Many people consider their property as their sole investment. However, what happens when a home owner is faced with financial hardships and defaults on their mortgage bond repayments agreement between borrower and lender.
Amazon is investigating allegations that some of its staff sold confidential customer data to third party companies particularly in China, the online giant confirmed on Sunday.
The Democratic Republic of Congo wants special economic zones for its growing mining industry to encourage companies who export raw materials to transform them into finished products locally, president Kabila said this week at a mining conference.
Political analyst at the Tshwane University of Technology, Mashupye Maserumule, says political leaders should look into the framework of anti-apartheid activist, Steve Biko's Black Consciousness Movement to help combat poverty, unemployment and inequality.
Government and business owners in the North West province are working in silos.
BRICS is a step closer to establishing an Institute for Future Networks. This emerged from the declaration that was adopted at a summit of BRICS telecommunication ministers in Durban.
Argentines may be feeling the pinch of their country's economic woes, but for tourists, the troubled peso is proving a holiday boon.
Telecommunications and Postal Services Minister Siyabonga Cwele says South Africa must ensure it’s not left behind in the fast growing ICT industry.
Anglo American, one of the world’s largest commodities miners, has asked Angola for permission to explore for base metals, the country’s ministry for mines said on Friday.
The International Monetary Fund considers that Kenya’s external position is strong, its representative in Nairobi said on Friday, adding that the Fund would continue to support its reform efforts even though a stand-by loan deal has expired.
The SABC is contemplating retrenchments. However this will take place in consultation with unions.
The Passenger Rail Agency's Interim CEO, Sibusiso Sithole, says recovery plans are being crafted to help better the organisation.
Finance Minister Nhlanhla Nene says government is considering incentives for workers who want to exit the public sector early.
Aspen Pharmacare has agreed to sell its infant formula business to Lactalis for 12.9 billion rand ($865 million) to focus on core activities while the French buyer looks to revive its baby milk expansion after a health scandal.
South Africa’s Impala Platinum (Implats) is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss on Thursday.
Kenya’s stand-by loan deal with the International Monetary Fund has expired but the country will continue to talk to the Fund about what funding facilities it can access in future, Finance Minister Henry Rotich said on Thursday.
Data that Statistics South Africa has released shows a significant decline in mining production which decreased by 8.6% in July 2018, compared to June 2018.
South Africa’s rand raced to its highest in over a week on Thursday, erasing all of the losses suffered after the economy slipped into recession, as a rate hike in Turkey and Moody’s decision to hold fire on a downgrade boosted demand.
The Consumer Goods Council says it's looking at ways of assisting consumers to view details of each food product before buying it.
Rating agency Moody's says the current land debate is creating policy uncertainty in the country. Addressing the media in Johannesburg, Moody's Senior Credit Officer Lucie Villa says investors are more interested in how the land reform will be carried out.
Economists say although retail trade sales showed a slight improvement, consumers still face tough times ahead. Statistics South Africa reported that retail trade sales increasing by 1.3% in July 2018, from a 1.1% slowdown in June 2018.
South Africa’s business confidence fell in August to 90.5 from 94.7 in July after activity was hit by a decline in merchandise export volumes, a weaker rand and higher inflation, a survey showed on Wednesday.
Kenya’s central bank on Wednesday said it had fined five commercial banks a total of 392.5 million shillings ($3.89 million) in connection with the theft of funds at the National Youth Agency, a government body said.
South Africa’s Special Investigating Unit (SIU) will investigate whether a kickback of more than 35 million rand ($2 million) was paid for a state contract with German software firm SAP, a spokeswoman for the unit told Reuters.
Minister of Telecommunications and Postal Services, Siyabonga Cwele says South Africa has already made strides in the implementation of a broadband policy: South Africa Connect. Speaking at the ITU gathering underway in Durban, he emphasised the private sector’s contribution to ensure that the vast majority of South Africans are involved in activities of the internet. The pilot […]
The National Assembly on Wednesday will debate the fuel price crisis and how South Africa has slipped into a recession.
Transnet has announced it will start working on the R7.7 billion berth reconstruction project of the Durban Container Terminal (DCT).
Oil prices rose on Wednesday following a report of declines in US crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of a fragile global crude market.
The European Union could one day offer a free trade agreement to the whole of the African continent, European Commission President Jean-Claude Juncker will say in a keynote speech on Wednesday
South Africa’s industrial output expanded in July as food and motor vehicle output rose, easing pressure on an economy that recently slipped into recession and is struggling for investment amidst policy uncertainty and possible credit downgrades.