Business

By Ntando Thukwana. Fitch Ratings signaled that it may upgrade South Africa’s credit outlook if the government sticks to its

By Lehlohonolo Lehana. The department of mineral resources and energy has confirmed fuel price increases for petrol and diesel will

By Loni Prinsloo. South African billionaire Patrice Motsepe and his associate companies are being sued for $195 million (R3.4 billion)

By Ntando Thukwana. An index measuring South African factory sentiment stabilised in October, signaling a rebound in manufacturing, the third-largest economic

By Thomas Biesheuvel, Bloomberg. BHP Group has been forced to walk back from comments about having “moved on” from its failed

By Ntando Thukwana and S’thembile Cele. South Africa is unlikely to have a new inflation target by February’s budget, Finance Minister

By Lehlohonolo Lehana. Minister of Finance Enoch Godongwana, on Wednesday, said that the government was transforming its approach to private-sector

By Ntando Thukwana. Finance Minister Enoch Godongwana will deliver his first mid-term budget since a business-friendly coalition government took office

By Duncan McLeod. The Competition Tribunal has thrown South Africa’s telecommunications industry into turmoil after it said on Tuesday that

By Prinesha Naidoo. @ReutersPhoto South Africa’s improving economic prospects after years of lackluster growth will result in better fiscal metrics

By Adelaide Changole and Joumanna Bercetche. African countries face higher costs of financing because of inflated risk perceptions from credit-ratings companies,

By Loni Prinsloo. South African lender Absa Group secured a $150 million trade financing facility with the UK’s development finance arm