For the first time in the history of professional football in Sub-Saharan Africa, the Premier Soccer League has declared a record R1 billion in revenue for the 2018/2019 financial year.
The rand rose in thin Asian trading on Monday as investors were seemingly relieved that Moody’s had only downgraded the ratings outlook for the country’s debt and did not cut it to junk as some had feared.
Durban will soon be home to over eight kilometres of pristine promenade space along the city’s main beaches, and work is expected to begin early next year on the development of a mall, a five-star hotel and a residential property.
Toyota Motor’s Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop zero-emissions vehicles, the head of the brand said on Wednesday.
The rand has weakened by around 1% to R15 to the dollar ahead of the opening of the Johannesburg Stock Exchange.
Technology publication ‘My Broadband’ claims that the personal information of South Africans who applied for home loans through major banks in the last ten years, was exposed through a security flaw.
More than R14 million worth of counterfeit goods have been confiscated by police at the China Multiplex storage facilities in the Johannesburg CBD.
The Judicial Service Commission has fined Judge Nkola Motata over a million rand for misconduct.
South Africa’s rand was little changed early on Wednesday as traders took profits on the dollar and braced for more volatility, with hopes fading for a trade truce between the United States and China.
The South African Municipal Workers’ Union (Samwu) is expected to meet the Rand West City Local Municipality management this week to deal with workers’ grievances.