Russian businessman Alexey Mordashov’s R9 billion superyacht The Nord is expected to arrive in Cape Town on Wednesday.
Public sector unions will start striking this week, with several government departments being targetted.
Court ruling spells good news for the construction of Amazon’s planned offices in Cape Town.
South African President Cyril Ramaphosa promised in late July to implement emergency measures within three months to tackle record blackouts. But those have only been partially implemented, and outages continue.
For an economy that expanded at an average rate of 1% in the past decade and is being buffeted by rolling electricity outages, labour unrest and transport bottlenecks, accelerating growth to 5% may be a challenge, says central bank Deputy…
South Africa’s central bank said it will continue using interest rates to curb inflation, and responded to calls for its mandate to explicitly include promoting economic growth and creating jobs by saying monetary policy already targets those indicator...
The Johannesburg-based precious metals producer will enter into consultations with labor groups and other stakeholders on the proposed restructuring, which could affect 1,959 employees and 465 contractors at its Beatrix 4 shaft and Kloof 1 plant.
Moody’s Investors Service raised its outlook on Eskom’s debt ratings to positive for the first time since 2007 after South African Finance Minister Enoch Godongwana said that the government could take over a substantial portion of the power company’s d...
South Africa and Indonesia will receive a combined $1 billion from the Climate Investment Funds to replace some of their coal-fired power plants with renewable energy facilities, part of global efforts to cut planet-warming emissions.
One of South Africa’s richest suburbs may be the target of a terrorist attack on Saturday, according to an alert posted on the website of the US Embassy.
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