Pepkor CEO Pieter Erasmus said, “Cash is still king” in South Africa, as 93% of group sales at the country’s largest retailer by footprint were conducted in cash.

Shares in Spar crashed more than 15% on Wednesday after it warned that its half-year profit could fall by more than a third.

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is the economy’s number one enemy, and the entire committee should be restructured.

South Africa will hopefully know more about the government’s intention to shut down 2G and 3G networks in the country in about four months, strongly suggesting that former communications minister Khumbudzo Ntshavheni’s deadlines will not be met.

In this interview, the chairman of the Social Research Foundation shares upbeat conclusions after detailed research into how to fix load-shedding.