The South African Reserve Bank's Monetary Policy Committee (MPC) surprised financial markets by delivering its biggest increase in borrowing costs in almost two decades and signaled a faster pace of hikes through next year.
Economists say South Africans should expect big rate hikes to continue; SARS goes after failed crypto scheme for millions owed in tax; Mbalula promises to have SA's rail corridors up and running by September; and former president Thabo Mbeki warns…
Facebook parent Meta Platforms is changing the way it shows users posts and videos on its flagship social network, part of an effort to get people to watch content from accounts they don’t already follow and better compete with the…
South Africa’s power utility Eskom Holdings SOC Ltd could run coal-fired stations for years longer than originally planned to allow more renewable power to be built as the country transitions to a greener energy mix.