces Major Municipal Wastewater Crisis Impacting Growth

Moneyweb · 2026/04/30

South Africa is facing a serious problem with its municipal wastewater systems, which are starting to fail across many areas. This issue is no longer minor; it is now affecting the country’s ability t…

OnABudget takeaway: For consumers and small business owners, this means that environmental and infrastructure challenges could lead to higher costs or service disruptions. It’s important to stay informed and support efforts for better investment in local infrastructure to protect long-term growth and quality of life.

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How Investors Can Cut Capital Gains Tax Amid Market Growth

Moneyweb · 2026/04/30

Capital gains tax (CGT) is a tax you pay on the profit made when you sell an investment like shares or property. With the South African market enjoying strong growth recently, many investors have made…

OnABudget takeaway: By understanding how capital gains tax works and timing their sales carefully, investors can save money on taxes and make smarter financial decisions. This is especially helpful for small investors looking to keep more of their earnings when markets rise.

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US Pentagon Reports $25bn Spent on Iran War So Far

Moneyweb · 2026/04/29

The United States Department of Defense reveals that it has spent approximately $25 billion on the war against Iran so far. However, experts believe this number might be lower than the actual total co…

OnABudget takeaway: For South Africans, rising global military spending like this can impact fuel prices and currency strength, which affect everyday costs. Investors should watch how such conflicts influence international markets and business stability.

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Calls Grow for Action on State Late Payments Affecting Small Businesses

Moneyweb · 2026/04/29

John Dludlu, CEO of the Small Business Institute, is calling for stricter enforcement of a directive addressing late payments by the South African government. He emphasizes that when the state delays …

OnABudget takeaway: Late payments from the government hurt small businesses that keep our economy running. Faster payments mean these businesses can manage their finances better, pay their workers on time, and keep prices stable for consumers.

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How Finance Skills Boosted an Entrepreneur’s Success in SA

Moneyweb · 2026/04/29

Annatjie van Rooyen, CEO of Regenesys Investment Fund, shares her inspiring journey into stockbroking and entrepreneurship. Starting her career in finance helped Annatjie build a strong foundation for…

OnABudget takeaway: Learning about finance can help you make better investment choices and build a successful business. For small business owners and investors, financial knowledge is a powerful tool to grow wealth and stability.

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IDC and Club Med Deal: Risks of Business Connections

Moneyweb · 2026/04/29

The article discusses the challenges faced by the Industrial Development Corporation (IDC) in South Africa, particularly in relation to its funding decisions and partnerships like the Club Med deal. I…

OnABudget takeaway: For everyday consumers and small business owners, this means government funding bodies like the IDC need to be more transparent and careful with their partnerships to protect public money. Investors should watch how these associations can affect business stability and public trust.

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Zimbabwean Consulate Supports Families Displaced by SA Xenophobic Violence

Moneyweb · 2026/04/29

Recently, anti-immigrant protests have spread across South Africa, including the Eastern Cape. These protests have led to violence, causing many immigrants, especially Zimbabwean families, to be displ…

OnABudget takeaway: For everyone, this unrest means uncertainty and disruption in local communities that can impact small businesses and daily life. Immigrant families facing hardship might struggle financially, so it’s important to support safe and fair environments to ensure economic stability for all residents.

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