Top Stories

Business Day

Deportations from South Africa have tripled since 2020/21, but Zimbabweans continue to cross the border seeking opportunities. Political instability in Zimbabwe may pose challenges for South Africa. Despite economic hardships in Zimbabwe, many see South Africa as a land of opportunity. Job scarcity in Zimbabwe prompts educated individuals like Sothini Ncube to seek menial work in South Africa.
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Daily Maverick

Basic Education Minister Siviwe Gwarube admits missing the deadline to eliminate pit toilets in public schools by March 2025. Despite eradicating 96% of pit toilets, 141 schools still have unsafe facilities. Gwarube aims to complete 90 schools by July 2025, bringing the completion rate to over 98%. The Eastern Cape has the highest number of schools with pit toilets.
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BBC News

Stock markets are experiencing a significant decline following US tariffs, prompting questions about a potential “crash.” Historically, a crash is defined as a 20% drop from a recent peak in a day or a couple of days. Examples include the 1987 Black Monday and the 1929 Wall Street Crash. Currently, the US market is down 17% from its peak in February, not meeting the crash criteria.
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Moneyweb

Investor sentiment is affected by concerns over US President Trump’s trade wars. Fractures in the South African government and global economic uncertainty are hindering dealmaking in the country. Uncertainty about a key budget vote and the coalition government’s future are dampening business confidence. M&A activity is low despite high corporate cash reserves.
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TechCentral

MTN Group CEO Ralph Mupita appointed as deputy chairman of GSMA, a key global telecommunications body. He will support chairman Gopal Vittal until 2026, focusing on advancing mobile technology, 5G transition, new revenue models, and AI integration. The Open Gateway initiative aims to drive sector growth with participation from major mobile operators worldwide.
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Daily Maverick

Minister Thembi Simelane revealed that failures in the National Home Builders Registration Council’s internal processes allowed a contractor to bypass proper procedures, leading to the collapse of a five-storey residential property in George that killed 34 people. The report presented to the Portfolio Committee on Human Settlements highlighted regulatory lapses within the council.
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BusinessTech

Property experts note Gauteng has the most foreign homebuyers in South Africa, with 5,039 properties bought. However, the Western Cape dominates the luxury market with 2,308 purchases. Seeff Property Group chairman Samuel Seeff distinguishes between foreign expat residents and international buyers, who invest in second homes in South Africa.
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The Citizen

Marcell Meyer, a 43-year-old South African man living in New York, appeared in federal court on child pornography distribution charges. Meyer, from KwaZulu-Natal, was arrested while working on a farm in Jefferson County. He used a social networking app on his phone to share child porn. It is uncertain how he will plead, potentially facing significant jail time if convicted.
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The South African

ArcelorMittal SA’s closure delayed by at least six months with R1.7 billion cash injection from IDC. Saves 3,500 jobs until August 31, 2025. High energy costs, logistics issues cited. Trump tariffs and VAT hikes ongoing. Repayment based on financial performance.
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