The head of the International Monetary Fund on Monday said the global lender needed more resources to help heavily indebted countries, citing a highly uncertain global economic outlook and a growing divergence between rich and poor countries.
The 2021 wine grape harvest in the Western Cape is looking very good with excellent quality expected in most areas, but the Catch 22 situation of not being able to sell wine is proving disastrous.
South Africa is currently losing between R700 million and R900 million a day due to the ongoing loadshedding implemented by power utility Eskom.
A group of farmers who belong to farm the Transvaal Agricultural Union of South Africa (TAU SA) says it will not be able to afford a salary increase for its workers to be in line with the National Minimum Wage recommendation.
The Trump administration notified several Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.
As more people feel the economic impact of the COVID-19 pandemic they are looking elsewhere to shop and find a bargain.
The construction industry in South Africa has expressed concern over financial uncertainty amid lockdown regulations.
The Communication Workers Union (CWU) has outlined their list of demands, due to be handed to government, saying they believe the SABC may have issued more Section 189 letters than originally stated.
An organization called Liquor Trader Formations has requested a meeting with President Cyril Ramaphosa to discuss the impact of the alcohol ban on the industry. They are calling for the unbanning of liquor sales as a matter of urgency.
In another action against China days before he leaves office, US President Donald Trump on Friday directed government departments to look at ways to minimize procurement of Chinese goods and services to reduce the risks from espionage, his national security adviser said.
The City of Cape Town says many businesses in the metro are on the brink of collapse. This after losing trading hours every night due to the curfew.
Some workers in the liquor industry in Bloemfontein say they are battling to make ends meet due to the ban on the sale of alcohol.
Wall Street’s main indexes dropped on Friday, weighed down by losses in major US lenders after their earnings reports, while incoming President Joe Biden’s $1.9 trillion stimulus plan also sparked fears of an increase in corporate taxes.
Oil prices fell more than 2% on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer and US plans for a large stimulus package.
The Communication Workers Union (CWU) has served the SABC with a notice to resume with their strike action as the public broadcaster forges ahead with retrenchments.
Former Eskom CEO Brian Molefe has placed President Cyril Ramaphosa at the centre of an allegedly unjustifiable coal contract worth R1.4 billion awarded to Glencore in 2012.
The Automobile Association predicts sharp rises in fuel prices for the month of February.
Former Eskom CEO Brian Molefe continues his testimony at the State Capture Commission of Inquiry on Friday afternoon. Earlier in the day, Molefe placed President Cyril Ramaphosa at the centre of an allegedly unjustifiable coal contract worth R1,4 billion awarded to Glencore in 2012.
A German court in Braunschweig, Germany, said on Friday it had halted criminal proceedings against former Volkswagen CEO Martin Winterkorn for alleged market manipulation as part of the carmaker’s emissions scandal.
The Restaurant Association of South Africa (RASA) has announced its intention to take government to court over its decision to ban the sale of alcohol.
The commission will continue to hear Eskom related evidence from the Eskom's Former Chief Executive Officer Brian Molefe.
The much awaited evidence of former Eskom CEO Brian Molefe is expected to be heard on Friday at the Commission of Inquiry into State Capture, Johannesburg.
It will take more than two years for Britain’s economy to recover to its pre-COVID-19 level, a Reuters poll found, but the Bank of England was still expected to keep rates steady until at least 2024 and to avoid negative borrowing costs.
Oil prices edged higher on Thursday, boosted by a weak dollar and bullish signals from Chinese import data but pressured by renewed worries about global oil demand due to surging coronavirus cases in Europe and new lockdowns in China.
Eskom says there's a high risk of loadshedding until at least September this year.
Guesthouse owners and farmers on the banks of the Vaal River, near Bloemhof, in the North West, say they have suffered severe damages and loss in revenue.
Sterling rose to a fresh three-week high against the euro on Thursday as pushed-back expectations of negative interest rates and hopes for a quicker economic recovery in Britain
The National Union of Metal Workers of South Africa (Numsa) threatened legal action after vehicle manufacturer, Volkswagen South Africa, dismissed 14 shop stewards at its Uitenhage plant in the Eastern Cape
The Commission of Inquiry into State Capture continues hearing evidence from former Acting Director General at the Department of Public Enterprise Matsietsi Mokholo and Trillion Financial Advisory CEO Mosilo Mothepu
The Eastern Cape government has injected over R17 million in businesses affected by the COVID-19 pandemic.