Steinhoff is facing a liquidation challenge in the Western Cape High Court which has been brought forward by the former owners of shoe retailer, Tekkie Town.
Employment and Labour Minister Thulas Nxesi, says his department will intervene should staff at the ANC headquarters at Luthuli House in Johannesburg, approach it for assistance.
South African Reserve Bank Governor Lesetja Kganyago says the easiest way to destroy price stability in South Africa is by insisting on lowering interest rates because of unemployment.
Wall Street sank and European stocks suffered their worst one-day rout in three weeks on Wednesday on uncertainty over the pace of economic recovery, as the dollar pared gains following dovish remarks from a Federal Reserve official.
Finance Minister Enoch Godongwana says while it is too early to accurately determine the short and medium-term economic impact of the recent violence in KwaZulu-Natal and Gauteng, the country is likely to see a reduction in the Gross Domestic Product.
Reserve Bank Governor Lesetja Kganyago says lowering the inflation target point could benefit the country's economy by keeping interest rates low.
A new survey released by insurance group Santam indicates the struggling economy, political unrest, cybercrime and the COVID- 19 pandemic are now the biggest risk factors to business and consumers.
Senior management of the Passenger Rail Agency of South Africa (Prasa) says it is concerned about the ongoing vandalism of its infrastructure.
The Viceroy Research Company says it stands by its report on Capitec Bank's alleged reckless lending. Viceroy's partner Fraser Perring told SABC News that the company will appeal the Financial Sector Conduct Authority's(FCSA) fine and will approach the courts. The FCSA has fined Viceroy Research an administrative fine of R50-million.
South Africa's state-owned insurance company Sasria is in talks with the National Treasury for a larger bailout than the R3.9 billion already promised, its managing director told a parliamentary committee on Wednesday.
South African Federation of Trade Unions (SAFTU) has called on President Cyril Ramaphosa to immediately step down following the latest Gross Domestic Product (GDP) figures.
US shares were mixed and global equities retreated from record highs on Tuesday as investors balanced mounting worries over the slowing pace of economic recovery and hopes the Federal Reserve will delay tapering its bond purchases.
Statistics South Africa has released the GDP figure for the second quarter, which shows economic growth of 1.2% quarter-on-quarter and 19.3% year-on-year, compared with minus 2.6% year-on-year in the first quarter.
El Salvador has become the first country in the world to adopt Bitcoin as legal tender.
Global stocks inched higher on Tuesday to a record high for the eight straight session as investors wagered the US Federal Reserve is likely to delay the start of tapering its asset purchases after the soft US jobs data.
The South African agricultural sector is anticipating a record year for exports. The citrus industry is expected to break the export record it achieved last year, in spite of logistical challenges.
The National Union of Metalworkers of South Africa (NUMSA) has given employers in the steel industry until next week to reach a wage settlement with the union or face a crippling strike action. Wage negotiations in the sector collapsed last month and there's still no resolution in sight.
The case against former Transnet Board Member and Gupta family business associate Iqbal Sharma and co accused has been postponed in the Bloemfontein Regional court.
Germany's biggest motor show, taking place in Munich this week, is no longer just about cars.
The intended beneficiaries of the Estina Vrede dairy farm say they are no longer interested in the Free State government's empty promises. It's been nine years since the project came into existence.
Raging veld fires in Ventersburg, Virginia, and some parts of Winburg and Bloemfontein have gutted about 40 farms. More than 25 000 hectares of agricultural land have been destroyed.
Nigeria’s journey to the Petroleum Industry Act started in 2000 under President Olusegun Obasanjo, who inaugurated an oil and gas sector reform implementation committee. The committee’s report formed the basis of the first Petroleum Industry Bill eight years later.
The Labour Department has warned of several court cases as some companies plan to introduce mandatory vaccination policies.
The largest currency exchange market in the Afghan capital of Kabul reopened on Saturday after closing for nearly three weeks since the Taliban takeover.
The City of Cape Town has rejected claims by some residents that their water and electricity tariffs are unfairly high.
China's ride-hailing giant Didi Global Inc said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not correct.
Big tech shares edged higher on Friday, helping a benchmark world stock index post a sixth consecutive closing high, after a weak US jobs report likely pushed back the timetable for when the Federal Reserve reduces its massive support of the economy.
The Soweto Action Committee says Eskom's decision to write off some of the township's electricity debt is nothing to celebrate.
The Soweto Electricity Crisis Committee says it wants Eskom to write off its entire 16 billion Rand electricity bill that residents owe to the state-owned power utility
The US Federal Aviation Administration has barred Virgin Galactic from flying its SpaceShipTwo until the agency approves its final mishap investigation report from its July flight or determines the issues do not affect public safety.