Critical South African industry is shutting down one factory at a time

Thousands of jobs are at risk as businesses continues to close across South Africa's automotive components sector in the face of rising cheap imports. View online Tuesday, 25 August 2026 Your daily update Critical South African industry is shutting down one factory at a time Thousands of jobs are at risk as businesses continues to close across South Africa's automotive components sector in the face of rising cheap imports. The Oppenheimers got lucky Billionaire Christo Wiese believes that luck plays an integral role in the financial success of many businesses, including his own and that of the Oppenheimer family. Discovery CEO Adrian Gore shares good news about South Africa Discovery CEO Adrian Gore believes South Africa is making meaningful progress in addressing unemployment, which he describes as a societal crisis. SARS sends a warning to South Africans who get family and friends to do their taxes Relying on family and friends to handle SARS matters is the biggest indicator of potential tax non-compliance, with errors ranging from incorrect eFiling to serious misreporting. Business and Technology News Johann Rupert and Koos Bekker struck a deal to save Vodacom and MTN South Africa's richest man, Johann Rupert, and Naspers stalwart Koos Bekker cut a deal with Cyril Ramaphosa in the early 1990s to prevent Vodacom and MTN from being smothered in their cribs. R21 billion meant for free electricity to poor households used for other purposes Minister of Electricity and Energy, Kgosientsho Ramokgopa, said that money meant for free electricity for poor households is used for salaries and other purposes. The man from Soweto who started a unique fast food restaurant taking on the giants And Fries founder Lwazi Madonsela started his entrepreneurial journey at eight, selling his art to classmates. Must read Construction begins on new R1 billion precinct in Pretoria with its own shopping centre, school and housing Construction has begun on the R1 billion-plus Rosslyn Hub precinct in Pretoria North, a 100-hectare development which will include retail, housing, logistics, healthcare, education and hospitality facilities. Prominent South African miner experiencing the hardest times in its history Afrimat said that, in its 20-year history, these are some of the hardest times it has faced. R1 million fine for hiring illegal immigrants in South Africa South African employers could soon find themselves hit with fines up to R1 million for hiring undocumented foreign nationals if a new draft amendment bill is passed. One of South Africa’s most iconic buildings is up for sale, again Transnet has put the Carlton Centre up for sale after two previous attempts to dispose of the iconic building failed. More stories

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