SowetanLive Business News

SowetanLive Business News

Business – Breaking SA and World News, Sports, Entertainment and more –

SowetanLIVE, published by Tiso Blackstar Group in Johannesburg, is the website of the , the English-language South African daily newspaper that started in 1981 as a liberation struggle publication and which serves a proudly South African readership who have earned the right to be in the know and on the move.

Ashburton CFO had to stretch resources on way to the top

Understanding that money is a useful but finite asset that requires considered decision-making has been one of Ashburton Investments CFO Nkareng Mpobane's biggest money lessons.

Stay away from Karatbars, regulator warns

Karatbars International GmbH is not authorised to render financial advice and intermediary services in South Africa, warns the Financial Sector Conduct Authority.

Stalling to file your tax return? Here’s how to overcome your fears

If you are one of the last-minute filers, you may be wondering why you wait until the deadline – now less than a month away on December 4 for most taxpayers. 

Government employees to pay 7.7% more for medical aid

State employees will have to pay on average 7.7% more in contributions for medical aid from next year, but lower earners will benefit from almost unlimited access to private hospitals on the lowest option. 

Saldanha steel plant closure will be 'catastrophic' for West Coast

The impact of ArcelorMittal SA winding down operations at its Saldanha steel plant early in 2020 will be catastrophic for the region, about 100km north of Cape Town.

SAA retrenchment threat 'nothing but a scare tactic': unions

The announcement by the South African Airways (SAA) of looming retrenchments was a veiled threat to get workers to drop their demands for wage increases and for the removal of the SAA board.

Allan Gray dies at 81

SA dollar billionaire and philanthropist Allan Gray has died at the age of 81, his Cape Town-based investment management business said on Monday.

'Launch of Tshwane Automotive SEZ a milestone achievement'

Industry players welcome initiative

Automotive zone part of grand scheme

Gauteng to be a multi-tier special economic zone

Gauteng revs engine to take over car industry

Launch of automotive zone boosts province

Apple Card probed for alleged gender discrimination

American businessman David Heinemeier Hansson had tweeted on Thursday that the Apple Card is a "fucking sexist program."

Resourceful Orefile comes up with creative ideas for making sanitary pads

A 29-year-old graphic designer is trying to ease the burden of women who have no money to buy sanitary pads by teaching them how to make their own.

Picking up the pieces after age 50

If you are trying to start saving for your retirement when you are 50 and older, you are almost certainly too late. But as the saying goes it's never too late to start a good thing.

When you are young, your future income is most at risk

When we’re young we work hard and play hard, taking risks that people twice our age wouldn’t take.

Time is key ingredient in successful savings journey

A key ingredient in any savings journey is understanding and clearly defining what it is you are saving for and how much you are saving. This is your savings goal.

Reader Question: Can we claim our deceased mother’s UIF benefits?

A 27-year-old Sowetan Money reader from Gauteng wants to know if she and her two siblings, both under the age of 21, can claim their mother’s UIF benefits.

South Africa's Ramaphosa gets $13.5 bln of investment pledges at summit

South African President Cyril Ramaphosa secured about 200 billion rand ($13.5 billion) of investment pledges, mainly from domestic companies, on Wednesday as part of his drive to boost flagging economic growth.

Downgrade for Eskom ratings, Jabu Mabuza vows to act

Moody’s Investor Services has downgraded Eskom ratings, disappointing the 'fix-it' team recently deployed to the power utility

Cross-border delivery of goods spark idea for app

Business inspired by Zimbabwe 'malaichas'

Biochemist and entrepreneur Nokuthula Fihla launches her own washing powder brand

Biochemist and entrepreneur Nokuthula Fihla quit her high paying job to launch her own washing powder brand called Gogo's Washing Powder.

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