Crypto's "white knight" has been arrested after his digital-asset exchange FTX collapsed following allegations of misused client funds.
Bloomberg reports insight into what investors are considering when the president of South Africa is rumoured to be involved in corruption.
Markus Jooste, a former chief executive of Steinhoff International Holdings NV, is one of four defendants who will stand trial.
Tech companies such as Amazon, Apple, Intel, Meta, and Twitter are trimming staff and slowing hiring as they face higher interest rates and sluggish consumer spending in the US and a strong dollar abroad.
Amsterdam-based Lekela Power in South Africa says that global supply chain issues that are slowing the construction of renewable plants, making it harder for South Africa to change course.
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…
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.
Work that Eskom has done to alleviate the country’s energy crisis will help ensure the situation won’t be as dire as it might have been, says Chief Operating Officer Jan Oberholzer.
Money promised by foreign jurisdictions to assist in the move away from coal is coming with more T's and C's than expected, says minister of environment, forestry and fisheries.
Confidence in South Africa’s future has fallen after more than a decade when average economic growth failed to match the increase in population and people are considering better opportunities overseas.
© 2022, Instive. All rights reserved
