Finance Minister Enoch Godongwana has denied reports that the National Treasury's plan to takeover a portion of Eskom's debt will be linked to conditions that the power utility builds new coal, gas and nuclear plants.
South Africa's financial sector has taken another huge step towards modernising the country's payment ecosystem with the adoption of a new global messaging system, says the South African Reserve Bank (SARB).
The new Oceans Mall in Umhlanga is expected to open its doors to the public this month, promising to bring luxury retail and high-end fashion to Durban.