Kganyago emphasizes Reserve Banks’ commitment to tighten monetary policy.
Business Reporter. The governor of the South African Reserve Bank (SARB) Lesetja Kganyago says South Africa’s assets are affordable in
Business
A third of global economy will shrink in coming months, as IMF cuts SA forecast.
Business Reporter. (AFP) – Global growth is expected to slow further next year, the IMF said on Tuesday, downgrading its
FlySafair to operate flights to 11 new destinations in Southern Africa.
Business Reporter. FlySafair says it has received approval to operate flights to 11 new destinations within the Southern African region,
Sun International breaks ground on new Sun City development.
By Lehlohonolo Lehana. Sun International has revealed an expansion plan worth approximately R1.1 billion, comprising multiple projects across its Sun
PA welcomes court ruling confirming curatorship for insurer 3Sixty Life.
By Lehlohonolo Lehana. The South African Reserve Bank’s Prudential Authority (PA) has welcomed a High Court ruling confirming the curatorship
South African Reserve Bank sees need to raise interest rates further.
By Prinesha Naidoo. South Africa’s central bank sees a need to continue raising borrowing costs, even after hiking interest rates
DPE welcomes court judgment allowing SAA sale to proceed.
By Lehlohonolo Lehana. The Department of Public Enterprises has welcomed a High Court judgment dismissing an attempt to stop it
Massive blow for South Africa as load shedding tears through the economy.
Business Reporter. Load shedding is setting South Africa up for a double blow in data releases for the current quarter,
Load shedding drive SA factory activity to 14-month low.
By Prinesha Naidoo. Business activity in South Africa’s manufacturing industry fell to a 14-month low in September as electricity-supply constraints in
Petrol price decrease on Wednesday, but diesel gets pricier.
Business Reporter. The Department of Energy has published the latest fuel price update for October 2022, showing another cut to
SAA says it will increase flight capacity to meet demand.
Business Reporter. South African Airways (SAA), has moved to assure customers that it will continue to service the routes it
MTN hints it could quit Telkom talks over Rain flirtation.
By Lehlohonolo Lehana. MTN has responded to a statement from Telkom relating to an offer from data network provider Rain