Category BreakingNews

BusinessTech

Fourways Mall, South Africa’s largest shopping center, sees leasing and foot traffic improvements. Co-owner Accelerate Property Fund notes positive retail performance in recent trading update. Despite being the country’s largest mall post-expansion in 2019, challenges arise with increased vacancy rates and declining rent per square meter. Fair value drops from R9.6 billion in 2020 to R8 billion.
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The South African

Emergency services are at Voëlklip Road in Herold’s Bay where a car went over a cliff. A body has been recovered by rescue divers, efforts are underway to bring it up. Arrive Alive website posted pictures. Developing story, updates to follow.
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Daily Maverick

Zimbabweans stayed home on 31 March 2025, defying calls for mass protests. Businesses in Bulawayo opened late or not at all due to lack of public transport. Police presence was strong across the country, with roadblocks and patrols. Schools were empty as parents kept children home. Public transport challenges were reported, with a nurse having to walk to catch a government bus.
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Business Day

Forestry, fisheries, and environment minister Dion George granted emissions exemptions to eight Eskom coal power plants for 5-10 years based on minimum emission standards. Eskom applied for more exemptions, but George balanced power generation needs with a just energy transition and cleaner air. Two power stations are decommissioning, so longer exemptions were not granted.
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TimesLIVE

US President Trump threatened Iran with bombing and secondary tariffs if no nuclear deal reached. Iran rejects direct negotiations with the US, preferring indirect talks. Trump warned of severe consequences if a deal is not made. Iran maintains stance against direct talks amid US pressure and military threats.
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Daily Maverick

US cuts to international aid, including food aid, lead to tragic consequences globally. The World Food Programme faces a 40% funding drop in 2025, risking assistance for 58 million people. Nutrition experts warn of lethal impact, potentially reversing decades of progress in reducing malnutrition. Generational effects expected due to malnourished infants becoming malnourished adults and parents.
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BusinessTech

Volkswagen Group considers discontinuing Polo Vivo production due to new models and competition from imports. Volkswagen Africa chair Martina Biene highlights challenges faced by local car makers in South Africa, including high costs and unfair competition from Asian imports. Low production volumes put local manufacturers at a disadvantage.
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BusinessTech

South African Minister Dean Macpherson disclosed mafia and gang infiltration in security firms during a meeting with Public Works MECs. Efforts to combat construction mafia activities have led to 745 extortion cases reported, resulting in 240 arrests. Gauteng, Western Cape, KwaZulu-Natal, and Eastern Cape are the top provinces affected, collectively representing 84% of all cases nationwide.
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BBC News

RN president Jordan Bardella calls for “popular, peaceful mobilisation” in support of Marine Le Pen after she is banned from running in 2027. France’s High Council of the Judiciary urges calm in response to the ruling, expressing concern over reactions that could undermine judicial independence. Le Pen’s co-defendant criticizes the sentence as going against legal principles.
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BusinessTech

Standard Bank’s top executives received substantial pay for 2024 despite mixed performance. Headline earnings rose 4% to R44.5 billion, with earnings per share at 2,691 cents. Basic earnings per share fell 1% to 2,644.1 cents, and total income increased by 2% to R181 billion. Return on equity stood at 18.5%, with active clients growing by 4% to 20 million.
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