Top Stories

Government looking to tap private companies to save Transnet

BusinessTech

South Africa seeks private sector help to improve freight-rail lines and ports for key exports. Transport Minister Creecy calls for investment proposals from companies like Glencore, Anglo American, and BMW. Coal railings at a 30-year low, iron ore shipments declining. Government to keep ownership of infrastructure, private sector to run trains, offer expertise, lease operations, and invest in export terminals.
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Teacher kidnapped at Algoa Park school

The Herald

A 45-year-old teacher was kidnapped from an Algoa Park school by three suspects in a white Toyota Corolla. The incident occurred at 8.05am on Monday, with no ransom demand made. Police are investigating the case, urging anyone with information to come forward. Contact detective WO Mike Joni or Crime Stop with information.
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WATCH | Four dead and 9 injured after fuel tanker hits bus on N1 highway in Limpopo

News24

Four people died and nine were injured when a fuel tanker crashed into a stationary bus on the N1 freeway in Limpopo. The bus had run out of fuel and was parked on the side of the road when the accident occurred. The fuel tanker caught fire, spreading to the bus. Emergency services are still at the scene. Authorities are investigating the incident.
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New private university coming to South Africa

BusinessTech

AdvTech aims to upgrade private tertiary education institutes to universities in South Africa, with plans for a 9,000-capacity facility in Sandton by 2026. The group, which owns Varsity College and private schools, saw a significant increase in earnings, reaching 100,000 enrolments. Revenue rose by 8% to R8.52 billion in 2024, driven by tuition fees.
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End of an era for one of South Africa’s giants

BusinessTech

Anglo American Platinum, known as Amplats, to change name to Valterra Platinum pending shareholder approval. Move follows parent company Anglo American’s restructuring to prevent takeover. Vote on name change set for early May at AGM, with new name effective from 28 May 2025. Company to remain listed on JSE Main Board. Restructuring part of wider divestment strategy by Anglo American.
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Sun International CEO Anthony Leeming to retire

Moneyweb

Sun International CEO Anthony Leeming to retire in December 2025 after 26 years with the company. Ulrik Bengtsson appointed as successor, effective from 1 July 2025 pending work permit finalization. Leeming to assist with transition until year-end. Leeming’s tenure marked by navigating Covid-19 challenges, strengthening balance sheet, and expanding online gaming market.
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Guess who’s back: South Africa’s favourite chip flavour returns to shelves

CapeTown ETC

Lay’s sour cream and onion crisps make a triumphant return to South African shelves after a long absence, delighting devoted fans. A Change Organisation-led campaign and consumer outcry led to their reinstatement, with PepsiCo confirming the beloved flavour’s permanent comeback on 3 March. Fans’ nostalgia and unwavering support played a significant role in bringing back the tangy, creamy crisps.
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Important update for digital IDs in South Africa

BusinessTech

The Department of Home Affairs in South Africa has completed a major upgrade to its digital verification system, enhancing government and business services and laying the groundwork for a digital ID. The system, used by various sectors, including banks and insurers, had faced inefficiencies with high failure rates and delays. The upgraded system has reduced error rates to 1%, significantly improving performance.
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How to legally pay less tax in South Africa

BusinessTech

South Africans face higher taxes in 2025 with no adjustments to income tax brackets. Financial expert advises using methods like retirement annuities and tax-free savings accounts to reduce payments to SARS. National Treasury opts for no adjustments to cover reduced VAT hike, leading to inflationary bracket creep. Measures will raise R28 billion in 2025/26 and R14.5 billion in 2026/27.
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