SAA can shut down within a year

South African Airways could be declared insolvent within the next 12 months if it does not turn around its current liquidity situation. View online Thursday, 23 April 2026 Your daily update SAA can shut down within a year South African Airways could be declared insolvent within the next 12 months if it does not turn around its current liquidity situation. Tide is turning at Eskom Eskom has arrested the decline in its EAF, with it moving towards the 70% target, although declining demand and growing alternatives pose risks to the utility’s long-term financial stability. New gold coins which are legal tender in South Africa Finance Minister Enoch Godongwana has gazetted the design of several new gold and silver coins that will be issued in South Africa as legal tender over the coming years.  Doctors are leaving South Africa for Ireland Many South African doctors are leaving for Ireland because of safety and security, better opportunities, and superior training pathways. Business and Technology News Capitec is tightening the taps Capitec has tightened its lending, with the group taking a prudent approach amid the conflict in the Middle East. Illegal fuel network with lower prices in South Africa raises alarm Bidvest Protea Coin chief operating officer Waal de Waal recently raised concerns about a rise in adulterated fuel in South Africa. Must read Handful of black billionaires benefit from BEE while millions miss out – Mbeki  Analyst Moeletsi Mbeki argues that South Africa’s BEE framework has largely enriched a small, well-connected black elite while failing to uplift the poorest communities in the country. South African Reserve Bank Governor Lesetja Kganyago sounds the alarm The South African Reserve Bank will respond to inflationary pressures triggered by the US-Israeli war on Iran if they prove persistent, Governor Lesetja Kganyago said. Johannesburg funding plea gets rejected A request made by the municipality of Johannesburg, South Africa’s biggest city, for additional financing from the Agence Française de Développement has been turned down. Small businesses won’t fix South Africa’s unemployment crisis A small share of large companies employ a significant portion of South Africa’s formal workforce, highlighting their outsized role in job creation compared to smaller businesses. Partner content Binance introduces TradFi Perpetual Contracts and enhances Futures trading experience in South Africa South African traders gain quicker access to Binance’s comprehensive suite of Futures and TradFi Perpetual Contracts, combining traditional assets and crypto derivatives on a globally regulated, user-friendly platform. Impressive financial results for Capitec – delivers R16.8 billion in headline earnings Capitec’s results were achieved without deviating from the fundamental principles upon which the bank was founded over 25 years ago. Afrihost takes home two 2026 MyBroadband Awards Afrihost has won two 2026 MyBroadband Awards - ISP of the Year and Hosting Provider of the Year. More stories

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