Business Report

09/06/2026

South Africa’s agricultural sector has called for a sharper focus on trade diplomacy, improved market access and infrastructure reform as geopolitical tensions and shifting global trade patterns reshape export opportunities for local producers.

The Agbiz Congress 2026 in Gqeberha highlighted the need for South Africa to enhance its agricultural trade strategies amidst rising geopolitical tensions. Key discussions focused on expanding market access, improving economic diplomacy, and addressing challenges in the agricultural sector.

09/06/2026

The Bolatja Hlogo Consortium (BHC) on Monday said it filed a legal suit against the Public Investment Corporation (PIC), which it claims unfairly used a one-share advantage to force SA Home Loans (SAHL) not to declare an approximate R1.2 billion dividend, in April.

The Bolatja Hlogo Consortium has initiated legal proceedings against the Public Investment Corporation, alleging shareholder oppression and a failure to declare a significant dividend. This article explores the details of the dispute and its implications for both parties.

09/06/2026

The rand has received a significant boost from Fitch Ratings’ decision to upgrade the country’s sovereign credit rating, but escalating tensions in the Middle East continue to cloud the outlook for the local currency.

Fitch Ratings has upgraded South Africa's sovereign credit rating, leading to a temporary boost in the rand. However, escalating tensions in the Middle East and rising oil prices pose ongoing challenges for the local currency.

09/06/2026

South Africa needs to fundamentally change how it approaches corporate distress and business failure, according to the Turnaround Management Association Southern Africa (TMA-SA), which is calling for a stronger national business rescue culture as the number of financially distressed companies continues to rise.

Amid rising corporate distress in South Africa, the Turnaround Management Association Southern Africa advocates for a proactive business rescue culture, highlighting the need for legislative reforms and a shift in perception towards business rescue as a strategic tool for economic recovery.

09/06/2026

A new study conducted by researchers from the University of Pretoria (UP) in partnership with Red Meat Industry Services (RMIS) and Zoetis has produced findings that could significantly reduce costs for South Africa’s livestock and meat-processing sectors while improving the management of Foot and Mouth Disease (FMD).

A recent study by the University of Pretoria indicates that offal meat from cattle recovered from Foot and Mouth Disease is safe for consumption, challenging existing slaughter regulations and offering new insights into disease management.

09/06/2026

South Africa’s agricultural sector recorded a record trade surplus of $1.55 billion (R24.7 billion) in the first quarter of 2026, marking the highest first-quarter surplus in the country’s agricultural trade history, according to AgriSA’s latest Quarterly Trade Report.

AgriSA's latest report reveals a historic trade surplus of $1.55 billion for South Africa's agricultural sector in Q1 2026, driven by a decline in imports and strong performance in horticulture, despite ongoing challenges in livestock exports

09/06/2026

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08/06/2026

South African consumers are facing renewed financial pressure following the latest fuel price adjustments, even as economists anticipate stronger than expected economic growth for the first quarter of 2026.

KPMG forecasts stronger GDP growth for South Africa, but Debt Rescue says households are running out of options to absorb rising living expenses.

08/06/2026

The Congress of South African Trade Unions (Cosatu) has welcomed the appointment of a new board for the South African Post Office (SAPO), describing it as an important step towards rebuilding one of the country's most recognisable public institutions.

COSATU says the appointment of a new South African Post Office board is a critical step towards restoring the state owned entity, while calling for the removal of business rescue practitioners and urgent government support.

08/06/2026

During the past week, precious metal prices came under significant pressure as investors across the globe sold what had until now been regarded as traditional safe haven assets and shifted back towards riskier investments such as the US dollar and equities.

As precious metals falter, what are the implications for the Rand and global markets?"