RC 261027Power FMTehillah Niselow
Tuesday, 27 October 2026
Tuesday's Power Business covered rising costs, from a R1.1-trillion logistics bill to retirement savings gaps and small business views ahead of the local government elections.
- 19:03
The Construction Industry Development Board has deregistered 65 contractors for submitting fraudulent documents, fake financial statements or embellished work experience, and plans audits using forensic accountants.
- 19:09
South Africa's national logistics costs are projected to reach R1.1 trillion in 2026, equivalent to 14.6% of GDP, according to the State of Logistics 2026 report commissioned by Absa and the Western Cape Government.
- 18:57
South Africa ranked 51st of 55 countries in the 2026 Global Pension Index, and the average member contribution of 11.2% falls well short of the 15% researchers say is needed for a reasonable retirement.
- 19:21
70.4% of surveyed SME owners have already decided who they will vote for in the 2026 local government elections, with another 17.5% confirming they will vote but remaining undecided.
- 18:35
South Africa earns around $1.1 billion from table grape exports, about 8% of its roughly $15 billion in agricultural exports, as this season's harvest looks promising.