Energy analyst Chris Yelland says the current load shedding will have an impact on the GDP in the fourth quarter if it continues for more than a week.
South African Airways board member, Martin Kingston has outlined the implications of the national carrier being placed under business rescue, saying the workforce will remain employed.
South African President Cyril Ramaphosa has taken the decision to put South African Airways, the cash-strapped national flag carrier, into voluntary business rescue. Caroline Southey from the Conversation Africa asked Professor Marius Pretorius to explain how the process works.
Les Matuson has been appointed as a business rescue practitioner in South African Airways (SAA) voluntary business rescue process.
President Cyril Ramaphosa has met with Ghanaian President Nana Akufo-Addo at Jubilee House, the presidential palace in Accra, to strengthen bilateral, political and economic relations
Trade union Solidarity has welcomed the adopted resolution by government to place embattled South African Airways on business rescue.
Properties belonging to the African Global Group formerly known as BOSASA have been sold for a combined value of R85.5 million at an auction in Krugersdorp, west of Johannesburg.
Aviation Analyst, Guy Leitch says government's decision to place South African Airways (SAA) on business rescue is the best way of saving the airline.
The Public Enterprises Department has confirmed reports that national treasury will soon give South African Airways (SAA) a guarantee to enable it to approach lenders to get two-billion-rand of what it describes as post commencement finance.
The National Assembly has passed the 2019 Medium Term Budget Policy Statement and Adjustments Appropriation Bill.
The Parliamentary Committee conducting an oversight of the airline has confirmed that President Cyril Ramaphosa has ordered that embattled South African Airways (SAA) should be placed under business rescue.
Trade union Solidarity says the unconfirmed reports of South African Airways (SAA) going under voluntary business rescue, comes as a shock.
Algeria’s state-owned Sonatrach will block Occidental Petroleum’s (OXY.N) deal to sell Anadarko assets in Algeria to Total, Algeria’s energy minister told state news agency APS on Wednesday.
The SABC says it has managed to pay the outstanding amounts owed to most of its local content providers.
Grand Parade Investments (GPI) Ltd, which holds the Burger King franchise in South Africa, said on Wednesday it was in talks to sell a stake in the business, without giving a reason.
Old Mutual and its former CEO Peter Moyo will be back in court on Wednesday morning.
The Public Investment Corporation (PIC) says it has suspended legal proceedings against Steinhoff pending the finalisation of a mediation process.
The fuel price adjustments for this month will come into effect from midnight.
OUTA says it's ready to defend itself in the case that former South African Airways (SAA) board chairperson Dudu Myeni has brought against it.
Transport Minister Fikile Mbalula says the process of appointing permanent members of the Passenger Rail Agency of South Africa board is at an advanced stage.
Public Enterprises Minister Pravin Gordhan says government will seek various ways of reducing the cost of electricity.
Public Enterprises Minister Pravin Gordhan has again rubbished claims by some opposition parties that the new Eskom Chief Executive Officer, Andre de Ruyter, was appointed because Gordhan is against transformation.
Eskom has warned that debt owed is likely to balloon to R36 billion by the end of next year, if municipalities fail to pay.
President Cyril Ramaphosa is on a three-day West African tour. He has started his working visit to the Republic of Guinea on Tuesday. He'll then visit Ghana before ending his trip in Togo on Friday.
Numsa and the SACCA reject the statement issued by the Department of Public Enterprises where it states that, “the strike initiated by Numsa and SACCA caused immense damage to the reputation, operations and the deterioration of finances at SAA”.
South Africa's Gross Domestic Product (GDP) contracted by 0.6% quarter-on-quarter in the third quarter of 2019.
PIC says it is ready to resume with legal action against Steinhoff should the mediation process between the two entities fail.
Competition Commissioner, Tembinkosi Bonakele, says they have cited possible discrimination cases relating to data pricing among MTN and Vodacom customers.
The Executive Director of ICT Africa, Alison Gillwald, says a large number of people who are unable to afford current mobile data prices are set to gain significantly from the Competition Commission's latest order to Vodacom and MTN.
Trade and Industry Minister, Ebrahim Patel says government is prepared to do what is necessary to help ensure the reduction of data prices in the country.