South Africa's state-owned transport utility Transnet faces mounting financial challenges as Treasury calls for urgent debt stabilisation. With losses exceeding ...
Parties under South Africa’s government of national unity (GNU) disagreed on the looming tax increases, with the DA saying it was opposed to an increase in Value ...
The recent Stilfontein disaster, claiming 78 lives, has exposed the devastating scale of South Africa's illegal gold mining crisis
MTN has previously been embroiled in tax fraud, corruption and other reputation damaging cases at home and abroad over the past few years.
According to the SAPS, the mastermind behind the Steinhoff scandal – South Africa’s largest corporate fraud – shot himself in Hermanus.
Steinhoff was rocked by an accounting scandal in 2017, with audit firm Deloitte confirming the accounting irregularities.
The merger is likely to result in the foreclosure of local production due to the loss of a significant customer who is Engen.
David van Wyk, the lead researcher at Bench Marks Foundation.
The partnership will have a positive impact on Transnet, container supply chains and on the competitiveness of South Africa’s economy.
Mavuso criticised political meddling in the running of state-owned enterprises by Public Enterprises Minister Pravin Gordhan on the appointment of top executives. ...
A reprieve after the mining firm says it has reduced the number of planned retrenchments across its South African PGM operations to 2,600, down from the 4,095 announced ...
Corruption Watch said it was “good for the Competition Commission to satisfy itself, given the importance of this matter”.
Cape Town is attracting large numbers of high-net-wealth individuals from other South African cities while it has also become a popular destination for wealthy individuals ...
The National Union of Mineworkers (NUM) yesterday advised mine-workers at Gold One, whose management insists that there will be no reversal to the mass employee ...
As many as 27 other banks were allegedly involved in the scheme that the Competition Commission says had wider implications running into trillions of rand.
Zimbabwe?s Hwange Colliery has set its eyes on exporting coal to South Africa to wriggle its way out of a financial crisis.
Governor, John Mangudya says starting on Tuesday, fuel marketers have to use the interbank market to source forex for fuel importation.
Consumption of soft drinks in Zimbabwe has gone down after the country's biggest beverage manufacturer recorded a 44% decline in volumes.
Zimbabwe is trying to clear its arrears with the World Bank and African Development Bank so it can unlock fresh credit lines.
Zimbabwe is struggling to prop up its economy, weighed down by years of decline blamed on poor economic policies and political instability.
Other gold producers in Zimbabwe that include Metallon have also been struggling, managers from some of its operations said.
Africa Guarantee Fund has withdrawn its investment as the guarantor of investment notes issued by Zimbabwe?s Untu Capital.
The UK is seeking closer ties with SA and is working closely with the government on the imploding economic and political situation in Zimbabwe.
The government said Russia?s Alrosa and China?s Anjin would partner it in the new discoveries in Masvingo and Chihota.
South African officials also say they are not in a position to advance Zimbabwe a financial package to help it end years of economic decline.