South Africa's rand strengthened on Wednesday lunchtime after the ruling African National Congress gave President Jacob Zuma a deadline to resign or face a motion of no confidence in Parliament on Thursday.
Gold Fields said on Wednesday it had taken a R3.5 billion, or U.S.$278 million, impairment charge at its South Deep mine due to a below-forecast gold price and a slower ramp up of production for the year ended 31 December 2017.
The rand held its ground against the U.S. dollar on Wednesday even as uncertainty swirled around President Jacob Zuma's future, hours after his ruling ANC party said it had recalled him from his post.
Cash Paymaster Services has asked the Constitutional Court to amend its judgment ordering that a new service provider should take over social grant payments after March 2018.
The South African Chamber of Commerce and Industry on Tuesday welcomed the decision by the African National Congress to recall President Jacob Zuma as Head of State.
Resorts in the Nelson Mandela Bay have become derelict and vandalised.
The consumer goods sector continues to experience growth pressures as a result of a weak economy.
U.S. President Donald Trump said on Monday he would push for a “reciprocal tax” against countries, including U.S. allies, that levy tariffs on American products.
Cape Town’s water shortage is spooking international tourists. A city twinning agreement between New York City & company and Cape Town tourism kicks off on Monday.
The South African Reserve Bank (Sarb) confirmed on Monday the Bank of Baroda, India's state-owned international bank, has notified the registrar of banks of its exit from South Africa.
The University of Cape Town says the subsidies by the Higher Education Department will ease the financial pressure on some families.
Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund said on Sunday.
The world's leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their fortunes around, but they remain cautious and are unlikely to rush out on a new spending spree just yet.
The KwaZulu-Natal Department of Social Development has launched a learnership program for over five-hundred young people from disadvantaged backgrounds in the province.
Economist Azar Jammine has warned that South Africa can forget about sustaining the current positive economic sentiment if the government implements some of the ANC policies.
South African Tourism says tourists should not cancel their trips to Cape Town as the so called "water crisis" is not unique to the Western Cape but is a global issue.
Brand SA has warned that any further delay in finding a solution to the country's leadership transition will scare away potential investors and in turn worsen unemployment and poverty.
Matjhabeng municipality in the Free State says it simply cannot afford to settle its more than R1 billion water bill with Sedibeng Water.
Public Protector Advocate Busisiwe Mkhwebane says she's not completely happy with her Estina Dairy farm report because she could not investigate other important aspects due to budgetary constraints.
Stanbic Zambia says mining remains a significant sector of the southern African country's economy as it generates the largest amount of revenue for the government through taxes.
Eskom’s financial crisis could soon be over. The power utility says local financial institutions are now queuing up to lend it money following the recent drastic changes in its management, with a new board being announced. Eskom needs R20 billion to stay afloat until the end of its financial year next month. It’s already received […]
The power utility says local financial institutions are now queuing up to lend it money following the drastic changes in management recently.
Barkley West residents in the Northern Cape demand that Dikgatlong Municipality be placed under administration and its entire council be dissolved.
International air freight cargo volumes are on the increase in KwaZulu-Natal, signalling positive growth patterns for trade in the province.
The Cape Chamber of Commerce and Industry has expressed concern over the delay in determining President Jacob Zuma's fate.
After months of under performance on global currency markets, the rand continues to strengthen on the back of a strong dollar and hope of a new political administration in South Africa.
The Congress of South African Trade Unions has called for the closure of Sibanye Gold mining company, citing its poor safety record.
The acting Secretary to Parliament, Baby Tyawa, is currently determining the costs involved in postponing the State of the Nation Address.
The National Union of Mineworkers said on Wednesday that it was saddened that the two mineworkers who were trapped underground at Sibanye-Stillwater's Kloof mine had died.
Two miners are trapped underground following a ground-fall at Sibanye Gold's Kloof gold mine on Gauteng's West Rand.