Business Report

15/06/2026

GeT Metal Group and its subsidiary GeT Alloys plan to eliminate fossil fuels from their aluminium melting operations by launching a pioneering waste-to-energy initiative that transforms 150,000 end-of-life tyres a year.

GeT Metal Group and GeT Alloys are set to revolutionise aluminium production in South Africa by launching a waste-to-energy initiative that transforms 150,000 end-of-life tyres into high-quality industrial fuel, significantly reducing reliance on fossil fuels and promoting sustainable practices.

15/06/2026

Woolworths is entering a new chapter in customer loyalty following the end of its long standing WRewards and MySchool programmes, replacing the familiar offerings with a single, integrated platform designed to deliver more personalised rewards and greater visibility into charitable giving.

Following the end of its long running WRewards and MySchool programmes, Woolworths is placing data driven personalisation and digital engagement at the centre of its new MyDifference loyalty platform.

15/06/2026

South Africa’s recent sovereign credit rating upgrade by Fitch Ratings is a significant endorsement of the country’s fiscal discipline and reform agenda.

15/06/2026

The global financial landscape experienced a notable transformation this week, ignited by the landmark announcement of a peace agreement between the United States and Iran.

Discover how a groundbreaking US-Iran peace agreement has invigorated global markets, from Wall Street to Asia, and the implications for future economic stability in an ever-changing geopolitical landscape.

15/06/2026

The National Union of Mineworkers (NUM) has strongly condemned Petra Diamonds' decision to place its Finch Diamond Mine in Kimberley under business rescue and issue a Section 189A retrenchment notice at its Cullinan Diamond Mine.

The National Union of Mineworkers warns that nearly 1,800 jobs are at risk due to Petra Diamonds' decision to place its Finch Diamond Mine under business rescue and issue retrenchment notices at its Cullinan Diamond Mine, calling for urgent government intervention.

15/06/2026

"The working class is under siege from the increasingly painful costs of living, rising unemployment and the subsequent crises of poverty, inequality, crime, corruption and overstretched public services."

The working class in South Africa is under siege from soaring living costs and rising unemployment, prompting Cosatu to organise a national protest on 19 June. This protest aims to urge the government and private sector to take immediate action to alleviate the burden on workers.

15/06/2026

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14/06/2026

At just 26-years-old, Atlantis resident Ru Kellen Williams is helping keep supermarket shelves stocked across the Western Cape while challenging long standing stereotypes in one of South Africa's most demanding industries.

At just 26, Ru Kellen Williams is navigating some of South Africa's largest trucks while inspiring more women to enter the logistics industry.

14/06/2026

South Africa's Gross Domestic Product (GDP) for the first quarter surprised on the upside showing growth of 0.5% quarter-on-quarter and annual growth moving close to 2%.

South Africa's GDP rose by 0.5% in Q1 2026, signalling hope amidst economic challenges, yet experts caution about underlying consumer weaknesses and geopolitical tensions threatening future growth.

14/06/2026

South Africa’s structural reform programme is beginning to show measurable economic benefits, with the country recording a sixth consecutive quarter of GDP growth, but weak implementation capacity continues to slow progress in several critical areas, according to the Bureau for Economic Research (BER).

South Africa's economy shows signs of recovery as structural reforms yield positive GDP growth, but challenges in implementation and logistics persist.