Productivity improves in Port of Ngqura following go slow

15 July 2019, 4:31 PM
Productivity has improved at the Port of Ngqura in Port Elizabeth following a two weeks "go slow" by workers over incentives.
Eskom mired in new corruption scandal 19 January 2018, 5:31 PM

The power utility is now mired in a new corruption scandal.

Operation Phakisa in full force with oceans economy in PE 19 January 2018, 5:07 PM

The keel-laying of the first tug boat to be built in Port Elizabeth is seen as another step in developing oceans economy as part of Operation Phakisa in South Africa.

Vodacom apologises for phone line inconvenience 19 January 2018, 11:10 AM

Cell phone provider Vodacom says its Gauteng based customers should now be able to make and receive calls.

Developing mining communities a priority: Anglo Platinum 19 January 2018, 6:33 AM

Platinum mining giant, Anglo Platinum, says it regards development as a priority and will continue assisting the mining communities.

Kganyago to chair IMF Committee 18 January 2018, 5:27 PM

Reserve Bank Governor Lesetja Kganyago has been selected to Chair the International Monetary and Financial Committee of the International Monetary Fund for the next three years.

Local tobacco farmers lament illicit trade 18 January 2018, 5:04 PM

If government succeeds in combating crime, then at least three-thousand jobs can be created by tobacco alone.

Disappointment as Reserve Bank keeps repo rate unchanged 18 January 2018, 4:37 PM

Chief economist at ETM Analytics, George Glynos, has expressed disappointment at the announcement of the repo rate remaining unchanged at 6.75%. Reserve Bank Governor, Lesetja Kganyago, made the rates announcement in Pretoria, following the bank's first Monetary Policy Committee meeting this year.

LIVE STREAM: MPC’s interest rate announcement: 18 January 2018 18 January 2018, 3:11 PM

MPC’s interest rate announcement: 18 January 2018

‘Ramaphosa is capable of stimulating economy’ 18 January 2018, 12:19 PM

Finance Minister Malusi Gigaba says Deputy President Cyril Ramaphosa is capable of selling the country to investors. Ramaphosa will lead a South African delegation to the World Economic Forum which will take place from January 23-26.

Deadline looms for taxpayers owing SARS money 18 January 2018, 11:32 AM

The South African Revenue Service (SARS) is reminding individual taxpayers who filed personal income tax returns in 2017, were assessed and found to owe SARS money, that they have until January 31 to pay.

ANC committed to renewing SA’s economy: Ramaphosa 18 January 2018, 11:28 AM

Deputy President and ANC President Cyril Ramaphosa says the governing party is taking active steps to renew South Africa and its economy.

WATCH: Finance Minister holds briefing on World Economic Forum 18 January 2018, 9:58 AM

Finance Minister Malusi Gigaba is currently holding a briefing on the World Economic Forum.

Reserve Bank likely to cut interest rates: Economists 18 January 2018, 9:18 AM

Many economists say the Reserve Bank is likely to cut interest rates by 25 basis points on Thursday.

US firm feels the heat over Gupta ties 18 January 2018, 8:36 AM

Companies around the world are facing more negative press as South African authorities start bringing criminal charges for their activities related to Gupta-owned businesses.

WATCH: Cyril Ramaphosa’s keynote address at Pre-WEF breakfast 18 January 2018, 7:57 AM

Deputy President, Cyril Ramaphosa is giving a keynote address at the Pre-World Economic Forum breakfast taking place ahead of team SA's departure to the WEF Davos Annual Meetings.

HSBC, Standard Chartered under probe over Gupta ties 18 January 2018, 7:27 AM

UK headquartered banks HSBC and Standard Chartered are under investigation by the Financial Conduct authority there, on whether they facilitated money laundering as a result of their ties to the Gupta family. 

Dischem workers demand recognition of union 18 January 2018, 6:37 AM

Hundreds of workers at pharmaceutical retailer, Dischem, have downed tools.

Regulatory fears hammer bitcoin below $10 000 18 January 2018, 5:49 AM

Bitcoin fell as much as 20% on Wednesday, piercing below $10 000, while other crypto currencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.

Zuma urges foreign companies to invest in SA 17 January 2018, 9:18 PM

President Jacob Zuma has urged foreign governments to encourage their companies to increase foreign direct investment in South Africa.

Prasa train derails due to vandalism in Germiston 17 January 2018, 7:36 PM

A train derailed in Germiston, Gauteng, on Wednesday, reportedly due to vandalism of the passenger railway system.

Unisa adamant workers will be back at work on Thursday 17 January 2018, 6:40 PM

Members of Nehawu at Unisa downed tools on Wednesday morning after reaching a deadlock over salary increment with the institution.

SA’s retail sales enjoy biggest jump since 2012 17 January 2018, 3:03 PM

South African retail sales jumped in November by their biggest margin in more than five years.

Scandal-hit KPMG SA appoints new chair 17 January 2018, 10:01 AM

The South African arm of global audit firm KPMG said on Wednesday it had appointed veteran public servant and former chairman of the Development Bank of Southern Africa Wiseman Nkuhlu as its chairman.

Expert cautions NPA over corporate crime 17 January 2018, 9:00 AM

An expert in corporate crime, Bernard Hotz has warned authorities against making criminals know their intention to arrest them. 

Bitcoin jolted by regulation worries, falls 7% 17 January 2018, 7:59 AM

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than 7% on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year. The price of the world’s biggest and best-known crypto currency fell to […]

SAA cancels flights to Mauritius on cyclone fears 17 January 2018, 6:48 AM

South African Airways has cancelled flights between Johannesburg and Mauritius from Monday because of Cyclone Berguitta.

The Gupta brothers Ajay, Atul and Rajesh relocated to South Africa from India in 1993.
Hawks wait for NPA directive on Guptas 16 January 2018, 9:55 PM

The Hawks have denied claims that the Gupta brother’s arrests are imminent.

Mining sector steadily coming out of stagnation 16 January 2018, 6:38 PM

The mining sector is slowly but surely recovering out of the doldrums.Mining production output increased by 6.5 % year on year in November 2017.

All eyes on Reserve Bank Monetary Policy Committee 16 January 2018, 3:27 PM

All eyes are on the Monetary Policy Committee of the Reserve Bank as it meets this week amid calls that the bank cut rates to stimulate economic growth.

Shoprite interim turnover up by 6.3 % 16 January 2018, 12:40 PM

Retail group Shoprite said on Tuesday its turnover increased by 6.3% for the six months to December 2017, compared to 14% previously, with operations outside South Africa declining.