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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 14

Capitec, Clicks Results and Major Miner Updates This Week

Moneyweb · 2026/04/19

This week, important results from major South African companies will be released. Capitec and Clicks, two large businesses in banking and retail, will share their financial results. These updates show…

OnABudget takeaway: For consumers, investors, and small business owners, these results offer clues about the economy's direction. Watching Capitec and Clicks shows how retail and banking sectors perform. Mining updates help investors understand commodity market trends and plan better.

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Thyspunt Chosen for New Nuclear Power Plant in Eastern Cape

Moneyweb · 2026/04/19

Eskom is considering building a new nuclear power plant in the Eastern Cape to help meet South Africa’s growing energy needs. A draft environmental report has identified the coastal site of Thyspunt a…

OnABudget takeaway: For consumers and small business owners, the new nuclear plant could mean more reliable electricity and fewer power cuts in the future. Investors should watch for project progress, as it could signal growth opportunities in South Africa’s energy sector.

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LIV Golf’s Future Uncertain as Saudis Push for Profitability

Moneyweb · 2026/04/19

LIV Golf, a new golf league funded by the Saudi Public Investment Fund, launched in 2022 with big ambitions to rival the established PGA Tour. However, the league has faced financial difficulties, cos…

OnABudget takeaway: Consumers and investors should watch how LIV Golf adapts to focus on profits, as it might affect ticket prices, sponsorship deals, and investment opportunities in South African and global sports businesses.

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Iran Closes Key Strait of Hormuz, Impacting Global Oil Shipping

Moneyweb · 2026/04/19

Tensions in the Strait of Hormuz, a key global shipping route, have escalated with Iran announcing a closure of the waterway. This sudden move caused confusion and panic among ships in the area, leadi…

OnABudget takeaway: For South Africans, instability in the Strait of Hormuz could lead to higher fuel prices locally since South Africa relies on oil imports. Small businesses and consumers may feel the pinch if costs rise, so it's important to stay informed and consider budgeting for potential price hikes.

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Addressing South Africa's Hospitality Skills Shortage

Moneyweb · 2026/04/19

South Africa's hospitality industry is facing a talent crisis, not because there are no job seekers, but because there aren't enough people with the right skills. Many businesses are struggling to fin…

OnABudget takeaway: For consumers, better-trained hospitality workers mean improved service quality. Job seekers and small business owners should focus on developing relevant skills to stay competitive in this changing market.

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Understanding Gold’s Value Beyond Cash Flow Investments

Moneyweb · 2026/04/19

Gold remains a valuable asset because its worth is not tied to regular income or cash flows like stocks or bonds. Instead, its price depends entirely on what buyers and investors are willing to pay at…

OnABudget takeaway: For consumers and small investors, understanding that gold’s value depends on market demand means its price can rise or fall without warning. It’s important to see gold as a long-term wealth protection tool rather than a quick profit opportunity.

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How true investment insight beats popular market stories

Moneyweb · 2026/04/19

Many investors in South Africa and around the world often follow popular market stories or slogans when making investment choices. These narratives can shape decisions but sometimes lead to misunderst…

OnABudget takeaway: For everyday investors and small business owners, it’s important to dig deeper than popular market stories before investing. Careful research can protect your money from risky decisions based on hype.

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How South Africans Get Better Financial Advice with Apps

Moneyweb · 2026/04/19

South Africans are looking for financial services that are as easy to use as their favorite apps. They want advice that is clear, helpful, and fits all parts of their financial life. This means combin…

OnABudget takeaway: For South Africans, this means easier access to trusted money advice combined with handy apps, helping you make smarter financial choices. Small businesses and investors can also benefit from tools that offer personalized insights without complex steps.

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Wall Street Banks Cut Jobs but Report Record Profits

Moneyweb · 2026/04/18

Major Wall Street banks have cut around 5,000 jobs recently, despite achieving record profits. These banks are focusing on improving efficiency by using automation and technology, which means fewer st…

OnABudget takeaway: For workers, this means being prepared for more automation and possibly needing to update skills. For investors, it signals that banks are boosting profits through technology, which could affect where they put their money.

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Durban Clean-Up in CBD Sparks Concerns Over Immigrant Treatment

Moneyweb · 2026/04/18

A recent clean-up campaign in Durban's Central Business District (CBD) has turned into a controversial effort targeting immigrants. Originally intended to improve the area, the campaign has been criti…

OnABudget takeaway: Consumers should be aware that disrupting communities can affect local businesses and the availability of goods and services. Small business owners, including immigrant entrepreneurs, need protection under the law to operate fairly and help the economy.

