South African motorists could face a steep fuel price increase in April 2026, as early review data signals significant hikes in both petrol and diesel. According to preliminary figures from the Central Energy Fund (CEF), 95 unleaded petrol is currently tracking a potential increase of around R1.76 per litre, while 93 unleaded may rise by…
South Africa’s aviation sector began 2026 on a steady footing, with airport arrivals rising 7.9% year-on-year in January, according to figures released by Airports Company South Africa (ACSA). The increase slightly exceeded the overall 7.8% growth recorded for 2025, indicating continued momentum in passenger demand. While overall growth moderated marginally from December’s 8.1% expansion, the…
South Africa’s long-running semigration trend towards coastal living is showing signs of moderation, as fresh data points to a renewed draw toward inland economic hubs—particularly Gauteng. According to Statistics South Africa, employment remains the dominant force behind internal migration. Roughly 28% of individuals who relocate across provincial boundaries cite paid work as their primary motivation….
Brussels has launched a formal probe into fast-fashion giant Shein over suspected breaches of the European Union’s digital platform rules, including allegations that illegal items were sold through its marketplace. The European Commission confirmed that the Singapore-headquartered retailer is under investigation under the bloc’s Digital Services Act (DSA). The inquiry will examine concerns about the…
South Africa’s central bank has launched a formal consultation on plans to discontinue the long-standing prime lending rate and instead anchor loan pricing directly to its benchmark policy rate. In a statement released on Monday, the South African Reserve Bank said linking financial contracts to the repo rate would strengthen the transmission of monetary policy…
The South African rand is holding its position as one of the continent’s stronger currencies, ranking eighth in Africa as of January 2026. Data shows the rand trading at 16.50 against the US dollar, its strongest level since 2022. It remains the most actively traded currency in Africa. The Tunisian dinar is the strongest on…
Africa Bitcoin Corporation (ABC), the continent’s first listed bitcoin treasury firm, has increased its cryptocurrency reserves with the purchase of 1.35 bitcoin, lifting its total holdings to 4.55 BTC, valued at approximately R4.7 million at current prices. The latest acquisition was completed at an average cost of R1.14 million per coin, slightly above the prevailing…
