Steinhoff to appeal ruling ordering it to share probe into accounting fraud.
By Lehlohonolo Lehana. Steinhoff International Holdings is set to appeal a ruling ordering it to share a forensic probe into
Business
Nersa approves the first two private 100MW generation projects.
By Lehlohonolo Lehana The National Energy Regulator of South Africa (Nersa) has registered two new 100MW solar projects. It follows
S&P raises SA’s outlook to ‘positive’ on trade terms, fiscal discipline.
By Lehlohonolo Lehana. Photo Credit:Reuters. Credit rating agency S&P Global has upgraded its outlook for South Africa to “positive” from
Eskom ups the ante with Stage 4 load shedding from 13:00.
By Lehlohonolo Lehana. Power utility Eskom has moved to stage 4 load shedding on Saturday (21 May), as demand is
More sabotage at Eskom as Hendrina power station cable is cut.
By Lehlohonolo Lehana. Power utility Eskom has been hit yet again by an act of sabotage which further limits its
Economists warns of more price increases outside of food and fuel.
By Lehlohonolo Lehana. The Monetary Policy Committee (MPC) increased the repo rate by 50 basis points to 4.75%, following on
Sales at Builders and Game fall, but Makro sales grow.
Business Reporter. Massmart on Thursday (19 May) reported a marginal decline (0.2%) in group sales for the 19-week period ended
SA Reserve Bank increases repo rate by 50 basis points to 4.75%.
By Lehlohonolo Lehana. The South African Reserve Bank’s Monetary Policy Committee (MPC) has voted to hike interest rates by 50
Ninety One hits record annual earnings despite challenges.
Business Reporter. Global investment manager Ninety One on Wednesday (18 May) reported a 31% increase in profit before tax for
South Africa’s inflation steady as massive interest-rate hike looms.
By Prinesha Naidoo. South Africa’s inflation rate held steady near the ceiling of the central bank’s target range on the eve
Court dismiss Moyo’s applications to declare Old Mutual directors delinquent.
By Lehlohonolo Lehana. The High Court dismissed the applications by Peter Moyo (former CEO of Old Mutual) to have the
Pick n Pay announces changes to its core retail brand.
Business Reporter. @JohannBotha. Retailer Pick n Pay has announced plans to take on Shoprite and Woolworths across three main market