South Africa's Trade and Industry Department on Friday applauded a R100 million investment by Whirlpool in a new manufacturing line in KwaZulu Natal province it said was expected to create about 100 new jobs.
Yet another executive has resigned at Eskom.
The High Court is to hear an urgent application by 20 companies belonging to the Gupta family to prevent the Bank of Baroda from shutting down.
Numsa has rejected the proposed increases in value-added tax, the fuel levy and road fund levy, saying these hikes were an attack on the working class and the poor.
NUM says workers of the Gupta linked Optimum Coal Mine in Mpumalanga will not return to work until all the workers have been paid their salaries.
Rating agency S & P Global says it is cutting its rating on Eskom to 'CCC+' and 'zaB' from 'B-' and 'aBB-'.
There was no reason to place Optimum Coal Mine into business rescue other than the financing woes of Tegeta Exploration and the now fugitive Gupta family, Parliament's portfolio committee on mineral resources heard on Wednesday.
Former SAA board chair Dudu Myeni is to be subpoenaed after she failed to arrive at the Eskom Inquiry into state capture being held in Parliament.
Watch Parliament's Portfolio Committee on Public Enterprises inquiry into corporate governance at Eskom.
S&P Global Ratings has downgraded the credit rating for Eskom to triple-C-plus from B-minus.
Thousands of South African Small, Medium and Micro-sized Enterprises (SMME) owners will be given an opportunity to showcase their offerings to businesses from across world at the Meetings Africa conference taking place in Sandton, Johannesburg.
An Indian investigative group has released a report that lends credence to claims that the Gupta family used the Baroda Bank to funnel money out of South Africa.
Agriculture remain the backbone of the economy in the Western Cape despite the drought that has a devastating effect on the sector.
South Africa’s newly appointed Finance Minister Nhlanhla Nene said on Tuesday after being sworn into office that his department has lined up meeting with rating agencies. Speaking to Reuters minutes after being sworn in parliament, Nene said it was too early say if South Africa will be downgraded by Moodys, which rates the country a […]
Tom Moyane, the Commissioner for Sars, on Tuesday welcomed and congratulated Nhlanhla Nene in his re-appointment as the new finance minister.
Just weeks after the Indian bank , Bank of Baroda announced it will be exiting the country in March, a new report by the Organized Crime and Corruption Project has detailed how deeply involved the bank was in the Gupta scandal.
A deputy director of the national treasury, Mampho Modise says a system of free tertiary education is the right step to support needy students and ensure that the majority of South Africans have access to study further after matric.
Chief Executive Officer of Industrial Development Corporation (IDC), the Ministry of Economic Development's funding agency, Geoffrey Qhena says they are taking the Gupta's Oakbay Resources to court, to recoup R285 million of the loan they made to the Guptas to buy the mine.
Disgraced Hollywood mogul Harvey Weinstein's former studio appeared to inch closer toward bankruptcy Monday over complaints that talks to buy the troubled production house had collapsed, leaving it with "no choice" but to go to the wall.
The rail agency, PRASA, says security will be improved on Cape Town's central line after it was reopened last week.
Business Leadership South Africa says it welcome changes to the National Executive as announced by by President Cyril Ramaphosa on Monday evening, especially changes in National Treasury.
The Coega special economic zone has hosted a supplier development day.
Sars on Monday announced that it has crossed the psychological threshold of the R1 trillion mark in its revenue collection efforts, making it the third year in a row that SARS reached this milestone.
The National Union of Mineworkers (NUM) together with Optimum Mine will meet with a business rescue expert on Tuesday to try to find possible solutions.
A group of 20 South African companies specialising in agro-processing, chemicals, clothing and textiles, forestry, furniture, creative industries, built environment, and capital equipment will exhibit their products and services at the Ghana International Trade Fair in Accra.
The City of Cape Town has launched a three-year development programme to assist thousands of unemployed residents from poor communities to find job opportunities.
Labour federation SAFTU General Secretary Zwelinzima Vavi describes President Cyril Ramaphosa as an “old wine in a new bottle," saying his recent promises on job saving and creation are just rhetoric.
The National Union of Mineworkers says it's concerned that over 1700 employees at the Evander Gold Mine in Mpumalanga will be retrenched.
Democratic Alliance (DA) leader, Mmusi Maimane, has launched the petition against the raising of VAT by one percentage point to 15%.
Cosatu has welcomed President Cyril Ramaphosa's call for one million jobs to be created in the country over the next three years.