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Emirates and Wesgro Team Up to Grow Western Cape Tourism

Moneyweb · 2026/04/18

Emirates, a leading global airline, has partnered with Wesgro, the official tourism and trade promotion agency for the Western Cape, to boost tourism in the region. This agreement focuses on increasin…

OnABudget takeaway: More flights and tourists mean better business for local shops and affordable travel options for South Africans looking to explore or invest. Small businesses could see more customers and increased opportunity.

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RSG Geldsake: Key South African Finance Insights from Moneyweb

Moneyweb · 2026/04/17

On RSG Geldsake's Moneyweb segment on 17 April 2026, financial expert Tinus de Jager shared insights on South Africa's current business and finance environment. The discussion focused on the challenge…

OnABudget takeaway: This update helps consumers and small business owners stay aware of economic trends and make better financial decisions by budgeting smartly and keeping an eye on market changes.

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How Procurement Helps Businesses Manage Supply Chain Disruptions

Moneyweb · 2026/04/17

Cheryl Greyling, a senior manager at the Chartered Institute of Procurement & Supply (CIPS), discusses the important role of procurement during supply chain disruptions. In South Africa, businesses ar…

OnABudget takeaway: For South Africans, this means companies working behind the scenes to secure products and services can help keep prices more stable and avoid delays. Small businesses and consumers should watch for how procurement strategies improve availability and affordability in the local market.

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VBS Auditor Barred and Fined R10 Million for Misconduct

Moneyweb · 2026/04/17

Sipho Malaba, the auditor linked to the collapsed VBS Mutual Bank, has been permanently disqualified from working as an auditor. This decision was made by the regulatory watchdog, which also imposed p…

OnABudget takeaway: For consumers and small business owners, this means more protection against dishonest auditors and firms. Investors can feel somewhat more confident that authorities are taking strong action to prevent fraud and safeguard the financial system.

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Congo Set to Become Sub-Saharan Africa’s Fifth Largest Economy

Moneyweb · 2026/04/17

The Democratic Republic of Congo is set to surpass Ethiopia and become the fifth-largest economy in sub-Saharan Africa. This growth is mainly driven by a mining boom, which has boosted export revenues…

OnABudget takeaway: For consumers and small businesses, Congo's rising economy could mean more trade and investment opportunities in the region. Investors might find growth potential in Congo's mining sector, but should watch how the country manages its newfound wealth.

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French Authorities Protect Crypto Execs After Kidnappings

Moneyweb · 2026/04/17

French authorities have taken strong steps to protect cryptocurrency executives following a recent wave of kidnappings targeting individuals in the crypto industry. These high-profile executives, who …

OnABudget takeaway: For everyday South Africans interested in crypto investments or small businesses that accept or deal with digital currencies, increased security measures mean a safer environment to get involved. Knowing that authorities are acting can build confidence for new investors and entrepreneurs.

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How Decentralised Money and Stablecoins Are Changing SA's Financial Future

Moneyweb · 2026/04/17

Hannes Wessels from Binance South Africa discusses how the traditional way of issuing money by central banks is being challenged by stablecoins, a type of digital currency that is becoming more popula…

OnABudget takeaway: For consumers and small business owners, the rise of stablecoins means more options for making payments and managing money. However, it’s important to understand the risks and benefits as this new digital money gains popularity.

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Poor Governance Fuels Fraud Risk in South Africa’s Economy

Moneyweb · 2026/04/17

South Africa is facing a growing problem with fraud, which is harming the economy and businesses across the country. Official data shows some of the issue, but the real situation is worse because many…

OnABudget takeaway: For everyday South Africans and small business owners, this means being extra careful with finances and trusting only well-managed companies. Investors should look for businesses with strong governance to reduce risk.

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Concerns Rise Over Tshwane Sports Club Residential Development

Moneyweb · 2026/04/17

In Tshwane, a local sports club has once again become the centre of attention due to plans for a large-scale residential development on its grounds. Residents in the area expressed concerns about how …

OnABudget takeaway: For consumers and small businesses, this means paying attention to local development plans as they can impact property values, community services, and the overall quality of life. Investors should watch how such projects unfold, as they may affect real estate opportunities in Tshwane.

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FSCA tightens crypto licensing to protect South African consumers

Moneyweb · 2026/04/16

The Financial Sector Conduct Authority (FSCA) in South Africa is tightening rules for crypto businesses wishing to operate legally. According to Diketso Mashigo, the head of licensing at the FSCA, the…

OnABudget takeaway: For everyday South Africans, the FSCA’s stricter rules mean better protection when dealing with crypto businesses, reducing the risk of scams. Small business owners and investors should ensure they work with licensed firms to keep their funds safe.

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South African Finance News - Page 14 | OnABudget | OnABudget