Vehicle finance defaults now at R4bn

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A round up of news updates including the DA’s Mpho Phalatse’s resignation from the CoJ council.
A look at what’s behind the increase in vehicle repossession and what motorists can expect to pay for fuel at the pumps in September.

29 Aug 2023 6AM English South Africa Business News · Politics

[TOP STORY] Late government payments threaten survival of SA’s construction sector

‘Particularly in the public sector, there's large non-compliance with the legislation, and contractors are really left to their own devices to collect money,’ says Euan Massey, director, MDA Attorneys

13 Mar 10AM 8 min

Airbnb vs housing: Cape Town considers crackdown

Contractors warn payment delays are choking South Africa’s construction sector. How are South African households coping financially? And the Karoo farmer turning pistachios into a multibillion-rand opportunity.

13 Mar 6AM 34 min

[TOP STORY] Record 508 parties registered as IEC presses for election date clarity

‘The number of parties, if they all meet the requirement to contest, means we must place a very unwieldy ballot booklet in front of the voter,’ says IEC deputy chief electoral officer, Masego Sheburi.

12 Mar 9AM 7 min

Oil turmoil hits SA skies as FlySafair adds fuel surcharge

508 parties registered – 2026 elections set to become SA’s most expensive yet. Study shows most social grant fraud is linked to officials, not beneficiaries. And what foreign property owners should know about SA’s latest tax changes.

12 Mar 6AM 34 min

[TOP STORY] Mounting car recalls raise questions about manufacturing quality

‘The problems are not being picked up at the earliest point before the cars get sold to the market…a lot of the problems are actually being picked up through diagnostics after it's been sold,’ says Phakamisa Hlubi-Majola, spokesperson for the Motor Industry Staff Association.

11 Mar 9AM 9 min

Vehicle finance defaults now at R4bn

Other recent episodes

[TOP STORY] Late government payments threaten survival of SA’s construction sector

Airbnb vs housing: Cape Town considers crackdown

[TOP STORY] Record 508 parties registered as IEC presses for election date clarity

Oil turmoil hits SA skies as FlySafair adds fuel surcharge

[TOP STORY] Mounting car recalls raise questions about manufacturing quality

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