South African finance minister Enoch Godongwana collected more money than he expected this year because of a jump in commodity prices, which led to better tax collections.
South African Finance Minister Enoch Godongwana is set to take up a key question investors are asking about the nation’s crisis-ridden power utility when he presents his second mid-term budget, as the government devises a plan for how to deal…
US tech stocks tumbled in after-hours trading after some of the industry’s biggest companies reported disappointing results, undermining wagers that this year’s $5.5 trillion selloff had reached bottom.
South Africa’s government said it has “no reason” to apply sanctions brought against Russian tycoon Alexey Mordashov and that his $500 million (R9 billion) megayacht is free to dock at its ports.
Investors are facing a make-or-break week for some of Wall Street’s most influential tech stocks in a historic year for the group marked by a plunge into bear market territory.
The Congress of South African Trade Unions has gone back to its initial demand for a 10% wage increase from the government after salary talks collapsed, the union federation said in a statement on its website.
Former South African president Kgalema Motlanthe issued a stinging indictment of the way the country is being run and warned the governing African National Congress may lose its majority in 2024 elections unless it improves its performance.
A crackdown by the US Securities and Exchange Commission and other watchdogs who have been investigating crypto’s naughtiest companies is proving to be a boon for the industry, with market participants saying they’re more likely to invest in the space…
Less than 3% of an $8.5 billion climate finance deal being offered to South Africa by some of the world’s richest countries will come in the form of grants, Climate Home News reported, citing a copy of the financing provisions.
Gold Fields Ltd was burning cash almost every year at their only facility in South Africa, until the continent’s third-largest miner of the metal started looking at Toyota Motor Corp for inspiration.
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