NSFAS faces a R10.6 billion funding shortfall and R45 billion in unpaid loans, leaving students in limbo as reforms aim to restore trust in South Africa’s student aid system.
Checkers is piloting South Africa’s first smart shopping trolleys in Cape Town, letting customers scan items, monitor spending, and pay directly on the cart, streamlining the shopping experience while raising questions about retail’s future.
South African fintech iKhokha, co-founded by Matt Putman, has been acquired by Nedbank for R1.65 billion. What started as a student’s frustration with outdated card machines has grown into a leading payment platform empowering small businesses across the country.
A viral claim about a R12,500 Youth Grant has been dismissed as fake by the NYDA and SASSA, who confirmed no such grant exists. Officials urge the public to rely only on official channels, while genuine opportunities remain available through NYDA’s enterprise support and SAYouth.mobi.
South Africa faces a major economic threat as the U.S. imposes a 30% tariff on key exports starting August 8, 2025. Up to 30,000 jobs are at risk, prompting urgent government support efforts and trade talks. The move ends duty-free access under AGOA, hitting industries like automotive and agriculture hard.
A 29-year-old man was arrested after allegedly using fake documents to buy a Toyota Fortuner worth R455,900 and disappearing without making payments for nearly five years.
President Cyril Ramaphosa has fired Higher Education Minister Nobuhle Nkabane over claims she misled Parliament about SETA board appointments. The move followed pressure from coalition partners ahead of the national budget vote. Nkabane denies wrongdoing and plans to clear her name as investigations continue.
SARS has issued 5.8 million auto-assessments for the 2025 tax season, refunding over R10.6 billion to taxpayers. While the system streamlines the process, experts warn South Africans to carefully review their assessments to avoid missing deductions or reporting errors.
Eskom is calling on South Africans with grid-connected solar systems to register their setups, citing safety and grid stability. The utility is offering free registration and smart meters for qualifying users until March 2026, aiming to ensure the growing use of solar energy is safely integrated into the national network.
The African Transformation Movement has proposed renaming South Africa to the Republic of Azania, calling it a step toward shedding colonial legacy. While supporters see it as a move to reclaim identity, critics question its relevance and the cost involved. The proposal has sparked national debate on what the country’s name truly represents.
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