The president of the African Change Academy Party, Wandile Tsipa has slammed calls by the EFF for the nationalisation of the Reserve Bank.
Bolstered by a period of extraordinary monetary stimulus followed by generous tax cuts, Wall Street stands at the cusp of another landmark this week. The US stock market on Wednesday will mark 3,453 straight days without suffering a drop of 20 percent. That makes it the longest “bull market” since World War II, according to […]
Limpopo's Treasury Department has appointed a forensic team to investigate alleged irregularities against ten municipalities that invested with the troubled VBS Mutual Bank.
Transnet CEO Siyabonga Gama and two other executives have until the end of Monday to give reasons why they should not be suspended.
Newly announced Loeries chairperson Tseliso Rangaka says the multi-billion dollar brand communication industry still needs to undergo transformation.
A new R114 million substation has been commissioned to increase electricity generation in Atlantis on the Cape West Coast.
Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking.
Reclusive titan of industry Jim Ratcliffe has found himself under unusual scrutiny after being declared Britain's richest man, with his political leanings and tax affairs coming under the microscope.
The plunge in the price of copper by more than 20 percent since the beginning of June has worried analysts who see it as a bad signal for the global economy.
Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation.
Labour Minister Mildred Oliphant says it's important for children to perform tasks equal to their age that would help nurture them and not abuse their well-being.
Minerals Council South Africa has launched a National Day of Safety and Health in mining to improve the sector's safety performance.
Four learners from Krugersdorp High School in Gauteng have won R10 000 each in the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) Schools Challenge.
South Africa has urged the private sector to play a greater role in the development of SADC countries.
The Office of the ANC Chief Whip in Parliament Jackson Mthembu says the ANC caucus will engage and scrutinise the EFF's proposed amendments to the Reserve Bank Act at a committee level to decide on the desirability of the Bill and if it is in line with ANC policy.
South Africa’s Harmony Gold said on Friday its full-year earnings would be lower than last year due to impairments against a number of its mines as well as foreign exchange losses.
Opposition firebrand Julius Malema introduced a bill to nationalise South Africa’s central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling markets wary of threats to the institution's independence.
Economic Freedom Fighter leader Julius Malema has proposed legislation changes to nationalise the Reserve Bank.
United Democratic Movement leader Bantu Holomisa has welcomed President Cyril Ramaphosa's appointment of a commission of inquiry into the alleged improprieties at state-owned fund manager the Public Investment Corporation.
The National Union of Mineworkers says it's ready to sign Eskom's three year wage agreement on condition that the power utility does not press ahead with its intention to discipline its workers.
AMCU president, Joseph Mathunjwa has warned that members of his union will go on strike for a year if Impala Platinum carries out plans to cut up to 13400 jobs.
The National Treasury says the commission of inquiry that President Cyril Ramaphosa has appointed to investigate state-owned fund manager Public investment Corporation (PIC) will look at matters related to governance failures.
Taxi bosses are meeting behind closed doors with provincial and municipal traffic authorities in George in the Southern Cape.
Investors want to see an urgent resolution to the standoff between Eskom and trade unions NUMSA, NUM and Solidarity.
"Look at this, I have sold nothing!" said Cemile Baykal, sitting in front of piles of vegetables untouched on her Ankara market stall.
The chief executive of Transnet and two other senior officials have been told they will be suspended, the chairman of the state-owned logistics utility said on Wednesday, without giving a reason for the possible suspensions.
Numsa and NUM, have re-iterated their demand that Eskom refrain from disciplining employees who participated in the unprotected strike over the last few weeks.
Eskom has declared a dispute with trade unions NUMSA and NUM over the precondition that the unions introduced as part of the wage negotiations.
South African Express is expected to be back in the air soon. SA Express was grounded in May this year due to safety issues.
South Africa's rand slumped on Wednesday as ratings agency Moody's warned that the pace of fiscal consolidation in Africa's most industrialised economy had slowed.