South Africa's state-owned transport utility Transnet faces mounting financial challenges as Treasury calls for urgent debt stabilisation. With losses exceeding ...
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.
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.
Board chairperson Andile Sangqu outlines plans to rationalise loss-making activities, dispose of non-core assets and rope in private players in a turnaround bid. ...
Delta operations director, Max Karombo, said the forex supply and access situation on the official interbank forex market has improved.
Zimbabwe is trying to clear its arrears with the World Bank and African Development Bank so it can unlock fresh credit lines.
Other gold producers in Zimbabwe that include Metallon have also been struggling, managers from some of its operations said.
Operations at Mimosa and Zimplats were not affected by the #Shutdown protest action that rocked Zimbabwe
There has been no quick respite for Zim?s economy following four days of a massive protest action against steep increases in the price of fuel.
Zimbabwe has blocked up the internet once again, as the government seeks to contain the spreading of information through social media platforms.
The country is battling to tame price increases exacerbated by a foreign currency crunch that has been pushing up prices of goods and commodities.
Zimbabwe is asking grain millers in the country to venture into wheat farming as a way of limiting demand for forex.
Cabinet has now said it will allow two other unnamed companies to venture into diamond mining but has given conditions for this.
Economy projected to grow 4?percent this year before reclining to 3. 1% next year against the backdrop of revenues amounting to $6. 6bn in revenues.
Finance Minister, Mthuli Ncube has piled up further austerity measures for crisis weary Zimbabweans by introducing salary cuts for civil servants.