Tourism Minister Lindiwe Sisulu says they have learnt that tourism contributed more to the Gross Domestic Product under lockdown than under normal circumstances.
The Cape Town High Court has approved over R24 billion in settlement claims in the Steinhoff case on Monday.
The Department of Employment and Labour Inspection and Enforcement Services in the Western Cape are conducting mega-blitz inspections
Nigeria's government has suspended plans to remove its long-standing subsidy on petroleum products in July, Finance Minister Zainab Ahmed said on Monday, saying the timing was "problematic" amid rising inflation.
Transport Minister Fikile Mbalula has announced a multi-billion rand private investment by companies operating in the Port of Durban, the Richards Bay harbour, and in the Port of Ngqura in Gqeberha in the Eastern Cape.
The National Treasury has outlined its plans for the over R11 billion loan that the World Bank approved for South Africa.
The rand has strengthened by nearly two percent last week against a basket of major currencies and has been the best performing emerging markets currency so far this year.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters.
Farmers in parts of the Free State say they are facing a challenging period, with major losses of their wheat yield as a result of heavy rains. Consistent rains since November have left the groundwater locked and washed away some of the crops.
Bitcoin dropped 9.28% to $36,955.03 at 22:02 GMT on Friday, losing $3,781.02 from its previous close.
Eskom says the risk of planned power outages remains low this year. This is despite the big maintenance plan at its Koeberg Nuclear Power station in Cape Town that is set to take over five months.
The country's first black female brewer turned to social media after the company’s closure during the COVID-19 pandemic. Mawela turned to social media to market Tolokazi beer. This caught the attention of Beer52.
The executive board of the International Monetary Fund (IMF) approved on Friday a three-year extended credit facility worth about $455 million for the Republic of the Congo, the IMF said.
Chief Executive Officer of the Tourism Council of South Africa Tshifhiwa Tshivhengwa says they have embarked on an advocacy programme in a bid to start to promote the country again as an attractive tourist destination.
Energy expert, Clyde Mallinson says the maximum electricity tariff increase should be linked to the consumer price inflation rate.
Wall Street's main indexes ended sharply lower on Friday as Netflix shares plunged after a weak earnings report that also weighed on rivals, and stocks ended a gloomy week on a sour note.
Eskom says its decision to apply for a 20.5% tariff increase for the coming financial year still stands. This emerged during the National Energy Regulator's final public hearings taking place in Johannesburg.
The World Bank has approved South Africa’s request for a $750 million loan (R11.4 billion at current exchange rates). In a joint statement issued by both World Bank and National Treasury, the loan is described as a low-interest development policy loan (DPL).
The safe-haven yen gained versus the riskier Australian dollar on Friday as risk sentiment soured amid rekindled fears of heated inflation and aggressive Federal Reserve policy tightening.
Netflix Inc fell short of Wall Street forecasts for new subscribers at the end of last year and offered a weaker-than-expected forecast for early 2022 as rivals amped up the competition in the battle for streaming television viewers.
In its submission to the National Energy Regulator on the request for tariff increases, Eskom has assured South Africans that there are no plans for load shedding in the near future.
The tourism and business sectors in KwaZulu-Natal have welcomed the resumption of South African Airways (SAA) and Qatar Airways flights from Durban's King Shaka International Airport.
The Department of Employment and Labour says lack of resources and capacity is impacting its ability to do its job properly.
Former Old Mutual CEO Peter Moyo has confirmed that he is still awaiting judgment on another case in which he wants the directors of Old Mutual declared as delinquent.
Groups representing the descendants of South Africa's earliest inhabitants, the Khoi and San, went to court on Wednesday to try to halt construction of Amazon's new 70 000-square metre Africa headquarters on land they regard as sacred.
World Bank President David Malpass on Wednesday criticized Microsoft's $69 billion takeover of gaming developer Activision Blizzard as a questionable allocation of capital at a time when poor countries are struggling to restructure debts and fight COVID-19 and poverty.
Strong US and European corporate results helped stock markets initially rebound on Wednesday, but rising crude prices kept inflation concerns alive and trading choppy even as bond yields eased after having touched fresh multiyear highs.
Experts say to achieve green energy, the mining sector will have to play an important role. This is because the resources needed to produce clean energy will have to be sourced largely through the sector.
Job security for those employed in the tourism sector along the Vaal River system at Bloemhof in North West has been severely compromised following flooding in the area.
Former Old Mutual Chief Executive Officer (CEO) Peter Moyo says there was no conflict of interest on his part with regards to the dividend payment matter which resulted in his axing as CEO.