It's getting tougher to procure enough diesel for Eskom, PetroSA says; SARS commissioner says worries over South Africa's shrinking tax base are exaggerated; hospitals beg to be excluded from load shedding as lives are at risk; and education department...
The South African Reserve Bank's Monetary Policy Committee (MPC) has hiked the repurchase rate (repo rate) by 75 basis points.
The African Development Bank has suggested a plan to South Africa that will help the nation use the $8.5 billion in climate financing pledged by some of the world’s richest nations to raise even more funds.
Power utility Eskom has announced that stage 5 load shedding will continue until the weekend.
Homeowners and consumers are in for more belt-tightening as the interest rate rises for the sixth successive time with the Reserve Bank hiking the repo rate by another 75 basis points to 6.25%.
The South African Reserve Bank has hiked interest rates by 75 basis points, taking the repo rate to 6.25% per annum - returning to pre-Covid-19 levels.
Despite the South African government's best efforts to fast-track reforms and make urgent changes to the country's financial regulations, the sheer scale of its deficiencies when it comes to the Financial Action Task Force's (FATF's) metrics means a gr...
South African power cuts should ease over coming days and the nation’s electricity supply will continue to improve over the medium term as new investments bolster generation, according to Public Enterprises minister Pravin Gordhan.
Although consumers can expect some relief at the petrol stations, the South African economy will take much longer to recover, warns Cliffe Dekker Hofmeyr.
Holding group Rand Merchant Investment (RMI) says it is in the process of transitioning and rebranding from RMI to OUTsurance Group.