The South African 5-star hotel built inside a 1930s timber mill and power station

Once a 1930s timber mill and power station supplying electricity to Knysna and Plettenberg Bay, the Turbine Boutique Hotel and Spa on Thesen Islands has been transformed into a 5-star heritage hotel. View online Friday, 24 April 2026 Your daily update The South African 5-star hotel built inside a 1930s timber mill and power station Once a 1930s timber mill and power station supplying electricity to Knysna and Plettenberg Bay, the Turbine Boutique Hotel and Spa on Thesen Islands has been transformed into a 5-star heritage hotel. Old Mutual is pumping money into WeBuyCars  Old Mutual Investment Group's flagship Investor's Fund took new positions in WeBuyCars and Dis-Chem in the first quarter of 2026. Chewing gum, used mattresses, and poppy seeds – South Africans aren’t allowed to travel overseas with these items Seemingly harmless items like chewing gum, poppy seeds, and used mattresses may be restricted or illegal to carry into certain countries, and undeclared items may lead to fines or jail time. The top South African CEO who ran a marathon and wrote a new book at 61 Discovery founder and CEO, Adrian Gore, who is now 61, completed the London and Boston marathons and wrote a book, all while leading a financial giant. Business and Technology News World Bank and Amazon.com partner in a unique new project in South Africa The World Bank has teamed up with Amazon.com on a bond whose proceeds will go toward rehabilitating ecosystems in South Africa’s Eastern Cape Province. Top American bank expects interest rate hike in South Africa next month Bank of America expects an interest rate hike in May, as the Iran war starts to raise prices at the tills. Must read Say goodbye to cash in South Africa Digital payments and cards have become the default for most South Africans, although cash remains important in situations where digital acceptance, connectivity, or transaction fees pose challenges. Petrol and diesel price storm coming for South Africa Even if the Middle East war is ended soon, a return to normal for petrol and diesel prices is still a long way off. Invisible tax hits South Africans Old Mutual warned that the Middle East conflict’s impact on global oil prices is acting as a “silent tax” on South Africans by raising transport costs, which erodes disposable income. South African petroleum giant turning cooking oil into jet fuel South African petrochemical company Sasol has received certification from a German agency for its sustainable aviation fuel, paving the way for it to start exports to the European Union. Partner content 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. Standard Bank announces the successful close of a landmark US$800 million sustainability-linked syndicated loan, attracting investors from across the globe The Standard Bank of South Africa Limited (“Standard Bank” or the “Borrower”), the largest bank in Africa by assets, announces the successful closing of a US$800 million sustainability-linked syndicated loan (the “Facility”). 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. Codehesion – South Africa’s top software development specialists Codehesion has geared its business to be a true innovation partner that plugs into your business. More stories

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