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iol. co. za > business > 2026-05-08-why-south-africans-miss-out-on-lower-interest-rates-by-not-negotiating

Why South Africans miss out on lower interest rates by not negotiating

1+ week, 1+ day ago  (610+ words) South Africans can, but don't, speak to their bank about lower interest rates. South Africans collectively owe more than R2. 3 trillion to banks and other lenders through home loans, vehicle finance, credit cards and other debt facilities. Yet many consumers never…...

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iol. co. za > business > 2026-05-12-how-rising-inflation-affects-south-africas-lower-income-households

How rising inflation affects South Africa's lower-income households

4+ day, 10+ hour ago  (516+ words) South Africa's latest fuel shock is expected to hit lower-income and rural households hardest as rising transport and logistics costs feed through into food prices and other essentials, according to economists and industry executives. The warning comes as the country…...

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iol. co. za > business > 2026-05-12-sas-unemployment-crisis-worsens-eight-million-people-without-jobs

SA's unemployment crisis worsens | Eight million people without jobs

4+ day, 9+ hour ago  (597+ words) South Africa's unemployment rate has risen to 32, 7%, leaving more than eight million people without work. The latest figures were released by Statistics South Africa on Tuesday during a media briefing in Pretoria. According to the Quarterly Labour Force Survey (QLFS)…...

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iol. co. za > capeargus > news > 2026-05-11-meet-the-new-chief-economist-of-the-sa-reserve-bank-dr-konstantin-makrelov

Meet the new chief economist of the SA Reserve Bank: Dr Konstantin Makrelov

5+ day, 7+ hour ago  (275+ words) In his new role, Dr Makrelov will also serve as a member of the SARB's Monetary Policy Committee and Financial Stability Committee. The SA Reserve Bank has appointed Dr Konstantin Makrelov as its new Chief Economist and Head of Economic…...

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iol. co. za > business-report > entrepreneurs > 2026-04-30-resilience-in-motion-turning-everyday-enterprise-into-south-africas-next-growth-story

Resilience in motion: turning everyday enterprise into South Africa's next growth story

2+ week, 2+ day ago  (713+ words) As Freedom Month concludes, South Africa reflects on the essence of freedom through the lens of entrepreneurship, where many are not just chasing dreams but creating livelihoods amidst significant challenges. As Freedom Month draws to a close, South Africa returns…...

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iol. co. za > sundayindependent > news > 2026-04-25-entrepreneurship-challenge-for-children-aims-to-combat-youth-unemployment

Entrepreneurship challenge for children aims to combat youth unemployment

3+ week, 13+ hour ago  (322+ words) WITH youth unemployment in South Africa reaching approximately 60% among 18- to 24-year-olds as of early 2025, according to Statistics South Africa (Stats SA), a skills mismatch is increasingly cited as a contributing factor. A 2023 study by the Department of Higher Education and…...

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iol. co. za > news > south-africa > 2026-04-16-avoid-payment-disruptions-sassa-urges-beneficiaries-to-complete-life-certification

Avoid payment disruptions: SASSA urges beneficiaries to complete life certification

3+ week, 1+ day ago  (296+ words) The South African Social Security Agency (SASSA) has urged social grant beneficiaries to complete their life certification annually, warning that failure to comply, particularly when specifically requested, could result in payment disruptions. The agency said beneficiaries who are able to…...

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iol. co. za > business > economy > 2026-04-08-oil-prices-plunge-stocks-rally-as-us-and-iran-agree-to-a-ceasefire

Oil prices plunge, stocks rally as US and Iran agree to a ceasefire

1+ mon, 1+ week ago  (810+ words) Pakistan's Prime Minister Shehbaz Sharif said on April 8 that the United States, Iran and their allies had agreed to a ceasefire "everywhere", including Lebanon, following mediation by his government to stop weeks of fighting. Image: Aamir Qureshi / AFP Oil prices…...

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iol. co. za > business > property > 2026-04-13-lower-property-bands-see-fastest-growth-fueling-sas-affordability-crisis

Lower property bands see fastest growth, fueling SA's affordability crisis

1+ mon, 3+ day ago  (1053+ words) The lower residential house price bands have risen quickest in percentage terms over the last decade. This is despite the gap between the higher and lower bands having widened. At the same time, homeownership among younger buyers has declined. The…...

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iol. co. za > business-report > economy > 2026-04-15-imf-cuts-south-africa-growth-outlook-as-middle-east-war-fuels-global-risks

IMF cuts South Africa growth outlook as Middle East war fuels global risks

1+ mon, 1+ day ago  (886+ words) The International Monetary Fund (IMF) has sharply downgraded South Africa's economic growth forecasts for 2026 and 2027, warning that escalating conflict in the Middle East and resulting energy shocks are weighing on global and regional prospects. In its April edition of the…...