R1,6 billion in mining contracts, awarded by the world's third largest platinum producer, Lonmin to the Bapo Ba Mogale community near Brits in the North West, are at risk of total collapse.
Vodacom says it will fully comply with the competition commission’s investigation into compliance on the national treasury's transversal contract for mobile communications services.
Finance ministry spokesperson, Mayiholme Tshwete says Michael Sachs has expressed an interest to move to other areas of government to continue serving the public in a different role.
The rand has lost more than 1% on Monday morning against the US dollar following unconfirmed media reports of the resignation of budget office head, Michael Sachs.
Trade union Bemawu has expressed shock at a bonus payment awarded to SABC acting group CEO Nomsa Philiso.
The Presidency says President Jacob Zuma has no plans to announce a programme for free higher education until he reviews the report of a commission studying the feasibility of such a programme.
National Assembly Speaker, Baleka Mbete, says she will speed up processes in Parliament which deal with problems facing the taxi industry in the country.
Stakeholders from various sectors have pleaded with the Nersa to consider the impact of Eskom's latest application for tariff hikes.
Reserve Bank Governor Lesetja Kganyago has been confronted by questions about the Reserve Bank's independence among a host of issues being addressed at the SA Tomorrow Investor Conference in New York.
South Africa's rand eased on Friday, extending losses triggered on Thursday after comments by President Jacob Zuma raised concerns about higher spending on education, which would put added strain on the country's already stretched public finances.
Finance Minister Malusi Gigaba says United States investors are concerned with the country's fiscal consolidation, stabilizing the debt and political uncertainty that is hurting the country's economic growth prospects.
Oil markets were little changed on Friday, supported by on-going supply cuts and strong demand, although the prospect of rising US shale output capped prices around recent gains.
Volkswagen South Africa says it will be an injustice if SARS is allowed to tax the investment incentive used to improve the automotive industry.
The National Treasury says municipal debt owed by households, commercial entities as well as state organs has escalated to R128 billion.
President Jacob Zuma says the fact that South Africa was recently able to move out of a technical recession despite tough economic conditions, is proof that the economy is moving in the right direction
Rating agency, Moody's this week flagged South Africa's downgrade as important because of the country's weakening institutions, declining growth and increasing debt levels.
Former Finance minister Pravin Gordhan has encouraged the members of the Business Ethics Network of Africa, or Ben-Africa, to lead the way in upholding good and ethical business standards.
The National Union of Mineworkers has confirmed that it plans to embark on a strike in the coal sector.
Free State Premier Ace Magashule has lashed out at mining companies for focusing on dividends rather than on the plight of people.
Suspended Head of Legal Services and Governance at Eskom Suzanne Daniels has confirmed that she met the Gupta family through their associate, Salim Essa. Daniels was testifying in Parliament before the Public Enterprises Committee Inquiry into State Capture and poor governance. Daniels has been grilled for, among other things, coal contracts that the power utility […]
Minister in the Presidency Jeff Radebe has announced a hybrid payment system, involving both the Post Office and the social security agency, SASSA.
The Inter-Ministerial Committee (IMC) into the payment of social grants says it has taken a decision to fast-track the introduction of an integrated grants payment system. It will be provided through a partnership between the South Africa Post Office and the Social Security Agency (Sassa). This follows a breakthrough in the social grants impasse. The […]
The South African Post Office and the social security agency Sassa are reported to have reached a social grants agreement.
The Public Enterprises Committee continues its probe into Eskom, former executives to appear.
Scopa is giving an update from National Treasury on Review of points of impasse between the South African Social Security Agency (Sassa) and the South African Post Office (Sapo).
The rand firmed against the dollar early on Wednesday, staging a recovery from losses suffered in the previous session in a broad emerging markets sell-off and as lingering concerns over the health of the economy weighed.
Transport Minister Joe Maswanganyi has called on all striking members of the National Taxi Alliance to demonstrate peacefully and avoid disruptions.
EFF leader Julius Malema says South African banks have failed to transform.
No roads have been barricaded in Pretoria despite the planned taxi strike Wednesday.
Economic Freedom Fighter leader Julius Malema says his party will propose legislation that would give effect to the nationalisation of banks without compensation.