Government is exploring ways of capping the price of unleaded petrol, which is currently at an all-time high, with consumers feeling the brunt of the soaring costs of transport and food.
Labour union Nehawu is to meet striking social security agency(SASSA) workers on Wednesday to decide the way forward following the suspension of the Biometric Enrolment for grant beneficiaries.
The Hawks say that a team of investigators and prosecutors are conducting an investigation into those suspected of looting billions of rands from VBS Mutual Bank.
The Communications Workers Union says it will use Friday's consultative meeting with SABC management to seek clarity on the retrenchments and the public broadcaster's turnaround strategy.
South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least 1.9 billion rand ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said.
Angola has secured $2 billion in Chinese financing from the China Development Bank for infrastructure projects on President João Lourenço’s first visit to Beijing, Angola’s state newspaper Jornal de Angola reported on Wednesday.
The World Bank and IMF have endorsed Zimbabwe’s road map to clear more than $2 billion in foreign arrears at a meeting in Indonesia on Wednesday, the finance minister said, adding that the lenders had also backed his two-year economic recovery plan.
Business confidence in the South African economy rose in September, helped by higher export volumes, new vehicle sales and lower inflation, a survey showed on Wednesday.
South African markets rallied after the appointment of former central banker Tito Mboweni as finance minister, an ANC insider and ally of President Cyril Ramaphosa expected to focus on wooing investors and reviving an economy in recession.
A final report on the investigation into large-scale fraud at VBS Mutual Bank indicates that there are no prospects of saving the bank after about R2 billion in depositors' money was looted.
Members of Parliament's oversight Committee on Public Enterprises have expressed outrage about the irregular expenditure of more than R27-billion at Eskom, Transnet and environmental group, Alexco
World leaders need to fix global trading systems instead of trying to tear them down, International Monetary Fund chief Christine Lagarde said Wednesday, in a rebuke to nationalist politicians pushing tariffs and protectionism.
The Democratic Alliance KwaZulu-Natal premier candidate for the 2019 elections Zwakele Mncwango says every leader needs to commit to curbing the high rate of unemployment in South Africa.
eThekwini Expanded Public Works Programme employees have embarked on protest action who are demanding permanent positions.
The South African Social Security Agency workers affiliated to the National Education, Health and Allied Workers’ Union are expected to go on a national strike on Wednesday morning.
President Cyril Ramaphosa says the appointment of former Reserve Bank Governor Tito Mboweni as Finance Minister comes at a critical time for the South African economy.
President Cyril Ramaphosa has accepted the resignation of Finance Minister Nhlanhla Nene.
Nigeria's central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 billion, two sources with direct knowledge of the matter said.
Zimbabwe's gold miner RioZim on Tuesday said it would take legal action to force the central bank to pay it in US dollars for part of its output, signalling impatience by mining companies over acute dollar shortages afflicting the economy.
The Treasury has confirmed that Finance Minister Nhlanhla Nene will travel to Indonesia for a meeting of the International Monetary Fund (IMF) on Wednesday.
The IMF expects South Africa's economy to expand 0.8 percent this year, down from a forecast of 1.5 percent in July and by 1.4 percent in 2019, down from a previous estimate of 1.7 percent.
The Gauteng Shutdown Coordinating Committee representing Coloured communities will be embarking on a march on the Johannesburg Stock Exchange to protest against economic exclusion.
With trade growth set to slow sharply amid a trade war between the United States and China, the IMF cut its outlook for global GDP by two-tenths to 3.7 percent for 2018 and 2019.
Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC's third-largest producer, are declining in the run-up to there-imposition of U.S. sanctions and as a hurricane moved across the Gulf of Mexico.
Financial adviser Lazard will conclude its assessment of which assets South Africa’s state-owned power firm Eskom can put up for sale in the next few days, Eskom’s chairman Jabu Mabuza said on Monday.
South African state-owned power firm Eskom does not require government cash injections over the next 12 months, the country’s Public Enterprises Minister Pravin Gordhan said on Monday.
Toyota South Africa operations were halted on Monday at its Durban assembly plant and a Johannesburg warehouse due to a strike by the National Union of Metalworkers of South Africa.
The President of the Black Business Council, Sandile Zungu, says the economy needs to be reconfigured to make it easier for people to find jobs.
The Nigerian central bank may reduce the amount it has ordered South African telecoms firm MTN to repatriate as part of an on-going disagreement, central bank governor Godwin Emefiele said on Sunday.
Elderly women in Mthatha and surrounding towns in the Eastern Cape have resorted to recycling to make ends meet.