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Kabelo Khumalo

I am in the business of writing the first draft of history. Nothing gives me greater joy than Kaizer Chiefs beating Orlando Pirates.

Municipal dysfunction remains the biggest risk to faster growth. Picture:

Accounting 101: Eastern Cape gets experts in to teach officials

Officials to receive training as province seeks better governance and cleaner audits

  • Kabelo Khumalo
Licensed operators are subject to strict regulatory safeguards that are largely absent in the illegal market. Picture:

SA’s gambling problem: R50bn of illegal online betting, zero local tax

SA finally moves against illegal online gambling platforms

  • Kabelo Khumalo
Pick n Pay CEO Sean Summers has forfeited some of his performance-based shares
COMPANIES

Summers forfeits R21m in shares as Pick n Pay turnaround slips

The retailer says Sean Summers' fixed-term contract has been extended to May 2028

  • Kabelo Khumalo
SpaceX founder and CEO Elon Musk speaks via videolink on the day of SpaceX's initial public offering at the Nasdaq MarketSite in New York, the US, on June 12 2026. Picture:

ANALYSIS | Elon Musk’s wealth equals 72% of all SA tax collected since 1997

Trillionaire's fortune is three times bigger than the economy of his country of birth

  • Kabelo Khumalo
Minister of tourism Patricia de Lille. File photo:

De Lille kept in the dark as tourism department’s assets go ‘missing’

An asset verification exercise by the department of tourism has revealed a gap between its asset register and the assets in its possession — a state of affairs minister Patricia de Lille has apparently been kept in the dark about

  • Kabelo Khumalo
Africa’s wealthiest person, Aliko Dangote. Picture: ERNEST ANKOMAH/GETTY IMAGES
ENERGY

Standard Bank backing boosts Dangote’s refinery IPO

Africa’s biggest lender announces leading role in IPO of continent’s largest oil refinery

  • Kabelo Khumalo
SAB warned that the beer industry risks being overrun by the black market if the National Treasury follows through on its plan to hike taxes by 20% for beer with higher alcohol content in a bid to channel consumers to low-alcohol beers.

SAB warns 20% high-alcohol beer tax could fuel SA’s illicit trade crisis

South African Breweries warns move could push consumers towards cheaper illicit alcohol

  • Kabelo Khumalo
President Cyril Ramaphosa is eager to put forward a coherent plan that will not leave Eskom in a worse financial position. Picture:
ESKOM

Ramaphosa extends deadline for Eskom’s grid-split plan

Task team was given three months to deliver unbundling plan for transmission assets

  • Kabelo Khumalo
South Africa’s vehicle trade deficit with China hit R57.7bn last year, intensifying pressure on the government to secure better trade terms

SA’s vehicle trade deficit with China and India hits R90bn

Growing imports widen vehicle trade gap and intensify pressure on local producers

  • Kabelo Khumalo
The plan forms part of Eskom’s broader strategy to support localisation of the renewable energy value chain. Picture: FREDDY MAVUNDA

Eskom plans solar panel factory to power 750,000 homes

Solar project could anchor local solar manufacturing and repurpose ageing coal assets

  • Kabelo Khumalo
The Information Regulator's code applies to residential and commercial premises with access control. Picture: Sunday Times
PROPERTY

Why asking for your ID at boom gates could become illegal

Popia code proposes strict limits on visitor data collection at gated sites

  • Kabelo Khumalo
Planes parked at OR Tambo International Airport in Kempton Park, Johannesburg. Picture: Business Day/

State weighs increased private involvement at major airports

Airports Company of South Africa commits R21.7bn for upgrades over five years

  • Kabelo Khumalo
The IDC, a lender of last resort, has increasingly been forced to step up and bail out stalwarts of South Africa’s industrial base — including ArcelorMittal South Africa.
COMPANIES

IDC’s status put to the test in bid to save Tongaat Hulett

IDC grants Tongaat Hulett two-month reprieve with R200m lifeline

  • Kabelo Khumalo
Customers waiting outside VBS Mutual Bank. They are victims of looting from the bank, from which about R2bn was syphoned in less than five years. File photo

Disgraced VBS auditor barred for life

Sipho Malaba also ordered to pay nearly R11m in fines and costs of the hearing

  • Kabelo Khumalo
Parks Tau, minister of trade, industry & competition. Picture:

Law cracks down on spam calls as marketers face fines or ban

Anti-spam rules require opt-in marketing and provide for fines for spam callers

  • Kabelo Khumalo