Business

Western Cape Opens Applications For R7 Million Tourism Growth Fund

The Western Cape Government has officially opened the application window for its R7 million Tourism Growth Fund, aimed at providing financial relief and development support to small, medium, and micro enterprises (SMMEs) in the tourism and hospitality sector. Eligible business owners have from 16 September 2026 until 14 October 2026...

1 month agoSeptember 20, 2026Cape Flats NewsBusiness

Government Launches National Truck Stop Framework To Improve Driver Safety

Minister of Transport Barbara Creecy officially launched the National Truck Stop Framework at the Sasol N17 Truck Stop in Mpumalanga on 17 September 2026. The new policy establishes a coordinated national approach to the planning, development, management, and standardisation of truck stop facilities across South Africa. Department of Transport research...

1 month agoSeptember 19, 2026Cape Flats NewsBusiness

Government Urged To Support Macadamia Industry Growth

Deputy Minister of Trade, Industry and Competition John Steenhuisen has called for a coordinated government effort to create an enabling environment for South Africa’s macadamia sector. Speaking during the South African Macadamia Growers’ Association (SAMAC) ‘MacDay on the Road 2026’ event held in Umhlanga on 17-18 September 2026, Steenhuisen highlighted...

1 month agoSeptember 19, 2026Cape Flats NewsBusiness

Treasury And Reserve Bank Face Backlash Over Proposed Cross-Border Crypto Ban

South Africa’s National Treasury and the South African Reserve Bank (SARB) released a draft Crypto Asset Manual on 3 August 2026 that proposes barring resident companies from transacting cryptocurrency across the country’s borders, drawing sharp criticism from the country’s largest crypto exchanges. The public has until 30 September 2026 to...

2 months agoSeptember 9, 2026Cape Flats NewsFinance

South African Cherries Gain China Market Access In Landmark Export Protocol

Agriculture Minister Willie Aucamp signed a protocol in Beijing on Monday, 8 September 2026, granting South African cherry producers access to the Chinese market for the first time, opening the door to the world’s largest cherry importing nation. Aucamp signed the agreement with General Administration of Chinese Customs (GACC) Minister...

2 months agoSeptember 9, 2026Cape Flats NewsBusiness

Cape Mainline Freight Corridor Reopens After Two-Month Storm Closure

Transnet Rail Infrastructure Manager (TRIM) has completed recovery and reconstruction of the Cape Mainline after severe storms on 11 and 12 May 2026 caused extensive damage to railway infrastructure across the Western Cape and Karoo region. The line reopened to diesel-hauled trains on 31 July 2026 and fully reopened for...

2 months agoSeptember 5, 2026By Siphiwe DlaminiBusiness

Icasa launches new inquiry into telecom affordability as data costs rise

The Independent Communications Authority of South Africa (Icasa) has published notice of a new market inquiry into the affordability of telecommunications services, TechCentral reported on 4 September 2026. The inquiry will examine structural cost drivers, the impact on household budgets, and possible regulatory or market interventions. Icasa says affordability concerns...

2 months agoSeptember 5, 2026By Layla HadidBusiness

Shoprite Finalises Spaza Till Bet As Tribunal Clears R&A Cellular Acquisition

Shoprite has secured unconditional Competition Tribunal approval to acquire majority control of R&A Cellular, a point-of-sale platform serving South Africa’s informal retail sector, after announcing the planned deal on 16 March 2026. The Tribunal approved the merger between Shoprite Financial Services Ltd and R&A Cellular without conditions on 7 April...

2 months agoSeptember 1, 2026Cape Flats NewsBusiness

Former Bosasa Workers Await Outstanding Pay Seven Years After Liquidation

More than 4,500 former employees of Bosasa, later known as African Global Operations, have been waiting for outstanding salaries and retrenchment benefits since the company’s liquidation in 2019, with Sanlam confirming that R2.188 million remains payable to eligible members of the African Global Operations Provident Fund. According to Sanlam, 187...

2 months agoAugust 27, 2026By Layla HadidBusiness

Dubai Aerospace Enterprise finalises four-plane lease deal with Saudia

Dubai Aerospace Enterprise (DAE) has finalised a purchase-leaseback agreement with Saudia for four new Boeing 777F cargo aircraft, set for delivery between October 2026 and May 2027. The deal, announced by DAE on 10 August 2026, strengthens the airline’s logistical capacity as it works toward the objectives set out in...

3 months agoAugust 10, 2026Bobby BoucherBusiness

Tulbagh fruit canning plant closure threatens thousands of jobs

Premier Foods has initiated a Section 189 consultation process to potentially close its Fruit Products Western Cape (FPWC) canning facility in Tulbagh. The proposed shutdown places approximately 3,500 permanent and seasonal factory positions, along with over 2,000 permanent farm roles, at immediate risk. Economic Impact And Industry Capacity The FPWC...

3 months agoAugust 8, 2026Bobby BoucherBusiness

Lepelle Northern Water Denies Owing Back Pay at Giyani Project

Lepelle Northern Water has formally denied owing any outstanding wages to former contract workers, following protests that brought construction at the Giyani Water Service Project to a halt on 3 August 2026. The water utility maintains that its internal records show no unpaid invoices or outstanding salary claims for the...

3 months agoAugust 4, 2026Bobby BoucherBusiness

VALR Criticises Proposed Corporate Cross-Border Cryptocurrency Ban

The National Treasury and the South African Reserve Bank (SARB) have released a draft Crypto Asset Manual that proposes to prohibit South African companies from conducting cross-border transfers using cryptocurrency. While the draft framework allows individuals to continue moving crypto assets offshore within existing foreign exchange allowances, it introduces significant...

3 months agoAugust 4, 2026Bobby BoucherBusiness

Investors Count Losses as Morita Forestry Collapse Shocks Market

Thousands of South Africans face total financial loss after the Morita Forestry investment platform ceased all operations on 29 July 2026, leaving an estimated 385,000 registered accounts frozen. The scheme, which promised daily payouts from purported woodland projects in the United States, effectively shut down after suspending all investor withdrawals...

3 months agoJuly 31, 2026By Siphiwe DlaminiFinance