Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executive says.
South African energy regulator NERSA on Tuesday gave power utility Eskom the go-head to recover R32.69 billion ($2.25 billion) of costs incurred over the past three years through higher tariffs over a four-year period from 2019 to 2023.
The Communications Workers Union says retrenchments of workers in the communication and telecommunication sectors will worsen the country's high unemployment rate.
The sharp rise in the fuel price that will come into effect at midnight on Tuesday will have a negative impact on the agricultural sector.
There has been a slight improvement in consumer credit health in the quarter ending in June.
The weak rand is the main reason for the steep fuel price hikes that will come into effect after midnight today.
Gauteng Roads and Transport MEC Ismail Vadi has encouraged commuters to make use of public transport amid news of yet another hefty fuel hike.
Tourism Minister, Derek Hanekom, has welcomed the relaxation of visa regulations that made it harder for families with children to travel to South Africa.
Zimbabwe’s economy will grow faster than expected in 2018, from an estimate of 4.5 percent to 5 percent, the central bank said on Monday as the new government implements reforms to kick-start growth that has languished for more than two decades.
Marriott International plans to increase its hotels in Africa by 50% in the next five years, opening new facilities in markets where it already operates and venturing into new ones like Mozambique, the company said on Monday.
South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell slightly in September, weighed down by a fall in new sales orders and employment, a survey showed on Monday.
The retail price of fuel will increase by R1 a litre from Wednesday.
Emerging farmers in drought stricken Ladismith in the Little Karoo are the latest beneficiaries of fodder for their livestock from farmers in the Free State.
China has hiked its 2019 crude oil import quota for "non-state trade", generally meaning independent refiners, by 42% to 202 million tonnes, as two private companies prepare to launch commercial production at major new plants.
The Cape Winemakers Guild held its exclusive annual auction in Stellenbosch in the Western Cape, with 48 wines on auction and a total of 2000 cases.
Egypt will stop importing natural gas after its final liquefied shipment arrived last week, Petroleum Minister Tarek El Molla said on Saturday.
The Association of Mineworkers and Construction Union (Amcu) has been issued with strike certificates by the Commission for Conciliation Mediation and Arbitration (CCMA).
A senior analyst at ratings agency S&P Global said on Friday that South African President Cyril Ramaphosa’s stimulus plan did not affect the stable outlook on the country’s sovereign rating.
South African investors including Allan Gray, Old Mutual and Investec's asset management arm are backing litigation against crisis-hit Steinhoff in the Netherlands.
Liberian court has issued arrest warrants for more than 30 former Central Bank officials in connection with $104 million that went missing on the way to the bank, according to a court document released on Friday.
Outgoing Parliamentary Advocate Mthuthuzeli Vanara says it would be premature for him to comment about looming retrenchments at the SABC.
The Nugent Commission of Inquiry continues with testimony from the Chief Officer of Governance, International Relations, Strategy and Communications Hlengani Mathebula.
The new Mining Charter will require holders of mining rights to have a black ownership level of at least 30% within five years.
Transnet Chief Executive Officer, Siyabonga Gama, has been served with a letter informing him of the board's intention to terminate his employment.
Labour Minister Mildred Oliphant has appealed to employees to be proactive, as well as prepare themselves for integration into new technologies.
South African state-owned power firm Eskom will get a 2.9 billion rand ($205 million) loan from the African Development Bank to upgrade and expand its transmission network, the bank said on Thursday.
The SABC says it will prioritise the payment of salaries despite its current financial crisis.
The Limpopo provincial government says it is necessary to save VBS Mutual Bank while law enforcement agencies continue to deal with officials who were involved in criminal activities
South Africa unveiled a new regulatory charter for its mining industry on Thursday, a crucial step to attracting further investment to a sector laid low by depressed prices, soaring costs and murky policy.
The United Nations World Tourism Organisation has emphasised the need for increased investment in digital technologies to create an environment of innovation and entrepreneurship in tourism.