South Africa strengthens ties with the BRICS New Development Bank (NDB), securing alternative funding for infrastructure and sustainable development projects amid shifting global finance dynamics.
South Africa’s GDP grew 0.5% in Q3 2025 — the third straight quarter of expansion — driven by a rebound in fixed investment and strong retail activity ahead of the festive season. With construction adding 130,000 jobs and youth unemployment ...
Visa’s new R1 billion data centre in Johannesburg is more than servers and circuits — it’s the spark for Africa’s fintech revolution. By slashing cross-border fees, supercharging e-commerce, and creating 1,000 high-skilled jobs, this Gauteng hub is turning South Africa ...
S&P lifted the country to BB on 14 November 2025. The rand instantly strengthened to R17.18, the JSE blasted past 115 000 (up 20% this year), bond yields crashed to 8.62%, and analysts now expect grocery prices to fall 4–5% ...
Secure digital apps are fueling Africa's trade boom, with innovative startups leading seamless cross-border payments and identity verification under AfCFTA.
South Africa's youth unemployment hits 62.2% in 2025. Fresh graduates face endless rejections, driving ride-hailing apps or hustling side gigs just to survive. Degrees gather dust while dreams fade in a broken economy.
Former President Thabo Mbeki warned on November 1, 2025, that South Africa faces a deepening crisis in economy, politics, crime, corruption, and continental ties. With unemployment at 33.2%, youth joblessness at 46.1%, and GDP per capita shrinking, he urged thought ...
South Africa’s no-fee schools promise free education, but many demand “voluntary” donations for stationery and uniforms—leaving low-income parents trapped in debt and children unable to learn.
South Africa’s exit from the FATF grey list on October 24, 2025, unlocks R100 billion in foreign investment, sparking job creation in Gauteng’s economic hubs and township SMEs. Lower banking costs and a stronger rand signal growth, with 200,000 jobs ...
South Africa has been officially removed from the Financial Action Task Force (FATF) grey list after making significant progress in combating money laundering and terrorist financing. This marks a major boost for investor confidence and the country’s international reputation, with ...
South Africa’s Western Cape is set for a dual boom in citrus exports and tech innovation, thanks to new BRICS trade deals. Citrus farmers and tech entrepreneurs alike stand to benefit from expanded markets, job creation, and strategic economic diversification ...
South Africa’s young adults are facing record financial strain in 2025 as rent, groceries, and everyday expenses soar while wages stagnate. The average cost of living has tripled since 2005, leaving under-35s spending more than half their income on essentials ...
South Africa's Public Investment Corporation (PIC) surges to R3.049 trillion in assets, with equities booming 22.5% to R999 billion. Gains promise pension stability but whispers of corruption and elite bailouts shadow the milestone.
Hong Kong-based AI fintech Optasia is set to shake up South Africa's financial landscape with a $365 million IPO on the JSE. Targeting township loan apps, SME cybersecurity, and strategic acquisitions, the move promises to turbocharge financial inclusion and empower ...
The October 2025 US federal shutdown, layered atop AGOA’s expiration and tariffs, threatens South Africa’s farmers, wine exporters, and tourism sector. Delayed inspections, lost duty-free access, and global market uncertainty could cost thousands of jobs and billions in revenue, showing ...
Buying a used car can be a tricky endeavour whether it's your first or tenth time. Wesbank has some tips to help you get it done right.
There’s often a good deal to be found on the vehicle auction floor, but – there’s always the ‘but’! - you do have to know what you are doing.
Wesbank delivers the latest data on the motor industry and the finances surrounding it.
Subaru Southern Africa introduces two new offers for customers to further entrench the notion of Confidence in Motion.
In the ever-evolving world of cars and car finance, where prices can change in a heartbeat and financing options seem endless
Wesbank offer professional industry advice on the how's and the what's of the process of writing off your vehicle.
Buying a car is probably the single biggest purchase you will make as a recent graduate or young professional entering the workplace.
South African interest rates will increase for the third time this year, placing indebted consumers under more pressure.
For young professionals who need a car, the process of selecting, financing and buying a car can be both overwhelming and intimidating.
