RC 260909Cape TalkStephen Grootes
Wednesday, 9 September 2026
Oil above $100, crypto regulation and trade opportunities dominated, alongside warnings on office property vacancies and Woolworths store-card fees affecting customers’ credit records.
- 19:59
Brent crude rose above $100 a barrel as conflict around the Strait of Hormuz showed no clear path to peace, weighing on global markets and US equities.
- 18:15
A new crypto industry coalition is challenging proposed Reserve Bank and Treasury rules that would restrict cross-border crypto activity and effectively prevent stablecoin use.
- 18:21
South African cherries are set to enter China duty-free, opening a major market, although an agricultural economist warned the broader deal could pressure local industries through increased imports.
- 18:45
Growthpoint reported Gauteng office vacancies of 18.6%, while Western Cape and KwaZulu-Natal vacancies fell below 5%; the V&A Waterfront was below 1%.
- 19:20
Woolworths now charges a R52.50 monthly service fee on store cards even with zero balances; customers who missed unexpected fees say their credit records were damaged.