South Africa’s beleaguered power utility may need to raise R45 billion of debt this year to refinance upcoming obligations, purchase diesel and pay inflation-beating salaries to workers, according to S&P Global Ratings.
Business groups have called for an urgent intervention by president Ramaphosa on load shedding; Standard Bank warns greylisting will be worse than downgrades; New BEE changes cause upset; and Mercedes say South Africa needs to be doing more on electric...
While the travel industry has almost made a full recovery with travel numbers nearing pre-pandemic figures, staff shortages are severely impacting service delivery across the industry in Europe and the United States. And South Africa is not immune to t...
As businesses continue to move toward a heavy reliance on technology, the need for skilled South Africans grows.
Global platforms such as Google and Apple have the benefit of being able to exploit tax competition and tax havens to reduce their overall tax burden, says South Africa's Competition Commission.
Joanne Yawitch, commissioner of the National Planning Commission says that plans are already in place to end load shedding in South Africa, which if sped up could come sooner.
Finance minister Enoch Godongwana has warned that deteriorating service delivery at the municipal level is likely to lead to more instability and protest action in South Africa.
Vehicles of all descriptions – including trucks and trailers - are suffering damage due to the shocking condition of some roads in South Africa.
Tech stocks have fallen dramatically over the last 8 months with the Nasdaq down almost 27% year to date.
The Competition Commission says it is aware of reports of retail giant Amazon launching in South Africa, but says it is unlikely to overthrow existing players such as Takealot.
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