Decision to close some factories was approved by Competition Commission in 2019: Clover

An escalated conflict between Russia and Ukraine would likely further increase energy costs and commodities prices for many countries, keeping headline inflation rates elevated for longer, a top International Monetary Fund official said on Tuesday.

Disaffected communities have been protesting outside the provincial Mining Investment Conference in Rustenburg in the North West.

Labour Minister, Thulas Nxesi, says it is illegal for members of the public to conduct random labour inspections at places of employment.

A multi-billion rand project to build a harbour in the Northern Cape is expected to provide much-needed economic relief for the province

South Africa's fight against corruption has stagnated over the last 10 years, according to the latest Transparency International Corruption Perceptions Index.

President Cyril Ramaphosa has authorised the public release of the final report of investigations by the Special Investigating Unit (SIU) into procurement by all spheres of government of goods and and services associated with the COVID-19 pandemic.

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.