The power utility is now mired in a new corruption scandal.
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.
Cell phone provider Vodacom says its Gauteng based customers should now be able to make and receive calls.
Platinum mining giant, Anglo Platinum, says it regards development as a priority and will continue assisting the mining communities.
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.
If government succeeds in combating crime, then at least three-thousand jobs can be created by tobacco alone.
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.
MPC’s interest rate announcement: 18 January 2018
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.
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.
Deputy President and ANC President Cyril Ramaphosa says the governing party is taking active steps to renew South Africa and its economy.
Finance Minister Malusi Gigaba is currently holding a briefing on the World Economic Forum.
Many economists say the Reserve Bank is likely to cut interest rates by 25 basis points on Thursday.
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.
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.
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.
Hundreds of workers at pharmaceutical retailer, Dischem, have downed tools.
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.
President Jacob Zuma has urged foreign governments to encourage their companies to increase foreign direct investment in South Africa.
A train derailed in Germiston, Gauteng, on Wednesday, reportedly due to vandalism of the passenger railway system.
Members of Nehawu at Unisa downed tools on Wednesday morning after reaching a deadlock over salary increment with the institution.
South African retail sales jumped in November by their biggest margin in more than five years.
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.
An expert in corporate crime, Bernard Hotz has warned authorities against making criminals know their intention to arrest them.
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 […]
South African Airways has cancelled flights between Johannesburg and Mauritius from Monday because of Cyclone Berguitta.
The Hawks have denied claims that the Gupta brother’s arrests are imminent.
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 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.
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.