End of the road for 130-year-old South African food producer on the JSE

After over five decades on the JSE, RFG has officially been delisted from the exchange following its acquisition by Premier. View online Wednesday, 1 April 2026 Your daily update End of the road for 130-year-old South African food producer on the JSE After over five decades on the JSE, RFG has officially been delisted from the exchange following its acquisition by Premier. Eight South African taxpayers paid SARS R90 billion Eight major South African banks contributed R90.45 billion in taxes and tax-related payments in 2024, representing nearly 5% of government revenue and 1.24% of GDP. South African billionaire from Potchefstroom now richer than Johann Rupert South African-born billionaire Nathan Kirsh is set to become richer than Johann Rupert after the $29.1 billion sale of Jetro Restaurant Depot to Sysco, earning an estimated $20.3 billion from his 70% stake. South African rand dodged a bullet While they have taken a beating due to the Middle East war, South Africa's rand and bond market are avoiding the worst effects of the conflict. Business and Technology News South African Post Office plan to exit business rescue Business Rescue Practitioners indicated that the plan to save the SA Post Office could take three to six years to complete. The company in South Africa where the average employee earns over R2 million per year The average employee at the Johannesburg Stock Exchange earned over R2 million per year in remuneration. Must read Important visa extension for foreigners living in South Africa The Department of Home Affairs has extended its visa concession by 15 months, allowing affected foreign nationals to remain in the country legally while application backlogs are being cleared. Big petrol and diesel price hikes officially announced for South Africa Fuel prices in South Africa will rise sharply from 1 April due to global oil market disruptions and a weaker rand, with a temporary tax cut providing limited relief. Edward Kieswetter's R3.6 billion two-pot bonanza The South African Revenue Service has collected over R3.6 billion in tax from two-pot withdrawals made by Alexforbes clients since September 2024. Petrol price relief through fuel levy cuts a bad idea – Dawie Roodt The government has little room to soften April's fuel price shock, as reducing levies would undermine efforts to stabilise South Africa's debt. More stories

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