The UK's Conservative Party leader Liz Truss resigned as Prime Minister after a chaotic 44 days in office that brought financial instability to the nation, causing serious knock-on effects to markets.
Eskom is in deep financial trouble, with its interest expense far exceeding its operating profit, which shows that it can no longer service its debt.
The National Consumer Commission (NCC) has declared Obelisk a multiplication scheme after about 4,000 participants from eight WhatsApp groups lost R112 million in an alleged scheme selling bitcoin mining machines.
The LATAM Airlines Group says it will relaunch a non-stop flight between Brazil and South Africa.
National Treasury will table the 2022 Medium-Term Budget Policy Statement (MTBPS) on 26 October 2022 within a challenging global economic outlook.
After mysteriously sailing into Hong two weeks ago, Russian tycoon Alexey Mordashov’s $500 million (R9.2 billion) superyacht weighed anchor Thursday (20 October) and departed for South Africa. It was southeast of Hainan Island on Friday morning.
The South African Revenue Service (SARS) has announced that it will launch the pilot of an electronic online portal for travellers to make declarations of goods and cash ahead of their arrival or departure to/from South Africa.
The Financial Sector Conduct Authority (FSCA) has declared cryptocurrencies a financial asset in South Africa, opening a path to professionalize and regulate the crypto industry in the country. It also opens the door to taking on scammers - with the…
"Retail sales continued to rebound from the riots-induced plunge in volumes in July 2021, but the underlying momentum remained lacklustre in August," says Nedbank.
The Transnet strike is over - but SA will be feeling the effects for months; government says it might unilaterally push through a 3% wage hike for public servants; energy regulator Nersa forced back to the drawing board over municipal…
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