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South African businesses, MTN and Shoprite, closed stores in Nigeria on Wednesday after their facilities came under attack. The stores were attacked in retaliation after days of riots in South Africa...
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The Gauteng Enterprise Propeller (GEP) has written off R38 million, which it loaned to small businesses due to non-repayment challenges. The businesses cannot be traced because they changed physical addresses,...
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JOHANNESBURG - South African insurer Old Mutual sacked its former chief executive for a second time on Thursday and said it would continue to fight his attempts to get reinstated,...
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South Africa will consider adding nuclear power capacity in an affordable way as part of its long-term plans, Energy Minister Gwede Mantashe said on Tuesday. President Cyril Ramaphosa put on...
Read moreThe South African Reserve Bank’s composite leading business cycle indicator fell by 0.4% month-on-month in June. The largest negative contributions to the movement in the composite leading business cycle indicator...
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The United States will extend a reprieve that permits China’s Huawei Technologies to buy components from US companies to supply existing customers, the Commerce Department said on Monday, but it also moved...
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Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-United States trade tensions could...
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Reserve Bank Governor Lesetja Kganyago has strongly cautioned against approaching the International Monetary Fund (IMF) for financial backing. Speaking on the Bottomline on Thursday night, Kganyago says going to the IMF would prove disastrous...
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South Africa’s Steinhoff will sell off non-retail assets and cut jobs at its French retail chain Conforama as part of the scandal-hit company’s plan to slim down into an investment holding firm, management...
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The Department of Trade and Industry’s (dti) trade and investment mission to Zambia is an indication of the landlocked country’s strategic importance to South Africa. “The National Bi-National Commission agreement...
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