Boitumelo Kgobotlo

South32 has approved the sale of the group's aluminium value chain assets to Alcoa Corporation in a deal worth $5.6 billion (approximately R92 billion).

The National Union of Metalworkers of South Africa (Numsa) is facing possible seizure of money in its bank and investment accounts after allegedly failing to pay full amount owed to African Unity Life for funeral cover premiums.

National Treasury has warned that it will continue enforcing compliance and accountability measures against municipalities that fail to meet their financial obligations, after withholding equitable share transfers from 69 municipalities over the mismanagement of public funds.

Government plans to link Social Relief of Distress (SRD) grant beneficiaries to job opportunities, skills development and business support as the future of the grant remains contested in court.

Finance Minister Enoch Godongwana has announced R10 billion in temporary fuel levy relief, as surging global oil prices continue to put pressure on motorists and households.

Treasury has increased its contingency reserve to R10-billion for the 2026/27 financial year to prepare for drought risks linked to El Niño.

The Madlanga Commission of Inquiry is expected to receive the bulk of R516 million allocated to three commissions of inquiry.

Numsa general secretary Irvin Jim is facing possible suspension as regional leaders move to hold him accountable for blocking the Central Committee (CC) meeting at the eleventh hour.

Cosatu has refused to choose between the ANC and the SACP, with its new president warning that picking a side would have split a fragile tripartite alliance.

Leading global payments technology firm BPC is eyeing South Africa's taxi industry as a key frontier for growth, as it explores ways to transition the largely cash-based sector to digital transactions.