Eskom has again denied reports that its suspended acting CEO Matshela Koko has been re-instated.
Major business bodies have welcomed the newly elected African National Congress (ANC) leadership.
The rand has strengthened to R12.68 to the dollar on news of the change of leadership in the governing ANC.
Minister of Small Business Development, Lindiwe Zulu, says her department has witnessed enormous progress for small businesses over the last three years, although there are challenges.
The rand continues to strengthen against a basket of major currencies as the ANC votes to elect a new leader.
Democratic Alliance (DA) MP Natasha Mazzone has laid criminal charges against the newly reinstated Eskom CEO Matshela Koko at the Cape Town Police Station.
The Organisation Undoing Tax Abuse (Outa) says while Gauteng motorists are receiving summonses for defaulting on their e-toll payments, they cannot be prosecuted
Metrorail in the Western Cape says it will soon break ground on a R68 million project to build a 20 kilometre stretch of wall along its train infrastructure on its two Khayelitsha routes on the Cape Flats.
Minister of Small Business Development Lindiwe Zulu will be addressing the business conference breakfast on Monday.
The DA will on Monday lay charges against the newly re-instated Eskom CEO Matshela Koko.
South Africa’s rand firmed more than 2.3 percent to 12.7800 on Sunday as Cyril Ramaphosa and Nkosazana Dlamini-Zuma were formally nominated to contest the leadership of the ruling African National Congress. “The rand is stronger on the likelihood of Cyril Ramaphosa being elected ANC head,” said Brett Birkenstock, a director at Overberg Asset Management. “The […]
Chairperson of the African National Congress (ANC) National Executive Committee sub-committee on Economic Transformation, Enoch Godwangana says the elective conference underway at Nasrec in Johannesburg, will choose leaders that will help restore investor confidence in South Africa.
The South African Revenue Service (SARS) will collect the Sugary Beverages Levy (SBL) with effect from the 1st of April 2018.
Eskom has denied reports that Matshela Koko will be back at work on Monday after being reinstated at the power utility's CEO.
The Banking Association of South Africa has called on Finance Minister Malusi Gigaba to clarify how President Jacob Zuma's announced free higher education will be funded.
Finance Minister Malusi Gigaba says although the economy is showing signs of recovery, it is still growing slowly.
The Organisation Undoing Tax Abuse (Outa) says the 5.2% tariff increase that the energy regulator Nersa has granted Eskom is a victory for civil society.
Finance minister Malusi Gigaba says regulatory bodies will be investigating various aspects of the Steinhoff accounting scandal, looking at possible fraud, corruption and misconduct. He says legal or criminal action will be taken against those responsible. Gigaba has met various industry stakeholders regarding the Steinhoff scandal. A week after the corporate scandal broke, the company […]
Public Enterprise Minister, Lynne Brown, has warned newly appointed Eskom board members to be careful who they associate with. Speaking at a special Eskom general meeting, Brown warned that any information could be used against board members. Brown added that she is yet to be briefed on the outcome of suspended executive, Matshela Koko. She […]
Two men have appeared in separate courts in KwaZulu-Natal for illicit cigarette dealing.
Energy regulator NERSA has granted Eskom a 5.2 %r cent tariff increase for the 2018/19 financial year. Eskom had applied for a 19.9 % increase.
South African retail group Steinhoff, which is fighting for survival following its disclosure of accounting irregularities, said tycoon and major shareholder Christo Wiese has stepped down as chairman. Steinhoff said in a statement on Thursday that Wiese had offered to resign to reinforce independent governance of the company and that the supervisory board had accepted […]
As the countdown to the highly anticipated African National Congress's national conference begins, Soweto’s small business owners say they are hoping that delegates and members will visit their establishments.
South Africa’s Sibanye-Stillwater agreed to buy troubled miner Lonmin for about 285 million pounds ($382 million) to create the world’s No. 2 platinum producer in a bid to ride out depressed prices for the metal. Sibanye, whose CEO is called “Mr Fix It” for turning his firm from a spin-off with three old mines into […]
A war of words has erupted between South African Revenue Service (SARS) Commissioner Tom Moyane and parliament's Standing Committee on Finance.
South African consumer spending showed a modest uptick in October this year, with total retail volumes for the month rising 2.3% year-over-year after removing the effects of inflation.
The Democratic Alliance has written to state-owned arms manufacturer Denel asking it for an update on the true status of its financial affairs.
Worker's unions at the SABC say they are hoping to gather support from both freelancers and middle management for the strike action on Thursday.
The University Association, Universities South Africa has announced a fee increase for the 2018 academic year to be capped at 8%.
Communications Minister Mmamoloko Kubayi-Ngubane asked SABC staff and their unions to allow an amicable solution to be reached through negotiations.