The Absa Merchant Spend Analytics Report for February 2025 reveals a broad decline in card spending and transaction volumes, though the pace of decline has eased since January. Amid economic uncertainty, the report highlights shifting consumer behaviour, the growth of online shopping, and the resilience of South Africa’s evolving township economy. Moderation in expenditure declines points to stabilisation Consumer spending in February showed signs of stabilisation following the contraction in January. The month-on-month (MTM) fall

With unemployment stubbornly hovering around 34% and the climate crisis intensifying, South Africa stands at a pivotal crossroads. The answer to both challenges may lie in an underutilized but rapidly growing sector: green jobs. As the world shifts toward sustainability, South Africa has a prime opportunity to harness green industries to drive economic growth and environmental resilience. Green jobs span a wide spectrum — from renewable energy and green infrastructure to waste management, water conservation,

Budget Cuts Leave Provinces Struggling to Pay for Completed Housing Projects Several provinces are battling to pay suppliers for completed housing development work following significant budget cuts to key housing grants. Funds were slashed from the Human Settlements Development Grant (HSDG) and the Informal Settlements Upgrading Partnership Grant (ISUPG), which are managed by the national Department of Human Settlements. The department is responsible for ensuring full grant expenditure by the end of each financial year

Showmax is the best-rated streaming app on the Google Play Store and Apple App Store in South Africa, beating international players like Amazon Prime Video, Netflix, and Disney+. This comes after MultiChoice relaunched the streaming service in partnership with Comcast’s NBCUniversal and Sky in February 2024. This involved a significant rebrand and upgrade to NBCUniversal’s Peacock streaming platform. It also added improved content offerings, including titles from studios like NBCUniversal, Universal Pictures, HBO, and Warner Brothers. Known

One of the highest-ranking members in the collapsed Mirror Trading International (MTI) pyramid scheme has been arrested for contempt of court. He was arrested on Friday, 7 March 2025 and was in the holding cells of the Cullinan Magistrate’s Court on Monday pending a hearing. MyBroadband may not report his name as he has yet to appear. The magistrate overseeing his case will not hear the matter today. However, we travelled to Cullinan and spoke