Thursday, 3 September 2026

South Africa’s illicit economy is estimated at R280 billion across 12 sectors, costing R126 billion in GDP and displacing more than 87,000 formal jobs.

Santam reported a 7% rise in headline earnings per share despite R1.5 billion in weather-related catastrophe losses and more than R12 billion paid in claims.

Discovery Bank delivered its first full year of profit, surpassing 1.6 million clients and adding more than 1,500 clients daily as part of Discovery’s superbank strategy.

The red-meat industry is importing two million foot-and-mouth disease vaccine doses monthly, while 970,000 doses were already pre-ordered by livestock producers.

Workplace GBV policies are widespread, but employees still fear retaliation and distrust reporting systems; stronger leadership accountability, trained managers and survivor-centred channels were urged.