De Beers, once a dominant force in the diamond industry, is under severe pressure due to declining demand for natural diamonds and increasing competition from lab-grown alternatives.
The CIPC is set to deregister 800,000 non-compliant companies to tackle inactivity, enforce compliance, and streamline South Africa’s business register.
Standard Bank has warned consumers to be wary of scammers exploiting common New Year activities like job searches, school enrollments, and university applications.
To combat alcohol-related road accidents, the Deputy Transport Minister has proposed a levy on alcoholic beverages to fund the Road Accident Fund and road safety initiatives.