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.
The results of an investigation launched in 2017 by the Competition Commission about the high prices of school uniforms will be released soon.
South Africa's rand continued to trade sideways on Tuesday, inching weaker against the dollar with investors looking to hold positions ahead of a local interest rate decision later this week.
The Organisation Undoing Tax Abuse (Outa) says they're elated following news reports that the Asset Forfeiture Unit is expected to serve summons on Tuesday on Gupta linked Trillian and consultancy firm, McKinsey for deals they had with Eskom and Transnet.
The Ntsebeza Commission set up by the Institute of Chartered Accountants will close submissions in three days.
UNTU said on Monday that it will be consulting its members about the latest and "absolute final" wage offer tabled by South African freight and logistics group, Transnet.
Communications minister Mmamoloko Kubayi-Ngubane says she is not aware of any appointment of a new COO for the SABC.
Embattled South African international retail holding company, Steinhoff International, has withdrawn its sponsorship of the Springbok Men's and Women's, and SA Rugby Sevens Academy teams.
The Chairperson of the Standing Committee on Finance, Yunus Carrim has hit back at the DA Member of Parliament David Maynier for what he calls "political posturing."
Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America. Brent crude futures LCOc1, the international benchmark for oil prices, were at $69.89 per barrel at 0308 […]
Luxury goods group LVMH’s watch and jewellery sales rose more than 10 percent last year, the head of the group’s Hublot brand said on Sunday. “For Hublot, sales were up 12 percent in 2017. The rise was more than 10 percent for the watch and jewellery business as a whole,” Hublot Chief Executive Ricardo Guadalupe […]
Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US economic sanctions.
Economic Freedom Fighters in Tshwane is calling on malls and shopping centres to evict clothing store, H&M from their premises. EFF members stormed the H&M store in Menlyn, east of Pretoria, protesting over offensive inscriptions on clothes. Inscriptions include “Coolest monkey in the jungle” on clothes modeled by a black boy and “Survival Expert on […]
The newly-elected African National Congress leadership received a warm welcome in East London during the party's 106 birthday celebrations.
Economic Freedom Fighters members have reportedly stormed shops of retail store H&M in Pretoria and Johannesburg.
With the summer weather upon us and the high humidity expected at a coastal town, summer items like flip flops, tshirts and caps have been flying off the shelves ahead of the ANC 106 celebrations in East London.
The South African Agricultural Industry (AgriSA) says they are concerned about the brutality and violence on farmers.
A group of South African investors want to join a Dutch class action suit against Steinhoff.
The Independent Regulatory Board for Auditors (IRBA) said on Friday that one of the lines of investigation into embattled audit firm KPMG was nearing completion and would be tabled at the upcoming investigating committee, while others are progressing satisfactorily.
The City of Johannesburg has terminated the contract of a senior official, responsible for trade and investment projects.
South African Airways (SAA) says a code sharing scheme between itself and Angolan Airways will provide reduced operation costs for the two airlines and more flights for passengers
Cape Town Mayor Patricia de Lille has once again stated the importance of imposing a drought levy in the Western Cape. De Lille has called on council to approve the levy which will affect more than 460 000 households in the midst of the worst drought in the province in decades. In a lengthy statement […]
Early reports on the December 2017 peak tourism month shows high growth figures in international arrivals, as well as an increase in visitors across the Western Cape.
The Progressive Youth in Business in the Eastern Cape has called on Finance Minister, Malusi Gigaba to fast-track the implementation of Radical Economic Transformation.
Newly elected president of the ANC and South Africa’s Deputy President Cyril Ramaphosa will lead the South African delegation to the 48th World Economic Forum (WEF) annual meeting that will take place in Davos-Klosters, Switzerland, later in January.
Canada has launched a wide-ranging trade dispute against the United States, challenging Washington’s use of anti-dumping and anti-subsidy duties, Canada said in WTO filing dated Dec. 20 and published on Wednesday. Canada appeared to be mounting a case on behalf of the rest of the world, since it cited almost 200 examples of alleged U.S. […]
The African National Congress' (ANC) January 8 statement due to be delivered over the weekend is set to be a major boost for the business community in East London.
The National Union of Metalworkers of South Africa said on Tuesday it rejected proposed changes to the country's labour laws which it says would limit the right to strike.