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Unemployment fund Business Unity South Africa and trade unions have raised concerns about alleged dysfunction and governance failures at the Unemployment Insurance Fund. The UIF says withdrawing from Nedlac structures does not promote engagement, constructive dialogue and adherence to institutional processes.

Sherry Sibeko|Published 33 minutes ago As winter tightens its grip, South African households are feeling the strain of rising electricity costs, with everyday appliances placing increasing pressure on already stretched monthly budgets. According to recent household energy-use insights, the average home can spend approximately R3,794 per month on electricity, driven largely by a handful of high-consumption appliances. Image: Matthews Baloyi / File.

Dieketseng Maleke|Published 6 minutes ago Explore how South Africa's booming online gambling industry is affecting the financial wellbeing of young people, with experts warning that even small bets can lead to significant financial strain. Image: Adobe South Africa's booming online gambling industry is raising fresh concerns about the financial wellbeing of young people, as experts warn that small, frequent bets are quietly eroding already stretched household budgets.

Willem J Oberholzer|Published 6 minutes ago This article explores a recent South African Tax Court ruling that underscores the importance of substantiating business expenses. It details how inflated costs and kickbacks can lead to severe penalties and highlights essential lessons for taxpayers and accountants alike.

PROSPER NATION Dr Nik Eberl|Published 10 minutes ago Dr Nik Eberl is the founder and executive chair: The Future of Jobs Summit™ (Official T20 Side Event). He is also the author of Nation of Champions: How South Africa won the World Cup of Destination Branding). Image: Supplied Every four years, the FIFA World Cup becomes far more than a football tournament. It becomes the world's largest branding masterclass.

MARKETS Oil prices continue to retreat as diplomatic progress between the US and Iran calms markets, but weak manufacturing data highlights ongoing challenges for the South African economy. Image: Ander Gillenea / AFP Oil prices have fallen to their lowest levels in four months as easing tensions in the Middle East continue to reduce fears of supply disruptions, offering a measure of relief for inflation weary consumers and businesses across the globe.

Horse racing A bumper weekend is expected in KZN as the annual Hollywoodbets Durban July horse race takes place on Saturday with a massive economic spend expected Image: Supplied A bumper weekend is expected in KZN as the annual Hollywoodbets Durban July 2026 horse race takes place on Saturday with a massive economic spend expected. An array of fashion and spectacle is expected to descend on the Hollywoodbets Greyville Racecourse, Hollywood Group said.

Electricity tariffs A section of the Glencore Merafe Chrome Venture. High energy costs and increased competition from China led to the suspension of smelting operations, but lower electricity tariffs had since improved the competitiveness of the smelter. Image: Supplied South Africa's last remaining manganese smelter, Transalloys, has stopped ferroalloys production, with no indication of when operations may resume - the shutdown affects 600 jobs and 7,000 downstream livelihoods.

The 30 June protests caused a major economic impact this was according to the Road Freight Association and the KZN Premier Thamsanqa Ntuli on Thursday Image: Doctor Ngcobo/Independent Newspapers The 30 June protests caused a major economic impact, the  the Road Freight Association and the KZN Premier Thamsanqa Ntuli said on Thursday.

Business sector Business Unity South Africa have joined a chorus of concerns among trade unions in South Africa about the dysfunction and alleged governenace failures at the Unemployment Insurance Fund. Image: Supplied Business Unity South Africa (Busa) has joined key trade unions in calling for the Unemployment Insurance Fund (UIF) and Compensation for Occupational Injuries and Diseases Fund to be placed under administration or new management, citing rampant corruption and dysfunction.