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One woman makes R45,000 a month tax-free by renting out backrooms in a South African township

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Tuesday, 1 September 2026

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One woman makes R45,000 a month tax-free by renting out backrooms in a South African township
A South African woman earns R45,000 a month by renting out 15 back rooms on her property, which she bought with her retirement pension.
Gangs of 20 men use angle grinders to break into ATMs and steal millions in cash
SABRIC warned of an emerging trend of organised gangs of up to 20 men breaking into ATMs using angle grinders to steal millions of rands in cash.
New fine dining restaurant opens in South Africa’s most iconic hotel
The Palace of the Lost City at Sun City has opened the Plume Jazz Lounge, a new venue that combines live jazz, fine dining, and drinks.
New shopping centre with a rugged design opens its doors in South Africa’s most popular city
Saxdowne Shopping Centre in Kuils River, Cape Town, opened its doors, offering clients numerous stores, including Shoprite and Clicks.
Business and Technology News
President Cyril Ramaphosa says Eskom must learn from Telkom
President Cyril Ramaphosa has likened Eskom's unbundling to the ending of Telkom's fixed-line monopoly, which allowed private capital to flood into telecoms and fund the deployment of affordable, high-speed fibre networks.
Rand delivers another surprise against the US dollar
The rand continues to surprise markets by holding firm in situations that would have caused it spiral in the past.
R123 million paid for a road construction project which remains incomplete 21 months after the completion date
The road construction project on Lynnwood Road in Pretoria remains incomplete despite the municipality having paid R123 million.
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The former Discovery executive who paid R1.6 billion for stake in fibre and ISP companies in South Africa
Ryan Noach, the chief executive of DNI Group, said that they have made an R1.6 billion investment for an 18% stake in fibre network operator Frogfoot and ISP Vox Telecom.
One South African company winning big from the war in Iran
Sasol reported a 17% jump in profit as the world’s biggest producer of fuel and chemicals from coal benefited from a surge in oil prices caused by the war in Iran.
The man who is beating the Aspen crowd in South Africa’s most popular stock pick competition
Sam Brozin leads David Shapiro’s 2026 Cristal Challenge and is the only competitor in the top 5 who did not have Aspen in his selection.
South Africa’s government borrowed R288.8 billion from international institutions and it wants more
The South African government borrowed R288.8 billion from international financial institutions, but it is still not enough, and it is getting more loans to make ends meet.
Partner content
Where Real Growth Begins: Find the Right Business Lending Solution with an Overdraft Facility
Growing a business requires access to cash, but managing cash flow can be challenging. For qualifying businesses, a business overdraft can provide additional flexibility to manage short-term funding needs and keep operations moving.
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